CBSE Economics splits into Macroeconomics (40 marks) and Indian Economic Development (40 marks).
1. Credit Creation by Commercial Banks
Total credit creation is determined by: $\text{Total Deposit} = \text{Initial Deposit} \times \frac{1}{LRR}$. Explain the sequential rounds of deposit and lending using a structured numerical schedule.
2. India-China-Pakistan Comparative Data
Memorize key comparison indicators: China's rapid structural transformation into manufacturing, India's service-sector driven growth, and comparative Human Development Index (HDI) rankings.
