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11th Standard English Medium Economics Subject Book Back 5 Mark Questions with Solution Part - II

11th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 125

    5 Marks

    25 x 5 = 125
  1. Compare and contrast various definitions of Economics.

  2. Elaborate the nature and scope of Economics.

  3. Explain the law of Equi - marginal utility

  4. Examine the Law of Variable Proportions with the help of diagram.

  5. Elucidate the Laws of Returns to scale. lliustrate.

  6. If total cost = 10+ Q3, find out AC, AVC, TFC, AFC when Q = 5.

  7. Bring out the relationship between AR and MR curves under various price conditions.

  8. How price and output and determined under the perfect competition?

  9. Illustrate price and output determination under Monopoly.

  10. Explain the Marginal Productivity Theory of Distribution.

  11. Elucidate the Loanable Funds Theory of Interest.

  12. Explain the strong features of Indian economy.

  13. Bring out Jawharlal Nehru's contribution to the idea of economic development.

  14. Discuss the Indian Economy during British Period.

  15. Explain the objectives of nationalization of commercial banks.

  16. Discuss the important initiatives taken by the Government of India towards Industrial Policy.

  17. Describe the salient features of EXIM policy (2015 - 2020)

  18. "The features of Rural Economy are peculiar"- Argue.

  19. Discuss the problems of Rural Economy.

  20. Describe the qualitative aspects of population.

  21. Explain the public transport system in Tamil Nadu.

  22. Calculate the elasticity of demand for the demand schedule by using differential calculus method P = 60 - 0.2Q where price is (i) zero, (ii) Rs.20, (iii) Rs.40

  23. The demand and supply functions are Pd= 1600 - x2 and Ps = 2x2 + 400 respectively. Find the consumer's surplus and producer's Surplus at equilibrium point.

  24. Find the solution of the system of equation
    7x1 - x2 - x3 = 0
    10x1 - 2x2 + x3 = 8
    6x1 + 3x2 - 2x3 = 7

  25. A manufacturer estimates that, when units of a commodity are produced each month the total costs will be TC(Q) = 128 + 60Q + 8Q2. Find the marginal cost, average cost, fixed cost, variable cost, average fixed cost and average variable cost.

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