12th Standard Economics Study material & Free Online Practice Tests - View Model Question Papers with Solutions for Class 12 Session 2019 - 2020
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Economics Question Papers

12th Standard Economics English Medium Model 5 Mark Creative Questions (New Syllabus 2020) - by Mani - Pollachi - View & Read

  • 1)

    Explain the merits of Mixed Economy.

  • 2)

    Discuss the method measuring the National Income by Income Method.

  • 3)

    Comparison of Classicism and Keynesianism

  • 4)

    What are the determinants of investment function?

  • 5)

    Explain the Secondary Functions.

12th Standard Economics English Medium Model 5 Mark Book Back Questions (New Syllabus 2020) - by Mani - Pollachi - View & Read

  • 1)

    Compare the feature among Capitalism, Secularism and Mixedism

  • 2)

    Describe the types of unemployment

  • 3)

    Briefly explain the subjective and objective factors of consumption function?

  • 4)

    Explain the functions of money

  • 5)

    Describe the functions of Reserve Bank of India.

12th Standard Economics English Medium Sample 5 Mark Creative Questions (New Syllabus 2020) - by Mani - Pollachi - View & Read

  • 1)

    Explain the Demerits of capitalism.

  • 2)

    Discuss the concept of “Factor Cost”.

  • 3)

    Draw the diagram for Aggregate supply curves diagram.

  • 4)

    Explain consumption function with the help of diagram.

  • 5)

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

12th Standard Economics English Medium Sample 5 Mark Book Back Questions (New Syllabus 2020) - by Mani - Pollachi - View & Read

  • 1)

    Compare the features of capitalism and socialism

  • 2)

    Discuss the importance of social accounting in economic analysis

  • 3)

    Explain Keynes psychological law of consumption f.unction with diagram.

  • 4)

    Illustrate Fisher’s Quantity theory of money.

  • 5)

    Elucidate the functions of Commercial Banks

12th Standard Economics English Medium Important 5 Mark Creative Questions (New Syllabus 2020) - by Mani - Pollachi - View & Read

  • 1)

    Explain the four sector circular flow model.

  • 2)

    Discuss the Iimitations of National Income as an index of economic welfare.

  • 3)

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

  • 4)

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

  • 5)

    Compare and contrast inflation and deflation.

12th Standard Economics English Medium Important 5 Mark Book Back Questions (New Syllabus 2020) - by Mani - Pollachi - View & Read

  • 1)

    Discuss the scope of Macro Economics

  • 2)

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

  • 3)

    Narrate the equilibrium between ADF and ASF with diagram

  • 4)

    Explain the operation of the Accelerator

  • 5)

    Describe the phases of Trade cycle.

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

  • 1)

    What are the demerits of mixed economy?

  • 2)

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

  • 3)

    What is Per capita income?

  • 4)

    What is Output method? What is its major challenge?

  • 5)

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

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

  • 1)

    Enumerate the features of mixed economy

  • 2)

    Write briefly about national income and welfare

  • 3)

    What do you mean by aggregate demand ? Mention its components

  • 4)

    Mention the differences between accelerator and multiplier effect 

  • 5)

    State Cambridge equations of value of money.

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

  • 1)

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

  • 2)

    Indicate the demerits of Mixed Economy.

  • 3)

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

  • 4)

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

  • 5)

    What are the components of aggregate supply?

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

  • 1)

    Outline the major merits of capitalism.

  • 2)

    Write a short note on per capita income

  • 3)

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

  • 4)

    Differentiate autonomous and induced investment.

  • 5)

    What are the determinants of money supply?

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

  • 1)

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

  • 2)

    Write the basis how Economies can be classified into different types

  • 3)

    Write down the some of the statistical problems?

  • 4)

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

  • 5)

    Write a short note on effective demand?

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

  • 1)

    Enumerate the features of mixed economy

  • 2)

    Differentiate between personal and disposable income.

  • 3)

    What do you mean by aggregate demand ? Mention its components

  • 4)

    Differentiate autonomous and induced investment.

  • 5)

    Write the types of inflation

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

  • 1)

    Write any three merits of capitalism.

