CBSE Class 12 Economics – Indian Economic Development
Indian Economic Development talks about production, distribution and economic activities which relate to the people of the country and determines their standard of living. TopperLearning’s CBSE 12 Commerce Economics solutions help students to understand the key concepts of the economy in order to ace their exams. The study solutions are furnished with sample papers, past years' papers, video lessons etc. which help students to understand the subject better.
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Indian Economy on the Eve of Independence - Indian Economy 1950-1990
- Economic Reforms Since 1991
- Poverty
- Human Capital Formation in India
- Rural Development
- Employment: Growth, Informalisation and Other Issues
- Infrastructure
- Environment and Susutainable Development
- Comparative Development Experiences of India and its Neighbours
CBSE Class 12-commerce Textbook Solutions, Videos, Sample Papers & More
Chapter 1 – Indian Economy on the Eve of Independence
This chapter gives an overview of the state of the Indian economy in 1947 at the time of Independence. It also highlights the key factors which led to India's backward state and stagnation.
Chapter 2 – Indian Economy 1950–1990
This chapter covers the goals of the five-year plans set by the Planning Commission. It also covers an overview of the different policies adopted by the government during the planning period aiming at the development of agriculture, industry and trade.
Chapter 3 – Economic Reforms since 1991
The balance of payments crisis in 1991 led to the introduction of economic reforms by India, and India announced the New Economic Policy. We also understand the major reforms taken under the policies of liberalisation, privatisation and globalisation and their impact on the Indian economy.
Demonetisation and GST, the two recent decisions taken by the government, are also part of the economic reforms since 1991. You will learn more about them in this chapter.
Chapter 4 – Poverty
This chapter describes the problem of poverty in India, how it is estimated and the government’s efforts to tackle or alleviate the problem of poverty through its poverty alleviation programmes. Critical evaluation of existing poverty alleviation programmes is also covered in this chapter.
Chapter 5 – Human Capital Formation
This chapter familiarises you with the concept of human capital, its sources and how its formation contributes to economic growth. You are also given a bird’s eye view of the state of human capital formation in India and the importance of government expenditure on health and the education sector in India.
Chapter 6 – Rural Development
This chapter deals with the major issues faced in the rural areas and the importance of rural development in India. It also discusses the critical role of agricultural credit and marketing in rural development, the need and importance for diversification to allied activities and the importance of organic farming in sustainable development.
Chapter 7 – Employment: Growth, Informalisation and Other Issues
You will get familiar with the basic terms related to employment, the nature of participation of men and women in economic activities in various sectors in India, informalisation of the workforce in India, the problem and extent of unemployment in India and the role of the government in employment generation.
Chapter 8 – Infrastructure
You will understand the concept of infrastructure and the types of infrastructure along with its importance in economic development. Gain in-depth understanding of the state of energy and health infrastructure in India along with their challenges.
Chapter 9 – Environment and Sustainable Development
You will understand the concept of environment, the cause and effect of environmental degradation, the global environmental issues of global warming and ozone depletion. You will also learn about the concept and need for sustainable development and its strategies.
Chapter 10 – Comparative Development Experiences of India and its Neighbours
In this chapter, we compare India's development experiences, strategies for development, key indicators and achievements with two of its important and strategic neighbouring countries China and Pakistan.
CBSE Class 12-commerce MIQs, Subjective Questions & More
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Why should I study from TopperLearning?
TopperLearning’s CBSE Class 12 study materials include video lessons, subject notes, sample papers, previous years’ question papers and more. To study the concepts in the chapters, you need to create a plan by first going through the latest syllabus and then get into action.
Prepare your study timetable for each subject. Allot time for reading our study materials such as chapter notes. These notes will quickly take you through the key points of each chapter in the syllabus. The next step is to revise the chapters as much as possible. Also, avoid relying on mindless mugging, as understanding is imperative here.
To score more marks, practise the model answers for all the numerical questions/application-based questions etc. in our study materials. Finally, test your knowledge by using our online self-assessment resources.
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Our Most Important Questions or MIQs are a dedicated section which lists only the important questions and topics for the exam.
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TopperLearning’s intense practice and revision-based study materials ensure that if students follow every instruction, they will clear their exams with flying colours.
