CBSE Class 12 Economics 2026
211 questions · 573 marks · every one with the board’s own marking-scheme answer.
Marks by chapter
Counted from the 211 questions listed below, as the 2026 papers print them. CBSE allocates marks per unit, not per chapter — this is what was observed, not an official CBSE weightage. Every year compared →
| Chapter | Marks | Share |
|---|---|---|
| National Income Accounting30 questions | 83 | 14.5% |
| Determination of Income and Employment25 questions | 77 | 13.4% |
| Comparative Development Experiences of India and its Neighbours24 questions | 64 | 11.2% |
| Money and Banking24 questions | 58 | 10.1% |
| Indian Economy 1950-199012 questions | 48 | 8.4% |
| Open Economy Macroeconomics19 questions | 40 | 7.0% |
| Indian Economy on the Eve of Independence12 questions | 33 | 5.8% |
| Human Capital Formation in India13 questions | 31 | 5.4% |
| Government Budget and the Economy7 questions | 30 | 5.2% |
| Employment: Growth, Informalisation and Other Issues14 questions | 30 | 5.2% |
| Rural Development14 questions | 29 | 5.1% |
| Liberalisation, Privatisation and Globalisation: An Appraisal9 questions | 29 | 5.1% |
| Environment and Sustainable Development8 questions | 21 | 3.7% |
211 questions from 2026
- Q1Read the following statements: Assertion and Reason (R). Choose the correct option from those given below: Assertion:…1 mk
- Q1Assuming for an imaginary economy, consumption at zero level of income and break-even level of income is ₹ 50 and ₹ 200…1 mk
- Q1“The Ministry of Statistics and Programme Implementation (MoSPI) is underway to revise the base year of Gross Domestic…1 mk
- Q1In a two sector economy, the flow of factor payments moves from to. (Choose the correct option to fill in the blanks)1 mk
- Q1Choose the correct consumption function from the options given below with reference to the illustrated given diagram.1 mk
- Q2Income generated from Aircrafts of Air India operating between Canada and England would be added to the domestic income…1 mk
- Q2With reference to the given diagram, OL indicates. (Choose the correct option to fill in the blank) (i) Autonomous…1 mk
- Q2Read the following statements carefully: Statement I: The measurement of value makes it easier to compare the relative…1 mk
- Q2Identify the variable(s) which may add to the future productive capacity of an economy: I. Raw material II. Fixed…1 mk
- Q2Read the following statements: Assertion and Reason (R). Choose the correct option from those given below: Assertion:…1 mk
- Q3Identify, that function of money, which has effectively solved the problem of ‘double coincidence of wants’ in a…1 mk
- Q3Money supply is a variable, as it refers to the total volume of money held by the at a particular point of time.…1 mk
- Q3On the basis of the given table, estimate the value added by the Baker. (Amount in ₹ crore) Farmer Baker Total…1 mk
- Q3Read the following statements carefully: Statement 1: Depreciation of currency is an economic action undertaken by the…1 mk
- Q3To arrive at the value of National Income (NNP_FC ), must be added to at factor cost. (Choose the correct option to…1 mk
- Q4Under the flexible exchange rate system, the exchange rate is determined by the. (i) Government (ii) Demand and supply…1 mk
- Q4In an economy, when is insufficient to achieve the level of output corresponding to the full employment, the difference…1 mk
- Q4Identify, the factor which influences the demand for foreign exchange in a country. (Choose the correct option)1 mk
- Q4Under exchange rate system, the competent authority may devalue currency to increase exports. (Choose the correct…1 mk
- Q4Read the following statements carefully: Statement 1: Under the flexible exchange rate system, a deficit / surplus in…1 mk
- Q5Following are the steps to measure National Income (NNP_FC ) by Value Added method: (i) Calculate Domestic Income…1 mk
- Q5Read the following Flow chart carefully and choose the correct option:1 mk
- Q5Select the correct formula to calculate the value of Marginal Propensity to Save (MPS): I. (Change in Savings (Δ…1 mk
- Q5Investment is defined as addition to the. (i) Stock of physical capital (ii) Changes in the inventory (iii) Consumption…1 mk
- Q5In an economy, exclusion of may lead to under estimation of the value of Gross Domestic Product (GDP). (Choose the…1 mk
- Q6Read the following statements carefully: Statement I: Trade in services includes both factor income and non-factor…1 mk
- Q6Suppose, a banking system received primary deposits of ₹ 1,000 and as a result commercial banks created credit worth ₹…1 mk