  • 2)

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

  • 3)

    Write a short note on Capital Gains.

  • 4)

    Mention the factors included in PQLI

  • 5)

    Write the formula for aggregate supply?

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

  • 1)

    What do you mean by Capitalism?

  • 2)

    Give reasons for labour retrenchment at present situation

  • 3)

    Define average propensity to save (APS).

  • 4)

    What is barter?

  • 5)

    What is rationing of credit?

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

  • 1)

    Write any three merits of capitalism.

  • 2)

    What are flow variables?

  • 3)

    What do you mean by Real Income?

  • 4)

    Mention the examples of factor costs

  • 5)

    What is the features of GDPMP?

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

  • 1)

    What is meant by an ‘Economy’?

  • 2)

    Give reasons for labour retrenchment at present situation

  • 3)

    What do you mean by propensity to save?

  • 4)

    What is gold standard?

  • 5)

    Distinguish between CRR and SLR

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

  • 1)

    What is Mixed Economy?

  • 2)

    Mention any two limitations of macroeconomics

  • 3)

    Write a short note on Capital Gains.

  • 4)

    What are capital gains?

  • 5)

    Write a short note on Seasonal Unemployment

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

  • 1)

    What is meant by an ‘Economy’?

  • 2)

    List out the assumptions of Say’s law.

  • 3)

    Define Marginal Propensity to Save (MPS).

  • 4)

    What is plastic money? Give example.

  • 5)

    What is rationing of credit?

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

  • 1)

    Socialist Economy promote  __________.

  • 2)

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

  • 3)

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

  • 4)

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

  • 5)

    Percapita Income =

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

  • 1)

    Identify the necessity of Economic policies

  • 2)

    National income is a measure of the__________ performance of an economy

  • 3)

    The financial year in India is__________

  • 4)

    The main concention of the Classical Economic Theory is____________

  • 5)

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

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

  • 1)

    Planned economy is also known as _________.

  • 2)

    How the economy is divided based Nature of Functioning?

  • 3)

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

  • 4)

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

  • 5)

    With what kinds of topics does macroeconomics concern itself?

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

  • 1)

    The branches of the subject Economics is

  • 2)

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

  • 3)

    Expenditure method is used to estimate national income in_______

  • 4)

    The value of national income adjusted for inflation is called_________

  • 5)

    The main concention of the Classical Economic Theory is____________

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

  • 1)

    Micro means __________.

  • 2)

    From the households sectors receives the income?

  • 3)

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

  • 4)

    Formula for calculating NNP at factor cost.

  • 5)

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

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

  • 1)

    Who is regarded as Father of Modern Macro Economics

  • 2)

    National income is measured by using_______ methods.

  • 3)

    The main concention of the Classical Economic Theory is____________

  • 4)

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

  • 5)

    MV stands for

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

  • 1)

    The branches of the subject Economics is

  • 2)

    Who coined the word ‘Macro’?

  • 3)

    Who is regarded as Father of Modern Macro Economics

  • 4)

    Identify the other name for Macro Economics

  • 5)

    Macro economics is a study of_________

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

  • 1)

    Identify the other name for Macro Economics

  • 2)

    Indicate the fundamental economic activities of an economy

  • 3)

    Pick basic composition of two sector of model of economy

  • 4)

    Given the chart, find the missing system of economy

  • 5)

    Net National product at factor cost is also known as

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

  • 1)

    Identify the other name for Macro Economics

  • 2)

    The Circular Flow Model that represents an open Economy

  • 3)

    The right to property exists largely in _______.

  • 4)

    Match the correct codes

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

    Expenditure method is used to estimate national income in_______

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

  • 1)

    What is meant by an ‘Economy’?

  • 2)

    Define ‘Economic Model"

  • 3)

    What do you mean by Socialism?

  • 4)

    What is Globalisation?

  • 5)

    Define National Income.

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

  • 1)

    Discuss the scope of Macro Economics

  • 2)

    Compare the feature among Capitalism, Secularism and Mixedism

  • 3)

    Explain the merits of socialism.

  • 4)

    Explain the Demerits of capitalism.

