Tamilnadu Board Economics Question papers for 12th Standard (English Medium) Question paper & Study Materials

12th Standard Economics English Medium Model 3 Mark Creative Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    What are the demerits of mixed economy?

  • 2)

    Draw the flow chart of Functioning of an Economy Based on Activities

  • 3)

    What is Per capita income?

  • 4)

    What is Output method? What is its major challenge?

  • 5)

    Explain how it might be possible for the unemployment rate to decline even though the number of unemployed is growing

12th Standard Economics English Medium Model 3 Mark Book Back Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    Enumerate the features of mixed economy

  • 2)

    Write briefly about national income and welfare

  • 3)

    What do you mean by aggregate demand ? Mention its components

  • 4)

    Mention the differences between accelerator and multiplier effect 

  • 5)

    State Cambridge equations of value of money.

12th Standard Economics English Medium Sample 3 Mark Creative Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    Bring out the functions of an economy with the help of flow chart.

  • 2)

    Indicate the demerits of Mixed Economy.

  • 3)

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

  • 4)

    How the gross value of the farm output is obtained In India?

  • 5)

    What are the components of aggregate supply?

12th Standard Economics English Medium Sample 3 Mark Book Back Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    Outline the major merits of capitalism.

  • 2)

    Write a short note on per capita income

  • 3)

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

  • 4)

    Differentiate autonomous and induced investment.

  • 5)

    What are the determinants of money supply?

12th Standard Economics English Medium Important 3 Mark Creative Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    Draw the Circular flow of income in a three sector economy.

  • 2)

    Write the basis how Economies can be classified into different types

  • 3)

    Write down the some of the statistical problems?

  • 4)

    How the gross value of the farm output is obtained In India?

  • 5)

    Write a short note on effective demand?

12th Standard Economics English Medium Important 3 Mark Book Back Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    Enumerate the features of mixed economy

  • 2)

    Differentiate between personal and disposable income.

  • 3)

    What do you mean by aggregate demand ? Mention its components

  • 4)

    Differentiate autonomous and induced investment.

  • 5)

    Write the types of inflation

12th Standard Economics English Medium Model 2 Mark Creative Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    Write any three merits of capitalism.

  • 2)

    Write a short note on firm sector of circular flow of national income.

  • 3)

    Write a short note on Capital Gains.

  • 4)

    Mention the factors included in PQLI

  • 5)

    Write the formula for aggregate supply?

12th Standard Economics English Medium Model 2 Mark Book Back Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    What do you mean by Capitalism?

  • 2)

    Give reasons for labour retrenchment at present situation

  • 3)

    Define average propensity to save (APS).

  • 4)

    What is barter?

  • 5)

    What is rationing of credit?

12th Standard Economics English Medium Sample 2 Mark Creative Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 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?

12th Standard Economics English Medium Sample 2 Mark Book Back Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    What is meant by an ‘Economy’?

  • 2)

    Give reasons for labour retrenchment at present situation

  • 3)

    What do you mean by propensity to save?

  • 4)

    What is gold standard?

  • 5)

    Distinguish between CRR and SLR

12th Standard Economics English Medium Important 2 Mark Creative Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    What is Mixed Economy?

  • 2)

    Mention any two limitations of macroeconomics

  • 3)

    Write a short note on Capital Gains.

  • 4)

    What are capital gains?

  • 5)

    Write a short note on Seasonal Unemployment

12th Standard Economics English Medium Important 2 Mark Book Back Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    What is meant by an ‘Economy’?

  • 2)

    List out the assumptions of Say’s law.

  • 3)

    Define Marginal Propensity to Save (MPS).

  • 4)

    What is plastic money? Give example.

  • 5)

    What is rationing of credit?

12th Standard Economics English Medium Model 1 Mark Creative Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    Socialist Economy promote  __________.

  • 2)

    Identify which is not a part of classification of economy based on Status of Development

  • 3)

    Planning is an integral part of a Capitalist economy.
    In socialist system, all decisions are undertaken by the central planning authority

  • 4)

    The interaction of individuals and firms in a market can be described as a_______ of money, goods and services and resources through product and factor markets.

  • 5)

    Percapita Income =

12th Standard Economics English Medium Model 1 Mark Book Back Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    Identify the necessity of Economic policies

  • 2)

    National income is a measure of the__________ performance of an economy

  • 3)

    The financial year in India is__________

  • 4)

    The main concention of the Classical Economic Theory is____________

  • 5)

    ________ theory is a turning point in the development of modern economic theory.

12th Standard Economics English Medium Sample 1 Mark Creative Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    Planned economy is also known as _________.

  • 2)

    How the economy is divided based Nature of Functioning?

  • 3)

    Planning is an integral part of a Capitalist economy.
    In socialist system, all decisions are undertaken by the central planning authority

  • 4)

    Assertion (A) :Economic System refers to the manner in which individuals and institutions are connected together to carry out economic activities in a particular area.
    Reason (R) :It is the methodology of doing economic activities to meet the needs of the society.

  • 5)

    With what kinds of topics does macroeconomics concern itself?

12th Standard Economics English Medium Sample 1 Mark Book Back Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    The branches of the subject Economics is

  • 2)

    An economic system where the economic activities of a nation are done both by the private and public together is termed as__________

  • 3)

    Expenditure method is used to estimate national income in_______

  • 4)

    The value of national income adjusted for inflation is called_________

  • 5)

    The main concention of the Classical Economic Theory is____________

12th Standard Economics English Medium Important 1 Mark Creative Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    Micro means __________.

  • 2)

    From the households sectors receives the income?

  • 3)

    Which of the following statements regarding the circular-flow diagram is true?

  • 4)

    Formula for calculating NNP at factor cost.

  • 5)

    __________ Framework is useful for economists as well as policy makers.

12th Standard Economics English Medium Important 1 Mark Book Back Questions (New Syllabus) 2020 - by Mani - Pollachi View & Read

  • 1)

    Who is regarded as Father of Modern Macro Economics

  • 2)

    National income is measured by using_______ methods.

  • 3)

    The main concention of the Classical Economic Theory is____________

  • 4)

    If the Keynesian consumption function is C=10+0.8Y then, when disposable income is Rs 100, what is the marginal propensity to consume?

  • 5)

    MV stands for

THE TVS SCHOOL, MADURAI - ONE MARK TEST - by STEPHEN View & Read

  • 1)

    The branches of the subject Economics is

  • 2)

    Who coined the word ‘Macro’?

  • 3)

    Who is regarded as Father of Modern Macro Economics

  • 4)

    Identify the other name for Macro Economics

  • 5)

    Macro economics is a study of_________

12th Standard Economics full portion important one mark Questions - 2020 - by Mani - Pollachi View & Read

  • 1)

    Identify the other name for Macro Economics

  • 2)

    Indicate the fundamental economic activities of an economy

  • 3)

    Pick basic composition of two sector of model of economy

  • 4)

    Given the chart, find the missing system of economy

  • 5)

    Net National product at factor cost is also known as

12th standard Economics English Medium All Chapter Book Back and Creative One Mark Questions 2020 - by Mani - Pollachi View & Read

  • 1)

    Identify the other name for Macro Economics

  • 2)

    The Circular Flow Model that represents an open Economy

  • 3)

    The right to property exists largely in _______.

  • 4)

    Match the correct codes

    1. Wages, dividends, interest, profits and rent - i Towards
    Government
    2. Purchases of goods and Service - ii Towards `households
    3. Taxes - iii Towards firm
    4. Social Transfer - iv Towards house hold
  • 5)

    Expenditure method is used to estimate national income in_______

12th standard Economics English Medium All Chapter Book Back and Creative Two Mark Questions 2020 - by Mani - Pollachi View & Read

  • 1)

    What is meant by an ‘Economy’?

  • 2)

    Define ‘Economic Model"

  • 3)

    What do you mean by Socialism?

  • 4)

    What is Globalisation?

  • 5)

    Define National Income.