- Q6Identify, which of the following is true at the Break Even level of Income. (Choose the correct option)1 mk
- Q6An economy may operate at a level below full employment due to a deficiency in Aggregate Demand (AD) leading to a/an…1 mk
- Q6The Aggregate Demand (AD) curve lies parallel to consumption curve, indicating that both have. (Choose the correct…1 mk
- Q7Suppose in a hypothetical economy, Y = 50 + 0·8Y + 100, where Y = National Income. The value of Investment Multiplier…1 mk
- Q7Read the following statements carefully: Statement I: Positive externalities refer to the benefits a firm/an individual…1 mk
- Q7Read the following statements carefully: Statement 1: Final goods are those goods which normally lose their identity in…1 mk
- Q7Read the following statements carefully: Statement 1: Brokerage earned by a dealer of second hand cars is included in…1 mk
- Q7Study the given image carefully: The line LK represents curve. (Choose the correct option to fill in the blank)1 mk
- Q8Suppose, for a hypothetical economy, Reserve Ratio (RR) decreases from 25% to 20%, the total deposits would to ₹, if…1 mk
- Q8“Consumption of a good by a person does not reduce the amount available for consumption by others. Consumers consuming…1 mk
- Q8Sumit deposited ₹ 10 lakh in his savings account. The deposits made by him is a part of in the M_1 measure of money…1 mk
- Q8Read the following statements: Assertion and Reason (R). Choose the correct option from those given below: Assertion:…1 mk
- Q8Read the following statements: Assertion and Reason (R). Choose the correct option from those given below: Assertion:…1 mk
- Q9Read the following statements: Assertion and Reason (R). Choose the correct option from those given below: Assertion:…1 mk
- Q9Read the following statements – Assertion and Reason (R). Choose the correct option from those given below: Assertion:…1 mk
- Q9Read the following statements carefully: Statement I: At the break-even level of income, the value of slope of the…1 mk
- Q9Reserve Bank of India (RBI) performs the function of Banker to the Banks by acting as a: (i) Clearing House (ii)…1 mk
- Q9“In the Indian Banking System, the Statutory Liquidity Ratio (SLR) plays a vital role in controlling the credit…1 mk
- Q10Liabilities for any firm are its debt/what it owes to others. Contrary to that, for a bank are the main liability.…1 mk
- Q10Purchase of a property by an Indian resident abroad can be recorded on the side of account of Balance of Payments.…1 mk
- Q10Under the fixed exchange rate system, if the government decreases the value of domestic currency with respect to a…1 mk
- Q10Identify, which one of the following is not a function of Reserve Bank of India as a bank, agent and advisor to the…1 mk
- Q10‘In an economy, the currency held by the public, Net Demand Deposits with Commercial Banks and Net Time Deposits with…1 mk
- Q11Estimate the value of ‘Income from Property and Entrepreneurship’ on the basis of the given data: S. No. Items Amount…3 mk
- Q11Calculate the value of ‘Rent’ from the following data: S. No. Particulars Amount (in ₹ crore) (i) Interest 45 (ii)…3 mk
- Q11Meera and Shahid are two classmates, who were comparing India's economic growth over the years. Meera referred to the…3 mk
- Q11On the basis of the given data, estimate the value of Gross Domestic Product at Factor Cost ( GDP_FC ): S. No. Items…3 mk
- Q11Calculate compensation of employees from the data given below: S. No. Particulars Amount (in ₹ crore) (i) Interest 45…3 mk
- Q11State the meaning and any two components of Gross Domestic Capital formation. OR “It is not the nature of a good,…3 mk
- Q12Keeping other factors constant, explain how a spending of foreign tourists in the home country and fees payments of…3 mk
- Q12"Under the provisions stated in the Section 20 and Section 21 of the Reserve Bank of India (RBI) Act, 1934, the RBI is…3 mk
- Q12“When initial deposits in the credit creation process remains same, the total amount of credit created rises as the…3 mk
- Q12Two friends, Devanshi and Harshit, were discussing whether prize money from lottery winnings, should be included in…3 mk
- Q12On the basis of the given data, estimate the value of Net Domestic Product at Factor Cost ( NDP_FC ): S. No. Items…3 mk
- Q12“US administration has recently imposed tariff to the magnitude of 50%.” In the light of given statement, explain the…3 mk
- Q12“Repo Rate and Bank Rate are two different measures, but a change in either of them may have the similar implication on…3 mk
