CBSE Class 12 Economics Question Paper 2020

CBSE Class 12 Economics Question Paper 2020

Extramarks is a top e-learning platform that offers a variety of resources and study materials to aid students in understanding concepts and preparing for exams. Extramarks are preferred by many students over other online learning environments, and these students perform well on assignments and exams. For Class 6 to 12, Extramarks offers the most latest CBSE Syllabus and NCERT Books solutions. The top instructors at Extramarks are always accessible to answer questions from students and conduct doubt sessions.

For students in Classes from 1 to 12, the National Council of Education Research and Training (NCERT) is in charge of choosing the right textbooks and other educational resources. Teachers rely on the NCERT Economics Class 12 books because they help students gain a thorough understanding of Economics.

By referring to the NCERT books intended for Economics class 12 level, students can make sure they have a strong foundation for understanding general economic concepts. By studying the NCERT Economics Class 12 Microeconomics, students can get ready for the CBSE Board exams as well as other competitive exams. A wide range of subject areas are covered in the syllabus, and there are an equal number of theoretical and practical problems.

Economics focuses on how societies, households, governments, businesses, and individuals make decisions about when, where, and how to use their natural resources most effectively. It is a study that uses a variety of abstract and conceptual models to analyse the action and predict how institutions will react to adjustments in market conditions and fiscal policies, among other things. Economics is important because it helps people understand how a variety of factors interact to control how resources like wealth and labour are used, as well as how inflation, demand, supply, the rate of interest, and other factors affect how much consumers must pay for goods and services. Students can learn various concepts by solving the CBSE Class 12 Economics Question Paper 2020.

Students can incorporate the study of the CBSE Class 12 Economics Question Paper 2020  into their study plan to comprehend the sequence, practise a lot, and pinpoint their areas of weakness. Students can comprehend the pattern established by the CBSE board as well as the consistency of each chapter’s relative importance with the help of the CBSE Class 12 Economics Question Paper 2020. On the website of Extramarks, they can refer to the CBSE Class 12 Economics Question Paper 2020. The  CBSE Class 12 Economics Question Paper 2020 With Solutions is available for download from the Extramarks website. Students can use it for evaluating their solutions.

Students work hard to achieve high marks to build a successful career because the results of their Class 12 examinations can have a big impact on their careers. The students establish an appropriate schedule by referring to the CBSE Class 12 Economics Question Paper 2020. Students can plan their strategy for getting high marks on the Economics exam with the help of the CBSE Class 12 Economics Question Paper 2020.

The CBSE Class 12 Economics Question Paper 2020  material is an essential aspect of learning and preparing for any exam or academic pursuit. The CBSE Class 12 Economics Question Paper 2020 can help students identify their knowledge gaps. This can help students to concentrate on improving their skills in those areas. The CBSE Class 12 Economics Question Paper 2020 can help students build their confidence and reduce exam anxiety. This CBSE Class 12 Economics Question Paper 2020  can help them to get familiar with the format of the exam, and increase their speed and accuracy in solving questions.

The CBSE Class 12 Economics Question Paper 2020  improves students’ time-management skills. They can get an idea of how much time students need to allocate for each section and question, and practice solving questions within the time limit. The CBSE Class 12 Economics Question Paper 2020 is an effective way to prepare for an exam and can help them build confidence, improve their skills, and increase their chances of success. The CBSE Class 12 Economics Question Paper 2020  can help to improve their overall performance and increase their chances of scoring well in the exam. Students could learn more about explanation writing techniques by studying the CBSE Class 12 Economics Question Paper 2020. Students can use the CBSE Class 12 Economics Question Paper 2020 to identify their weak areas as they prepare for the Economics Board Examinations. To be more precise, the CBSE Class 12 Economics Question Paper 2020 is a comprehensive study guide that offers advice on which chapters to read and how to prepare for the exam.

Class 12 Economics CBSE Question Paper 2020 – Free PDF Download

Students can directly obtain the CBSE Class 12 Economics Question Paper 2020 by clicking on the provided link at Extramarks. Students can also find additional learning resources on the Extramarks website, such as CBSE Sample Papers, CBSE Extra Questions, CBSE Sample Papers, CBSE Revision Notes, Formulas, and CBSE Important Questions. They can enhance their performance by downloading what they necessitate. In addition to the exercises from the NCERT Books, the in-text solved examples, and the reference materials, this question paper is a remarkable study support. The CBSE Class 12 Economics Question Paper 2020 may be very helpful to students preparing for various exams. Students can use the  CBSE Class 12 Economics Question Paper 2020  PDF to aid in their last-minute study. To help them retain information for a longer time, students can regularly practise the  CBSE Class 12 Economics Question Paper 2020.

Indian Economy at the Time of Independence:

At the time of India’s independence in 1947, the Indian economy was predominantly agricultural, which provided a strong foundation for future growth. The agriculture sector was characterised by a diversity of crops and a strong tradition of farming practices, which helped India become self-sufficient in food production in the decades following independence. Additionally, India’s large population and rich natural resources provided a significant market for the growth of domestic industries. While India’s industrial sector was underdeveloped at the time, the country had a strong entrepreneurial spirit, and the newly independent government recognised the importance of industrialisation for economic growth.

