Board Paper of Class 12-Humanities 2023 Economics Delhi(Set 3) - Solutions

__________ is that apex institution which plans and evaluates policies related to rural credit needs
(a) Cooperative Credit Societies
(b) Regional Rural Banks
(c) Self Help Group
(d) NABARD VIEW SOLUTION

During the British rule in India, Indian agricultural output witnessed stagnation due to____________. (Choose the correct alternative)
(a) Decline in handicrafts
(b) Drain of Indian wealth
(c) Land settlement
(d) Introduction of railways VIEW SOLUTION

In the first phase of Green Revolution, output was restricted mainly to ____________. (Choose the correct alternative)
(a) Careless and Pulses
(b) Wheat and Rice
(c) Cotton and Jute
(d) Jowar and Bajra

OR

__________ is known as the architect of India Planning.
(a) Jawaharlal Nehru
(b) P. C. Mahalanobis
(c) Dr. Manmohan Singh
(d) Dr. Rajendra Prasad VIEW SOLUTION

Read the following statement carefully:
Statement 1: Great Proletarian Cultural Revolution was introduced in China in 1950's.
Statement 2: China's growth is mainly contributed by the manufacturing sector.
In the light of given statements, choose the correct alternative from the following:
(a) Statement 1 is true and statement 2 is false.
(b) Statement 1 is false and statement 2 is true.
(c) Both statements 1 and 2 are true.
(d) Both statements 1 and 2 are false.

OR

Identity the incorrect statement from the following:  (Choose the correct alternative)
(a) China's Economic growth rate is rate is better than that of Pakistan.
(b) Pakistan is behind India in HDI ranking.
(c) One Child Policy norm was adopted in Pakistan.
(d) In 1991, Indian adopted New Economic New Economic Reforms. VIEW SOLUTION

Identity, which of the following are associated with the problem of human capital formation in India?
(i) Brain drain
(ii) Low academic standard
(iii) Rising population
(iv) Changes in social outlook
Alternatives:
(a) (i) and (ii)
(b) (ii) and (iii)
(c) (i), (ii) and (iii)
(d) (i) and (iv)  VIEW SOLUTION

Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
Assertion (A):  During 1980's, economic growth rate of Pakistan was more than that of India.
Reason (R):  Pakistan followed the path of mixed economic structure with equal participation of the public and the private sector.
Alternatives:
(a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
(b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
(c) Assertion (A) is true, but Reason (R) is false.
(d) Assertion (A) is false, but Reason (R) is true. VIEW SOLUTION

Identify, which of the following is an incorrect function of environment?
(a) Supplies resources
(b) Assimilates waste 
(c) Land degradation
(d) Provides aesthetic services VIEW SOLUTION

Read the following statements carefully:
Statement 1: Special Economic Zones (SEZ's) policy has led to huge Foreign Direct Investment (FDI) flow to China.
Statement 2: China's rapid industrial growth was the result of its economic reform in 1981.
In the light of the given statements, choose the correct alternative:
(a) Statement 1 is true and Statement 2 is false.
(b) Statement 1 is false and Statement 2 is true.
(c) Both statements 1 and 2 are true.
(d) Both statements 1 and 2 are false. VIEW SOLUTION

Read the following statements carefully:
Statement 1: First Five Year Plan of China commenced in the year 1956.
Statement 2: Both India and China adopted Socialist Economy model, following USSR.
In the light of the given statement, choose the correct alternative:
(a) Statement 1 is true and Statement 2 is false.
(b) Statement 1 is false and Statement 2 is true.
(c) Both statements 1 and 2 are true.
(d) Both statements 1 and 2 are false. VIEW SOLUTION

Identify, which of the following is the correct formula for calculating 'Worker-Population Ratio'?                 (Choose the correct alternative)
(a) $\frac{\mathrm{Total} \mathrm{Labour} \mathrm{Force}}{\mathrm{Total} \mathrm{Population}}\times 100$

(b) $\frac{\mathrm{Total} \mathrm{Workers}}{\mathrm{Total} \mathrm{Population}}\times 100$

(c) $\frac{\mathrm{Total} \mathrm{Population}}{\mathrm{Total} \mathrm{Labour} \mathrm{Force}}\times 100$

(d) $\frac{\mathrm{Total} \mathrm{Population}}{\mathrm{Total} \mathrm{Workers}}\times 100$

  VIEW SOLUTION

Interpret the situation of earth as depicted in the given picture, with reference to current environmental challenges:
VIEW SOLUTION

Explain the role of micro-credit system in meeting credit requirements of poor.

OR

"In rural area of India, more members of a family are engaged in work, yet the gross income of the family is generally low."
Identify the type of unemployment indicated in the above statement and explain the paradox associated with it. VIEW SOLUTION

(i) State the meaning of 'Privatisation'.
(ii) 'Agriculture sector has been adversely affected by the Economic reform process.' Comment.

OR

State and explain any two main causes behind infrastructural development by British rule. VIEW SOLUTION

State, with valid reasons whether, the following statements are true of false:
(a) Rising population is not the cause for quality of human capital formation. 
(b) "Higher productivity and production are the outcome of investment in human resources." VIEW SOLUTION

Compare and analyse the following information related to Annual Growth of Gross Domestic Product (GDP) of India and China:
 

Annual Growth of Gross Domestic Product
Country	1980-90	2015-17
India	5.7	7.8
China	10.3	6.8

(Source: Asian Development Bank, Philippines, World Development indicator- 2018) VIEW SOLUTION

Read the following text carefully and answer the given questions on the basis of the same and common understanding:

India urged the World Trade Organisation (WTO) to relax rules to allow the country to export food grains form its public stocks to the nations facing food crises. India can help, reduce food insecurity but there is hesitation on the part of the WTO, in relaxing its rules. India's Finance Minister said food, fuel and fertilizers are global public goods and ensuring access of these for developing and emerging economies is critical. She also shared India's experiences, including robust gains in agriculture production, citizen centric food security programmes and innovative delivery mechanisms such as the 'One Nation one Ration Card' Scheme.
(a) State and discuss any two objectives of World Trade Organisation.
(b) Name any two steps taken by India to strengthen the food security. VIEW SOLUTION

(i) Define Agricultural diversification.
(u) State the meaning of organic farming. Discuss how does it help in promoting sustainable development.

OR

(i) Discuss the need for promoting women's education in India. 
(ii) Explain absorptive capacity of environment with example. VIEW SOLUTION