### 12th Standard CBSE Introductory Microeconomics and Macroeconomics Study material & Free Online Practice Tests - View and download Sample Question Papers with Solutions for Class 12 Session 2019 - 2020 CBSE

#### 12th Standard CBSE Market Equilibrium Model Question Paper - by Roopa Srinivas - Vadodara Aug 20, 2019 - View & Download

• 1)

What is the effect of excess supply on market price?

• 2)

Who has developed the FAD Theory?

• 3)

When does the normal price determine?

• 4)

What will the effect be on equilibrium price due to more decrease in demand than supply?

• 5)

When demand decreases and supply is perfectly inelastic, what will the effect on equilibrium price?

#### 12th CBSE Macroeconomics Unit 10 Open Economy Macroeconomics Model Question Paper - by Roopa Srinivas - Vadodara Aug 19, 2019 - View & Download

• 1)

Market, where the national currencies are traded for one another, is known as ___________

• 2)

Hybrid in management of fixed and flexible exchange rate is known as__________

• 3)

When there is unfavorable balance of trade?

• 4)

The deficit in the trade balance is Rs. 300 crores. The value of exports is Rs.500 crores. What is the value of import be?

• 5)

Other things remaining the same, when in a country the market price of foreign currency falls, national income is likely:

#### 12th CBSE Macroeconomics Government Budget and the Economy Model Question Paper - by Roopa Srinivas - Vadodara Aug 12, 2019 - View & Download

• 1)

An annual statement of the estimated receipts and expenditure of the government over the fiscal year is known as

• 2)

Which of the following is the components of a budget?

• 3)

The amount collected by the government as taxes and duties is known as_________

• 4)

Primary deficit in a government budget is:

• 5)

Direct tax is called because it is collected directly from:

#### 12th Standard CBSE Macroeconomics Income Determination Model Question Paper - by Roopa Srinivas - Vadodara Aug 05, 2019 - View & Download

• 1)

According to classical economists, real wage rate is______to the Marginal Productive of Labour.

• 2)

What will be APC when APS=0?

• 3)

If the income is Rs 100 crores and consumption is Rs 80 crores, what will be the APS?

• 4)

If the income is Rs 400 crores and consumption is Rs 250 crores, what will be the APC?

• 5)

Who did develop the concept of multiplier at first?

#### 12th Standard CBSE Macroeconomics Unit 7 Money and Banking Model Question Paper - by Roopa Srinivas - Vadodara Aug 03, 2019 - View & Download

• 1)

Money is mean not a............... .

• 2)

What type of demand is the demand for money?

• 3)

Which of the following is the feature of money?

• 4)

Which of the following is the narrow measure of money supply?

• 5)

Money Supply in India is based on.................... .

#### 12th Standard CBSE National Income Accounting Sample Question Paper - by Roopa Srinivas - Vadodara Jul 31, 2019 - View & Download

• 1)

What is the main objective of National Income Accounting?

• 2)

Which of the given accounting year is followed in India?

• 3)

${ NDP }_{ FC }=$

• 4)

If the private income is Rs 200 crores, the corporation tax and undistributed profit is Rs 25 crores, what will the personal income be?

• 5)

If the personal income is Rs 1,000 and the income tax is 10 percent, calculate Disposable Income.

#### 12th CBSE Introductory Macroeconomics Sample Question Paper - by Roopa Srinivas - Vadodara Jul 31, 2019 - View & Download

• 1)

What is known as the study of individual units?

• 2)

Study of aggregates is known as ________.

• 3)

When was the famous book of Prof. Keynes published?

• 4)

Who is the father of modern macroeconomics?

• 5)

Mr. Skund Kumar wants to study the national income. Which branch of economics will he have to study?

#### 12th CBSE Microeconomics Unit 4 The Theory of the Firm under Perfect Competition Important Question Paper - by Roopa Srinivas - Vadodara Jul 27, 2019 - View & Download

• 1)

Producing maximum with minimum cost is known as ___________.

