New ! Economics MCQ Practise Tests



Important 3 Mark Book Back Questions (New Syllabus) 2020

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 36

    Part A

    12 x 3 = 36
  1. Enumerate the features of mixed economy.

  2. Differentiate between personal and disposable income.

  3. What do you mean by aggregate demand ? Mention its components.

  4. Differentiate autonomous and induced investment.

  5. Write the types of inflation

  6. Write the mechanism of credit creation by commercial banks.

  7. Compare the Classical Theory of international trade with Modern Theory of International trade.

  8. What are trade blocks?

  9. Point out any three differences between direct tax and indirect tax.

  10. Specify the meaning of material balance principle.

  11. Trace the evolution of economic planning in India.

  12. Differentiate the economic model with econometric model.

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