### 11th Standard Economics Study material & Free Online Practice Tests - View Model Question Papers with Solutions for Class 11 Session 2020 - 2021 TN Stateboard [ Chapter , Marks , Book Back, Creative & Term Based Questions Papers - Syllabus, Study Materials, MCQ's Practice Tests etc..]

#### 11th Standard Economics English Medium Free Online Test Book Back One Mark Questions - by Question Bank Software - View & Read

• 1)

'Economics is a study of mankind in the ordinary business of life' - It is the statement of

• 2)

Pick the odd one out

• 3)

The primary factors of production are:

• 4)

Cost refers to _____.

• 5)

In which of the following is not a type of market structure price will be very high?

#### 11th Standard Economics English Medium Free Online Test Book Back 1 Mark Questions with Answer Key - by Question Bank Software - View & Read

• 1)

The basic problem studied in Economics is

• 2)

Choice is always constrained or limited by the _______ of our resources.

• 3)

The man-made physical goods used to produce other goods and services are referred to as

• 4)

Cost functions are also known as _____ function.

• 5)

Equilibrium condition of a firm is ___________

#### 11th Standard Economics English Medium Free Online Test Book Back One Mark Questions - Part Two - by Question Bank Software - View & Read

• 1)

"Economics is a science" The basis of this statement is ______

• 2)

Given potential price is Rs. 250 and the actual price is Rs. 200. Find the consumer surplus.

• 3)

Cobb - Douglas production function assumes

• 4)

Gandhian Economics is based on the Principle

• 5)

Tenth five year plan period was ___________ .

#### 11th Standard Economics English Medium Free Online Test Book Back 1 Mark Questions with Answer Key - Part Two - by Question Bank Software - View & Read

• 1)

Producer's equilibrium is achieved at the point where:

• 2)

Revenue received from the sale of additional unit is termed as _____ revenue.

• 3)

In monopolistic competition, the essential feature is ____________

• 4)

Profit is the reward for

• 5)

Ambedkar the problem studied by in the context of Indian Economy is__________

#### 11th Standard Economics English Medium Free Online Test Book Back One Mark Questions - Part Three - by Question Bank Software - View & Read

• 1)

The concept of elasticity of demand was intorduced by

• 2)

Product obtained from additional factors of production is termed as

• 3)

• 4)

Residual Claimant Theory is propounded by

• 5)

Who introduced the National Development Council in India?

#### 11th Standard Economics English Medium Free Online Test Book Back 1 Mark Questions with Answer Key - Part Three - by Question Bank Software - View & Read

• 1)

Who is the father of Economics?

• 2)

Marginal utility is measured by using the formula of

• 3)

Formula for calculating AP is

• 4)

Money cost is also known as _____ cost.

• 5)

Which of the following is a feature of monopolistic competition?

#### 11th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - by Question Bank Software - View & Read

• 1)

'Nomos' means

• 2)

In the absence of consumption there can be no_________.

• 3)

Consumer surplus is highest in the case_____________.

• 4)

Labour cannot be separated from

• 5)

When AR remains constant MR is also ____.

#### 11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - by Question Bank Software - View & Read

• 1)

TR = __________

• 2)

A final shape to the 'Indifference Curve Analysis' was given by ______

• 3)

The long run production is analysed by using two concept _____________ and ______________

• 4)

Fixed cost is also called as _____.

• 5)

The imperfect competition was propounded in America by ___________

#### 11th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - Part Two - by Question Bank Software - View & Read

• 1)

Capital good also called ________.

• 2)

Under perfect competition. The demand curve is

• 3)

The cost which is never zero even when production is stopped is called ________ cost.

• 4)

The land which yields rent is called ______________.

• 5)

Indian Railways Provide Wi-Fi Facility First in India is.

#### 11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - Part Two - by Question Bank Software - View & Read

• 1)

Who is the author of the book "An essay on the nature and significance of economic science?

• 2)

The famous 'diamond - water paradox' was explained by _______

• 3)

Production refers to

• 4)

MC=MR is ___________

• 5)

Who is the aurhor of agio theory of Interest?

#### 11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - Part Five - by Question Bank Software - View & Read

• 1)

The deductive method is also known as ________.

• 2)

There are __________ kinds of elasticity of demand.

• 3)

Exertion of body or mind

• 4)

Profit is a called

• 5)

The author of liquidity preference theory is_____________.

#### 11th Standard Economics Introduction to Micro-Economics English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

• 1)

'Economics is a study of mankind in the ordinary business of life' - It is the statement of

• 2)

Macro means

• 3)

What is the name for money Income.

• 4)

Economic is a ___________ .

• 5)

According to Adam Smith "Economics as the science of"

#### 11th Standard Economics Consumption Analysis English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

• 1)

Gossen's first law is known as

• 2)

The concept of consumer's surplus is associated with

• 3)

Indifference curve approach is based on

• 4)

According to the law of diminishing marginal utility, the utility from the consumption of each additional unit starts _____

• 5)

The concept of consumers surplus was introduced by ____

#### 11th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - Part Three - by Question Bank Software - View & Read

• 1)

The book "An essay on the Nature and significance of economic science" writen by.