  • 5)

    Explain the importance of national income

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

  • 1)

    Outline the major merits of capitalism.

  • 2)

    Distinguish between Capitalism and Globalism.

  • 3)

    Describe the three models of circular flow of income.

  • 4)

    Explain are the Demerits of Capitalism

  • 5)

    Give short note on Expenditure method

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

  • 1)

    Identify the flow variable

  • 2)

    Which of the following is not a macroeconomic goal?

  • 3)

    Tertiary sector is also called as __________sector

  • 4)

    Secondary sector is __________

  • 5)

    Aggregate supply is equal to___________

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

  • 1)

    The Circular Flow Model that represents an open Economy

  • 2)

    Match the correct codes

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

    GNP = _________ + Net factor income from abroad

  • 4)

    _________ Income is the buying power of nominal income.

  • 5)

    The core of the classical theory of employment is____________

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

  • 1)

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

  • 2)

    Inflation refers to steady ________ in general price level.

  • 3)

    Per capita income is obtained by dividing the National income by__________

  • 4)

    GDP= _________.

  • 5)

    J.B. Say is a ___________

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

  • 1)

    A steady increase in general price level is termed as_____________.

  • 2)

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

  • 3)

    The largest proportion of national income comes from___________

  • 4)

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

  • 5)

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

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

  • 1)

    Indicate the fundamental economic activities of an economy

  • 2)

    Find the odd one out

  • 3)

    Income method is measured by summing up of all forms of__________

  • 4)

    GDP Deflator is also called as:

  • 5)

    Keynes theory emphasized on________ equilibrium

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

  • 1)

    Indicate the contribution of J M Keynes to economics

  • 2)

    Identify which is not a subject matters covered in Macro Economics

  • 3)

    Which is the largest figure?

  • 4)

    Great care is required to calculate ____________.

  • 5)

    Say’s law stressed the operation of________ in the economy

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

  • 1)

    Identify The Father of Socialism

  • 2)

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

  • 3)

    Which is the largest figure?

  • 4)

    Match the correct codes

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

    _________ Flexibility brings equality between saving and investment

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

  • 1)

    The branches of the subject Economics is

  • 2)

    Pick basic composition of three sector of model of economy.

  • 3)

    Net National product at factor cost is also known as

  • 4)

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

  • 5)

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

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

  • 1)

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

  • 2)

    With what kinds of topics does macroeconomics concern itself?

  • 3)

    Expenditure method is used to estimate national income in_______

  • 4)

    Output = Income = _________

  • 5)

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

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

  • 1)

    Macro economics is a study of_________

  • 2)

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

  • 3)

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

  • 4)

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

  • 5)

    In the circular-flow diagram

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

  • 1)

    Who is regarded as Father of Modern Macro Economics

  • 2)

    An economy consists of

  • 3)

    The subject Economics is classified into two branches, namely,

  • 4)

    Identify which is not an example of capitalistic economy.

  • 5)

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

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

  • 1)

    Who coined the word ‘Macro’?

  • 2)

    Identify the flow variable

  • 3)

    Identify the stock variable.

  • 4)

    Pick basic composition of two sector of model of economy

  • 5)

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

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

  • 1)

    Who coined the word ‘Macro’?

  • 2)

    A steady increase in general price level is termed as_____________.

  • 3)

    Identify the Father of Scientific Socialism.

  • 4)

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

  • 5)

    Which of the following is not a macroeconomic goal?

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

  • 1)

    Indicate the contribution of J M Keynes to economics

  • 2)

    Who is referred as ‘Father of Capitalism’?

  • 3)

    Macro economics is also known as __________.

  • 4)

    Market forces are _________.

  • 5)

    Identify which is not an example of capitalistic economy.

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

  • 1)

    Who is regarded as Father of Modern Macro Economics

  • 2)

    The country following Capitalism is ________________

  • 3)

    Father of socialism _________.

  • 4)

    Identify the stock variable.