12th standard Economics English Medium All Chapter Book Back and Creative Five Mark Questions 2020 - by Mani - Pollachi View & Read

  • 1)

    Discuss the scope of Macro Economics

  • 2)

    Compare the feature among Capitalism, Secularism and Mixedism

  • 3)

    Explain the merits of socialism.

  • 4)

    Explain the Demerits of capitalism.

  • 5)

    Explain the importance of national income

12th standard Economics English Medium All Chapter Book Back and Creative Three Mark Questions 2020 - by Mani - Pollachi View & Read

  • 1)

    Outline the major merits of capitalism.

  • 2)

    Distinguish between Capitalism and Globalism.

  • 3)

    Describe the three models of circular flow of income.

  • 4)

    Explain are the Demerits of Capitalism

  • 5)

    Give short note on Expenditure method

12th Standard Economics public model Question paper I - 2019-2020 - by Mani - Pollachi View & Read

  • 1)

    Identify the flow variable

  • 2)

    Which of the following is not a macroeconomic goal?

  • 3)

    Tertiary sector is also called as __________sector

  • 4)

    Secondary sector is __________

  • 5)

    Aggregate supply is equal to___________

12th Standard Economics public model Question paper- II - 2019-2020 - by Mani - Pollachi View & Read

  • 1)

    The Circular Flow Model that represents an open Economy

  • 2)

    Match the correct codes

    1 Govt. Internal Regulation only i Capitalism
    2. Complete Involvement of Gov.t ii Socialism
    3. Limited Role of Government iii Mixed Economy
    4 Government Enterprise Naure iv Capitalist Economy
  • 3)

    GNP = _________ + Net factor income from abroad

  • 4)

    _________ Income is the buying power of nominal income.

  • 5)

    The core of the classical theory of employment is____________

12th Standard Economics public model Question paper III - 2019-2020 - by Mani - Pollachi View & Read

  • 1)

    An economic system where the economic activities of a nation are done both by the private and public together is termed as__________

  • 2)

    Inflation refers to steady ________ in general price level.

  • 3)

    Per capita income is obtained by dividing the National income by__________

  • 4)

    GDP= _________.

  • 5)

    J.B. Say is a ___________

12th Standard Economics public model Question paper IV - 2019-2020 - by Mani - Pollachi View & Read

  • 1)

    A steady increase in general price level is termed as_____________.

  • 2)

    In addition to household and firms, inclusion of the government sector make this model a ________ model.

  • 3)

    The largest proportion of national income comes from___________

  • 4)

    (i) Firms, (ii) Households, (iii) Government, (iv) Rest of the world and
    (v) Capital sector. are diffe rent elements of ………………?

  • 5)

    Every able bodied person who is willing to work at the prevailing wage rate is employed called as ___________

12th Standard Economics public model Question paper V - 2019-2020 - by Mani - Pollachi View & Read

  • 1)

    Indicate the fundamental economic activities of an economy

  • 2)

    Find the odd one out

  • 3)

    Income method is measured by summing up of all forms of__________

  • 4)

    GDP Deflator is also called as:

  • 5)

    Keynes theory emphasized on________ equilibrium

12th Standard Economics public model Questions Paper VI - 2019-2020 - by Mani - Pollachi View & Read

  • 1)

    Indicate the contribution of J M Keynes to economics

  • 2)

    Identify which is not a subject matters covered in Macro Economics

  • 3)

    Which is the largest figure?

  • 4)

    Great care is required to calculate ____________.

  • 5)

    Say’s law stressed the operation of________ in the economy

12th Standard Economics public model Questions Paper - VII - 2019-2020 - by Mani - Pollachi View & Read

  • 1)

    Identify The Father of Socialism

  • 2)

    Assertion (A) :Each individual and organization produce only those goods which ensure high profit.
    Reason (R) :Profit is the driving force behind all economic activities in a capitalistic economy

  • 3)

    Which is the largest figure?

  • 4)

    Match the correct codes

    1 GNP i FC + Indirect Taxes - Subsidies
    2 X-M ii MP - Indirect Taxes + Subsidies
    3 MP iii C + I + G + (X-M)
    4 FC iv Net exports
  • 5)

    _________ Flexibility brings equality between saving and investment

12th Standard Economics public model Questions Paper VIII - 2019-2020 - by Mani - Pollachi View & Read

  • 1)

    The branches of the subject Economics is

  • 2)

    Pick basic composition of three sector of model of economy.

  • 3)

    Net National product at factor cost is also known as

  • 4)

    Assertion (A) :Double counting is to be avoided under value added method.
    Reason (R) :Any commodity which is either raw material or intermediate good for the final production should not be included.

  • 5)

    In Keynes theory of employment and income, ___________ is the basic cause of economic depression

12th Standard Economics public model Questions Paper IX - 2019-2020 - by Mani - Pollachi View & Read

  • 1)

    Quantity of a commodity accumulated at a point of time is termed as ____________..

  • 2)

    With what kinds of topics does macroeconomics concern itself?

  • 3)

    Expenditure method is used to estimate national income in_______

  • 4)

    Output = Income = _________

  • 5)

    In Keynes theory of employment and income, ___________ is the basic cause of economic depression

12th Standard Economics Public Model Question Paper - 2020 - by Mani - Pollachi View & Read

  • 1)

    Macro economics is a study of_________

  • 2)

    An economic system where the economic activities of a nation are done both by the private and public together is termed as__________

  • 3)

    Identify which is not a part of classification of economy based on Level of National Income

  • 4)

    Assertion (A) :Each individual and organization produce only those goods which ensure high profit.
    Reason (R) :Profit is the driving force behind all economic activities in a capitalistic economy

  • 5)

    In the circular-flow diagram

12th Standard Economics Important Question-II-2019-2020 - by Mani - Pollachi View & Read

  • 1)

    Who is regarded as Father of Modern Macro Economics

  • 2)

    An economy consists of

  • 3)

    The subject Economics is classified into two branches, namely,

  • 4)

    Identify which is not an example of capitalistic economy.

  • 5)

    In a free-market economy the allocation of resources is determined by:

12th Standard Important Question All Chapter-II-2020 - by Mani - Pollachi View & Read

  • 1)

    Who coined the word ‘Macro’?

  • 2)

    Identify the flow variable

  • 3)

    Identify the stock variable.

  • 4)

    Pick basic composition of two sector of model of economy

  • 5)

    Assertion (A) :Each individual and organization produce only those goods which ensure high profit.
    Reason (R) :Profit is the driving force behind all economic activities in a capitalistic economy

12th Standard Economics All Chapter Bookback and Important Questions-II-2019-2020 - by Mani - Pollachi View & Read

  • 1)

    Who coined the word ‘Macro’?

  • 2)

    A steady increase in general price level is termed as_____________.

  • 3)

    Identify the Father of Scientific Socialism.

  • 4)

    Who defined the following statement for an economy? “A system by which people earn their living.”

  • 5)

    Which of the following is not a macroeconomic goal?

12th Standard Economics Bookback and Important Questions-II-2020 - by Mani - Pollachi View & Read

  • 1)

    Indicate the contribution of J M Keynes to economics

  • 2)

    Who is referred as ‘Father of Capitalism’?

  • 3)

    Macro economics is also known as __________.

  • 4)

    Market forces are _________.

  • 5)

    Identify which is not an example of capitalistic economy.

12th Standard Economics Important Question-I-2019-2020 - by Mani - Pollachi View & Read

  • 1)

    Who is regarded as Father of Modern Macro Economics

  • 2)

    The country following Capitalism is ________________

  • 3)

    Father of socialism _________.

  • 4)

    Identify the stock variable.

  • 5)

    The government may impose industrial safety regulations and occupational licensing requirements in which of the following economic systems?

12th Standard Economics Important Question All Chapter Part-I-2020 - by Mani - Pollachi View & Read

  • 1)

    Identify the other name for Macro Economics

  • 2)

    The country following Capitalism is ________________

  • 3)

    Who defined the following statement for an economy? “A system by which people earn their living.”