• 2)

The cardinal utility approach was criticised by the English Economist

• 3)

Labour cannot be separated from

• 4)

When price elasticity of demand is less than one, MR is negative and TR is _____________

• 5)

____________money is held to meet an unforeseen expenditure.

#### 11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - Part Three - by Question Bank Software - View & Read

• 1)

According to Adam Smith "Economics as the science of"

• 2)

The indifference curve approach is based on the concept

• 3)

Who are interested in enlarging the scale of production of their commodities.

• 4)

Population growth rate in India is as high as ______

• 5)

_____________remove regional disparities industrializing rural and backward areas.

#### 11th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - Part Four - by Question Bank Software - View & Read

• 1)

Economics is a _______science

• 2)

Production is the process of transformation of inputs into_______________.

• 3)

The law of Diminishing Marginal utility called as

• 4)

__________ represent Human capital.

• 5)

Land is _________ in supply.

#### 11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - Part Four - by Question Bank Software - View & Read

• 1)

Environmental economics is a study of inter disciplinary tools for the problems of____

• 2)

Economic laws can be derived by____________.

• 3)

The total area under the demand curve of a product measure______________.

• 4)

The changing agent of the society is called______________.

• 5)

Find out the Real Cost

#### 11th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - Part Five - by Question Bank Software - View & Read

• 1)

In which year Adam Smith published "The Wealth of Nations"

• 2)

The total area under the demand curve of a product measure______________.

• 3)

At what point is the marginal product maximum?

• 4)

MC curve is a ____ shaped curve.

• 5)

MC = MR is

#### 11th Standard Economics Introduction to Micro-Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

• 1)

The basic problem studied in Economics is

• 2)

"Economics studies human behaviour as a relationship between ends and scarce means which have alternative uses" is the definition of economics of

• 3)

"Economics is a science" The basis of this statement is ______

• 4)

A market is

• 5)

'Nomos' means

#### 11th Standard Economics Consumption Analysis English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

• 1)

Pick the odd one out

• 2)

The basis for the law of demand is related to

• 3)

Given potential price is Rs. 250 and the actual price is Rs. 200. Find the consumer surplus.

• 4)

The concept of elasticity of demand was intorduced by

• 5)

A consumer is in equilibrium when marginal utilities from two goods are

#### 11th Standard Economics Production Analysis English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

• 1)

The man-made physical goods used to produce other goods and services are referred to as

• 2)

The short-run production is studied through

• 3)

Modern economists have propounded the law of

• 4)

The relationship between the price of a commodity and the supply of commodity is

• 5)

_____________ said that 'exertion of body or mind' results in labour.

#### 11th Standard Economics Production Analysis English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

• 1)

Which factor is called the changing agent of the Society

• 2)

The relationship between the price of a commodity and the supply of commodity is

• 3)

__________is the other name given for factor of production.

• 4)

__________ represent Human capital.

• 5)

Accumulation of more and more physical capital is called ________________

#### 11th Standard Economics Cost and Revenue Analysis English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

• 1)

Cost refers to _____.

• 2)

Money cost is also known as _____ cost.

• 3)

Wage is an example for _____ cost of the production.

• 4)

Identify the formula of estimating average cost.

• 5)

Long-run average cost curve is also called as _____ curve.

#### 11th Standard Economics Cost and Revenue Analysis English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

• 1)

Cost functions are also known as _____ function.

• 2)

The cost that varies with the level of output is termed as _____ cost.

• 3)

The cost per unit of output is denoted by _____ cost.

• 4)

Revenue received from the sale of products is known as _____ revenue.

• 5)

Find total fixed cost where TC = 500 and TVC= 100.

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Eight - by Question Bank Software - View & Read

• 1)

A most refined form of the concept of consumer's surplus was given by

• 2)

The long-run production function is explained by

• 3)

__________ represent Human capital.

• 4)

Land is _________ in supply.

• 5)

TC = _____.

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Six - by Question Bank Software - View & Read

• 1)

Who is regard Economics as a "dismal science", "pig science".

• 2)

The book titled "The General Theory of Employment, interest and money" was published by

• 3)

_____ does Px denotes.

• 4)

Consumer's surplus was first mentioned by _________.

• 5)

The rate of change in quantity demand due to a given change in price known as

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Six - by Question Bank Software - View & Read

• 1)

Which theory is generally included under micro economics?

• 2)

Who assumed that "utility is measurable".

• 3)

__________are the basis for human behavior to buy and consume goods.

• 4)

The indifference curve approach is based on the concept

• 5)

Who are interested in enlarging the scale of production of their commodities.

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Seven - by Question Bank Software - View & Read

• 1)

The equilibrium price is the price at which

• 2)

Economics is a _______science

• 3)

The concept of net economic welfare has been given by

• 4)

Marginal utility analysis is based on __________ .

• 5)

The Cobb-Douglas Production function was developed by ________________

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Seven - by Question Bank Software - View & Read

• 1)

The equilibrium price is the price at which

• 2)

The concept of consumer's surplus is associated with

• 3)

Cobb - Douglas production function assumes

• 4)

India bags the ___ in terms of nominal gross domestic product.