  • 5)

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

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

  • 1)

    Identify the other name for Macro Economics

  • 2)

    The country following Capitalism is ________________

  • 3)

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

  • 4)

    Pick basic composition of two sector of model of economy

  • 5)

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

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

  • 1)

    Macro economics is a study of_________

  • 2)

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

  • 3)

    Pick basic composition of three sector of model of economy

  • 4)

    In the circular-flow diagram

  • 5)

    Match the correct codes

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

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

  • 1)

    Identify the flow variable

  • 2)

    The Circular Flow Model that represents an open Economy

  • 3)

    Micro means __________.

  • 4)

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

  • 5)

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

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

  • 1)

    The branches of the subject Economics is

  • 2)

    Who coined the word ‘Macro’?

  • 3)

    Who is regarded as Father of Modern Macro Economics

  • 4)

    Macro economics is a study of_________

  • 5)

    Indicate the contribution of J M Keynes to economics

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

  • 1)

    Write down the three types of economic systems.

  • 2)

    What is Globalism?

  • 3)

    What are the demerits of socialism?

  • 4)

    What do you mean by Socialism?

  • 5)

    What is Mixed Economy?

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

  • 1)

    Outline major demerits of capitalism.

  • 2)

    Write any two demerits of capitalism.

  • 3)

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

  • 4)

    Explain any two merits of socialism.

  • 5)

    What are the demerits of mixed economy?

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

  • 1)

    Explain the four sector circular flow model.

  • 2)

    Explain the merits of socialism.

  • 3)

    Explain the Demerits of capitalism.

  • 4)

    Explain the merits of Mixed Economy.

  • 5)

    Explain the three sector model of economy with chart

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

  • 1)

    The branches of the subject Economics is

  • 2)

    Who coined the word ‘Macro’?

  • 3)

    Who is regarded as Father of Modern Macro Economics

  • 4)

    Indicate the contribution of J M Keynes to economics

  • 5)

    A steady increase in general price level is termed as_____________.

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

  • 1)

    The branches of the subject Economics is

  • 2)

    Who coined the word ‘Macro’?

  • 3)

    A steady increase in general price level is termed as_____________.

  • 4)

    Identify the necessity of Economic policies

  • 5)

    Identify the economic system where only private ownership of production exists

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

  • 1)

    Define Macro Economics

  • 2)

    Define the term ‘Inflation

  • 3)

    What is meant by an ‘Economy’?

  • 4)

    What do you mean by Capitalism?

  • 5)

    ‘Circular Flow of Income’ - Define

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

  • 1)

    Describe the different types of economic systems.

  • 2)

    Outline the major merits of capitalism.

  • 3)

    Enumerate the features of mixed economy

  • 4)

    Distinguish between Capitalism and Globalism.

  • 5)

    Briefly explain the two sector circular flow model.

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

  • 1)

    Discuss the scope of Macro Economics

  • 2)

    Illustrate the functioning of an economy based on its activities

  • 3)

    Compare the features of capitalism and socialism

  • 4)

    Compare the feature among Capitalism, Secularism and Mixedism

  • 5)

    Explain the four sector circular flow model.

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

  • 1)

    The branches of the subject Economics is

  • 2)

    Identify the other name for Macro Economics

  • 3)

    A steady increase in general price level is termed as_____________.

  • 4)

    Identify the necessity of Economic policies

  • 5)

    Economic system representing equality in distribution is _________.

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

  • 1)

    What is Statistics?

  • 2)

    What are the kinds of Statistics?

  • 3)

    What do you mean by Inferential Statistics?

  • 4)

    What are the kinds of data?

  • 5)

    Define Correlation.

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

  • 1)

    Define economic development

  • 2)

    Mention the indicators of development.

  • 3)

    Distinguish between economic growth and development

  • 4)

    What is GNP?

  • 5)

    Define economic planning

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

  • 1)

    State the meaning of environment.

  • 2)

    What do you mean by ecosystem?

  • 3)

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

  • 4)

    What are environmental goods? Give examples

  • 5)

    What are the remedial measures to control noise pollution?

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

  • 1)

    Define public finance.

  • 2)

    What is public revenue?

  • 3)

    Differentiate tax and fee.

  • 4)

    Write a short note on zero based budget.

  • 5)

    Give two examples for direct tax.

