CBSE Class 12 Economics Government Budget And The Economy VBQs

CBSE Class 12 Economics Government Budget And The Economy VBQs read and download in pdf. Value Based Questions come in exams for Economics in Standard 12 and are easy to learn and helpful in scoring good marks. You can refer to more chapter wise VBQs for Class 12 Economics and also get latest topic wise very useful study material as per latest 2021 NCERT book for Class 12 Economics and all other subjects for free on Studiestoday designed as per latest Grade 12 CBSE, NCERT and KVS syllabus and examination pattern

1. Between direct and indirect tax, which should be used more for equitable distribution of income and why?

Ans :- Direct tax as it is progressive in nature

2. What is a Zero PRIMARY deficit budget?

Ans:- It means that the Government has to borrow only for making interest payments of the previous years, and that there are no fresh borrowings.

3. What will be the effect of reduction of subsidies on fiscal deficit?

Ans :- It will reduce the Revenue expenditure and hence fiscal deficit will also be reduced

4. There has been a consistent rise in the price of fruits and vegetables in India. Which measure of the budget will help to reduce the price

Ans:- Public Distribution system, measures against hoarding

5. Public goods are provided by the government, is it necessary?

Ans:- Public goods are those goods and services for which consumption by some individuals, do not reduce the amount available to others. Example parks, roads. People receive benefits from public good

Tags: 

 


Click for more Economics Study Material

Latest NCERT & CBSE News

Read the latest news and announcements from NCERT and CBSE below. Important updates relating to your studies which will help you to keep yourself updated with latest happenings in school level education. Keep yourself updated with all latest news and also read articles from teachers which will help you to improve your studies, increase motivation level and promote faster learning

CBSE OMR Sheet Guidelines for Term 1

You are aware that the CBSE will be using OMR for the first time for assessment of both the Classes-X and XII in Term-I examinations. Hence, there is a need that all the students appearing in the Term-l examinations and the schools sponsoring these students should have...

CBSE Reading Challenge

The acquisition of 21st century competencies of communication, critical and creative thinking and the ability to locate, understand and reflect on various kinds of information has become more crucial for our learners. It is well accepted that Reading Literacy is not...

CBSE Class 10 Revised Syllabus

Last year CBSE had to reduce the syllabus because of the pandemic situation but it was not very effective because there were no examinations. This year to avoid any confusion and conflict, CBSE has decided to reduce the syllabus into term 1 and term 2. 50 percent of...

×
Studies Today