SUMMER VACATION HOLIDAY HOMEWORK

ECONOMICS CLASS XII (2023-24)

1.Prepare the notes ( should cover the following points) and solve the textbook questions of the
chapters

i. Liberalisation privatisation globalisation

ii. Sustainable development(home work)

*Why were economic reforms introduced?

*Explain the features of liberalization under the following heads

a. Deregulation of industrial sector

b. financial sector reforms
c. tax reforms
d. foreign exchange reforms
e. investment policy reforms.

*What is privatisation and disinvestment what is the purpose of dis investment?

*What are the different steps taken by the government to improve the efficiency of PSUs?

*“The progress of globalization through liberalization and privatisation policies has produced positive as
well as negative results for India and other .” Defend or refute the above statement.

*”As a form of economic activity outsourcing has intensified in recent times. Most MNCs, and even small
companies company outsourcing their services to India defend refute the above statement.

* Critically appraise the performance of the Indian economy during economic reforms.

* “The demonetisation of currency under taken by the government of India as on November 8 2016 had
an adverse impact on economic activities.”

Do you agree with the statement give reason in support of your answer.

* Write down the aims and features of goods and service taxes.

* Explain the function and role of environment

* What happens when the rate of resource extractions exceed that of their generation

* Write a short note on state of India’s environment

* Write down the steps and straight strategies to attend sustainable development.

2. Prepare MCQs and main points from each chapter (money and banking ,Indian economy on the eve of
independence , Indian economy 1950-90), liberalization privatization and globalisation)(extra sheets)

3.Solve the 3 questions papersin extra sheets(provided in pdf)

4.Start preparing project work .Go through the guidelines and topics.(separate file you have to prepare)