  • 4)

    Pick basic composition of two sector of model of economy

  • 5)

    Assertion (A) :In a mixed economy, all the resources are owned and operated by the government.
    Reason (R) :Public welfare is the mainmotive behind all economic activities in mixed economy

12th standard Economics All Chapter Book back and Creative Question-I-2019-2020 - by Mani - Pollachi View & Read

  • 1)

    Macro economics is a study of_________

  • 2)

    Quantity of a commodity accumulated at a point of time is termed as ____________..

  • 3)

    Pick basic composition of three sector of model of economy

  • 4)

    In the circular-flow diagram

  • 5)

    Match the correct codes

    1 Y = C + I i Don’t exist
    2. Y = C + I + G ii Two Sector
    3. Y = C + I + G + (X – M) iii Three Sector
    4. Y = C iv Four Sector

12th standard Economics Book back and Creative Important Question-I-2020 - by Mani - Pollachi View & Read

  • 1)

    Identify the flow variable

  • 2)

    The Circular Flow Model that represents an open Economy

  • 3)

    Micro means __________.

  • 4)

    In addition to household and firms, inclusion of the government sector make this model a ________ model.

  • 5)

    The firm sector generates its ……………… by selling goods and services to the household sector

12th standard economics Introduction to Macro Economics - One marks important questions - by Economics English Medium - New syllabus 2019 View & Read

  • 1)

    The branches of the subject Economics is

  • 2)

    Who coined the word ‘Macro’?

  • 3)

    Who is regarded as Father of Modern Macro Economics

  • 4)

    Macro economics is a study of_________

  • 5)

    Indicate the contribution of J M Keynes to economics

12t standard economics - Introduction to Macro Economics-Two Marks important questions - by Economics English Medium - New syllabus 2019 View & Read

  • 1)

    Write down the three types of economic systems.

  • 2)

    What is Globalism?

  • 3)

    What are the demerits of socialism?

  • 4)

    What do you mean by Socialism?

  • 5)

    What is Mixed Economy?

12th standard economics - Introduction to Macro Economics-Three Marks - by Economics English Medium - New syllabus 2019 View & Read

  • 1)

    Outline major demerits of capitalism.

  • 2)

    Write any two demerits of capitalism.

  • 3)

    Draw the Circular flow of income in a three sector economy.

  • 4)

    Explain any two merits of socialism.

  • 5)

    What are the demerits of mixed economy?

12th standard Introduction to Macro Economics Five Marks important questions - by Economics English Medium - New syllabus 2019 View & Read

  • 1)

    Explain the four sector circular flow model.

  • 2)

    Explain the merits of socialism.

  • 3)

    Explain the Demerits of capitalism.

  • 4)

    Explain the merits of Mixed Economy.

  • 5)

    Explain the three sector model of economy with chart

12th standard economics - Introduction to Macro Economics - by Economics English Medium - New syllabus 2019 View & Read

  • 1)

    The branches of the subject Economics is

  • 2)

    Who coined the word ‘Macro’?

  • 3)

    Who is regarded as Father of Modern Macro Economics

  • 4)

    Indicate the contribution of J M Keynes to economics

  • 5)

    A steady increase in general price level is termed as_____________.

12th standard economics - Introduction to Macro Economics One Marks important questions - by Economics English Medium - New syllabus 2019 View & Read

  • 1)

    The branches of the subject Economics is

  • 2)

    Who coined the word ‘Macro’?

  • 3)

    A steady increase in general price level is termed as_____________.

  • 4)

    Identify the necessity of Economic policies

  • 5)

    Identify the economic system where only private ownership of production exists

12th standard economics - Introduction to Macro Economics Two Marks important questions - by Economics English Medium - New syllabus 2019 View & Read

  • 1)

    Define Macro Economics

  • 2)

    Define the term ‘Inflation

  • 3)

    What is meant by an ‘Economy’?

  • 4)

    What do you mean by Capitalism?

  • 5)

    ‘Circular Flow of Income’ - Define

12th standard economics - Introduction to Macro Economics Three Marks important questions - by Economics English Medium - New syllabus 2019 View & Read

  • 1)

    Describe the different types of economic systems.

  • 2)

    Outline the major merits of capitalism.

  • 3)

    Enumerate the features of mixed economy

  • 4)

    Distinguish between Capitalism and Globalism.

  • 5)

    Briefly explain the two sector circular flow model.

12th standard economics - Introduction to Macro Economics Five Marks important question - by Economics English Medium - New syllabus 2019 View & Read

  • 1)

    Discuss the scope of Macro Economics

  • 2)

    Illustrate the functioning of an economy based on its activities

  • 3)

    Compare the features of capitalism and socialism

  • 4)

    Compare the feature among Capitalism, Secularism and Mixedism

  • 5)

    Explain the four sector circular flow model.

12th standard economics - Introduction to Macro Economics model question paper - by Economics English Medium - New syllabus 2019 View & Read

  • 1)

    The branches of the subject Economics is

  • 2)

    Identify the other name for Macro Economics

  • 3)

    A steady increase in general price level is termed as_____________.

  • 4)

    Identify the necessity of Economic policies

  • 5)

    Economic system representing equality in distribution is _________.

12th Economics - Introduction to Statistical Methods and Econometrics - Two Marks Study Materials - by 8682895000 View & Read

  • 1)

    What is Statistics?

  • 2)

    What are the kinds of Statistics?

  • 3)

    What do you mean by Inferential Statistics?

  • 4)

    What are the kinds of data?

  • 5)

    Define Correlation.

12th Economics - Economics of Development and Planning - Two Marks Study Materials - by 8682895000 View & Read

  • 1)

    Define economic development

  • 2)

    Mention the indicators of development.

  • 3)

    Distinguish between economic growth and development

  • 4)

    What is GNP?

  • 5)

    Define economic planning

12th Economics - Environmental Economics - Two Marks Study Materials - by 8682895000 View & Read

  • 1)

    State the meaning of environment.

  • 2)

    What do you mean by ecosystem?

  • 3)

    Mention the countries where per capita carbondioxide emission is the highest in the world.

  • 4)

    What are environmental goods? Give examples

  • 5)

    What are the remedial measures to control noise pollution?

12th Economics - Fiscal Economics - Two Marks Study Materials - by 8682895000 View & Read

  • 1)

    Define public finance.

  • 2)

    What is public revenue?

  • 3)

    Differentiate tax and fee.

  • 4)

    Write a short note on zero based budget.

  • 5)

    Give two examples for direct tax.

12th Economics - International Economic Organisations - Two Marks Study Materials - by 8682895000 View & Read

  • 1)

    Write the meaning of Special Drawing rights.

  • 2)

    Mention any two objectives of ASEAN.

  • 3)

    Point out any two ways in which IBRD lends to member countries.

  • 4)

    Define Common Market.

  • 5)

    What is Free trade area?

12th Economics - International Economics - Two Marks Study Materials - by 8682895000 View & Read

  • 1)

    What is International Economics?

  • 2)

    Define International trade.

  • 3)

    State any two merits of trade.

  • 4)

    What is the main difference between Adam Smith and Ricardo with regard to the emergence of foreign trade?

  • 5)

    Define Terms of Trade.

12th Economics - Banking - Two Marks Study Materials - by 8682895000 View & Read

  • 1)

    Define Commercial banks.

  • 2)

    What is credit creation?

  • 3)

    Define Central bank.

  • 4)

    Distinguish between CRR and SLR

  • 5)

    Write the meaning of Open market operations

12th Economics - Monetary Economics - Two Marks Study Materials - by 8682895000 View & Read

  • 1)

    Define Money

  • 2)

    What is barter?

  • 3)

    What is commodity money?

  • 4)

    What is gold standard?

  • 5)

    What is plastic money? Give example.

12th Economics - Consumption and Investment Functions - Two Marks Study Materials - by 8682895000 View & Read

  • 1)

    What is consumption function?

  • 2)

    What do you mean by propensity to consume?

  • 3)

    Define average propensity to consume (APC).

  • 4)

    Define marginal propensity to consume (MPC).

  • 5)

    What do you mean by propensity to save?

