Class 12 Economics ISC Question Paper 2017 - Free PDF Download
FAQs on ISC Class 12 Economics Question Paper 2017
1. How Should You Prepare for ISC Economics with the help of ISC Class 12 Economics Question Paper 2017?
There are some useful tips given by Vedantu regarding your preparation for ISC class 12 Economics Examination.
Students are suggested to cover the syllabus topic by topic.
It is better to try to identify difficult topics and revise the concepts carefully.
Effective learning and practice can help students excel in class 12 Economics.
Students can get the Vedantu learning program for ISC class 12 Economics to learn the concepts clearly.
Register online ISC Economics tuitions on Vedantu.com to clear your doubts and download all the ISC Class 12 economics sample papers to prepare for Board Examinations.
2. What Do the Balance of Payments and the Classification of Economic Transactions in BoP exactly Mean?
The balance of payments (BOP) is an accounting of a country's international transactions for a specific time period. A transaction that causes money to flow into a country is a credit to its BOP account, and any transaction that causes money to flow out is a debit. A country’s balance of payment can be given as a systematic record of all economic transactions within the country due to the following reasons:
Invisible items
Visible items
Unilateral transactions
Capital transfers
3. Describe any Two important Features of a Centrally Planned Economy?
A centrally planned economy, also known as a command economy. It is defined as an economic system in which a central authority, such as a government, makes economic decisions regarding the manufacturing and the distribution of products and goods. There are two important features of a centrally planned economy.
They are:
In a centrally planned economy, economic problems related decisions are taken by some central authority appointed by the country’s government.
The vital (prime) consideration behind the allocation of resources to the manufacture of various products and services comes under social welfare.
4. What Is the Significance of the Vedantu Learning Program in ISC Class 12 Economics?
Vedantu has developed a very effective study program that is helpful for students appearing for their class 12 Economics board exams. There are some reasons to organize the vedantu learning program in ISC class 12 Economics. They are listed below.
Vedantu Learning Program in ISC Class 12 Economics helps students to understand the best problem-solving approaches.
Vedantu Learning Program in ISC Class 12 Economics encourages them to evaluate their exam preparation through various tests.
Vedantu Learning Program in ISC Class 12 Economics provides ample study resources.
5. How To Solve ISC Class 12 Economics Sample Papers 2017?
Students can follow the general tips and tricks provided by Vedantu experts while solving the ISC Economics Class 12 sample paper 2017. All the solutions are available on Vedantu’s official website and mobile app for free
First of all, students are suggested to understand the complete ISC Class 12 Economics Syllabus and exam pattern to know the important topics and note them on a piece of paper.
Then they can start their preparation with easy topics and then proceed to difficult topics.
After completion of clearing all the topics according to the latest syllabus, better do revision during which you need to solve ISC Economics Class 12 sample paper 2017.
Solve at least 1 question paper in a day so that you can have time to improve on weak areas or wherever you go wrong.
