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“At the time of… (Class 12 Economics 2026, Q31)

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EconomicsCBSE Class 12 · Board exam 2026, set 58/1/1 · 4 marks · Short answer

CBSE Class 12 Economics 2026: question 31

Set in the CBSE Class 12 board exam of 2026, paper 58/1/1, section B, question 31, for 4 marks. Try it first; the hints and our step-by-step solution are below.

Q31 · 4 marks · Short answerComparative Development Experiences of India and its Neighbours

“At the time of independence, both India and Pakistan inherited similar colonial economic structures. Both the nations adopted many similar economic planning strategies.”
Explain any two such similarities in the developmental path of India and Pakistan.

Source: official question paper from cbse.gov.in (PDF). See it in the full 2026 board paper, set 58/1/1.

Hints

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

Hint 1

What kind of economic system did both countries choose?

Hint 2

How did both protect their new industries?

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. Mixed economy: both India and Pakistan followed a mixed economic system in which the public sector and the private sector worked together, with the state playing a large role in planning and heavy industry.

    2 marks

  2. Import substitution: both adopted import-substitution industrialisation, using tariffs and quotas to protect domestic industries from foreign competition. (Also: both started development planning through five-year plans and both introduced economic reforms around 1988–1991.)

    2 marks

Answer: Both adopted a mixed economy and an import-substitution strategy (also five-year plans and later reforms).

Where the marks are

  • Similarity 1 explained (2)
  • Similarity 2 explained (2)

Revise the chapter

Practise this chapterBoard-style questions from Comparative Development Experiences of India and its Neighbours, one at a time, marked against the answer key and marking points.Back to the full paper2026 board paper, set 58/1/1: 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.