12th Economics - Theories of Employment and Income - Two Marks Study Materials - by 8682895000 View & Read

  • 1)

    Define full employment.

  • 2)

    What is the main feature of rural unemployment ?

  • 3)

    Give short note on frictional unemployment

  • 4)

    Give reasons for labour retrenchment at present situation

  • 5)

    List out the assumptions of Say’s law.

12th Economics - National Income - Two Marks Study Materials - by 8682895000 View & Read

  • 1)

    Define National Income.

  • 2)

    Write the formula for calculating GNP

  • 3)

    What is the difference between NNP and NDP?

  • 4)

    Trace the relationship between GNP and NNP

  • 5)

    What do you mean by the term ‘Personal Income’?

12th Economics - Introduction to Macro Economics - Two Marks Study Materials - by 8682895000 View & Read

  • 1)

    Define Macro Economics

  • 2)

    Define the term ‘Inflation

  • 3)

    What is meant by an ‘Economy’?

  • 4)

    Classify the economies based on status of development

  • 5)

    What do you mean by Capitalism?

12th Economics - Full Portion Five Marks Questions - by 8682895000 View & Read

  • 1)

    Illustrate the functioning of an economy based on its activities

  • 2)

    Explain the merits of Mixed Economy.

  • 3)

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

  • 4)

    Narrate the equilibrium between ADF and ASF with diagram

  • 5)

    Comparison of Classicism and Keynesianism

12th Economics - Full Portion Three Marks Question Paper - by 8682895000 View & Read

  • 1)

    Enumerate the features of mixed economy

  • 2)

    Briefly explain the two sector circular flow model.

  • 3)

    Explain any two merits of socialism.

  • 4)

    Give short note on Expenditure method

  • 5)

    What is Depreciation?

12th Economics - Full Portion Two Marks Question Paper - by 8682895000 View & Read

  • 1)

    Define the term ‘Inflation

  • 2)

    What do you mean by Capitalism?

  • 3)

    Write the formula for calculating GNP

  • 4)

    Define GDP deflator

  • 5)

    Define full employment.

12th Economics - Public Exam Model Question Paper 2019 - 2020 - by Mani - Pollachi View & Read

  • 1)

    Identify The Father of Socialism

  • 2)

    Assertion (A): The term coined by Manfred D Steger (2002) to denote the new market ideology of globalization.
    Reason (R): The ideology connects nations together through international trade and aiming at global development.

  • 3)

    GNP = _________ + Net factor income from abroad

  • 4)

    Find the missing term in the following equation.
    NNP at factor cost = NNP at Market prices –…………………+ Subsidies

  • 5)

    The component of aggregate demand is__________

12th Economics - Monetary Economics Model Question Paper 1 - by 8682895000 View & Read

  • 1)

    __________inflation results in a serious depreciation of the value of money.

  • 2)

    ___________inflation occurs when general prices of commodities increases due to increase in production costs such as wages and raw materials.

  • 3)

    The study of alternating fluctuations in business activity is referred to in Economics as

  • 4)

    Inflation is taxation without legislation' was said by______

  • 5)

    Barter system was introduced by________

12th Standard Economics - Banking Model Question Paper 1 - by 8682895000 View & Read

  • 1)

    NBFI does not have.

  • 2)

    Central bank is_____ authority of any country.

  • 3)

    ARDC started functioning from

  • 4)

    "Commercial banks are the institutions that make short term loans to business and in the process create money" was said by_______

  • 5)

    Finance is the life blood of all economic activities such as________

12th Standard Economics - International Economics Model Question Paper 1 - by 8682895000 View & Read

  • 1)

    Exchange rates are determined in

  • 2)

    Who among the following enunciated the concept of single factoral terms of trade?

  • 3)

    Cyclical disequilibrium in BOP occurs because of

  • 4)

    _______ includes both visible and invisible items.

  • 5)

    Large __________ are driving out foreign investors.

12th Standard Economics - Fiscal Economics Model Question Paper 1 - by 8682895000 View & Read

  • 1)

    GST is equivalence of

  • 2)

    Which of the following is a direct tax?

  • 3)

    Methods of repayment of public debt is

  • 4)

    Budget estimates are prepared by _____________

  • 5)

    A ________ is a penalty imposed on an individual for violation of law.

12th Standard Economics - Introduction to Statistical Methods and Econometrics Model Question Paper 1 - by 8682895000 View & Read

  • 1)

    A measure of the strength of the linear relationship that exists between two variables is called:

  • 2)

    If both variables X and Y increase or decrease simultaneously, then the coefficient of correlation will be:

  • 3)

    The purpose of simple linear regression analysis is to:

  • 4)

    The raw materials of Econometrics are:

  • 5)

    Evidence from history proves that during the reign of Chandra Gupta Maurya, there existed a system of maintaining ________.

12th Standard Economics - Economics of Development and Planning Model Question Paper 1 - by 8682895000 View & Read

  • 1)

    Economic growth measures the_______

  • 2)

    The supply side vicious circle of poverty suggests that poor nations remain poor because

  • 3)

    Short-term plan is also known as________

  • 4)

    Which is not the characteristics of UDCs?

  • 5)

    Economic development depends on

12th Standard Economics - Environmental Economics Model Question Paper 1 - by 8682895000 View & Read

  • 1)

    One of the most important market failures is caused by __________

  • 2)

    Which one of the following causes of global warming?

  • 3)

    Which of the following is main cause for deforestation?

  • 4)

    __________ gases are released in to the atomssphere during the burning of fossil fuels

  • 5)

    __________ are the particles, and gases out comes during the construction and agricultural activates to affect the air.

12th Standard Economics - International Economic Organisations Model Question Paper 1 - by 8682895000 View & Read

  • 1)

    _______ relates to patents, copyrights, trade secrets, etc.,

  • 2)

    ASEAN meetings are held once in every _______ years

  • 3)

    The Tenth BRICS Summit was held in July 2018 at

  • 4)

    Jakarta is the head quarters of _________.

  • 5)

    Who are the "founding fathers" of both the world bank and the IMF?

12th Standard Economics - Consumption and Investment Functions Model Question Paper 1 - by 8682895000 View & Read

  • 1)

    Lower interest rates are likely to :

  • 2)

    The relationship between total spending on consumption and the total income is the_________

  • 3)

    The multiplier tells us how much __________ changes after a shift in _____

  • 4)

    Decrease in consumption at any given level of income is likely to lead

  • 5)

    If the MPC = 0.6, find MPS

12th Economics - Theories of Employment and Income Model Question Paper 1 - by 8682895000 View & Read

  • 1)

    According to Keynes, which type of unemployment prevails in capitalist economy ?

  • 2)

    Keynes attributes unemployment to__________

  • 3)

    ________ theory is a turning point in the development of modern economic theory.

  • 4)

    Rate of interest is a stock

  • 5)

    'Demand creates its own supply' - who said this.

12th Economics - National Income Model Question Paper 1 - by 8682895000 View & Read

  • 1)

    Expenditure method is used to estimate national income in_______

  • 2)

    Tertiary sector is also called as __________sector

  • 3)

    Per capita income is obtained by dividing the National income by__________

  • 4)

    Percapita Income =

  • 5)

    GDP by expenditure at ________ price.

12th Economics - Introduction to Macro Economics Model Question Paper 1 - by 8682895000 View & Read

  • 1)

    A steady increase in general price level is termed as_____________.

  • 2)

    Indicate the fundamental economic activities of an economy

  • 3)

    The country following Capitalism is ________________

  • 4)

    Identify The Father of Socialism

  • 5)

    A steady fall in general price level is termed as ___________.

12th Economics - Introduction to Statistical Methods and Econometrics Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    Who stated that statistics as a science of estimates and probabilities.