• 5)

Give an example for main gold region in India _____

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Eight - by Question Bank Software - View & Read

• 1)

Inductive Method is also called as

• 2)

A____________science is prescriptive in nature.

• 3)

The concept of consumer's surplus is associated with

• 4)

Utility can be measured and quantified under_____________.

• 5)

___________ increases the cost of production of a commodity or service.

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Nine - by Question Bank Software - View & Read

• 1)

Ordinal Utility can be measured by

• 2)

Giffen goods are classified in to ________and___________ goods.

• 3)

Indifference curve has____________.

• 4)

Which of the following is not a characteristic of land?

• 5)

The __________ is an important component in analysing producer's behaviour.

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Nine - by Question Bank Software - View & Read

• 1)

Public Finance is concerned with

• 2)

Marginal utility analysis is based on __________ .

• 3)

Responsiveness of the quantity supplied of a good to a change in its price is_______

• 4)

Revenue received from the sale of additional unit is termed as _____ revenue.

• 5)

Very short period is also called ________ period

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Ten - by Question Bank Software - View & Read

• 1)

_______ results in increased production.

• 2)

A change in the quantity supplied is a response to a change in the price is called __

• 3)

___________refers to the quantity of goods or services that consumers are willing and able to purchase / buy at a given period of time.

• 4)

A firm under monopoly can earn ________ in the short run

• 5)

These are _____ degrees of price discrimination.

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Ten - by Question Bank Software - View & Read

• 1)

The process of reasoning from particular to general is

• 2)

Capital good also called ________.

• 3)

As a factor of production, capital is a _______________means of production.

• 4)

Global Market

• 5)

There is strict barrier for entry of any new firm in_______________.

#### 11th Standard Economics Distribution Analysis English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

• 1)

Theory of distribution is popularly known as,

• 2)

'Original and indestructible power of the soil' is the term used by

• 3)

According to the Loanable Funds Theory, supply of loanable funds is equal to

• 4)

Innovation Theory of profit was given by

• 5)

VMP= ____________.

#### 11th Standard Economics Market Structure and Pricing English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

• 1)

Equilibrium condition of a firm is ___________

• 2)

Profit of a firm is obtained when __________.

• 3)

In which type of market, AR and MR are equal _______

• 4)

Price leadership is the attribute of ________

• 5)

In which market form, does absence of competition prevail?

#### 11th Standard Economics Market Structure and Pricing English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

• 1)

In which of the following is not a type of market structure price will be very high?

• 2)

Group equilibrium is analysed in ____________

• 3)

Under perfect competition, the shape of demand curve of a firm is ___________

• 4)

Which of the following involves maximum exploitation of consumers?

• 5)

Very short period is also called ________ period

#### 11th Standard Economics Distribution Analysis English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

• 1)

'Original and indestructible power of the soil' is the term used by

• 2)

Money wages are also known as

• 3)

According to the Loanable Funds Theory, supply of loanable funds is equal to

• 4)

The distribution of income or wealth of a country among the individuals are

• 5)

"Wages as a sum of money are paid under contract by an employer to a worker for services rendered" - Who said this?

#### 11th Standard Economics Indian Economy English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

• 1)

Economic growth of a country is measured by national income indicated by ____

• 2)

The weakness of Indian Economy is _____

• 3)

The year 1961 is known as ______

• 4)

Who among the following propagated Gandhian Economic thinkings.

• 5)

There are only _____ main gold mine regions.

#### 11th Standard Economics Indian Economy English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

• 1)

Economic growth of a country is measured by national income indicated by ____

• 2)

The number of deaths per thousand of population is called as ______

• 3)

Density of population =

• 4)

Ambedkar the problem studied by in the context of Indian Economy is__________

• 5)

V.K.R.V Rao was a student of

#### 11th Standard Economics Indian Economy Before and After Independence English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

• 1)

"Economics studies human behaviour as a relationship between ends and scarce means which have alternative uses" is the definition of economics of

• 2)

Who has given scarcity definition of economic?

• 3)

Marginal utility is measured by using the formula of

• 4)

Gossen's first law is known as

• 5)

The concept of consumer's surplus is associated with

#### 11th Standard Economics Indian Economy Before and After Independence English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

• 1)

Tenth five year plan period was ___________ .

• 2)

Annual plans formed in the year _________ .

• 3)

Britain had exploited __ over a period of two countries of its colonial rule.

• 4)

The British capitalists who established __ in Bengal.

• 5)

Mahalwari System was introduced in ______

#### 11th Standard Economics Development Experiences in India English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

• 1)

The Arguments against LPG is ________

• 2)

Goods and Services Tax is _____

• 3)

The recommendation of Narashimham Committee Report was submitted in the year ________

• 4)

The Raja Chelliah Committee on Trade Policy Reforms suggested the peak rate on import duties at

• 5)

_____ Architect of new economic policy.

#### 11th Standard Economics Development Experiences in India English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

• 1)

Agricultural Produce Market Committee is a _____.

