### 12th Standard Economics Study material & Free Online Practice Tests - View and download Sample Question Papers with Solutions for Class 12 Session 2019 - 2020 TN Stateboard

#### 12th Economics - Introduction to Statistical Methods and Econometric Two Marks Questions - by Mani - Pollachi Sep 21, 2019 - View & Download

• 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 Sep 21, 2019 - View & Download

• 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 Sep 21, 2019 - View & Download

• 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 Sep 21, 2019 - View & Download

• 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)

#### 12th Economics - Term 1 Model Question Paper - by Jyothi - Dharapuram Sep 21, 2019 - View & Download

• 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 Sep 19, 2019 - View & Download

• 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 Sep 19, 2019 - View & Download

• 1)

What is International Economics?

• 2)

• 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)

#### 12th Economics - Banking Two Marks Question - by Mani - Pollachi Sep 19, 2019 - View & Download

• 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 Sep 19, 2019 - View & Download

• 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 Sep 19, 2019 - View & Download

• 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 Sep 16, 2019 - View & Download

• 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 Sep 16, 2019 - View & Download

• 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 Sep 16, 2019 - View & Download

• 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 Sep 16, 2019 - View & Download

• 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 Sep 13, 2019 - View & Download

• 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__________

#### 12th Economics - Environmental Economics Book Back Questions - by Mani - Pollachi Sep 06, 2019 - View & Download

• 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 Sep 06, 2019 - View & Download

• 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 Sep 06, 2019 - View & Download

• 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 Sep 05, 2019 - View & Download

• 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 Sep 05, 2019 - View & Download

• 1)

International Monetary Fund was an outcome of

• 2)

International Development Association is an affiliate of

• 3)

• 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 Sep 04, 2019 - View & Download

• 1)

• 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 Sep 04, 2019 - View & Download

• 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 Sep 03, 2019 - View & Download

• 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 Sep 02, 2019 - View & Download

• 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 Sep 02, 2019 - View & Download

• 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 Aug 31, 2019 - View & Download

• 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 Aug 30, 2019 - View & Download

• 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 Aug 29, 2019 - View & Download

• 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 Aug 29, 2019 - View & Download

• 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 Aug 28, 2019 - View & Download

• 1)

• 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)

#### 12th Economics Chapter 6 Banking One Mark Question and Answer - by Mani - Pollachi Aug 27, 2019 - View & Download

• 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 Aug 27, 2019 - View & Download

• 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 Aug 27, 2019 - View & Download

• 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 Aug 26, 2019 - View & Download

• 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 Aug 24, 2019 - View & Download

• 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 Aug 23, 2019 - View & Download

• 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 Aug 20, 2019 - View & Download

• 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 Aug 12, 2019 - View & Download

• 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)

#### 12th Standard Economics Chapter 6 Banking Model Question Paper - by Mani - Pollachi Aug 05, 2019 - View & Download

• 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 Aug 03, 2019 - View & Download

• 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 Aug 01, 2019 - View & Download

• 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 Jul 30, 2019 - View & Download

• 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 Jul 26, 2019 - View & Download

• 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 Jul 24, 2019 - View & Download

• 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 Jul 18, 2019 - View & Download

• 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 May 15, 2019 - View & Download

• 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 May 15, 2019 - View & Download

• 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_________

### TN Stateboard Education Study Materials

#### 12th Stateboard Economics 2019 - 2020 Academic Monthly Syllabus - by Mani - Pollachi Aug 02, 2019 Aug 02, 2019

Economics 2019 - 2020 Academic Monthly Syllabus

#### TN StateboardStudy Material - Sample Question Papers with Solutions for Class 12 Session 2019 - 2020

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