  • 2)

    Sources of secondary data are______

  • 3)

    The term regression was used by:

  • 4)

    A process by which we estimate the value of dependent variable on the basis of one or more independent variables is called

  • 5)

    The raw materials of Econometrics are:

12th Economics - Economics of Development and Planning Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    The supply side vicious circle of poverty suggests that poor nations remain poor because

  • 2)

    Which of the following plan has focused on the agriculture and rural economy

  • 3)

    Short-term plan is also known as________

  • 4)

    Which is not the characteristics of UDCs?

  • 5)

    The first country to introduce Five Year Plan was

12th Economics - Environmental Economics Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    In a pure public good, consumption is ___________

  • 2)

    One of the most important market failures is caused by __________

  • 3)

    The major contributor of Carbon monoxide is

  • 4)

    __________ gases are released in to the atomssphere during the burning of fossil fuels

  • 5)

    __________ are the particles, and gases out comes during the construction and agricultural activates to affect the air.

12th Economics - Fiscal Economics Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    GST is equivalence of

  • 2)

    The direct tax has the following merits except

  • 3)

    "Revenue Receipts" of the Government do not include

  • 4)

    Budget estimates are prepared by _____________

  • 5)

    A ________ is a penalty imposed on an individual for violation of law.

12th Economics - International Economic Organisations Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    Which of the following countries is not a member of SAARC?

  • 2)

    International Development Association is an affiliate of

  • 3)

    ASEAN meetings are held once in every _______ years

  • 4)

    Jakarta is the head quarters of _________.

  • 5)

    The __________ BRICS summit was held in July 2018 at Johannesburg

12th Economics - International Economics Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    Exchange rates are determined in

  • 2)

    Who among the following enunciated the concept of single factoral terms of trade?

  • 3)

    BOP includes

  • 4)

    Comparative cost advantages was developed by

  • 5)

    _______ are determined in foreign exchange rate.

12th Economics - Banking Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    Central bank is_____ authority of any country.

  • 2)

    Who will act as the banker to the Government of India?

  • 3)

    The State Financial Corporation Act was passed by

  • 4)

    Finance is the life blood of all economic activities such as________

  • 5)

    ________is a Financial Institution

12th Economics - Monetary Economics Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    Money is

  • 2)

    ___________inflation occurs when general prices of commodities increases due to increase in production costs such as wages and raw materials.

  • 3)

    The study of alternating fluctuations in business activity is referred to in Economics as

  • 4)

    Inflation is taxation without legislation' was said by______

  • 5)

    Fisher's Quantity theory of Money was first propounded in 1588 by an Italian economist.

12th Economics - Consumption and Investment Functions Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    The sum of the MPC and MPS is___________

  • 2)

    As income increases, consumption will______

  • 3)

    It the MPC is 0.5, the multiplier is ____________

  • 4)

    The term super multiplier was first used by

  • 5)

    Decrease in consumption at any given level of income is likely to lead

12th Economics - Theories of Employment and Income Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    Every able bodied person who is willing to work at the prevailing wage rate is employed called as ___________

  • 2)

    According to Keynes, which type of unemployment prevails in capitalist economy ?

  • 3)

    _________ Flexibility brings equality between saving and investment

  • 4)

    Rate of interest is a stock

  • 5)

    'Rate of interest is a reward for parting with liquidity' - Its belongs to which theory.

12th Economics - National Income Important Questions - by Mani - Pollachi View & Read

  • 1)

    Net National product at factor cost is also known as

  • 2)

    National income is a measure of the__________ performance of an economy

  • 3)

    __________ is deducted from gross value to get the net value

  • 4)

    Percapita Income =

  • 5)

    Net Domestic = GDP - _________.

12th Economics - Introduction to Macro Economics Important Questions - by Mani - Pollachi View & Read

  • 1)

    Indicate the contribution of J M Keynes to economics

  • 2)

    A steady increase in general price level is termed as_____________.

  • 3)

    The country following Capitalism is ________________

  • 4)

    Identify The Father of Socialism

  • 5)

    Micro means __________.

12th Economics - Half Yearly Model Question Paper 2019 - by Mani - Pollachi View & Read

  • 1)

    Who is regarded as Father of Modern Macro Economics

  • 2)

    Planning is an integral part of a Capitalist economy.
    In socialist system, all decisions are undertaken by the central planning authority

  • 3)

    Which of the following amount is available for households for their consumption?

  • 4)

    Every able bodied person who is willing to work at the prevailing wage rate is employed called as ___________

  • 5)

    The natural rate of unemployment equals the sum of those who are:

12th Standard Economics - Term II Model Question Paper - by Jyothi - Dharapuram View & Read

  • 1)

    Who coined the word ‘Macro’?

  • 2)

    The country following Capitalism is ________________

  • 3)

    National income is measured by using_______ methods.

  • 4)

    In disguised unemployment, the marginal productivity of labour is _________

  • 5)

    If the Keynesian consumption function is C=10+0.8 Y then, and disposable income is Rs.100, what is the average propensity to consume?

12th Standard Economics - Introduction to Statistical Methods and Econometrics Model Question Paper - by Jyothi - Dharapuram View & Read

  • 1)

    The word 'statistics' is used as _______

  • 2)

    A measure of the strength of the linear relationship that exists between two variables is called:

  • 3)

    If both variables X and Y increase or decrease simultaneously, then the coefficient of correlation will be:

  • 4)

    The term regression was used by:

  • 5)

    A process by which we estimate the value of dependent variable on the basis of one or more independent variables is called

12th Standard Economics - Economics of Development and Planning Model Question Paper - by Jyothi - Dharapuram View & Read

  • 1)

    "Redistribution with Growth" became popular slogan under which approach?

  • 2)

    Which of the following plan has focused on the agriculture and rural economy

  • 3)

    Which of the following country adopts indicative planning?

  • 4)

    Long-term plan is also known as_______

  • 5)

    The basic philosophy behind long-term planning is to bring _______changes in the economy?

12th Economics - Environmental Economics Model Question Paper - by Jyothi - Dharapuram View & Read

  • 1)

    The term environment has been derived from a French word _________

  • 2)

    The word biotic means environment

  • 3)

    In a pure public good, consumption is ___________

  • 4)

    The major contributor of Carbon monoxide is

  • 5)

    Which one of the following causes of global warming?

12th Standard Economics - Fiscal Economics Model Question Paper - by Jyothi - Dharapuram View & Read

  • 1)

    The modern state is

  • 2)

    GST is equivalence of

  • 3)

    The direct tax has the following merits except

  • 4)

    "Revenue Receipts" of the Government do not include

  • 5)

    The primary purpose of deficit financing is

12th Standard Economics - International Economic Organisations Model Question Paper - by Jyothi - Dharapuram View & Read

  • 1)

    International Development Association is an affiliate of

  • 2)

    _______ relates to patents, copyrights, trade secrets, etc.,

  • 3)

    ASEAN meetings are held once in every _______ years

  • 4)

    The headquarters of ASEAN is

  • 5)

    New Development Bank is associated with

12th Standard Economics - International Economics Model Question Paper - by Jyothi - Dharapuram View & Read

  • 1)

    Trade between two countries is known as ____ trade

  • 2)

    International trade differs from domestic trade because of

  • 3)

    Which of the following is a modern theory of international trade?

  • 4)

    Exchange rates are determined in

  • 5)

    Net export equals _______.

12th Standard Economics - International Economics Three Marks Questions - by Mani - Pollachi View & Read

  • 1)

    Describe the subject matter of International Economics.

  • 2)

    Compare the Classical Theory of international trade with Modern Theory of International trade.

  • 3)

    Explain the Net Barter Terms of Trade and Gross Barter Terms of Trade.

  • 4)

    Distinguish between Balance of Trade and Balance of Payments.

  • 5)

    What are import quotas?

12th Standard Economics - International Economic Organisations Three Marks Questions - by Mani - Pollachi View & Read

  • 1)

    Mention the various forms of economic integration.

  • 2)

    What are trade blocks?

  • 3)

    Mention any three lending programmes of IMF.

  • 4)

    What is Multilateral Agreement?

  • 5)

    Write the agenda ofBRICS Summit, 2018.

12th Economics - Fiscal Economics Three Marks Questions - by Mani - Pollachi View & Read

  • 1)

    Describe Canons of Taxation.

