New ! Economics MCQ Practise Tests



Important 5 Mark Creative Questions (New Syllabus 2020)

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 60

    Part A

    12 x 5 = 60
  1. Explain the four sector circular flow model.

  2. Discuss the Iimitations of National Income as an index of economic welfare.

  3. List out all assumption of say's law of market?

  4. Explain Marginal propensity to consume and multiplier, with the help of a diagram.

  5. Compare and contrast inflation and deflation.

  6. Compare and contrast RBI and other Commercial Banks.

  7. Discuss the state of FDI in India.

  8. Differentiate the GATT with WTO by the help of a table

  9. Explain the classification of public expenditure.

  10. Explain any 5 causes of water pollution.

  11. Draw the 7 pillars of NITI Aayog.

  12. Calculate the standard deviation from the following data by Actual Mean Method: 25, 15, 23, 42, 27, 25, 23, 25, and 20.

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