" /> -->

#### Full Portion Two Marks Question Paper

12th Standard EM

Reg.No. :
•
•
•
•
•
•

Economics

Time : 01:00:00 Hrs
Total Marks : 50
25 x 2 = 50
1. Define the term ‘Inflation

2. What do you mean by Capitalism?

3. Write the formula for calculating GNP

4. Define GDP deflator

5. Define full employment.

6. What are the components of aggregate supply ?

7. What do you mean by propensity to save?

8. Define Multiplier.

9. What is commodity money?

10. Define inflation.

11. Define Central bank.

12. What is rationing of credit?

13. State any two merits of trade.

14. What do you mean by Balance of Payments?

15. Mention any two objectives of ASEAN.

16. When and where was SAARC Secretariat established?

17. Write a short note on zero based budget.

18. What is Direct Tax?

19. What do you mean by ecosystem?

20. Write an example for “Positive Consumption Externality”

21. What do you mean by New Welfare Oriented Approach?

22. Write a note on the supply side vicious circle of poverty.

23. Write brief note on Statistics and Medicine.

24. List the major differences between Descriptive Statistics and Inferential Statistics

25. Write an equation on :
i) Statistics Regression,
ii) Econometrics Regression