XII CLASS ECONOMICS Sample Paper

Class 12 – Economics

Sample Paper 01

Maximum Marks: 40                                                                                      Time Allowed: 90 minutes                                                                                                                                         

General Instructions :-
1. There are a total 37 questions in this paper out of which 35 questions are to be attempted.
2. All questions carry equal marks.
3. There is no negative marking.

 

 

 

 

 

 

 

 

 

Section 

Question 1. Who was the Chairperson of the Planning Commission of India?

A. President of India
B. Finance Minister of India
C. Prime minister of India
D. Governor of RBI

Answer :-option C. Prime minister of India

Question 2. Which sector was given the main emphasis in five-year plans?

A. Agriculture
B. Trade
C. Industry
D. Transport

Answer :-Option: C. Industry

Question 3. Which of the following is a goal of five years plan?

A. Growth
B. Modernization
C. Self-reliance
D. All of these

Answer :-  Option D. All of these

Question: 4  Who is considered to be the architect of Indian Planning?

A. William Digby
B. P.C Mahalanobis
C. Dada bhai Naroji
D. R.C Desai.

Answer :- Option B. P.C Mahalanobis

Question 5:  Schedule B of IPR 1956 includes:

A. Those industries which are reserved for public sector.
B. Those industries which are open for both public and private sectors.
C. Residual industries
D. Industries in which only Small Scale Industries can enter.

Answer :- Option B. Those industries which are open for both public and private sectors

Question: 6 What is per capita Income.

A. It refers to total value of Investment made in a year.
B. it is sum of all final goods and services produced in an economy in a financial year.
C. It is national Income divided by population.
D. it is foreign investment made in a year.

Answer :- Option C. It is national Income divided by population.

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Question 7: In which year was India s First Five Year Plan launched ?

 A. 1951

B. 1947

C. 1940

D. 1955

Answer :- Option A. 1951

Question 8 :-  What is the term used for the policy which promote setting up of an upper limit of the land that could be owned by a landowner?

A. Land Fragmentation
B. Land Ceiling
C. Land cultivation
D. Land Tilling

Answer :- option B. Land Ceiling

Solution: because Land Ceiling is a policy of land reform which means setting up of a maximum limit on the ownership of the land.

Question 9:-  Name the two states in which land-reform was successful?

A.  Maharashtra and Tamil Nadu
B.  Karnataka and West Bengal
C.  Uttar Pradesh and Bihar
D.  West Bengal and Kerala

Answer :- Option D.  West Bengal and Kerala

Solution:  West Bengal and Kerala are the two states in which land-reform was successful because Government of these states was committed towards the implementation of the policy. So,  is the correct.

Question 10 :-  For the growth of which crop, use of HYV seeds was beneficial?

A. Rice
B. Barley
C. Wheat
D. Pulses

Answer :- Option C. Wheat 

Solution: because the use of HYV seeds was successful mainly in the wheat-growing regions.

Question 11 :-Price Support Policy focuses on:

A. STABILITY OF FARM OUTPUT

B. HIGH PRICE OF FARM OUTPUT

C. STABILITY OF INCOME FROM FARMING

D. STABILITY OF FARM PRODUCTIVITY

Answer :- Option C. STABILITY OF INCOME FROM FARMING

Question 12. Cooperative marketing societies have been established to enhance the bargaining power of the 

A. MIDDLEMEN 

B. SHOPKEEPERS 

C. MONEY LENDORS 

 D. FARMERS 

Answer :- Option D. FARMERS 

Question 13 :-  Disguised unemployment is a phenomenon inherent in which sector of the Indian economy?

A. SERVICES   

B. MANUFACTURIES  

C. INDUSTRIES 

 D. AGRICULTUR

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Answer :- Option D. FARMERS 

Question : 14 . Farming in India is subsistence-oriented for which category of farmers?

