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12th Standard English Medium Economics Subject Book Back 5 Mark Questions with Solution Part - I

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 125

    3 Marks

    25 x 5 = 125
  1. Illustrate the functioning of an economy based on its activities

  2. Compare the features among Capitalism, Secularism and Mixedism

  3. Discuss the various methods of estimating the national income of a country.

  4. Discuss the importance of social accounting in economic analysis.

  5. Critically explain Say’s law of market

  6. Explain the differences between classical theory and Keynes theory.

  7. Briefly explain the subjective and objective factors of consumption function?

  8. Explain the operation of the Accelerator.

  9. Illustrate Fisher’s Quantity theory of money.

  10. What are the causes and effects of inflation on the economy?

  11. Explain the role of Commercial Banks in economic development.

  12. Describe the functions of Reserve Bank of India.

  13. Discuss the differences between Internal Trade and International Trade.

  14. Discuss the Modern Theory of International Trade.

  15. Bring out the components of balance of payments account.

  16. How the Rate of Exchange is determined? Illustrate.

  17. Discuss the role of WTO in India’s socio-economic development.

  18. Explain the methods of debt redemption.

  19. Describe the various types of deficit in budget.

  20. What are the reasons for the recent growth in public expenditure?

  21. Explain the concepts of externality and its classification

  22. Discuss the economic determinants of economic development.

  23. Bring out the arguments against planning.

  24. Calculate the Karl Pearson Correlation Co-efficient for the following data

    Demand of Product X 23 27 28 29 30 31 33 35 36 39
    Sale of Product Y: 18 22 23 24 25 26 28 29 30 32
  25. Describe the application of Econometrics in Economics.

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