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

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_________