• 2)

In the situation of producers equilibrium, MR is __________ to MC.

• 3)

Which among the following is the method of working out producer's equilibrium?

• 4)

From where can we define the slope of the MR curve?

• 5)

Which among the following is the cause of extension and contraction in supply?

#### 12th Standard CBSE Microeconomics Unit 3 Production and Cost Important Question Paper - by Roopa Srinivas - Vadodara Jul 26, 2019 - View & Download

• 1)

Which among the following is the factor of production?

• 2)

Total Product (TP)=

• 3)

Marginal product (MP) =

• 4)

Returns to scale operates in the --------------- run.

• 5)

Returns to a factor operates in------------

#### 12th CBSE Microeconomics Unit 2 Theory of Consumer Behaviour Important Question Paper - by Roopa Srinivas - Vadodara Jul 24, 2019 - View & Download

• 1)

Getting maximum satisfaction by consumer with his given income is known as_______.

• 2)

What is the slope of the budget line?

• 3)

What is the slope of indifference curve?

• 4)

With the increase in price, total expenditure increases and with the fall in price, total expenditure also falls.What will be the elasticity of demand?

• 5)

Price elasticity of demand is 0.5 and the percentage change in price is 4.What will be the percentage change in quantity demanded?

#### 12th Standard CBSE Microeconomics Important Question Paper - by Roopa Srinivas - Vadodara Jul 18, 2019 - View & Download

• 1)

What is the effect of excess demand on market price?

• 2)

Among whom does the competition arise due to excess demand?

• 3)

What is the relationship between demand and supply in the controlled prices?

• 4)

When does the normal price determine?

• 5)

Which of the following is an economic activity?

#### 12th Introductory Microeconomics And Macroeconomics Model Question Paper 10 - by Bala Sep 15, 2018 - View & Download

• 1)

Which of the given accounting year is followed in India?

• 2)

Which of the following is the method of measuring National Income?

• 3)

Why are the intermediate goods not included in the National Income while measuring National Income?

• 4)

Which of the following is the feature of money?

• 5)

What is the function of money?

#### 12th Introductory Microeconomics And Macroeconomics Term Test - by Bala Sep 15, 2018 - View & Download

• 1)

What is the relationship between demand and supply in the controlled prices?

• 2)

What is the relationship between demand and supply in the support price process?

• 3)

Who has developed the FAD theory?

• 4)

The main cause of economic problems is ________.

• 5)

Economics is a ______ science.

#### 12th Introductory Microeconomics And Macroeconomics Model Question Paper 9 - by Bala Aug 01, 2018 - View & Download

• 1)

Which of the following is a type of imperfectly competitive market?

• 2)

Supernormal profits imply

• 3)

What is the profit at the 'break-even point'?

• 4)

When different prices are charged for the same commodity,it is known as------------------

• 5)

In which market, a firm is a price taker?

#### Market Equlibium - Important Questions Model Paper In 12th Introductory Microeconomics And Macroeconomics - by Bala Aug 01, 2018 - View & Download

• 1)

What is the effect of excess demand on market price?

• 2)

Among whom does the competition arise due to excess demand?

• 3)

What is the relationship between demand and supply in the support price process

• 4)

When does the normal price determine?

• 5)

When demand decreases and supply is perfectly inelastic, what will the effect on equilibrium price?

#### 12th Introductory Microeconomics And Macroeconomics Model Question Paper 1 - by Bala Jul 31, 2018 - View & Download

• 1)

Market, where the national currencies are traded for one another, is known as ___________

• 2)

What is the cause of devaluation of any country's currency?

• 3)

Hybrid in management of fixed and flexible exchange rate is known as__________

• 4)

How many accounts of balance of payment are there?

• 5)

Other things remaining the same, when in a country the market price of foreign currency falls, national income is likely:

#### Government Budget And The Economy - Important Questions Model Paper In 12th Introductory Microeconomics And Macroeconomics - by Bala Jul 31, 2018 - View & Download

• 1)

An annual statement of the estimated receipts and expenditure of the government over the fiscal year is known as

• 2)

Fiscal deficit is the difference between the government's total expenditure and its total receipts excluding_________

• 3)

What is the annual statement of government's fiscal expenditure known?