- Q12On the basis of the given data, estimate the value of Gross National Product at Market Price (GNP_MP ): S. No. Items…3 mk
- Q12“Many Multinational Corporations (MNCs) have recently shifted their production from China to India, which has boosted…3 mk
- Q12Define Money Supply. Explain any one component of money supply.3 mk
- Q13Ms. Reeta D'Costa, retired from the post of Income Tax Commissioner in the year 2023. Apart from her pension, she also…4 mk
- Q13For a hypothetical economy, assuming there are only two firms (X and Y) with equal values of Gross Value Added (GVA).…4 mk
- Q13Define Accommodating Items under Balance of Payments (BoP). “Economic transactions that are recorded in the current…4 mk
- Q13Distinguish between Revenue Expenditure and Capital Expenditure with the help of suitable examples. OR Using suitable…4 mk
- Q13Define Balance of Payments (BoP) Account. Differentiate between autonomous transactions and accommodating transactions…4 mk
- Q13Explain the adjustment mechanism, if in an economy, ex-ante Savings are more than ex-ante Investments. OR Explain the…4 mk
- Q13Explain the likely impact of implementation of ‘Exports Promotion Scheme’ of Government of India on the Balance of…4 mk
- Q13For a hypothetical economy, assuming there are only two firms (X and Y) with equal values of Gross Value Added (GVA).…4 mk
- Q13Read the following text carefully: “A country’s total National Income (NI) at the end of the year is ₹ 80,000 crore.…4 mk
- Q14Michel, an entrepreneur of Country Zeta, borrowed $ 5 million from an overseas bank to expand his textile business.…4 mk
- Q14Explain the adjustment mechanism, if in an economy, ex-ante Aggregate Demand (AD) is more than ex-ante Aggregate Supply…4 mk
- Q14Explain the likely impacts of the ‘Make in India’ policy initiated by Government of India on the Balance of Payments…4 mk
- Q14Estimate the value of incremental investment if, equilibrium level of income increases by ₹ 50,000 crore and half of…4 mk
- Q14A company named Tech Info Ltd. manufactures printers. The company purchases machinery from Germany to manufacture…4 mk
- Q15Read the following passage carefully: “The Reserve Bank of India (RBI) Governor announced a 50 basis points reduction…4 mk
- Q15Read the following text carefully: “The Reserve Bank of India (RBI) announced a 50 basis point Repo Rate cut to 5.50%…4 mk
- Q15“The Reserve Bank of India (RBI) has decided to increase the loan amount to 90% of the security value, from the prior…4 mk
- Q15Refer the given image carefully: Explain any two measures that can be taken by the Central Bank to control the…4 mk
- Q15“The Reserve Bank of India (RBI) has decided to increase the loan amount to 80% of the security value, from the prior…4 mk
- Q15Explain the adjustment mechanism, if in an economy, ex-ante Aggregate Demand (AD) is less than ex-ante Aggregate Supply…4 mk
- Q15“The Reserve Bank of India (RBI) has decided to increase the loan amount to 90% of the security value, from the prior…4 mk
- Q15Read the following text carefully: “With an objective to improve the growth momentum by stimulating domestic private…4 mk
- Q16Calculate the values of Operating Surplus and Gross Domestic Product at Market Price (GDP_MP ) from the following data:…6 mk
- Q16Assume, for a hypothetical economy, the following data is given: Income (Y) Consumption Investment (I) Aggregate Demand…6 mk
- Q16(I) Calculate the value of Ex-ante Aggregate Demand (AD), if autonomous investment and consumption expenditure ( Ā ) =…6 mk
- Q16(i) “The Credit Linked Subsidy Scheme (CLSS) is a key component of the Pradhan Mantri Awas Yojana (PMAY), aimed at…6 mk
- Q16(I) Estimate the value of subsistence level of consumption expenditure from the following data about an economy which…6 mk
- Q16“Income of an economy increased from ₹ 20,000 to ₹ 50,000 crore. Savings of the economy increased from ₹ 2,000 crore to…6 mk
- Q16“Under a study, examining the spending habits of a hypothetical economy, it was observed that even households with zero…6 mk
- Q17Assuming for a hypothetical economy, the following data is given: Income (Y) Consumption Investment (I) Aggregate…6 mk
- Q17Assuming for a hypothetical economy, the following data is given: Income (Y) Consumption Investment (I) Aggregate…6 mk
- Q17Read the following passage carefully: The domestic product measures the value of all goods and services arising out of…6 mk
- Q17Income of an economy increased from ₹ 40,000 to ₹ 1,00,000 crore. Savings of the economy increased from ₹ 4,000 crore…6 mk
