Скачать или смотреть Mission 90% Chapter 2 | Indian Economy (1950-1990) One Shot | Class 12th Indian Economic

Chapter 2
Mission 90% | Chapter 2: Indian Economy (1950-1990) One Shot | Class 12 Economics One Shot
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Welcome to AK Commerce Classes! 💯 In this power-packed One Shot session, we’ll cover Chapter 2 – Indian Economy (1950-1990) from Class 12 Economics. Get ready to master all key concepts, important dates, and exam-oriented questions — all in one go! 🚀

✨ What’s Covered?
✔️ Complete Chapter 1 Coverage
✔️ Key Concepts Simplified
✔️ Important Questions for CBSE & State Boards
✔️ Tips & Tricks to Score 90%+ 💥

📚 Perfect for:
👉 Class 12 CBSE & State Board Students
👉 Quick Revision & Last-Minute Prep
👉 Boosting Your Economics Scores

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We Will Cover All this Topics
Economics
Introductory Macroeconomics
1. National Income and Related Aggregates
Introduction to Macroeconomics
Basic concepts: Consumption goods, Capital goods, Final goods, Intermediate goods
Stocks and Flows
Gross Investment & Depreciation
Circular Flow of Income
Methods of Calculating National Income: Value Added, Income, and Expenditure Methods
GDP at Constant and Current Prices
Real vs. Nominal GDP
GDP and Welfare

2. Money and Banking
Money: Meaning and Functions
Supply of Money (M1, M2, M3, M4)
Money Creation by Commercial Banks
Central Bank (RBI) – Functions and Role
Credit Control Instruments: CRR, SLR, Repo Rate, Reverse Repo Rate, Open Market Operations

3. Determination of Income and Employment
Aggregate Demand and its Components
Propensity to Consume and Save (APC, MPC, APS, MPS)
Short-run Equilibrium Output
Investment Multiplier and its Mechanism
Excess Demand and Deficient Demand
Measures to Correct Inflationary and Deflationary Gaps

4. Government Budget and the Economy
Government Budget – Meaning and Objectives
Components of Budget – Revenue and Capital
Classification of Receipts and Expenditures
Types of Budget Deficits: Fiscal, Revenue, and Primary Deficits
Measures of Fiscal Discipline

5. Balance of Payments
Balance of Payments Account – Meaning and Components
Current Account and Capital Account
Foreign Exchange Rate – Meaning and Determination
Fixed and Flexible Exchange Rate Systems
Managed Floating System

Part B: Indian Economic Development

6. Indian Economy on the Eve of Independence
State of Indian Economy before 1947
Low Level of Economic Development
Agricultural Sector – Stagnation and Backwardness
Industrial Sector – Deindustrialization
Foreign Trade and Demographic Conditions

7. Indian Economy (1950-1990)
Goals of Five Year Plans
Agriculture: Land Reforms and Green Revolution
Industry: Industrial Licensing and Small Scale Industry
Trade Policy – Import Substitution

8. Economic Reforms Since 1991
Reasons for Economic Reforms
Liberalization, Privatization, and Globalization (LPG)
Monetary and Fiscal Policy Reforms
Impact of Reforms on Different Sectors
Demonetization and GST

9. Current Challenges Facing Indian Economy
Poverty – Causes and Measures
Unemployment – Types and Trends
Human Capital Formation – Role of Education and Health
Rural Development – Credit, Marketing, and Infrastructure
Infrastructure – Energy and Health
Sustainable Economic Development – Concept and Measures

10. Development Experience of India – A Comparison with Neighbours
Comparative Study: India, Pakistan, and China
GDP Growth and Sectoral Development
Population – Size and Growth Rate
Human Development Indicators