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Answer the… (Class 12 Economics SQP 2023-24, Q33A,B)

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EconomicsCBSE Class 12 · Sample paper, session 2023-24 · 6 marks · Long answer

CBSE Class 12 Economics sample paper 2023-24: question 33(A,B)

From the official CBSE sample question paper for 2023-24, section B, question 33(A,B), for 6 marks. Try it first; the hints and our step-by-step solution are below.

Q33(A,B) · 6 marks · Long answerIndian Economy 1950-1990

Answer the following.

  1. (A)

    Green revolution transformed India from a subsistent food grain economy to a food surplus economy.” Justify the statement, giving reasons in support of your answer.

    3 marks
  2. (B)

    “In order to protect domestic industries, India followed the regime of restrictions on imports.”
    Briefly outline and discuss such steps taken by the government to promote import substitution policy.

    3 marks

Source: official sample paper from cbseacademic.nic.in (PDF). See it in the full Sample paper 2023-24.

Hints

Open one hint at a time and try again before the next.

Hint 1

What is marketed surplus?

Hint 2

Name the two tools that protect domestic industry.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. (A) Before the Green Revolution, farmers consumed most of their produce themselves; little was sold in the market.

    1 mark

  2. (A) The Green Revolution (HYV seeds, fertilisers, irrigation) raised agricultural output, especially of wheat and rice.

    1 mark

  3. (A) Farmers then sold a large part of their output in the market (marketed surplus), which turned India from a food-scarce into a food-surplus economy.

    1 mark

  4. (B) Under import substitution, imports were replaced by domestic production and domestic industries were protected from foreign competition.

    1 mark

  5. (B) Tariffs: taxes on imported goods made them dearer and discouraged their use.

    1 mark

  6. (B) Quotas: limits on the quantity of goods that could be imported.

    1 mark

Answer: (A) Higher output and marketed surplus made India food-surplus. (B) Import substitution through tariffs and quotas.

Where the marks are

  • Green Revolution justified (3)
  • Import substitution with tariffs and quotas (3)

Revise the chapter

Practise this chapterBoard-style questions from Indian Economy 1950-1990, one at a time, marked against the answer key and marking points.Back to the full paperSample paper 2023-24: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.