• 2)

The farmers have access to credit under Kisan credit card scheme through the following except

• 3)

The first ever SEZ in India was set up at

• 4)

The Goods and Services Tax Act come into effect on ______

• 5)

In 1947, India was a typically ______ economy.

#### 11th Standard Economics Rural Economics English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

• 1)

Which is considered as the basic unit for rural areas?

• 2)

Identify the feature of rural economy.

• 3)

What is the other name for concealed unemployment?

• 4)

Identify the year of launch of MUDRA Bank?

• 5)

______________ is an example of subsidiary occupations.

#### 11th Standard Economics Rural Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

• 1)

Which feature is identified with rural areas?

• 2)

Identify the agriculture related problem of rural economy

• 3)

Indicate the cause for rural poverty.

• 4)

How much share of rural families in India is in debt?

• 5)

In which year, Regional Rural Banks came into existence?

#### 11th Standard Economics Tamil Nadu Economy English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

• 1)

• 2)

SPIC is located in

• 3)

In India's total cement production, Tamil Nadu ranks

• 4)

Tamil Nadu being the __ largest in area.

• 5)

Tamil Nadu is the __ largest economy

#### 11th Standard Economics Tamil Nadu Economy English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

• 1)

Which of the following is wrongly matched?

• 2)

TN tops in the production of the following crops except

• 3)

Which Union Territory has the highest sex ratio?

• 4)

The Headquarters of Southern Railway is at

• 5)

Tamil Nadu's performance is outstanding in areas of ________.

#### 11th Standard Economics Mathematical Methods for Economics English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

• 1)

The construction of demand line or supply line is the result of using

• 2)

Suppose D = 50 - 5P. When D is zero then

• 3)

Suppose determinant of a matrix Δ = 0, then the solution

• 4)

The elasticity of demand is the ratio of

• 5)

______ declared that he wanted to reduce political and economic matters in terms of number, weight and measure

#### 11th Standard Economics Mathematical Methods for Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

• 1)

The construction of demand line or supply line is the result of using

• 2)

Suppose D = 50 - 5P. When D is zero then

• 3)

Suppose determinant of a matrix Δ = 0, then the solution

• 4)

Differentiation of constant term gives

• 5)

Fixed cost is the ___ term in cost function represented in mathematical form

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - by Question Bank Software - View & Read

• 1)

Which one of the following is not a point in the Welfare Definition of Economics?

• 2)

General theory of 'Employment Interest and Money' published in _____

• 3)

Who assumed that "utility is measurable".

• 4)

Which of the following would not result in a rightward shift of the PPC?

• 5)

When marginal utility reaches zero, the total utility will be

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - by Question Bank Software - View & Read

• 1)

Utility means

• 2)

Micro Economics covers

• 3)

Who expressed the view that, "economics is neutral between ends"?

• 4)

Increase in demand is caused by

• 5)

If the price of any complement goods rises,_____________.

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Two - by Question Bank Software - View & Read

• 1)

Total revenue is equal to total output sold multiplied by

• 2)

The indifference curve are

• 3)

A production function measures the relation between

• 4)

Price rigidity is the attribute of _______

• 5)

MRP=______________.

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Two - by Question Bank Software - View & Read

• 1)

The process of reasoning from particular to general is

• 2)

Normative Science is concerned with_______________.

• 3)

An Iso - quant curve is also known as

• 4)

Explicit costs are termed as

• 5)

When price remains constant, AR will be _____ MR.

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Three - by Question Bank Software - View & Read

• 1)

Utility means

• 2)

Deductive method is also called as

• 3)

________ can be eliminated by limiting the human wants.

• 4)

__________ scale of production facilitates specialization and delegation.

• 5)

_________ are very important to decide the production behaviour of a firm.

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Three - by Question Bank Software - View & Read

• 1)

"Economics studies human behaviour as a relationship between ends and scarce means which have alternative uses" is the definition of economics of

• 2)

________are transferable

• 3)

Who is considered as the father of scientific socialism?

• 4)

Demand theory, supply theory etc have been derived based on_______________.

• 5)

Given potential price is Rs. 250 and the actual price is Rs. 200. Find the consumer surplus.

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Four - by Question Bank Software - View & Read

• 1)

The equilibrium price is the price at which

• 2)

The author of scarcity definition

• 3)

Points outside the PPC are

• 4)

In case of relatively more elastic demand the shape of the curve is

• 5)

There are __________ kinds of elasticity of demand.

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Four - by Question Bank Software - View & Read

• 1)

Which theory is generally included under micro economics?

• 2)

Economics according to the Lionel Robbins is a___________ science.

• 3)

Wants may be both __________ and complementary.

• 4)

Price elasticity of demand is defined as the responsiveness of_____________.

• 5)

Entrepreneur stand to benefit from the resulting _____________ .

#### 11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Five - by Question Bank Software - View & Read

• 1)

Economics is a _______science

• 2)

The book "An essay on the Nature and significance of economic science" writen by.

• 3)

The goods which satisfy human wants directly are known as_________________.

• 4)

Equi - Marginal Utility means equal marginal utilities derived from the consumption of more than_____

• 5)

In the absence of consumption there can be no_________.