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

  • 1)

    Write the meaning of Special Drawing rights.

  • 2)

    Mention any two objectives of ASEAN.

  • 3)

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

  • 4)

    Define Common Market.

  • 5)

    What is Free trade area?

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

  • 1)

    What is International Economics?

  • 2)

    Define International trade.

  • 3)

    State any two merits of trade.

  • 4)

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

  • 5)

    Define Terms of Trade.

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

  • 1)

    Define Commercial banks.

  • 2)

    What is credit creation?

  • 3)

    Define Central bank.

  • 4)

    Distinguish between CRR and SLR

  • 5)

    Write the meaning of Open market operations

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

  • 1)

    Define Money

  • 2)

    What is barter?

  • 3)

    What is commodity money?

  • 4)

    What is gold standard?

  • 5)

    What is plastic money? Give example.

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

  • 1)

    What is consumption function?

  • 2)

    What do you mean by propensity to consume?

  • 3)

    Define average propensity to consume (APC).

  • 4)

    Define marginal propensity to consume (MPC).

  • 5)

    What do you mean by propensity to save?

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

  • 1)

    Define full employment.

  • 2)

    What is the main feature of rural unemployment ?

  • 3)

    Give short note on frictional unemployment

  • 4)

    Give reasons for labour retrenchment at present situation

  • 5)

    List out the assumptions of Say’s law.

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

  • 1)

    Define National Income.

  • 2)

    Write the formula for calculating GNP

  • 3)

    What is the difference between NNP and NDP?

  • 4)

    Trace the relationship between GNP and NNP

  • 5)

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

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

  • 1)

    Define Macro Economics

  • 2)

    Define the term ‘Inflation

  • 3)

    What is meant by an ‘Economy’?

  • 4)

    Classify the economies based on status of development

  • 5)

    What do you mean by Capitalism?

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

  • 1)

    Illustrate the functioning of an economy based on its activities

  • 2)

    Explain the merits of Mixed Economy.

  • 3)

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

  • 4)

    Narrate the equilibrium between ADF and ASF with diagram

  • 5)

    Comparison of Classicism and Keynesianism

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

  • 1)

    Enumerate the features of mixed economy

  • 2)

    Briefly explain the two sector circular flow model.

  • 3)

    Explain any two merits of socialism.

  • 4)

    Give short note on Expenditure method

  • 5)

    What is Depreciation?

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

  • 1)

    Define the term ‘Inflation

  • 2)

    What do you mean by Capitalism?

  • 3)

    Write the formula for calculating GNP

  • 4)

    Define GDP deflator

  • 5)

    Define full employment.

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

  • 1)

    Identify The Father of Socialism

  • 2)

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

  • 3)

    GNP = _________ + Net factor income from abroad

  • 4)

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

  • 5)

    The component of aggregate demand is__________

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

  • 1)

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

  • 2)

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

  • 3)

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

  • 4)

    Inflation is taxation without legislation' was said by______

  • 5)

    Barter system was introduced by________

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

  • 1)

    NBFI does not have.

  • 2)

    Central bank is_____ authority of any country.

  • 3)

    ARDC started functioning from

  • 4)

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

  • 5)

    Finance is the life blood of all economic activities such as________

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

  • 1)

    Exchange rates are determined in

  • 2)

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

  • 3)

    Cyclical disequilibrium in BOP occurs because of

  • 4)

    _______ includes both visible and invisible items.

  • 5)

    Large __________ are driving out foreign investors.

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

  • 1)

    GST is equivalence of

  • 2)

    Which of the following is a direct tax?

  • 3)

    Methods of repayment of public debt is

  • 4)

    Budget estimates are prepared by _____________

  • 5)

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

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

  • 1)

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

  • 2)

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

  • 3)

    The purpose of simple linear regression analysis is to:

  • 4)

    The raw materials of Econometrics are:

  • 5)

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

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

  • 1)

    Economic growth measures the_______

  • 2)

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

  • 3)

    Short-term plan is also known as________

  • 4)

    Which is not the characteristics of UDCs?

