Part A : Introductory Macro Economics
1. Macro Economics : Meaning 2. Circular Flow of Income 3. Concepts and Aggregates related to National Income 4. Measurement of National Income 5. Money : Meaning, Evolution and Functions 6. Commercial Banks and Credit Creation 7. Central Bank : Meaning and Functions 8. Recent Significant Reforms and Issues in Indian Banking System : Privatisation and Modernisation 9. Aggregate Demand, Aggregate Supply and Related Concepts Propensity to Consume, Propensity to Save and Investment) 10. Short Run Equilibrium Output 11. Investment Multiplier and its Mechanism 12. Problems of Deficient and Excess Demand 13. Measures to Correct Deficient Demand and Excess Demand 14. Government Budget and Economy 15. Foreign Exchange Rate 16. Balance of Payment Accounts : Meaning and Components.

Part B : Indian Economic Development

1. State of Indian Economy on the Eve of Independence 2. Common Goals of Five Year Plans in India 3. Agriculture-Features, Problems and Policies 4. Industries : Features, Problems & Policies (Industrial Licensing etc.) 5. Foreign Trade of India-Features, Problems and Policies 6. Economic Reforms in India-Liberalisation, Privatisation and Globalisation (L.P.G.) Policies 7. Rural Development : Key Issues 8. Human Capital Formation 9. Employment : Growth, Informalisation and other Issues 10. Sustainable Economic Development and Environment 11. Development Experience of India : A Comparison with Pakistan & China.

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CBSE Examination Paper