#### 11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Five - by Question Bank Software - View & Read

• 1)

The concept of consumer's surplus is associated with

• 2)

On the basis of regulation the market can be classified as _________

• 3)

Land differs in ________ .

• 4)

The number of deaths per thousand of population is called as ______

• 5)

___________________ helped the government to the real uplifting of standard of living of people.

#### 11th Standard Economics English Medium All Chapter Book Back and Creative One Marks Questions 2020 - by Question Bank Software - View & Read

• 1)

Utility means

• 2)

_____have exchange value and their ownership rights can be established and exchanged

• 3)

The scarcity of a commodity is only in relation to its

• 4)

• 5)

When marginal utility reaches zero, the total utility will be

#### 11th Standard Economics English Medium All Chapter Book Back and Creative Two Marks Questions 2020 - by Question Bank Software - View & Read

• 1)

What is meant by Economics?

• 2)

What are goods?

• 3)

What are the major features of Robbins definitions?

• 4)

Distinguish between nominal income and real income?

• 5)

What are Giffen goods? Why it is called like that?

#### 11th Standard Economics English Medium All Chapter Book Back and Creative Three Marks Questions 2020 - by Question Bank Software - View & Read

• 1)

Explain the scarcity definition of Economics and assess it.

• 2)

What are the important features of utility?

• 3)

Examine the major implications of samuelson growth definition

• 4)

Explain the importance of microeconomics.

• 5)

Mention the relationship between marginal utility and total utility.

#### 11th Standard Economics English Medium All Chapter Book Back and Creative Five Marks Questions 2020 - by Question Bank Software - View & Read

• 1)

Compare and contrast various definitions of Economics.

• 2)

Elaborate the nature and scope of Economics.

• 3)

Explain the wealth definition given by Adam Smith.

• 4)

Examine the nature of Economic laws.

• 5)

Elucidate the law of diminishing marginal utility with diagram.

#### 11th Economics - Full Portion Five Marks Question Paper - by 8682895000 - View & Read

• 1)

Explain various Steps of Deductive and Inductive methods.

• 2)

Examine Adam Smith's Definition of Economics.

• 3)

Elucidate the law of diminishing marginal utility with diagram.

• 4)

Enumerate the determinants of Demand?

• 5)

What are the factors determining supply?

#### 11th Economics - Full Portion Three Marks Question Paper - by 8682895000 - View & Read

• 1)

Explain different types of economic activities.

• 2)

Explain the different types of goods?

• 3)

When does a shift in the demand curve occur? Explain the shift in the demand curve with the help of a diagram.

• 4)

What are the functions of Entrepreneur?

• 5)

Explain the Internal and External diseconomies of scale.

#### 11th Economics - Full Portion Two Marks Question Paper - by 8682895000 - View & Read

• 1)

What are goods?

• 2)

Differ Economic Goods with free goods.

• 3)

What is Income?

• 4)

Explain the following concepts of Total utility.

• 5)

Define Labour.

#### 11th Economics - Revision Model Question Paper 2 - by Question Bank Software - View & Read

• 1)

'Economics is a study of mankind in the ordinary business of life' - It is the statement of

• 2)

"Demand in economics is the desire to possess something and the willingness and the ability to pay a certain price in order to possess it," says ________

• 3)

The ISO-quant is also called as the _________

• 4)

The cost per unit of output is denoted by _____ cost.

• 5)

Opportunity cost is also called as ____.

#### 11th Economics - Public Exam Model Question Paper 2019 - 2020 - by Question Bank Software - View & Read

• 1)

Identify the correct characteristics of utility

• 2)

In the case of two perfect substitutes, the indifference curve will be________________.

• 3)

_________ of production mean resources used in the process of production of commodities.

• 4)

The cost incurred by producing one more unit of output is _____  cost.

• 5)

Variable cost + Cost of Administration together known as __________ .

#### 11th Economics - Mathematical Methods for Economics Model Question Paper - by Question Bank Software - View & Read

• 1)

The formula for constructing a straight line is ____

• 2)

110 - 20P = 50 + 10 P therefore P = ?

• 3)

_______ is a plural form

• 4)

______ is a word processor, which helps to create, edit, print and save documents for future retrieval and reference.

• 5)

______ version supports up to 1 million rows and 16 thousand columns per work sheet.

#### 11th Economics - Tamil Nadu Economy Model Question Paper - by Question Bank Software - View & Read

• 1)

There are __________ river basins in Tamil Nadu.

• 2)

NLC stands for ________.

• 3)

________ provides over 60% of India's total offset printing solutions.

• 4)

____ International Airport is currently the third largest airport in India after Mumbai and Delhi.

• 5)

Tamil Nadu sources some of its power needs from renewable sources with wind power contributing over _____

#### 11th Economics - Rural Economics Model Question Paper - by Question Bank Software - View & Read

• 1)

Rural ____________ and ____________ are inter related.

• 2)

The excess supply of labour in rural areas reduces the _____________

• 3)

The _________ forces the farmers to borrow for consumption as well as for cultivation.

• 4)

Small Scale Industrial Units with a Capital investment of not more than Rs. ___________ Lakhs.

