New ! Economics MCQ Practise Tests

Sample 2 Mark Creative Questions (New Syllabus) 2020

12th Standard

    Reg.No. :


Time : 01:00:00 Hrs
Total Marks : 66

    Part A

    33 x 2 = 66
  1. Write any three merits of capitalism.

  2. What are flow variables?

  3. What do you mean by Real Income?

  4. Mention the examples of factor costs

  5. What is the features of GDPMP?

  6. Mention few names of Classical theor

  7. Write a note on “wage-price rigidity” Keynes.

  8. What is autonomous investment?

  9. Write a note on motives of precaution and foresight.

  10. Write the channel of effects of accelerator.

  11. What is Narrow money?

  12. What is the meaning of Cash Reserve Ratio (CRR)?

  13. Compare and contrast fiat money and commodity money.

  14. Write Fisher’s words on money and its effect on economy.

  15. In which year the (ATM) Automated teller Machine was introduced?

  16. What are the State Level Institutions for industrial finance?

  17. What do you mean by exchange control?

  18. What is “The Single Factoral Terms of Trade”?

  19. What is Foreign Institutional Investment (FII)?

  20. Write a short note on World Trade Organisation.

  21. Write a brief note on “Compensatory Financing Facility”

  22. What are major difference between IMF and World Bank?

  23. What do you mean by public finance?

  24. What a modern state can assume while delivering its role on public finance?

  25. Define - Capital Budget?

  26. Define automatic stabilizers.

  27. What is the key objective of Environmental Economics

  28. List the Remedial measures to control Noise Pollution.

  29. What is centralized planning?

  30. Write the meaning of the term “Underdevelopment”

  31. Write a brief note on origin of Indian Statistics.

  32. What is Negative Correlation?

  33. List different equation forms of econometrics


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