THE RADIANT INTERNATIONAL SCHOOL

UGAT CANAL, JAHANGIRABAD, SURAT. PH – 7048461000 / 7048462000

PERIODIC TEST-3: JANUARY – 2021

Class: XII COM Max. Marks 50
Roll No:
SUBJECT: ECONOMICS No. of Pages 2
Time: 2:00 Hrs Date: 08/01/21
Name: Teacher’s Sign.
Important Instructions:
 All Questions are Compulsory
 Q. No. 1 & 7 carrying 2 marks each.
 Q. No. 2 & 8 carrying 3 marks each.
 Q. No. 3,4 & 9,10 carrying 4 marks each.
 Q. No. 5,6 & 11,12 carrying 6 marks each.

SECTION-A (MACRO ECONOMICS)

1. What is meant by depreciation of domestic currency?

2. Categorize the following as induced investment and autonomous investment

with reasons.
i. Government has set up public health centres in rural areas.
ii. Government has decided to invest Rs. 1,000 crore to save Sunder ban Forests.
iii. Airtel has invested Rs. 1,000 crore to improve its services.

3. “Foreign Institutional Investors (FIIs) remained net buyer in the Indian capital
markets over the last few weeks”. - The Economic Times.
State and discuss the likely effects of the given statement on foreign exchange
rate with reference to the Indian Economy.

4. What is parity value?

5. Distinguish between The Balance of Trade and Balance of Payments.

6. When is an economy in equilibrium? Explain with the help of saving and

investment function. Also, explain the changes that take place in an economy
when the economy is not in equilibrium. Use the diagram.

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 SECTION-B (INDIAN ECONOMIC DEVELOPMENT)
7. ‘Power sector in India has major issues with its installed capacity’. Discuss the
given statement.

8. “Recently Indians have drifted away from the traditional knowledge and
practices and caused large scale damage to environment”. Explain how, adopting
the traditional practices can be helpful in achieving the objective of sustainable
development?

9. How is unemployment different from underemployment? How is

unemployment measured in India?

10. How do government organizations facilitate the functioning of schools and

hospitals in India?

11. “Rural Economic development is essential for Indian Economic development”.

Do you agree with the given statement? Support your answer with valid reasons.

12. Highlight important features of the infrastructure sector.