• 4)

The amount collected by the government in the form of interest, fees and dividends is known as ___________

• 5)

Direct tax is called because it is collected directly from:

#### 12th Introductory Microeconomics And Macroeconomics Model Question Paper 8 - by Bala Jul 31, 2018 - View & Download

• 1)

What is the shape of the Keynesian Aggregate Supply before the level of full employment is attained?

• 2)

What will be APC when APS=0?

• 3)

If the income is Rs 400 crores and consumption is Rs 250 crores, what will be the APC?

• 4)

Which is the measure of correcting deflationary gap?

• 5)

If MPC=1, the value of multiplier is:

#### Money And Banking - Important Questions Model Paper In 12th Introductory Microeconomics And Macroeconomics - by Bala Jul 31, 2018 - View & Download

• 1)

What is the defect of barter system?

• 2)

Which of the following is the feature of money?

• 3)

Which of the following is the function of a commercial bank?

• 4)

Which is the most liquid measure of money supply?

• 5)

Which of the following is the function of a Central bank?

#### 12th Introductory Microeconomics And Macroeconomics Model Question Paper 7 - by Bala Jul 30, 2018 - View & Download

• 1)

What is the main objective of National Income Accounting?

• 2)

${ GDP }_{ MP }$

• 3)

${ NNP }_{ MP }=$

• 4)

• 5)

Which method of National Income Accounting is developed by UNO?

#### 12th Introductory Microeconomics And Macroeconomics Model Question Paper 6 - by Bala Jul 30, 2018 - View & Download

• 1)

Producing maximum with minimum cost is known as ___________.

• 2)

In the situation of producers equilibrium, MR is __________ to MC.

• 3)

From where does the MC curve cuts the MR curve in the situation of equilibrium?

• 4)

Which among the following is the method of working out producer's equilibrium?

• 5)

Which among the following is the cause of extension and contraction in supply?

#### 12th Introductory Microeconomics And Macroeconomics Model Question Paper 5 - by Bala Jul 30, 2018 - View & Download

• 1)

Which among the following is the factor of production?

• 2)

Does the Average Product is zero,Total Product will be-----------

• 3)

Which among the following is the type of Fixed Cost in the short-run?

• 4)

Average Cost (AC)=

• 5)

why is the Average Cost curve $\cup -$shaped?

#### 12th Introductory Microeconomics And Macroeconomics Model Question Paper 4 - by Bala Jul 30, 2018 - View & Download

• 1)

Want satisfying power of a commodity is known as________________.

• 2)

What is the slope of the budget line?

• 3)

In the consumer's equilibrium, the budget line ________ the indifference curve.

• 4)

Goods whose demand decreases with the increase in income?

• 5)

If Marginal Rate of Substitution is increasing throughout, the indifference curve will be:

#### 12th Introductory Microeconomics And Macroeconomics Model Question Paper 3 - by Bala Jul 27, 2018 - View & Download

• 1)

What is known as the study of individual units?

• 2)

What are the methods of economic analysis?

• 3)

Are micro and macroeconomics dependent on each other?

• 4)

What is the name of the book written by J.M. Keynes?

• 5)

When was the famous book of Prof. Keynes published?

#### 12th Introductory Microeconomics And Macroeconomics Model Question Paper 2 - by Bala Jul 27, 2018 - View & Download

• 1)

What is the effect of excess demand on market price?

• 2)

What is the effect of excess supply on market price?

• 3)

Who has developed the FAD theory?

• 4)

What is called the increased shortage of goods above the determined price through rationing?

• 5)

When demand decrease and supply is perfectly inelastic, what will the effect on equilibrium price?

#### CBSEStudy Material - Sample Question Papers with Solutions for Class 12 Session 2019 - 2020

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