• 5)

Self - Help Groups (SHGs)

#### 11th Economics - Development Experiences in India Model Question Paper - by Question Bank Software - View & Read

• 1)

Most of the problems relating to the marketing____

• 2)

Indian economy has achieved a remarkable rate of growth in ______.

• 3)

The____act was passed in the parliament on 29th March 2017

• 4)

The Chelliah Committee's report had suggested drastic reduction in______.

• 5)

Raja J. Chellaiah committee was meant for_______.

#### 11th Economics - Indian Economy Before and After Independence Model Question Paper - by Question Bank Software - View & Read

• 1)

In 1614 Sir Thomas Roe was successful in getting permission from

• 2)

The Industry which was de-reserved in 1993?

• 3)

The father of Green Revolution in India was __________

• 4)

In the first five year plan, the top priority was given to ______ Sector.

• 5)

The 14 banks were nationalized in the year

#### 11th Economics - Indian Economy Model Question Paper - by Question Bank Software - View & Read

• 1)

Economic infrastructure is the ____ system which helps in production and distribution.

• 2)

Hematite iron is mainly found in _____

• 3)

______ is a heat resisting mineral which is also a bad conductor of electricity.

• 4)

______ is used in electrical equipments as an insulator.

• 5)

India ranks ____ in the world.

#### 11th Economics - Distribution Analysis Model Question Paper - by Question Bank Software - View & Read

• 1)

The reward for labour is

• 2)

Money wages are also known as

• 3)

Residual Claimant Theory is propounded by

• 4)

The reward given for the use of capital

• 5)

The concept of meeting unexpected expenditure according to Keynes is

#### 11th Economics - Market Structure and Pricing Model Question Paper - by Question Bank Software - View & Read

• 1)

Equilibrium condition of a firm is ___________

• 2)

Which of the following is a feature of monopolistic competition?

• 3)

In monopoly, MR curve lies below ____________

• 4)

Very long period market is also called as ____________

• 5)

Imperfect competition market which comprises _________

#### 11th Economics - Cost and Revenue Analysis Model Question Paper - by Question Bank Software - View & Read

• 1)

Cost functions are also known as _____ function.

• 2)

Identify the formula of estimating average variable cost.

• 3)

The cost per unit of output is denoted by _____ cost.

• 4)

Find total fixed cost where TC = 500 and TVC= 100.

• 5)

_____ is the summation of explicit and implicit costs.

#### 11th Economics - Production Analysis Model Question Paper - by Question Bank Software - View & Read

• 1)

The functional relationship between "inputs" and "outputs" is called as

• 2)

In a firm 5 units as factors produce 24 units of the product. When the number of factor increases by one, the production increases to 30 units. Calculate the Average Product.

• 3)

An Iso - quant curve is also known as

• 4)

_____________ is a free gift of nature.

• 5)

___________ may be classified in to five kinds

#### 11th Economics - Consumption Analysis Important Questions - by Question Bank Software - View & Read

• 1)

Choice is always constrained or limited by the _______ of our resources.

• 2)

The basis for the law of demand is related to

• 3)

The concept of elasticity of demand was intorduced by

• 4)

The concept of consumers surplus was introduced by ____

• 5)

The __ principle is quite useful in explaining the "water diamond paradox"

#### 11th Economics - Introduction To Micro-Economics Important Questions - by Question Bank Software - View & Read

• 1)

The basic problem studied in Economics is

• 2)

The equilibrium price is the price at which

• 3)

Who is the father of Economics?

• 4)

The term or word 'Economics' comes from language

• 5)

"Economics as the science of wealth" - It is the statement of

#### 11th Economics Half Yearly Model Question Paper 2019 - by Question Bank Software - View & Read

• 1)

The equilibrium price is the price at which

• 2)

Who assumed that "utility is measurable".

• 3)

When marginal utility reaches zero, the total utility will be

• 4)

The _________ will bring down the prices to raise demand.

• 5)

The reward in respect of entrepreneurial ability is called___________.

#### 11th Standard Economics - Term II Model Question Paper - by Manju - Rajapalayam - View & Read

• 1)

Who is the father of Economics?

• 2)

The process of reasoning from particular to general is

• 3)

When marginal utility reaches zero, the total utility will be

• 4)

Formula for calculating AP is

• 5)

Modern economists have propounded the law of

#### 11th Economics - Mathematical Methods for Economics Model Question Paper - by Manju - Rajapalayam - View & Read

• 1)

The construction of demand line or supply line is the result of using

• 2)

Function with single independent variable is known as

• 3)

An incremental change in dependent variable with respect to change in independent variable is known as

• 4)

Suppose D = 50 - 5P. When D is zero then

• 5)

Suppose determinant of a matrix Δ = 0, then the solution

#### 11th Standard Economics- TamilNadu Economy Model Question Paper - by Manju - Rajapalayam - View & Read

• 1)

• 2)

• 3)

Which of the following cities does not have international airport?

• 4)

In literacy rate, TN ranks

• 5)

Which district in TN has the highest sex ratio?

#### 11th Standard Economics - Rural Economics Model Question Paper - by Manju - Rajapalayam - View & Read

• 1)

Which is considered as the basic unit for rural areas?