Finally, despite the challenges of inadequate infrastructure, India’s vast network of roads, railways, and ports provided the necessary foundation for further development in the coming decades. Overall, while the Indian economy faced many challenges at the time of independence, several positive aspects provided a strong foundation for future growth and development. To understand the Indian Economy at the Time of Independence students can take reference from the CBSE Class 12 Economics Question Paper 2020.

Growth:

Students will be able to determine which chapters they must pay closer attention to using the CBSE Class 12 Economics Question Paper 2020 solutions. This can serve as a tool for evaluation that students can use to gauge their level of preparation. They can determine where they need to improve their answering techniques by comparing their responses to the CBSE Class 12 Economics Question Paper 2020 solutions.

Discriminatory Tariff Policy.

In India, the first regular census began in 1881. The first stage of the demographic transition theory is applied to the demographic situation in India between 1981 and 1991. The year of the Great Population Divide is referred to as 1921. Following that, the demographic sampling phase begins.

The Pressure on India of the Expenditure of Wars being fought by Britain:

To understand the pressure on India of the expenditure of wars being fought by Britain, students can refer to the Extramarks study resources. Extramarks materials give brief explanations of the topics. Students can use the CBSE Revision Notes to revise their topics.

Unfavourable Demographic Conditions of the Time:

One of the most important subjects is Commerce in Economics, which has a broad CBSE Syllabus and covers a variety of topics. Extramarks come up with comprehensive study materials that aid students in getting ready for their exams. These notes are put together by professionals. To make sure that every aspect of the syllabus is covered, they are also created after analysing the CBSE Previous Year Question Papers from the previous ten years and the most recent subject material. The solutions of the CBSE Class 12 Economics Question Paper 2020 deal with all the major concepts of Economics.

Underdeveloped Infrastructure:

Lack of reliable transportation, power generation, medical, educational, and communication infrastructure. Even so, British administrators made efforts to develop infrastructures like roads, railway ports, water transportation, and post and telegraph departments. However, they served the imperialist government’s interests rather than the general public’s need for amenities.

Over Dependence on Primary (Agriculture) Sector:

All aspects of micro and Macroeconomics are covered in the CBSE Class 12 Economics Question Paper 2020. The students will get help studying for their exams along with the study materials. Experts at Extramarks offer CBSE Extra Questions that aid students in preparing for upcoming tests.

Backward Agriculture:

With the help of Extramarks, which has grown into a centralised online tool, students can now access the  CBSE Class 12 Economics Question Paper 2020 PDF, participate in live classes, ask questions, and more. Additionally, students are given CBSE Revision Notes and thoughtfully crafted solutions, which they can use to their advantage. Students can start learning by exploring the Extramarks website or downloading the app.

FAQs (Frequently Asked Questions)

Even though the Economics CBSE syllabus is extensive, having the right study materials can help the students while getting ready for their board exam. The CBSE Revision Notes of Economics are also organised to reduce the students’ workload.

Preparing for the CBSE Class 12 Economics exam required the students to dedicate time and energy to compiling notes to revise during the exam. The CBSE Class 12 Economics Question Paper 2020 can help students understand the exam pattern, the type of questions asked, the weightage of each section, and the level of difficulty of the exam. The CBSE Class 12 Economics Question Paper 2020 can help learners prepare a better study plan and focus on the areas that need more attention. In addition, students can refer to the notes to study and use the revision material right before the exam. The official Extramarks website and mobile application both have access to the CBSE Class 12 Economics Question Paper 2020. Students can download it whenever they want.

The solutions of the  CBSE Class 12 Economics Question Paper 2020 by Extramarks are written in simple language and are organised to provide students with comprehensive study material. Experts have organised the  CBSE Class 12 Economics Question Paper 2020 With Solutions these also include all the important Formulas. CBSE Sample Papers, CBSE Extra Questions, CBSE Sample Papers, CBSE Revision Notes, Formulas, and CBSE Important Questions are all available on Extramarks.

The major difference between Microeconomics and Macroeconomics is as follows

Microeconomics is the study of choices made by individuals and organisations regarding resource allocation and the costs of goods and services. Tax regulations are set by the government. Microeconomics focuses on the supply that determines the price level of the economy.

Macroeconomics is an economic branch that depicts a broad picture. It examines the economy in great detail and takes into account a number of economic issues. Macroeconomics includes measuring and understanding both the problems that an economy faces and the progress it makes.

Economics is an essential part of  daily lives, and its principles can help to make informed decisions about how one allocates  resources. By understanding concepts like supply and demand, inflation, interest rates, and risk and return, individuals can make better decisions about their personal finances, such as budgeting, saving, and investing. Economics also helps individuals make decisions about their career paths by understanding the principles of supply and demand in the labour market. Moreover, Economics helps individuals understand public policy decisions that affect their daily lives, such as tax policies, government spending, and regulations. By understanding the economic principles behind these policies, individuals can make informed decisions about how to engage in the democratic process and advocate for policies that align with their values and interests.

Economics is the study of how people, organisations, and governments distribute limited resources to meet their endless wants and needs. It looks at how goods and services are produced, distributed, and consumed, as well as how buyers and sellers act in markets. To analyse factors like supply and demand, inflation, unemployment, economic growth, and international trade, economists employ a variety of theories and methodologies. Macroeconomics examines the larger economic factors that have an impact on the economy as a whole, while Microeconomics focuses on individual decision-making. Understanding and addressing economic issues like poverty, inequality, and unemployment are central to the study of Economics.