New ! Economics MCQ Practise Tests



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

12th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Economics

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

    5 Marks

    25 x 5 = 125
  1. Explain the merits of socialism.

  2. Explain the merits of Mixed Economy.

  3. Explain the four sector model of economy with chart.

  4. Discuss the methods of measuring the National Income by Product Method.

  5. Explain the basic concepts of national income.

  6. Given the table, calculate GNP, NNP, National Income, Personal Income and Disposable income.

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

  8. Draw the diagram for Aggregate supply curves diagram.

  9. What are the determinants of investment function?

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

  11. State the Relationship between rate of interest and Investment:

  12. Derive the value of the multiplier assuming the basic form of the consumption function as C = a + bY where "a" is autonomous consumption and "b" is the marginal propensity to consume. You may assume a two-sector economy.

  13. Compare and contrast inflation and deflation.

  14. Explain the supply of Money and determinants of money supply in India.

  15. List the problems in defining Money Supply.

  16. Consider M = Rs. 1000. M’ = Rs. 500, V = 3, V’ = 2, T = 4000 goods and Find the value of money using Fisher’s quantity theory of

  17. Distinguish between NBFC and Other Commercial Bank.

  18. Explain the chain of events that results from an expansionary monetary policy.

  19. Explain the any two types of Exchange Rates.

  20. Draw the flow chart for correction of Balance Payment Disequilibrium

  21. What are the functions of the ASEAN?

  22. Explain the classification of public expenditure.

  23. List the Revenue of Union Sources.

  24. State and discuss the Causes of Land Pollution.

  25. Compare and contrast the “Planning Commission” and NITI Aayog”.

*****************************************

Reviews & Comments about 12th Standard English Medium Economics Subject Creative 5 Mark Questions with Solution Part - I updated Creative Questions

Write your Comment