• 2)

What percentage of the total population live in rural area, as per 2011 censes?

• 3)

What is the term used to denote the coexistence of two different sectors in an economy?

• 4)

Identify the agriculture related problem of rural economy

• 5)

Indicate the cause for rural poverty.

#### 11th Economics - Development Experiences in India Model Question Paper - by Manju - Rajapalayam - View & Read

• 1)

Which of the following is the way of privatisation?

• 2)

The Arguments against LPG is ________

• 3)

India is the largest producer of _______ in the world.

• 4)

The Special Economic Zones policy was announced in_____

• 5)

Financial sector reforms mainly related to____

#### 11th Standard Economics - Indian Economy Before and After Independence Model Question Paper - by Manju - Rajapalayam - View & Read

• 1)

The arrival of Vasco da Gama in Calicut, India

• 2)

Ryotwari system was initially introduced in

• 3)

The Industry which was de-reserved in 1993?

• 4)

In the first five year plan, the top priority was given to ______ Sector.

• 5)

The Oldest large scale industry in India

#### 11th Economics - Indian Economy Model Question Paper - by Manju - Rajapalayam - View & Read

• 1)

The main gold mine region in Karnataka is ______

• 2)

The position of Indian Economy among the other strongest economies in the world is ______

• 3)

A scientific study of the characteristics of population is _____

• 4)

The number of births per thousand population is called as

• 5)

Who introduced the National Development Council in India?

#### 11th Standard Economics - Development Experiences in India Three Marks Questions - by Question Bank Software - View & Read

• 1)

How do you justify the merits of Privatisation?

• 2)

What are the measures taken towards Globalization?

• 3)

Write a note on Foreign investment policy?

• 4)

Give short note on Cold storage.

• 5)

Mention the functions of APMC.

#### 11th Standard Economics - Indian Economy Before and After Independence Three Marks Questions - by Question Bank Software - View & Read

• 1)

Explain about the Period of Merchant Capital.

• 2)

The Handicrafts declined in India in British Period. Why?

• 3)

Elucidate the different types of land tenure system in colonial India.

• 4)

State the reasons for nationalisation of commercial banks.

• 5)

Write any three objectives of Industrial Policy 1991.

#### 11th Standard Economics - Mathematical Methods for Economics Three Marks Questions - by Question Bank Software - View & Read

• 1)

If TC = 2.5q3 - 13q2 + 50q + 12 derive the MC function and AC function.

• 2)

What are the steps involved in executing a MS Excel sheet

• 3)

Find the equation of a straight line which passes through two points (2, 2) and (4, -8) which are (x1, y1) and (x2, y2) respectively.

• 4)

The demand and supply curves are given by ${ p }_{ d }=\frac { 16 }{ x+4 } and\ { p }_{ s }=\frac { x }{ 2 }$ Find the consumer's surplus and Producer's surplus at the market equilibrium price.

• 5)

Integrate: ${ 4x }^{ 5 }+{ 6x }^{ 3 }+\frac { 2 }{ x } x$

#### 11th Standard Economics - TamilNadu Economy Three Marks Questions - by Question Bank Software - View & Read

• 1)

Write a note on mineral resources in Tamil Nadu.

• 2)

• 3)

Describe development of textile industry in Tamil Nadu.

• 4)

Compare productivity of any two food crops between Tamil Nadu and India.

• 5)

Explain the prospect for development of tourism.

#### 11th Standard Economics - Rural Economics Three Marks Questions - by Question Bank Software - View & Read

• 1)

State the importance of Rural Development.

• 2)

Explain the causes for Rural Backwardness.

• 3)

Enumerate the remedial measures to Rural poverty.

• 4)

What are the remedial measures for Rural Unemployment?

• 5)

Write a note on Regional Rural Banks.

#### 11th Standard Economics - Indian Economy Three Marks Questions - by Question Bank Software - View & Read

• 1)

Define Economic Development.

• 2)

State Ambedkar’s Economic ideas on agricultural economics.

• 3)

Write a short note on village sarvodhaya.

• 4)

Write the strategy of Jawaharlal Nehru in India's planning.

• 5)

Write the V.K.R.V. Rao's contribution on multiplier concept.

#### 11th Economics - Distribution Analysis Three Marks Questions - by Question Bank Software - View & Read

• 1)

What are the motives of demand for money?

• 2)

List out the kinds of wages.

• 3)

Distinguish between rent and quasi-rent.

• 4)

Briefly explain the Subsistences Theory of Wages.

• 5)

State the Dynamic Theory of profit.

#### 11th Standard Economics - Distribution Analysis Model Question Paper - by Manju - Rajapalayam - View & Read

• 1)

In Economics, distribution of income is among the

• 2)

Theory of distribution is popularly known as,

• 3)

The Classical Theory of Rent was propounded by

• 4)

The reward for labour is

• 5)

The reward given for the use of capital

#### 11th Standard Economics - Market Structure and Pricing Model Question Paper - by Manju - Rajapalayam - View & Read

• 1)

In which of the following is not a type of market structure price will be very high?