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You can read the chapter summaries or the revision notes for a quick brush up before your exams.
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If you struggle to understand a concept, you can refer to our video lessons. And if you still have some doubts, you can use the Ask the Expert forum.
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TopperLearning has 950+ video lessons, 200+ revision notes, 8500+ questions and 15+ sample papers (including CBSE Class 12 sample papers 2019) for CBSE students. The study materials at TopperLearning are designed to give you clarity of the concepts that you study in class.
CBSE Class 12-commerce Indian Economic Development Frequently Asked Questions
All chapters of class 12-commerce Indian Economic Development CBSE, in the prescribed syllabus by the CBSE and based on the NCERT curriculum have their importance and weightage. TopperLearning have taken into consideration all minute details from the curriculum to ensure that the syllabus of class 12-commerce Indian Economic Development CBSE is aligned properly. Each chapter of class 12-commerce Indian Economic Development CBSE has various concepts that are aligned to the NCERT Learning outcomes and plays a specific role in improving outcomes. CBSE class 12-commerce Indian Economic Development chapter list will give you an idea of the entire course curriculum coverage.
To start with Class 12-commerce Indian Economic Development CBSE, one should clearly understand the syllabus and course structure first. Teachers will help giving an introduction and of the syllabus and ways it will help them to improve their learning levels. Once a learner slowly understands the concepts, it is recommended to initiate practice a habit. ToppeLearning can aid students to practice with tests and do a quick revision of the concepts learnt in the class with important resources like Video lessons, notes and sample papers. Practicing and revising all these resources from initial will help them understand the concepts with clarity. Nowadays, the questions are asked keeping in mind the problem solving and applications of concepts into consideration. Always try to clear the concepts of Class 12-commerce Indian Economic Development CBSE that you do not understand. Avoid skipping topics or concepts. Revise crucial topics watching concept and problem solving videos at TopperLearning after your school or online classes or as required.
To score good marks in Indian Economic Development Class 12-commerce CBSE, one needs to understand the concepts really well. If a learner is well aware of the core concepts then it becomes very easy to attempt problems asked on those concepts. This also motivates learners to gain knowledge and excel in studies. Once a learner has understood the concepts in Indian Economic Development Class 12-commerce CBSE then practice should become a daily ritual as it is the key to let know about strengths and weaknesses. For subjects like Maths, practice is the key. For Science, knowing how to apply a learnt concept into daily life and problem solving is crucial. Once a learner is able to know what is happening around, can relate to the theories learnt in the books. Writing answers is also a good habit as it strengthens your communication skills and keeps a check on areas to improve which will enable scoring good marks in exams. Keep revising crucial topics watching concept and problem solving videos at TopperLearning after your school or online classes or as required.
Some students consider Class 12-commerce Indian Economic Development chapters as interesting than Maths chapters. Actually, the interests vary from student to student as some like History chapters than Class 12-commerce Indian Economic Development. It is very evident that most students who like Maths, chapters related to Algebra, Percentages, Profit and Loss, Trigonometry, etc. interested the most. Students who have planned for various scholarships, Olympiads or competitive exams mostly find chapters related to metals and non-metals, acids and bases, light, energy, work, power, etc. In Social Indian Economic Development, students mostly find interests in stone and Iron Age history, about the medieval age, world history and India’s struggle for independence, etc. At TopperLearning you will get access to the bank of resources in the form of videos, notes, a huge question bank, Class 12-commerce Indian Economic Development NCERT solutions etc., which will help you gain knowledge on the chapters that interest you the most. Just make sure to go through the TopperLearning Plans for your board-grade combination.
Our Most Important Questions or MIQs are a dedicated section which lists only the important questions and topics for the exam.
TopperLearning’s intense practice and revision-based study materials ensure that if students follow every instruction, they will clear their exams with flying colours.
You can read the chapter summaries or the revision notes for a quick brush up before your exams.
If you struggle to understand a concept, you can refer to our video lessons. And if you still have some doubts, you can use the Ask the Expert forum.
TopperLearning has 950+ video lessons, 200+ revision notes, 8500+ questions and 15+ sample papers (including CBSE Class 12 sample papers 2019) for CBSE students. The study materials at TopperLearning are designed to give you clarity of the concepts that you study in class
