Model Paper 2 — Economics STD 12 Commerce — Question

Which of the following is an institution to regulate health sector?

1. NCERT
2. ICMR
3. UGC
4. AICTE

India heavily depends on _______ and ______power plants.

During the British rule, Island waterway proved to be uneconomical because of:

1. Built at a high cost.
2. Competition from railways.
3. Easy access of airways.
4. Both (a) and (b).

Which of the following country has highest density of population per square km?

1. India
2. China
3. Pakistan
4. Both (a) and (b).

Formal sector establishment, employ:

1. 8 hired workers or more.
2. 10 hired workers or more.
3. 12 hired workers or more.
4. 14 hired workers or more.

How Information Technology (IT) plays a crucial role in rural development?

1. IT issues weather forecasting, information regarding agricultural inputs and crops treatment
2. IT provides latest information of advance agricultural equipments, technology, education and resources
3. IT has potential of employment generation in rural areas
4. All of the above

Assertion (A): The WTO agreements cover trade in services to facilitate international multilateral trades only through removal of tariff and non-tariff.
Reason (R): The WTO agreements cover trade in goods as well as services to facilitate bilateral and multilateral international trade.

People Republic of China was established in:

1. 1946
2. 1948
3. 1949
4. 1950

Number of persons employed:

1. Will be high if labour participation rate is high.
2. Will be high if population is more.
3. Will be high if there is less gender inequality.
4. All of the above.

Statement 1: Agriculture was commercialised during the British rule to cater to the needs of British industries for necessary raw materials.
Statement 2: The fall in production of food crops was responsible for frequent famines in India during the British days