  • 5)

    Economic development depends on

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

  • 1)

    One of the most important market failures is caused by __________

  • 2)

    Which one of the following causes of global warming?

  • 3)

    Which of the following is main cause for deforestation?

  • 4)

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

  • 5)

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

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

  • 1)

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

  • 2)

    ASEAN meetings are held once in every _______ years

  • 3)

    The Tenth BRICS Summit was held in July 2018 at

  • 4)

    Jakarta is the head quarters of _________.

  • 5)

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

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

  • 1)

    Lower interest rates are likely to :

  • 2)

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

  • 3)

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

  • 4)

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

  • 5)

    If the MPC = 0.6, find MPS

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

  • 1)

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

  • 2)

    Keynes attributes unemployment to__________

  • 3)

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

  • 4)

    Rate of interest is a stock

  • 5)

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

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

  • 1)

    Expenditure method is used to estimate national income in_______

  • 2)

    Tertiary sector is also called as __________sector

  • 3)

    Per capita income is obtained by dividing the National income by__________

  • 4)

    Percapita Income =

  • 5)

    GDP by expenditure at ________ price.

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

  • 1)

    A steady increase in general price level is termed as_____________.

  • 2)

    Indicate the fundamental economic activities of an economy

  • 3)

    The country following Capitalism is ________________

  • 4)

    Identify The Father of Socialism

  • 5)

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

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

  • 1)

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

  • 2)

    Sources of secondary data are______

  • 3)

    The term regression was used by:

  • 4)

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

  • 5)

    The raw materials of Econometrics are:

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

  • 1)

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

  • 2)

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

  • 3)

    Short-term plan is also known as________

  • 4)

    Which is not the characteristics of UDCs?

  • 5)

    The first country to introduce Five Year Plan was

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

  • 1)

    In a pure public good, consumption is ___________

  • 2)

    One of the most important market failures is caused by __________

  • 3)

    The major contributor of Carbon monoxide is

  • 4)

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

  • 5)

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

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

  • 1)

    GST is equivalence of

  • 2)

    The direct tax has the following merits except

  • 3)

    "Revenue Receipts" of the Government do not include

  • 4)

    Budget estimates are prepared by _____________

  • 5)

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

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

  • 1)

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

  • 2)

    International Development Association is an affiliate of

  • 3)

    ASEAN meetings are held once in every _______ years

  • 4)

    Jakarta is the head quarters of _________.

  • 5)

    The __________ BRICS summit was held in July 2018 at Johannesburg

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

  • 1)

    Exchange rates are determined in

  • 2)

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

  • 3)

    BOP includes

  • 4)

    Comparative cost advantages was developed by

  • 5)

    _______ are determined in foreign exchange rate.

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

  • 1)

    Central bank is_____ authority of any country.

  • 2)

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

  • 3)

    The State Financial Corporation Act was passed by

  • 4)

    Finance is the life blood of all economic activities such as________

  • 5)

    ________is a Financial Institution

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

  • 1)

    Money is

  • 2)

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

  • 3)

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

  • 4)

    Inflation is taxation without legislation' was said by______

  • 5)

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

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

  • 1)

    The sum of the MPC and MPS is___________

  • 2)

    As income increases, consumption will______

  • 3)

    It the MPC is 0.5, the multiplier is ____________

  • 4)

    The term super multiplier was first used by

  • 5)

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

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

  • 1)

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

  • 2)

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

  • 3)

    _________ Flexibility brings equality between saving and investment

  • 4)

    Rate of interest is a stock

  • 5)

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

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

  • 1)

    Net National product at factor cost is also known as

  • 2)

    National income is a measure of the__________ performance of an economy

  • 3)

    __________ is deducted from gross value to get the net value

  • 4)

    Percapita Income =

  • 5)

    Net Domestic = GDP - _________.

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

  • 1)

    Indicate the contribution of J M Keynes to economics

  • 2)

    A steady increase in general price level is termed as_____________.

  • 3)

    The country following Capitalism is ________________

  • 4)

    Identify The Father of Socialism

  • 5)

    Micro means __________.

