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12th Standard English Medium Economics Reduced Syllabus Creative Three Mark Question with Answerkey - 2021(Public Exam )

12th Standard

    Reg.No. :
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Economics

Time : 02:35:00 Hrs
Total Marks : 75

    Part-A

    3 Marks(Creative)

    25 x 3 = 75
  1. Draw the Circular flow of income in a three sector economy.

  2. Explain any three features of Capitalistic Economy.

  3. Indicate the demerits of Mixed Economy.

  4. Explain are the Demerits of Capitalism.

  5. What are the difficulties in measuring National Income?

  6. What are the five types of final goods and services that GNP includes?

  7. Compare and contrast different measures of GDP calculations.

  8. Explain the classical theory about unemployment?

  9. Write the criticism of Say's Law.

  10. Distinguish between Fictional and Structural unemployment.

  11. Write a note of John Maynard Keynes.

  12. Explain any three limltations of leakages of multiplier.

  13. Draw the diagram of consumption function.

  14. Draw the diagram of induced investment and autonomous investment.

  15. Explain any three long run factors of MEC.

  16. Explain the history of Barter System.

  17. Explain the three secondary function of money.

  18. Explain any three main causes of inflation in India.

  19. Write a brief note on “The First Rupee”.

  20. What are the key difference between Credit and Debit Card?

  21. Mention the difference between FDI and FPI.

  22. Discuss the elements of Automatic Correction in trade disequilibrium.

  23. Mention any two functions of the ASEAN.

  24. Write briefly about “Structural Adjustment Facility”

  25. List out the several types of indirect taxes.

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