In NCERT Class 12 Economics Chapter 9, titled "Agriculture, Industry, and Trade," students learn about the interconnected roles of agriculture, industry, and trade in the Indian economy. The chapter examines the contributions of these sectors to GDP, employment, and overall economic growth. It also discusses policy measures, challenges, and reforms aimed at enhancing productivity and trade.
This article provides an all-in-one resource for exam preparation. It includes sample MCQs and subjective questions for CBSE and CUET, along with downloadable PDFs of Class 12 Economics Chapter 9 MCQs and previous year questions for detailed practice of NCERT Class 12 Agriculture, Industry, and Trade.
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NCERT Class 12 Economics Chapters
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CUET Free Master Classes:
Class 12 Economics Chapter 9 MCQs
This question bank includes previous years' CUET and CBSE MCQs, along with questions curated by subject experts. Below are 5 sample multiple-choice questions (MCQs) for Class 12 Economics Chapter 9: Agriculture, Industry, and Trade. For the full set of 50 questions, download the PDF using the link provided below.
1. Fixing limit of lands to be owned by an individual is:
(a) Chak Bandi
(b) Consolidation of land
(c) Land ceiling
(d) Corporate farming
2. ____________ revolution was the harbinger of major changes in the credit system as it led to diversification of the portfolio of rural credit towards production-oriented lending.
(a) White
(b) Silver
(c) Blue
(d) Green
3. The use of High Yielding Variety (HYV) seeds brought in a revolution in Indian agriculture. HYV seeds highly benefitted _____ crops.
(a) Barley and sugarcane
(b) Rice and fruits
(c) Wheat and rice
(d) Corn and sugarcane
4. Among the following which one is the correct expansion for HYV?
(a) "High Yielding Variety" of Seeds.
(b) "Health Yojna Value" of Poor.
(c) "Higher Yorn Variety" of Wool.
(d) "Heavy Yojna Velocity" of Transport
5. Which of the following is not true about subsidies in agriculture in India?
(a) They encourage adoption of technology
(b) The make required inputs affordable to the farmers
(c) It reduces the cost of production for the producers
(d) It increases the cost of production for the producers
Class 12 Economics Chapter 9 Subjective Questions Without Solutions
This question bank includes previous years' CBSE subjective questions (2 marks and above) without solutions, along with expert-curated questions. Below are 5 sample subjective questions for Class 12 Economics Chapter 9: Agriculture, Industry, and Trade. To access all questions, download the PDF from the link provided below.
- Discuss any two liberalisation measures pertaining to the financial sector, introduced by the Government of India during the economic reform process of 1991.
(CBSE 2023, 4M)
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- Discuss briefly, how institutional reforms (land reforms) have played a significant role in transforming Indian agriculture.
(CBSE 2020, 4M)
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- The debate over farm subsidies in India is enraged at different platforms. Discuss any two arguments in favour of continuing farm subsidies.
(CBSE 2023, 4M)
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- (A) Explain briefly the rationale behind the "License Raj" under the Industrial Policy Resolution, 1956.
(B) Define Multilateral trade.
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- Import restrictions were imposed in India with the dual objective to save foreign exchange reserves and to be self-sufficient. Justify the given statement with valid arguments.
(CBSE 2020, 4M)
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Sub Areas of Chapter 9: Agriculture, Industry, and Trade
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Chapter Name
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Sub Topics
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Agriculture, Industry, and Trade
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9.1 Role of Agriculture in Economic Development
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9.2 Industrial Sector Growth
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9.3 Foreign Trade and Economic Policies
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9.4 Challenges and Reforms in Key Sectors
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9.5 Trade and Globalization
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Review of NCERT Class 12 Economics Chapter 9
In NCERT Class 12 Economics Chapter 9, "Agriculture, Industry, and Trade," students gain insights into the foundational pillars of India's economy. The chapter discusses the symbiotic relationship between these sectors and their collective impact on economic development. Key concepts such as sectoral contributions, trade policies, and reforms provide a comprehensive understanding of economic progress.
Mastering this chapter is essential for understanding India’s economic transformation and preparing for exams like CBSE, CUET, and other competitive exams.
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