  • 2)

    Mention any three similarities between public finance and private finance.

  • 3)

    What are the functions of a modern state?

  • 4)

    State any three characteristics of taxation.

  • 5)

    Point out any three differences between direct tax and indirect tax.

12th Economics - Environmental Economics Three Marks Questions - by Mani - Pollachi View & Read

  • 1)

    Brief the linkage between economy and environment.

  • 2)

    Specify the meaning of material balance principle

  • 3)

    Explain different types of air pollution.

  • 4)

    What are the causes of water pollution?

  • 5)

    State the meaning of e-waste.

12th Economics - Introduction to Statistical Methods and Econometrics Three Marks Questions - by Mani - Pollachi View & Read

  • 1)

    What are the functions of Statistics?

  • 2)

    Find the Standard Deviation of the following data:14,22,9,15.20,17,12.11

  • 3)

    State and explain the different kinds of Correlation

  • 4)

    Mention the uses of Regression Analysis

  • 5)

    Specify the objectives of econometrics.

12th Economics - Economics of Development and Planning Three Marks Questions - by Mani - Pollachi View & Read

  • 1)

    Elucidate major causes of vicious circle of poverty with diagram

  • 2)

    What are the non-economic factors determining development?

  • 3)

    How would you break the vicious circle of poverty?

  • 4)

    Trace the evolution of economic planning in India.

  • 5)

    Describe the case for planning

12th Economics - Banking Three Marks Questions - by Mani - Pollachi View & Read

  • 1)

    Write the mechanism of credit creation by commercial banks.

  • 2)

    Give a brief note on NBFI.

  • 3)

    Bring out the methods of credit control

  • 4)

    What are the functions of NABARD?

  • 5)

    Specify the functions of IFCI.

12th Standard Economics - Banking Model Question Paper - by Jyothi - Dharapuram View & Read

  • 1)

    A Bank is a

  • 2)

    Who will act as the banker to the Government of India?

  • 3)

    Moral suasion refers.

  • 4)

    EXIM bank was established in.

  • 5)

    Online Banking is also known as.

12th Standard Economics - Monetary Economics Model Question Paper - by Jyothi - Dharapuram View & Read

  • 1)

    The RBI Headquarters is located at

  • 2)

    MV stands for

  • 3)

    ___________inflation occurs when general prices of commodities increases due to increase in production costs such as wages and raw materials.

  • 4)

    Stagflation combines the rate of inflation with

  • 5)

    When prices rise slowly, we call it

12th Standard Economics - Consumption and Investment Functions Model Question Paper - by Jyothi - Dharapuram View & Read

  • 1)

    The average propensity to consume is measured by

  • 2)

    If the Keynesian consumption function is C=10+0.8 Y then, and disposable income is Rs.100, what is the average propensity to consume?

  • 3)

    Lower interest rates are likely to :

  • 4)

    The sum of the MPC and MPS is___________

  • 5)

    As income increases, consumption will______

12th Standard Economics - Theories of Employment and Income Model Question Paper - by Jyothi - Dharapuram View & Read

  • 1)

    Every able bodied person who is willing to work at the prevailing wage rate is employed called as ___________

  • 2)

    J.B. Say is a ___________

  • 3)

    The core of the classical theory of employment is____________

  • 4)

    _________ Flexibility brings equality between saving and investment

  • 5)

    According to classical theory, rate of interest is a reward for __________

12th Standard Economics - Monetary Economics 3 Marks Questions - by Mani - Pollachi View & Read

  • 1)

    Write a note on metallic money

  • 2)

    What is money supply?

  • 3)

    What are the determinants of money supply?

  • 4)

    Write the types of inflation

  • 5)

    Explain Demand-pull and Cost push inflation.

12th Standard Economics - Consumption and Investment Functions Three Marks Questions - by Mani - Pollachi View & Read

  • 1)

    State the propositions of Keynes’s Psychological Law of Consumption

  • 2)

    Differentiate autonomous and induced investment.

  • 3)

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

  • 4)

    Mention the differences between accelerator and multiplier effect 

  • 5)

    State the concept of super multiplier

12th Standard Economics - Theories of Employment and Income Three Marks Questions - by Mani - Pollachi View & Read

  • 1)

    According to classical theory of employment, how wage reduction solve the problem of unemployment diagramatically explain.

  • 2)

    Explain Keynes’ theory in the form of flow chart

  • 3)

    What do you mean by aggregate demand ? Mention its components

  • 4)

    Explain about aggregate supply with the help of diagram.

  • 5)

    Explain the classical theory about unemployment?

12th Economics - National Income Three Marks Questions - by Mani - Pollachi View & Read

  • 1)

    Write a short note on per capita income

  • 2)

    Differentiate between personal and disposable income.

  • 3)

    Explain briefly NNP at factor cost.

  • 4)

    Give short note on Expenditure method

  • 5)

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

12th Economics - Introduction to Macro Economics Three Marks Questions - by Mani - Pollachi View & Read

  • 1)

    State the importance of Macro Economics

  • 2)

    Describe the different types of economic systems.

  • 3)

    Outline the major merits of capitalism.

  • 4)

    Indicate the demerits of socialism

  • 5)

    Enumerate the features of mixed economy

12th Standard Economics - National Income Model Question Paper - by Jyothi - Dharapuram View & Read

  • 1)

    Net National product at factor cost is also known as

  • 2)

    Tertiary sector is also called as __________sector

  • 3)

    NNP stands for___________

  • 4)

    The average income of the country is________

  • 5)

    The largest proportion of national income comes from___________

12th Standard Economics - Introduction to Macro Economics Model Question Paper - by Jyothi - Dharapuram View & Read

  • 1)

    The branches of the subject Economics is

  • 2)

    A steady increase in general price level is termed as_____________.

  • 3)

    Indicate the fundamental economic activities of an economy

  • 4)

    Who is referred as ‘Father of Capitalism’?

  • 5)

    Quantity of a commodity accumulated at a point of time is termed as ____________..

12th Economics Quarterly Exam Question Paper 2019 - by Mani - Pollachi View & Read

12th Economics - Introduction to Statistical Methods and Econometric Two Marks Questions - by Mani - Pollachi View & Read

  • 1)

    What are the kinds of Statistics?

  • 2)

    What do you mean by Inferential Statistics?

  • 3)

    What are the kinds of data?

  • 4)

    Write brief note on Statistics and Medicine.

  • 5)

    List the major differences between Descriptive Statistics and Inferential Statistics

12th Economics - Economics of Development and Planning Two Marks Questions - by Mani - Pollachi View & Read

  • 1)

    Define economic development

  • 2)

    Mention the indicators of development.

  • 3)

    Distinguish between economic growth and development

  • 4)

    Define economic planning

  • 5)

    What are the social indicators of economic development?

12th Economics - Environmental Economics Two Marks Questions - by Mani - Pollachi View & Read

  • 1)

    State the meaning of environment.

  • 2)

    What do you mean by ecosystem?

  • 3)

    What are environmental goods? Give examples

  • 4)

    What are the remedial measures to control noise pollution?

  • 5)

    Define Global warming.

12th Economics - International Economic Organisations Two Marks Questions - by Mani - Pollachi View & Read

  • 1)

    Write the meaning of Special Drawing rights.

  • 2)

    Mention any two objectives of ASEAN.

  • 3)

    Point out any two ways in which IBRD lends to member countries.

  • 4)

    Define Common Market.

  • 5)

    What is Free trade area?

12th Economics - Term 1 Model Question Paper - by Jyothi - Dharapuram View & Read

  • 1)

    Identify the other name for Macro Economics

  • 2)

    Macro economics is a study of_________

  • 3)

    Primary sector is ________

  • 4)

    J.B. Say is a ___________

  • 5)

    The average propensity to consume is measured by

12th Economics - Fiscal Economics Two Marks Question - by Mani - Pollachi View & Read

  • 1)

    Define public finance.

  • 2)

    What is public revenue?