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

  • 1)

    Who is regarded as Father of Modern Macro Economics

  • 2)

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

  • 3)

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

  • 4)

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

  • 5)

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

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

  • 1)

    Who coined the word ‘Macro’?

  • 2)

    The country following Capitalism is ________________

  • 3)

    National income is measured by using_______ methods.

  • 4)

    In disguised unemployment, the marginal productivity of labour is _________

  • 5)

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

View all

TN Stateboard Education Study Materials

TN Stateboard Updated Class 12th Economics Syllabus

Introduction to Macro Economics

Introduction - Meaning of Macro Economics - Importance of Macro Economics - Scope of Macro Economics - Limitations - Economy and its Types - Economic Systems - Concepts of Macro Economics - Circular flow of Income

National Income

Introduction - Meaning of National Income - Definitions - Basic Concepts of National Income - Methods of Measuring National Income - Importance of National Income Analysis - Difficulties in Measuring National Income - National Income and Social Accounting

Theories of Employment and Income

Introduction - Meaning of Full Employment - Unemployment and its types - Classical Theory of Employment - Keynes Theory of Employment and Income - Effective Demand - Comparison of Classicism and Keynesianism

Consumption and Investment Functions

Introduction - Consumption Function - Investment Function - Multiplier - The Accelerator Principle - Super Multiplier: (K and \(\beta \) interaction)

Monetary Economics

Introduction - Money - Supply of Money - Quantity Theories of Money - Inflation - Meaning of Deflation, Disinflation and Stagflation - Trade Cycle

Banking

Introduction - Historical Development - Commercial Banks - Non-Banking Financial Institution (NBFI) - Central Bank - The Agricultural Refinance Development Corporation (ARDC) - Regional Rural Banks (RRBs) - NABARD and its role in Agricultural Credit - Reserve Bank of India and Industrial Finance - Monetary Policy - Recent Advancements in Banking Sector - Money Market - Capital Market - Demonetisation

International Economics

Introduction - Meaning of International Economics - Subject matter of International Economics - Meaning of Trade - Theories of International Trade - Gains from International Trade - Terms of Trade - Balance of Trade Vs Balance of Payment - Exchange Rate - Foreign Direct Investment (FDI) and Trade

International Economic Organisations

Introduction - International Monetary Fund - International Bank for Reconstruction and Development (IBRD) or World Bank - World Trade Organization - Trade Blocks - South Asia Association for Regional Cooperation (SAARC) - Association of South East Asian Nations (ASEAN) - BRICS 

Fiscal Economics

Introduction - Meaning of Public Finance - Definition - Subject Matter / Scope of public finance - Public finance and Private finance - Function of Modern State - Public Expenditure - Public Revenue - Introduction - Tax Revenue - Public Debt - Budgets - Federal finance - Local finance - Fiscal Policy

Environmental Economics

Introduction - Meaning of Environment - Eco System - Linkage between Economy and Environment - Environmental Goods - Environmental Quality - Pollution - Global Warming - Climate Change - Acid Rain - e-Wastes - Sustainable Development - Green Initiatives - Organic Farming - Tree Plantation - Seed Ball

Economics of Development and Planning

Meaning of Development and under development - Economic Growth Vs Economic Development - Measurement of Economic Development - Determinants of Economic Development - Economic and Non-Economic Factors - Vicious Circle of Poverty - Planning - Types of Planning - NlTI Aayog

Introduction to Statistical Methods and Econometrics

Etymology and milestones of Statistics in Global Level - Evolution of Statistics in India - Definition of Statistics - Characteristics and Functions of Statistics - Nature of Statistics - Scope of Statistics - Limitations of Statistics - Types of Statistics - Data - Arithmetic Mean or Mean (X) - Standard Deviation (\(\sigma\)) - Correlation (Y) - Regression - Introduction to Econometrics - Official Statistics

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

Latest Sample Question Papers & Study Material for class 12 session 2019 - 2020 for Subjects Maths, Chemistry, Physics, Biology, Computer Science, Business Maths, Commerce, Accountancy, History, Computer Applications, Computer Technology in PDF form to free download [ available question papers ] for practice. Download QB365 Free Mobile app & get practice question papers.

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