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EconomicsCBSE Class 12 · Sample paper, session 2024-25 · 3 marks · Short answer

CBSE Class 12 Economics sample paper 2024-25: question 29

From the official CBSE sample question paper for 2024-25, section B, question 29, for 3 marks. Try it first; the hints and our step-by-step solution are below.

Q29 · 3 marks · Short answerComparative Development Experiences of India and its Neighbours

‘To measure the extent of development in an economy, liberty indicators should be considered along with other socio-economic parameters.’
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 2024-25.

Hints

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

Hint 1

Is HDI enough to judge development?

Hint 2

What do liberty indicators measure?

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. Yes. Development is more than income, health and education; a complete measure must also consider liberty indicators along with socio-economic parameters.

    1 mark
  2. Liberty indicators measure democratic participation in social and political decision-making: civil liberties, political rights and economic freedom (for example, the extent of constitutional protection of rights, independence of the judiciary and rule of law).

    1 mark
  3. Including them gives policymakers a more holistic picture of an economy's development status.

    1 mark

Answer: Agree: liberty indicators (civil liberties, political rights, economic freedom) give a fuller picture of development than socio-economic data alone.

Where the marks are

  • Agreement with reasons (marked as a whole, 3)

Revise the chapter

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.