  • 3)

    Differentiate tax and fee.

  • 4)

    Write a short note on zero based budget.

  • 5)

    Give two examples for direct tax.

12th Economics - International Economics Two Marks Question - by Mani - Pollachi View & Read

  • 1)

    What is International Economics?

  • 2)

    Define International trade.

  • 3)

    State any two merits of trade.

  • 4)

    What is the main difference between Adam Smith and Ricardo with regard to the emergence of foreign trade?

  • 5)

    Define Terms of Trade.

12th Economics - Banking Two Marks Question - by Mani - Pollachi View & Read

  • 1)

    Define Commercial banks.

  • 2)

    What is credit creation?

  • 3)

    Define Central bank.

  • 4)

    Distinguish between CRR and SLR

  • 5)

    Write the meaning of Open market operations

12th Economics - Monetary Economics Two Marks Question - by Mani - Pollachi View & Read

  • 1)

    Define Money

  • 2)

    What is barter?

  • 3)

    What is gold standard?

  • 4)

    What is plastic money? Give example.

  • 5)

    Define inflation.

12th Economics Chapter 4 Consumption and Investment Functions Two Marks Question - by Mani - Pollachi View & Read

  • 1)

    What is consumption function?

  • 2)

    What do you mean by propensity to consume?

  • 3)

    Define average propensity to consume (APC).

  • 4)

    Define Marginal Propensity to Save (MPS).

  • 5)

    Define Multiplier.

12th Economics - Term 1 Five Mark Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    Compare the feature among Capitalism, Secularism and Mixedism

  • 2)

    Explain the importance of national income

  • 3)

    Describe the types of unemployment

  • 4)

    Explain the operation of the Accelerator

  • 5)

    Explain the functions of money

12th Standard Economics Chapter 1 Introduction to Macro Economics Two Marks Questions - by Mani - Pollachi View & Read

  • 1)

    Define Macro Economics

  • 2)

    Define the term ‘Inflation

  • 3)

    What do you mean by Capitalism?

  • 4)

    ‘Circular Flow of Income’ - Define

  • 5)

    Write any three merits of capitalism.

12th Standard Economics - National Income Two Marks Questions - by Mani - Pollachi View & Read

  • 1)

    Define National Income.

  • 2)

    Trace the relationship between GNP and NNP

  • 3)

    What do you mean by the term ‘Personal Income’?

  • 4)

    Why is self consumption difficult in measuring national income?

  • 5)

    What are the basic concepts for measuring national income?

12th Economics Unit 3 Theories of Employment and Income Two Marks Questions - by Mani - Pollachi View & Read

  • 1)

    Define full employment.

  • 2)

    What is the main feature of rural unemployment ?

  • 3)

    Give short note on frictional unemployment

  • 4)

    List out the assumptions of Say’s law.

  • 5)

    What is effective demand ?

12th Economics Quarterly Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    A steady increase in general price level is termed as_____________.

  • 2)

    An economic system where the economic activities of a nation are done both by the private and public together is termed as__________

  • 3)

    ________ is a combination of both capitalism and socialism.

  • 4)

    Find the odd one out

  • 5)

    Per capita income is obtained by dividing the National income by__________

TN 12th Standard Economics Official Model Question Paper 2019 - 2020 - by Mani - Pollachi View & Read

12th Economics - Environmental Economics Book Back Questions - by Mani - Pollachi View & Read

  • 1)

    The term environment has been derived from a French word _________

  • 2)

    One of the most important market failures is caused by __________

  • 3)

    The major contributor of Carbon monoxide is

  • 4)

    Global warming also refers to as

  • 5)

    Which of the following is the anticipated effect of Global warming?

12th Standard Economics - Economics of Development and Planning Book Back Questions - by Mani - Pollachi View & Read

  • 1)

    Economic growth measures the_______

  • 2)

    The supply side vicious circle of poverty suggests that poor nations remain poor because

  • 3)

    Which of the following plan has focused on the agriculture and rural economy

  • 4)

    M.N. Roy was associated with_______

  • 5)

    Long-term plan is also known as_______

12th Economics - Introduction to Statistical Methods and Econometrics Book Back Questions - by Mani - Pollachi View & Read

  • 1)

    The word 'statistics' is used as _______

  • 2)

    Sources of secondary data are______

  • 3)

    If the points on the scatter diagram indicate that as one variable increases the other variable tends to decrease the value of r will be:

  • 4)

    In the regression equation \(Y={ \beta }_{ \alpha }+{ \beta }_{ 1 }{ X }_{ , }\)the Y is called:

  • 5)

    In the regression equation \(X={ \beta }_{ 0 }+{ \beta }_{ 1 }{ X }_{ , }\) the X is called:

12th Standard Economics - Fiscal Economics Book Back Questions - by Mani - Pollachi View & Read

  • 1)

    GST is equivalence of

  • 2)

    The direct tax has the following merits except

  • 3)

    Which of the following is not a tax under Union list?

  • 4)

    "Revenue Receipts" of the Government do not include

  • 5)

    The difference between revenue expenditure and revenue receipts is

12th Standard Economics - International Economic Organisations Book Back Questions - by Mani - Pollachi View & Read

  • 1)

    International Monetary Fund was an outcome of

  • 2)

    International Development Association is an affiliate of

  • 3)

    _______ relates to patents, copyrights, trade secrets, etc.,

  • 4)

    ASEAN meetings are held once in every _______ years

  • 5)

    Which of the following is not the member of SAARC?

12th Standard Economics Chapter 7 International Economics Book Back Questions - by Mani - Pollachi View & Read

  • 1)

    Trade between two countries is known as ____ trade

  • 2)

    Exchange rates are determined in

  • 3)

    Who among the following enunciated the concept of single factoral terms of trade?

  • 4)

    Favourable trade means value of exports are ________ Than that of imports.

  • 5)

    Components of balance of payments of a country includes

12th Standard Economics Chapter 6 Banking Book Back Questions - by Mani - Pollachi View & Read

  • 1)

    A Bank is a

  • 2)

    Central bank is_____ authority of any country.

  • 3)

    Bank Rate means.

  • 4)

    Moral suasion refers.

  • 5)

    NABARD was set up in

12th Standard Economics - Monetary Economics Book Back Questions - by Mani - Pollachi View & Read

  • 1)

    The RBI Headquarters is located at

  • 2)

    Inflation means

  • 3)

    ___________inflation occurs when general prices of commodities increases due to increase in production costs such as wages and raw materials.

  • 4)

    Stagflation combines the rate of inflation with

  • 5)

    “Money can be anything that is generally acceptable as a means of exchange and that thesame time acts as a measure and a store of value”, This definition was given by

12th Standard Economics - Theories of Employment and Income Book Back Questions - by Mani - Pollachi View & Read

  • 1)

    Every able bodied person who is willing to work at the prevailing wage rate is employed called as ___________

  • 2)

    The core of the classical theory of employment is____________

  • 3)

    _________ Flexibility brings equality between saving and investment

  • 4)

    ________ theory is a turning point in the development of modern economic theory.

  • 5)

    The basic concept used in Keynes Theory of Employment and Income is__________

12th Standard Economics - Consumption and Investment Functions Book Back Questions - by Mani - Pollachi View & Read

  • 1)

    The average propensity to consume is measured by

  • 2)

    As increase in consumption at any given level of income is likely to lead

  • 3)

    Lower interest rates are likely to :

  • 4)

    As income increases, consumption will______

  • 5)

    When investment is assumed autonomous the slope of the AD schedule is determined by the______

12th Standard Economics Unit 2 National Income Book Back Questions - by Mani - Pollachi View & Read

  • 1)

    Expenditure method is used to estimate national income in_______

  • 2)

    Tertiary sector is also called as __________sector

  • 3)

    GNP = _________ + Net factor income from abroad

  • 4)

    The financial year in India is__________

  • 5)

    PQLI is the indicator of_____________

12th Standard Economics - Introduction to Macro Economics Book Back Questions - by Mani - Pollachi View & Read

  • 1)

    An economic system where the economic activities of a nation are done both by the private and public together is termed as__________

  • 2)

    Quantity of a commodity accumulated at a point of time is termed as ____________..