- Q17Read the following passage carefully: According to the Economic Survey 2024 – 25, the government’s budget projections…6 mk
- Q17Refer the given text carefully: According to the Economic Survey 2024-25, the government budget’s projections for the…6 mk
- Q17Read the following text carefully: The government has allocated ₹ 15.27 lakh crore for major sectors, ranging from…6 mk
- Q17Read the following passage carefully: Any institution which accepts deposits from the public and advances loans is a…6 mk
- Q17(i) “If in a locality a new park is developed by the Municipal Corporation, it will have some external effects.” State…6 mk
- Q17Calculate National Income (NNP_FC ) and Gross Domestic Product at Factor Cost (GDP_FC ) from the following data: S. No.…6 mk
- Q18Read the following statements carefully: Statement I: Inland waterways proved to be uneconomical as in the case of…1 mk
- Q18Read the following statements carefully: Statement I: Worker Population Ratio is used for analyzing the overall…1 mk
- Q18“In the formative stages of reforms development of credit markets, administrative intervention in interest rates is…1 mk
- Q18Working persons engaged in various industrial divisions can be classified into three major sectors — Primary sector,…1 mk
- Q18Read the following statements carefully: Statement 1: During the British rule in India, the export surplus was utilised…1 mk
- Q19Arrange the following events of Pakistan in correct chronological order: I. Nationalisation of capital goods industries…1 mk
- Q19Read the following statements – Assertion and Reason (R). Choose the correct option from those given below: Assertion:…1 mk
- Q19Read the following statements carefully: Statement I: The colonial government had dual objectives behind the systematic…1 mk
- Q19Read the following statements: Assertion and Reason (R), Choose the correct option from those given below: Assertion:…1 mk
- Q19Identify the incorrect statement from the following.1 mk
- Q20The following table shows the distribution of population and workers in a village: Total population Number of people…1 mk
- Q20Read the following statements: Assertion and Reason (R). Choose the correct option from those given below: Assertion:…1 mk
- Q20The steep Indian education pyramid indicates. (Choose the correct option to fill in the blank)1 mk
- Q20Read the following statements: Assertion and Reason (R). Choose the correct option from those given below: Read them…1 mk
- Q20Read the following text carefully: “In the recent times, the Government of India, has introduced several measures to…1 mk
- Q21estimates India’s national and per capita income during the colonial era was considered very significant. (Choose the…1 mk
- Q21The Montreal Protocol was signed in the year 1987 committing nations to. (Choose the correct option to fill in the…1 mk
- Q21Which of the following is not an advantage of Green Revolution?1 mk
- Q21Identify, which of the following is not a strategy of sustainable development. (Choose the correct option)1 mk
- Q21Minimum Support Price is fixed by the Government to safeguard the interests of the. (Choose the correct option to fill…1 mk
- Q22The primary outcome of the efforts initiated by the Indian Government (Liberalisation and Privatisation) under the New…1 mk
- Q22From the types of unemployment/employment given in Column-I and corresponding features given in Column-II, choose the…1 mk
- Q22Read the following statements: Assertion and Reason (R), Choose the correct option from those given below: Assertion:…1 mk
- Q22In the rural areas, diversification towards new areas such as livestock, fisheries and other non-agricultural…1 mk
- Q22Based on the given image, choose the incorrect option:1 mk
- Q23Growth of rural economy depends primarily on infusion of to realise higher productivity in agricultural and…1 mk
- Q23Self-Help Groups (SHGs) have emerged to fill the gap in the formal credit system as they. (Choose the correct option to…1 mk
- Q23Read the following statements carefully: Statement I: Diversification in agriculture relates to change in cropping…1 mk
- Q23Identify, which of the following, highlights a highly relevant issue associated with evolving employment trends in…1 mk
- Q23Read the following text carefully: “Between 1966 – 67, Mao introduced this movement under which professionals and…1 mk
- Q24Identify that strategy given in the image that can be utilised for sustainable development.1 mk
- Q24was set up by the Government of India in 1950 to formulate plans for the most effective and balanced utilisation of…1 mk
