CBSE Class 12 Economics sample paper 2023-24: question 33(C,D)
From the official CBSE sample question paper for 2023-24, section B, question 33(C,D), for 6 marks. Try it first; the hints and our step-by-step solution are below.
Q33(C,D) · 6 marks · Long answerIndian Economy 1950-1990
Answer the following.
- (C)3 marks
“In India, after 1947 land reforms were introduced on a large scale.”
In the light of the given statement, discuss any one such land reform. - (D)3 marks
“In the post-reform period, the Government of India decided to retain profit-making Public Sector Undertakings (PSUs). It provided a special status to PSUs to enable them to expand in the global market.”
Do you agree with the given statement? Give valid reasons in support of your answer.
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
Which reform limits how much land one person can own?
Hint 2
What special status did profit-making PSUs get?
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 mark
(C) After independence, land reforms such as abolition of intermediaries and land ceilings were introduced.
- 1 mark
(C) Land ceiling means fixing the maximum size of land an individual can own.
- 1 mark
(C) It aimed to promote equity in agriculture by reducing the concentration of land ownership in a few hands (surplus land was to be given to the landless).
- 1½ marks
(D) Yes. To improve efficiency, bring in professionalism and help them compete globally, the government identified profit-making PSUs and declared them Maharatnas, Navratnas and Miniratnas.
- 1½ marks
(D) They were given greater managerial and operational autonomy in decisions; many have done very well and become market leaders.
Answer: (C) Land ceiling: a maximum limit on landholding to reduce concentration of ownership. (D) Agree: profit-making PSUs became Maharatnas/Navratnas/Miniratnas with more autonomy.
Where the marks are
- One land reform discussed (3)
- Agreement with reasons (3)
Revise the chapter
- Chapter: Indian Economy 1950-1990 (notes, formulas, where marks are lost and every past question)
- Topic: Land Reforms in India
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