  • 3)

    Identify the flow variable

  • 4)

    Identify the sectors of a Two Sector Model.

  • 5)

    The Circular Flow Model that represents an open Economy

12th Standard Economics Unit 9 Fiscal Economics One Mark Question and Answer - by Mani - Pollachi View & Read

  • 1)

    The modern state is

  • 2)

    One of the following is NOT a feature of private finance

  • 3)

    GST is equivalence of

  • 4)

    The old and popular term of Fiscal Economics is called _____________

  • 5)

    Public finance is related to the financing of the ___________ activities.

12th Standard Economics Unit 8 International Economic Organisations One Mark Question and Answer - by Mani - Pollachi View & Read

  • 1)

    International Monetary Fund was an outcome of

  • 2)

    International Monetary Fund is having its headquarters at

  • 3)

    International Development Association is an affiliate of

  • 4)

    World Bank Group

  • 5)

    Jakarta is the head quarters of _________.

12th Standard Economics - International Economics One Mark Question and Answer - by Mani - Pollachi View & Read

  • 1)

    Trade between two countries is known as ____ trade

  • 2)

    Which of the following factors influence trade?

  • 3)

    Exchange rates are determined in

  • 4)

    Exchange rate for currencies is determined by supply a!ld demand under the-system of

  • 5)

    International trade was developed by

12th Economics Chapter 6 Banking One Mark Question and Answer - by Mani - Pollachi View & Read

  • 1)

    NBFI does not have.

  • 2)

    Central bank is_____ authority of any country.

  • 3)

    Who will act as the banker to the Government of India?

  • 4)

    Credit creation means the________

  • 5)

    "Commercial banks are the institutions that make short term loans to business and in the process create money" was said by_______

12th Economics Chapter 5 Monetary Economics One Mark Question and Answer - by Mani - Pollachi View & Read

  • 1)

    The RBI Headquarters is located at

  • 2)

    Money is

  • 3)

    Money supply means the total amount of money in_____

  • 4)

    In India, currency notes are issued by the_______

  • 5)

    The symbol of India rupee came into use on________

12th Economics Chapter 4 Consumption and Investment Functions One Mark Question and Answer - by Mani - Pollachi View & Read

  • 1)

    The average propensity to consume is measured by

  • 2)

    An increase in the marginal propensity to consume will:

  • 3)

    As increase in consumption at any given level of income is likely to lead

  • 4)

    If the Keynesian consumption function is C = 10 + 0.5Y then, and disposable income is 100, what is the average propensity to consume?

  • 5)

    Decrease in consumption at any given level of income is likely to lead

12th Standard Economics Unit 3 Theories of Employment and Income One Mark Question and Answer - by Mani - Pollachi View & Read

  • 1)

    Every able bodied person who is willing to work at the prevailing wage rate is employed called as ___________

  • 2)

    According to Keynes, which type of unemployment prevails in capitalist economy ?

  • 3)

    The core of the classical theory of employment is____________

  • 4)

    Keynes attributes unemployment to__________

  • 5)

    ________ theory is a turning point in the development of modern economic theory.

12th Standard Economics Chapter 2 National Income One Mark Question Paper - by Mani - Pollachi View & Read

  • 1)

    Which is the largest figure?

  • 2)

    Tertiary sector is also called as __________sector

  • 3)

    Per capita income is obtained by dividing the National income by__________

  • 4)

    NNP stands for___________

  • 5)

    When net factor income from abroad is deducted from NNP, the net value is__________

12th Economics Introduction to Macro Economics One Mark Question Paper - by Mani - Pollachi View & Read

  • 1)

    The branches of the subject Economics is

  • 2)

    A steady increase in general price level is termed as_____________.

  • 3)

    Identify the necessity of Economic policies

  • 4)

    An economy consists of

  • 5)

    Identify the economic system where only private ownership of production exists

12th Economics International Economic Organisations Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    Which of the following countries is not a member of SAARC?

  • 2)

    ASEAN meetings are held once in every _______ years

  • 3)

    New Development Bank is associated with

  • 4)

    Head quarters of BRICS is in

  • 5)

    The Bretton Woods conference proposal IMF, World Bank and International Trade Organisation (ITO) in ________.

12th Economics International Economics Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    Which of the following is a modern theory of international trade?

  • 2)

    Net export equals _______.

  • 3)

    If there is an imbalance in the trade balance (more imports than exports), it can be reduced by

  • 4)

    Which of the following is not an example of foreign direct investment?

  • 5)

    International trade was developed by

12th Standard Economics Chapter 6 Banking Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    A Bank is a

  • 2)

    A Commercial Bank is an institutions that provides services

  • 3)

    Central bank is_____ authority of any country.

  • 4)

    Repo Rate means.

  • 5)

    Monetary policy his formulated by.

12th Standard Economics Chapter 5 Monetary Economics Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    Inflation means

  • 2)

    ___________inflation occurs when general prices of commodities increases due to increase in production costs such as wages and raw materials.

  • 3)

    The study of alternating fluctuations in business activity is referred to in Economics as

  • 4)

    When prices are raised drastically(rapidly) we call it

  • 5)

    Inflation is taxation without legislation' was said by______

12th Standard Economics First Mid Term Model Question Paper - by Mani - Pollachi View & Read

  • 1)

    The branches of the subject Economics is

  • 2)

    Who is regarded as Father of Modern Macro Economics

  • 3)

    Percapita Income =

  • 4)

    Who was the Nobel laureate first introduced the concept of national income?

  • 5)

    The main concention of the Classical Economic Theory is____________

12th Standard Economics Chapter 4 Consumption and Investment Functions Important Question Paper - by Mani - Pollachi View & Read

  • 1)

    The average propensity to consume is measured by

  • 2)

    As increase in consumption at any given level of income is likely to lead

  • 3)

    The relationship between total spending on consumption and the total income is the_________

  • 4)

    If the Keynesian consumption function is C = 10 + 0.5Y then, and disposable income is 100, what is the average propensity to consume?

  • 5)

    Decrease in consumption at any given level of income is likely to lead

12th Standard Economics Chapter 3 Theories of Employment and Income Important Question Paper - by Mani - Pollachi View & Read

  • 1)

    According to Keynes, which type of unemployment prevails in capitalist economy ?

  • 2)

    The core of the classical theory of employment is____________

  • 3)

    Keynes attributes unemployment to__________

  • 4)

    Full employment as "that level of employment at which any further increase in spending would resort in an inflationary spiral of wages and prices" who quote this above concept.

  • 5)

    Rate of interest is a stock

12th Economics Unit 2 National Income Important Questions - by Mani - Pollachi View & Read

  • 1)

    Net National product at factor cost is also known as

  • 2)

    Primary sector is ________

  • 3)

    Expenditure method is used to estimate national income in_______

  • 4)

    Value of output =

  • 5)

    Percapita Income =

12th Economics - Chapter 1 Important Question Paper - by Mani - Pollachi View & Read

  • 1)

    The branches of the subject Economics is

  • 2)

    Who coined the word ‘Macro’?

  • 3)

    Who is regarded as Father of Modern Macro Economics

  • 4)

    Macro economics is a study of_________

  • 5)

    Indicate the contribution of J M Keynes to economics

Important two mark questions - by Economics English Medium - New syllabus 2019 View & Read

  • 1)

    Define Macro Economics

  • 2)

    Define the term ‘Inflation

  • 3)

    What do you mean by Capitalism?

  • 4)

    Define ‘Economic Model"

  • 5)

    What is meant by an ‘Economy’?

model question paper chapter one economics - by Economics English Medium - New syllabus 2019 View & Read

  • 1)

    The branches of the subject Economics is

  • 2)

    Who coined the word ‘Macro’?

  • 3)

    Who is regarded as Father of Modern Macro Economics

  • 4)

    Identify the other name for Macro Economics

  • 5)

    Macro economics is a study of_________