The basic problem studied in Economics is

(a)

Unlimited wants

(b)

Unlimited means

(c)

Scarcity

(d)

Strategy to meet all our wants

Economics according to the Lionel Robbins is a___________ science.

(a)

normative

(b)

applied

(c)

positive

(d)

experimental

Pick the odd one out

(a)

Luxuries

(b)

Comforts

(c)

Necessaries

(d)

Agricultural goods

Human wants are classified in to

(a)

Necessaries and Laxuries

(b)

Luxuries and comforts

(c)

Necessaries and comforts

(d)

Necessaries and Luxuries

The short-run production is studied through

(a)

The Law of Returns to scale

(b)

The Law of Variable Proportions

(c)

Iso - quants

(d)

Law of Demand

__________is the other name given for factor of production.

(a)

Inputs

(b)

Outputs

(c)

Exertion

(d)

Formation

Marginal revenue is the addition made to the

(a)

total sales

(b)

total revenue

(c)

total production

(d)

total cost

In monopoly, MR curve lies below ____________

(a)

TR

(b)

MC

(c)

AR

(d)

AC

_______ is also called as international price discrimination.

(a)

Oligopoly

(b)

Dumping

(c)

Duopoly

(d)

Monopoly

Theory of distribution is popularly known as,

(a)

Theory of product-pricing

(b)

Theory of factor-pricing

(c)

Theory of wages

(d)

Theory of interest

People to hold cash for the current transaction (or) day-to-day expenses.

(a)

Speculative Motive

(b)

Precautionary Motive

(c)

Both

(d)

Transaction Motive

The position of Indian Economy among the other strongest economies in the world is ______

(a)

Fourth

(b)

Seventh

(c)

Fifth

(d)

Tenth

First World War started in the year

(a)

1914

(b)

1814

(c)

1941

(d)

1841

Mahalwari System was introduced in ______

(a)

1820

(b)

1800

(c)

1993

(d)

1793

The Arguments against LPG relate to ________

(a)

Economic growth

(b)

More investment

(c)

Disparities among people and regions

(d)

Modernization

CENVAT stands for________________.

(a)

Common Entity Value Added Tax

(b)

Corporate Entities Value Added Tax

(c)

Central Value Added Tax

(d)

None of these

Identify the year in which National Rural Health Mission was launched.

(a)

2000

(b)

2005

(c)

2010

(d)

2015

Which of the following is wrongly matched?

(a)

Gateway of Tamil Nadu - Thoothukudi

(b)

Home textile city - Erode

(c)

Steel city - Salem

(d)

Pump city - Coimbatore

__________________Port handles all the Coal and Ore traffic in Tamil Nadu.

(a)

Ennore

(b)

Nagapattinam

(c)

Tuticorin

(d)

Chennai

State of rest is a point termed as

(a)

Equilibrium

(b)

Non-Equilibrium

(c)

Minimum point

(d)

Maximum point

Name any two types of utility.

What is land?

Give the definition for 'Real cost'.

What is 'Bilateral Monopoly'?

Define Density of Population?

State the features that distinguish a land tenure system from other system.

Define open unemployment.

Write a note on population in Tamil Nadu.

Integrate: \(\int { 4{ x }^{ 3 } } dx\)

What are the important features of utility?

Explain the different types of Elasticity of Demand.

Bring out the relationship among Total, Average and Marginal Products.

State the relationship between AC and MC.

What are the important features of monopolistic competition?

Distinguish between rent and quasi-rent.

Trace the development of Health care in India.

Give a note on Twelfth Five Year Plan.

Explain SEZ?

Explain Microsoft office Excel?

1. Explain various Steps of Deductive and Inductive methods.

2. Explain the different methods of Economics and their steps.

1. What are the methods of measuring elasticity of demand?

2. Explain briefly the Iso-cost Line with the help of a diagram?

1. Explain briefly total cost with a suitable diagram.

2. Explain how price and output are determined under monopolistic competition with help of a diagram.

1. What are the different kinds of profit?

2. Explain the contribution of Amartya Kumar Sen towards the Economic development.

1. Describe the performance of five year plans in India.

2. Explain about Agrarian Crisis after reforms.

1. Analyse the causes for Rural Indebtedness.

2. Explain about Banking network in Tamil Nadu.

1. What are the ideas of information and communication technology used in economics?

2. Mr. Sivanesan purchased 5 apples, 6' mangoes and 10 bananas. Mr Subbu purchased 6 apples, 8 mangoes and 15 bananas. Mr. Rajan purchased 2 apples, 2 mangoes and 8 bananas. They spent Rs.100, Rs.130 and Rs.46 respectively. Find the price of an apple, a mango and a banana.