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12th Standard English Medium Economics Reduced Syllabus Three Mark Important Questions - 2021(Public Exam )

12th Standard

    Reg.No. :
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Economics

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

    Part-A

    3 Marks

    25 x 3 = 75
  1. Describe the different types of economic systems.

  2. Outline the major merits of capitalism.

  3. Distinguish between Capitalism and Globalism.

  4. Differentiate between personal and disposable income.

  5. Explain briefly NNP at factor cost.

  6. What is the solution to the problem of double counting in the estimation of national
    income?

  7. List out the uses of national income

  8. Explain the following in short
    (i) Seasonal unemployment
    (ii) Frictional unemployment
    (iii) Educated unemployment

  9. Write short note on the implications of Say’s law.

  10. Explain Keynes’ theory in the form of flow chart

  11. Write any five differences between classism and Keynesianism.

  12. State the propositions of Keynes’s Psychological Law of Consumption

  13. Explain any three subjective and objective factors influencing the consumption function.

  14. State the concept of super multiplier

  15. What is money supply?

  16. Write the types of inflation

  17. Explain Demand-pull and Cost push inflation.

  18. Explain disinflation

  19. Give a brief note on NBFI.

  20. What are the functions of NABARD?

  21. Specify the functions of IFCI.

  22. Distinguish between money market and capital market

  23. Describe the subject matter of International Economics.

  24. Distinguish between Balance of Trade and Balance of Payments.

  25. Describe Canons of Taxation.

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