B. SMALL FARMERS   

C. MEDIUM FARMERS 

D. ALL OF THESE

Answer :- Option B. SMALL FARMERS 

Question 15 : Agrarian reforms refer to:

A. TECHNICAL REFORMS IN AGRICULTURE    

B. LAND REFORMS IN AGRICULTURE   

C. BOTH (A) AND (B)   

D. NEITHER (A) NOR (B)

Answer :- Option  C. BOTH (A) AND (B)

Question 16 :-  Consolidation of holdings refers to:

 A. CONVERSION OF SCATTERED INTO A INIFIED HOLDING

B. TAKE OVER OF SMALL HOLDINGS BY THE GOVERNMENT

C. PROVISION OF INPUTS FOR HIGHER OUTPUT

D. ALL OF THESE

Question 17.  Read the following statements Assertion (A) and Reason (R). Choose one of correct alternatives given below:’

Assertion (A) : India could not develop a sound industrial base under the colonial rule.
Reason (R) : The colonial government reduced India to the status of a mere exporter of important raw materials for the upcoming modern industries in Britain.

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.

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Answer :- Option A. Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)

Question 18    Match the items in column A to that of Column B and choose the correct option:

column A	Column B
1. Agricultural Sector’s share in workforce	(a) 10%
2.workforce in manufacturing sector	(b) 16%
3.population living in rural areas	(c) 75%
4. Literacy rate	(d) 72%

(A) 1— (a)         (B) 2 — (b)        (C) 3 — (c)       (D) 4 — (d)

 Answer: Option (B) is correct.

Question 19 . Death rate and birth rate at the time of independence was
A. High birth rate and Low death rate    B. Low birth rate and low death rate    C. Low birth rate and high death rate   D. High birth rate and high death rate
Answer: D

Question 20 . What was the percentage of population dependent directly or indirectly on agriculture
A. 85                 B. 60                   C. 75                     D. 65
Answer: A

Question 21. The theory of demographic transition has _______stages.
A. 2          B. 3          C. 4                    D. 5
Answer: C

Question 22 . Which of the following statement is true regarding the condition of Infrastructure
A. Balanced regional development in infrastructure in all areas   B. Barter system was still prevailing    C. Development in the area of transport and communication      D. No developments in the areas of roads and railways
Answer: C

Question 23 . Jute industries were located in
A. Maharashtra     B. Rajasthan     C. Gujarat         D. Bengal
Answer: D

Question24.Who made significant estimates about calculating national income in India during the British period?
A. V.K.R.V. Rao       B. Dadabhai Naoroji         C. Findlay Shirras        D. William Digby

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Answer: A

Question 25. In order to bring stability in Agriculture the Britishers introduced land settlement in 1773. Where was it first introduced?
A. fertile lands of Punjab province    B. Bombay province   C. all directly British ruled areas    D. Bengal        E) none of these.
Answer: D

Question 26. Which of the following(s) is/are cause(s) of slow growth of private enterprises in India’s industrialization (1850-1957)?
A. Unimaginative private enterprise, short-sighted Indian industrialists.   B. complete absense of financial institutions to help transfer of savings to industrial investment.    C. Banking was not highly developed & was more concerned with commerce rather than industry.   D. Lack of support from British government         E. all of these
Answer: E

Question 27. Tata Airlines established in the year?
A. 1932     B. 1931       C. 1930        D. 1953
Answer:  A

Question 28. Cotton textile mills were mainly located in (British Rule in India)
A. South       B. North       C. Western       D. Eastern
Answer: C

Question 29. Cotton textile mills were dominated by
A. None      B. Britishers      C. Foreigners      D. Indians
Answer: D

Question30._______ refers to relative distribution of a country’s workforce among various sectors of economic activity
A. Demographic structure  B. Income structure    C. Occupational structure     D. None of these
Answer: C

Question 31. Industrial sector creates infrastructure which helps in growth of
A. Primary    B. Tertiary     C. Secondary   D. All of these
Answer:  D