- Q24Human Development is based on the idea that and are integral to human wellbeing. (Choose the correct option to fill in…1 mk
- Q24Match the terms given in Column-I with their respective meaning in Column-II. Select the correct option: Column-I…1 mk
- Q24Read the following statements carefully: Statement I: Livestock provides alternative livelihood options to small and…1 mk
- Q25The export surplus during the colonial rule was used by the Britishers to. (i) Bring gold and silver to India (ii)…1 mk
- Q25“Sustainable development refers to the development that meets the need of the present generation without compromising…1 mk
- Q25Nations worldwide typically establish Regional and Global economic groups in order to. (Choose the correct option to…1 mk
- Q25Read the following statements carefully: Statement 1: The option for producing off-season crops are quite restricted in…1 mk
- Q25Identify the correct option with reference to the following statement: “Farmers and industrial units were required to…1 mk
- Q26The steep Indian education pyramid indicates. (Choose the correct option to fill in the blank)1 mk
- Q26Read the following statements: Assertion and Reason (R). Choose the correct option from those given below: Assertion:…1 mk
- Q26China adopted strategy in which farmers and industries bought and sold certain quantities at government fixed prices,…1 mk
- Q26was the successor organisation to General Agreement on Trade and Tariff (GATT). (Choose the correct option to fill in…1 mk
- Q26Read the following statements: Assertion and Reason (R), Choose the correct option from those given below: Assertion:…1 mk
- Q27Arrange the following events in China’s economic development history in correct chronological sequence and select the…1 mk
- Q27Read the following statements carefully: Statement I: Population explosion, affluent consumption and production have…1 mk
- Q27In 2009, the Government of India came up with the to make free education, a fundamental right for all children in the…1 mk
- Q27Identify, which of the following is an income indicator. (Choose the correct option)1 mk
- Q27Education provides. (Choose the correct option to fill in the blank) (i) Scientific advancements (ii) Facilitate…1 mk
- Q28“Employment in the formal sector guarantees better income and social benefits compared to informal sector job.” Defend…3 mk
- Q28Describe how Pakistan has formulated and implemented its early developmental strategies to foster economic growth.3 mk
- Q28Define Liberty Indicator and mention its significance.3 mk
- Q28Explain the Great Leap Forward (GLF) campaign of China.3 mk
- Q28“In the late 1970s and 1980s, Pakistan experienced significant changes in its policies, incentives and new…3 mk
- Q28During the 'Mann ki Baat' program aired on 29th June, 2025, Prime Minister shared that World Health Organisation (WHO)…3 mk
- Q28“Green Revolution has made India self-reliant with respect to food grains production.” Justify the given statement with…3 mk
- Q28Describe the role which India has played as an important member of World Trade Organisation (WTO). OR Critically…3 mk
- Q28Explain the Planning objective of “Growth with Equity”.3 mk
- Q29Anaya and Rohan owned separate farms. Anaya focused on learning modern farming techniques, training workers in crop…3 mk
- Q29Distinguish between formal and informal sector of employment with the help of suitable examples. OR Discuss the long…3 mk
- Q29“In the late 1970’s China’s population growth rate has sharply declined as compared to India.” Elucidate the reasons…3 mk
- Q29“At the time of independence, both India and Pakistan inherited similar colonial economic structures. Both the nations…3 mk
- Q29“Some economists argue that once a technology proves to be profitable and becomes widely adopted, subsidies should be…3 mk
- Q29“In the post-independence era (1950 – 90s), industrial development in India accelerated the rate of economic…3 mk
- Q29“Liberty Indicators are considered important yardsticks for an economy, in the present times.” Elaborate the meaning…3 mk
- Q29Explain the Great Leap Forward campaign initiated by China.3 mk
- Q30Study the following image carefully: Interpret the given image and comment upon the phenomenon of environmental crisis…4 mk
- Q30“The Restrictive policies under the colonial government adversely affected the structure, composition and volume of…4 mk
- Q30State and explain any two changes which were observed in India’s occupational structure during the British Rule. OR…4 mk
