NCERT Solutions for Class 12 Political Science Chapter 5 – Contemporary South Asia TEXTBOOK QUESTIONS SOLVED Q1. Identify the country: (a) The struggle among pro-monarchy, pro-democracy groups and extremists created an atmosphere of political instability. (b) A landlocked country with multi¬party competition. (c) The first country to liberalise the economy in the South Asian region. (d) In the conflict between the military and pro-democracy groups, the military has prevailed over democracy. (e) Centrally located and shares borders with most of the South Asian Countries. (f) Earlier the island had the Sultans as the head of state. Now, it is a…
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NCERT Solutions for Class 12 Political Science Chapter 4 – Alternative Centres of Power TEXTBOOK QUESTIONS SOLVED Q1. Arrange the following in chronological order: (a) China’s accession to WTO (b) Establishment of the EEC (c) Establishment of tlr EU (d) Birth of ARF Answer: (b) Establishment of the EEC – 1957 (c) Establishment of the EU – 1992 (d) Birth of ARF – 1994 (a) China’s accession to WTO Q2. The ASEAN WAY: (a) Reflects the lifestyle of ASEAN members. (b) A form of interaction among ASEAN members that is informal and cooperative. (c) The defence policy followed by the…
NCERT Solutions for Class 12 Political Science Chapter 3 – US Hegemony in World Politics TEXTBOOK QUESTIONS SOLVED Q1. Which among the following statements about hegemony is incorrect? (a) The word implies the leadership or predominance of one State. (b) It was used to denote the predominance of Athens in the ancient Greece. (c) The country having hegemonic position will possess unchallenged military power. (d) Hegemonic position is fixed. Once a hegemon, always a hegemon. Answer: (d) Hegemonic position is fixed. Once a hegemon, always a hegemon. Q2. Which among the following statements is wrong about the contemporary world order?…
TEXTBOOK QUESTIONS SOLVED for NCERT Solutions for Class 12 Political Science Chapter 2 – The End of Bipolarity Q1. Which among the following statements that describe the nature of Soviet economy is wrong? (a) Socialism was the dominant ideology. (b) State ownership/control existed over the factors of production. (c) People enjoyed economic freedom. (d) Every aspect of the economy was planned and contained by the state. Answer: (c) People enjoyed economic freedom. NCERT Solutions for Class 12 Political Science – Part I – Chapter 2 – The End of Bipolarity Q2. Arrange the following in chronological order: (a) Soviet invasion…
NCERT Solutions for Class 12 Political Science Chapter 1 – The Cold War Era TEXTBOOK QUESTIONS SOLVED Q1. Which among the following statements about the Cold War is wrong? (а) It was a competition between the US and Soviet Union and their respective allies. (b) It was an ideological war between the superpowers. (c) It triggered off an arms race. (d) The US and USSR were engaged in direct wars. Answer: (d) The US and USSR were engaged in direct wars. Q2. Which among the following statements does not reflect the objectives of NAM? (a) Enabling newly decolonised countries to…
Short answers : Solutions of Questions on Page Number : 252 Q1 : State the difference between dissolution of partnership and dissolution of partnership firm. Answer : Basis of Difference Dissolution of Partnership Dissolution of Partnership firm Meaning It means change in the partnership deed (or the agreement) among the partners. It means that the business is wound up and the firm is dissolved. Discontinuation Business is not discontinued. Business is discontinued, as the firm is dissolved. Closure of Books of Accounts Books of accounts are not closed, as there is only change in the existing agreement between the partners.…
Short answers : Solutions of Questions on Page Number : 217 Q1 :What are the different ways in which a partner can retire from the firm? Answer : The following are the different ways in which a partner can retire from a firm. i. With the consent of all other partners: A partner must take the consent of all the co-partners of the firm before his/her retirement. Thereafter, the partner can retire from the firm if and only if all the partners agree on the decision of his/her retirement. ii) With an express agreement by all the partners: In case…
Short answers numerical questions long answers : Solutions of Questions on Page Number : 167 Q1 : Identify various matters that need adjustments at the time of admission of a new partner. Answer : The following are the various items that need to be adjusted at the time of admission of a new partner. 1. Profit Sharing Ratio: Calculation of new profit sharing ratio. 2. Goodwill: Valuation and adjustment of goodwill among the sacrificing old partners. 3. Revaluation of Assets and Liabilities: Assets and liabilities are revalued to ascertain the current value of the assets and liabilities of the partnership…
Short answers : Solutions of Questions on Page Number : 100 Q1 :Define Partnership Deed. Answer : Partnership Deed is a written agreement among the partners of a partnership firm. It includes agreement on profit sharing ratio, salaries, commission of partners, interest provided on partner’s capital and drawings and interest on loan given or taken by the partners, etc. Generally following details are included in a partnership deed. 1. Objective of business of the firm 2. Name and address of the firm 3. Name and address of all partners 4. Profit and loss sharing ratio 5. Contribution to capital by…
Short answers : Solutions of Questions on Page Number : 285 Q1 :What is a Cash Flow Statement? Answer : A Cash Flow Statement is a statement showing inflows and outflows of cash and cash equivalents from operating, investing and financing activities of a company during a particular period. It explains the reasons of receipts and payments in cash and change in cash balances during an accounting year in a company. Q2 :How are the various activities classified (as per AS-3 revised) while preparing cash flow statement? Answer : As per the Revised Accounting Standard 3 (AS-3), preparation of Cash…