• 2)

There is no excess capacity under _________

• 3)

In which type of market, AR and MR are equal _______

• 4)

Group equilibrium is analysed in ____________

• 5)

Monopolistic competition is a form of __________

#### 11th Economics - Market Structure and Pricing Three Marks Questions - by Question Bank Software - View & Read

• 1)

What are the features of a market?

• 2)

Specify the nature of entry of competitors in perfect competition and monopoly.

• 3)

Describe the degrees of price discrimination.

• 4)

State the meaning of selling cost with an example.

• 5)

Mention the similarities between perfect competition and monopolistic competition.

#### 11th Economics - Cost and Revenue Analysis Three Marks Questions - by Question Bank Software - View & Read

• 1)

Distinguish between fixed cost and variable cost.

• 2)

State the differences between money cost and real cost.

• 3)

Distinguish between explicit cost and implicit cost.

• 4)

Define opportunity cost and provide an example.

• 5)

State the relationship between AC and MC.

### TN Stateboard Updated Class 11th Economics Syllabus

#### Introduction to Micro - Economics

Introduction-Economics: Meaning-Economics: Its Nature-Scope of Economics-Basic Concepts in Economics-Economics: Its Methods, Facts, Theories, and Laws-Economics: Its Sub Divisions-Economics: Its Types-Basic Economic Problems-Production Possibility Curve-Conclusion

#### Consumption Analysis

Introduction-Human Wants-Characteristics of Human Wants-Classification of Goods-Cardinal Utility Analysis-The Law of Equi-Marginal Utility-Consumer’s Surplus-Law of Demand-Elasticity of Demand-Ordinal Analysis (or) Ordinal Utility Approach (or) Hicks and Allen Approach (or) Indifference Curve Analysis-An Indifference Curve-An Indifference Map-Diminishing Marginal Rate of Substitution-Properties of the Indifference Curves-Price line or Budget line-Consumer Equilibrium-Conclusion

#### Production Analysis

Introduction-Features of the Factors of Production-Production Function-Law of Variable Proportions-Laws of Returns to Scale-Economies of Scale-Diseconomies of Scale-ISO-Quants-The ISO-Cost Line-Producer’s Equilibrium-Cobb-Douglas Production Function-Law of Supply-Conclusion

#### Cost and Revenue Analysis

Introduction-Cost Analysis-Cost Concepts-Short Run Cost Curves-Long Run Cost Curve-Revenue Analysis-Conclusion

#### Market Structure and Pricing

Introduction-Meaning of Market-Classification of Markets-Equilibrium Conditions for a Firm-Perfect Competition-Imperfect Competition-Monopoly-Monopolistic Competition-Duopoly-Oligopoly

#### Distribution Analysis

Introduction-Meaning of Distribution-Kinds of Distribution of Income-Marginal Productivity Theory of Distribution-Rent-Wages-Theories of Wages-Interest-Theories of Interest-Profit-Theories of Profit-Conclusion

#### Indian Economy

Meaning of Growth and Development-Indian Economy-Features of Indian Economy-Natural Resources-Infrastructure-Economic Infrastructure-Social Infrastructure-Contributions of Indian Economic Thinkers-Conclusion

#### Indian Economy Before and After Independence

Introduction-Indian Economy During the British Period-The Land Tenure Systems in India-Process of Industrial Transition and Colonial Capitalism-Problems of British Rule-Important Industrial Policies Prior to 1991-Green Revolution-Large Scale Industries-Small Scale Industries-Micro, Small and Medium Enterprises (MSMEs)-Public Sector and Private Sector Banks-Nationalisation of Banks-Performance of India’s Five Year Plans-Development Indicators-Conclusion

#### Development Experiences in India

Introduction-Meaning of Liberalization, Privatization and Globalization (LPG)-Arguments in Favour of LPG-Arguments against LPG-Industrial Sector Reforms-Impact of LPG on Agricultural Sector Reforms-Trade Reforms-Fiscal Reforms-Monetary and Financial Sector Reforms-Conclusion

#### Rural Economics

Introduction-Features of Rural Economy-Meaning of Rural Development-Need for Rural Development-Problems of Rural Economy-Rural Poverty-Rural Unemployment-Rural Industries-Rural Indebtedness-Rural Health, Nutrition and Sanitation-Rural Infrastructure-Requirements for Rural Development-Conclusion

Introduction-Highlights of Tamil Nadu-Economy-Performance of Tamil Nadu-Economy-Natural Resource-Population-Gross State Domestic Product (GSDP)-Agriculture-Industry-Energy-Services-Tourism

#### Mathematical Methods for Economics

Introduction-Functions-Matrices-Differential Calculus-Integral Calculus-Information and Communication Technology (ICT)

#### TN StateboardStudy Material - Sample Question Papers with Solutions for Class 11 Session 2020 - 2021

Latest Sample Question Papers & Study Material for class 11 session 2020 - 2021 for Subjects Maths, Commerce, Biology, Business Maths, Accountancy, Computer Science, Physics, Chemistry, Computer Applications , History , Computer Technology, தமிழ், English in PDF form to free download [ available question papers ] for practice. Download QB365 Free Mobile app & get practice question papers.

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