- Q30“Infrastructural upliftment of India was one of the key features of the British rule in India.” State and discuss any…4 mk
- Q30On the basis of the given data, comment on trends of output growth in different sectors (1980 – 2018), between India…4 mk
- Q31“At the time of independence, both India and Pakistan inherited similar colonial economic structures. Both the nations…4 mk
- Q31(i) Define ‘Human Capital Formation’. (ii) Explain ‘Expenditure on Information’ as a source of human capital formation.…4 mk
- Q31“India, China and Pakistan have travelled more than seven decades of developmental paths with varied results.” Justify…4 mk
- Q31On the basis of the given data, comment upon the annual growth of Gross Domestic Product (GDP) of India and China.…4 mk
- Q31Refer the given image carefully: Compare and analyse the distribution of work force with respect to gender. State the…4 mk
- Q31Describe the role of government in improving the efficiency of human capital formation in India. OR “Traditional…4 mk
- Q31Elaborate, how the efforts of various governments in India have helped in generation of employment, directly or…4 mk
- Q32(i) Discuss the ‘One Child Policy’ adopted by China. (ii) State the meaning of ‘Commune System’.4 mk
- Q32On the basis of the given data, outline and compare the share of Employment and Gross Value Added (GVA) of the sector…4 mk
- Q32Rayansh works as a teacher in a school. He receives a fixed monthly salary, social security benefits, paid leave and…4 mk
- Q32(i) Define ‘Human Capital’. (ii) Explain expenditure on ‘On-the-job training’ as a source of human capital formation.…4 mk
- Q32State the meaning of ‘Disguised Unemployment’. In the light of the given chart, analyse the gender-wise sectoral…4 mk
- Q32State and explain any two features which were observed in the demographic profile of India during the British rule. OR…4 mk
- Q32(i) Explain any two social development indicators prevailing during the colonial period. (ii) Define Tariffs. OR “In…4 mk
- Q32Explain how Goods and Services Tax (GST) has simplified the multiplicity of taxes imposed on goods and services. State…4 mk
- Q32Study the given image carefully and answer the questions that follow. (i) Identify the artificial waterway during…4 mk
- Q32(i) Explain briefly the rationale behind the ‘License Raj’ under the Industrial Policy Resolution, 1956. (ii) Explain…4 mk
- Q32“The British sought to achieve their vested interest through their policies of infrastructural development in India.”…4 mk
- Q32(i) State the meaning of ‘Commune system’. (ii) Explain any two reasons for the slow economic growth in Pakistan.4 mk
- Q32(i) State the meaning of Special Economic Zone (SEZ). (ii) Discuss the ‘One Child Policy’ adopted by China.4 mk
- Q33Read the following text carefully and answer the questions given below: “In India, high-yielding seed varieties were…6 mk
- Q33(i) “The Industrial Policy Resolution (IPR), 1956 classified all the industries based on state ownership and control in…6 mk
- Q33(i) “Information Technology plays a very significant role in achieving sustainable development and food security.”…6 mk
- Q33(i) Mr. Ravi, an IT entrepreneur from Bengaluru, observed that several MNC’s prefer India as their outsourcing Hub for…6 mk
- Q33(i) “As per a few scholars, fertilizer subsidies should now be phased out, as they have served their purpose.” Do you…6 mk
- Q33Read the following text carefully and answer the questions given below: “This organisation replaced General Agreement…6 mk
- Q34Read the following text carefully: To ensure inclusive and quality education for all, the Indian government has…6 mk
- Q34Read the following passage carefully: In the present times, green investment and sustainability are priorities in…6 mk
- Q34Read the following text carefully: The Union Budget 2025-26 proposed a significant package for rural India allocating ₹…6 mk
- Q34(i) Discuss any two objectives which were aimed at, by the introduction of Financial sector reforms by the Government…6 mk
- Q34Read the following passage carefully: Paramparagat Krishi Vikas Yojana (PKVY) Paramparagat Krishi Vikas Yojana (PKVY)…6 mk
- Q34Read the following text carefully: According to the 2021 World Air Quality Report, India is home to 63 of the 100 most…6 mk
- Q34(i) “Although the subsidies play a crucial role in giving incentive to farmers to adopt modern agricultural…6 mk
- Q34(i) “During the post-independence era till 1990s, India’s inward-looking trade policy was supported by various trade…6 mk
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