12th Standard Syllabus & Materials
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Published on: 26/08/2020
12th Standard Economics English Medium Important 1 Mark Book Back Questions (New Syllabus) 2020
Download Tamil Nadu 12th Standard Economics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Economics Test
1.
Econometrics is the amalgamation of
3 subjects
4 subjects
2 subjects
5 subjects
2.
The term regression was used by:
Newton
Pearson
Spearman
Galton
3.
4.
Economic growth measures the_______
Growth of productivity
Increase in nominal income
Increase in output
None of the above
5.
Sustainable Development Goals and targets are to be achieved by ____________
2020
2025
2030
2050
6.
Environmental goods are ____________
Market goods
Non-market goods
Both
None ofthe above
7.
The primary purpose of deficit financing is
Economic development
Economic stability
Economic equality
Employment generation
8.
The tax possesses the following characteristics
Compulsory
No quid pro quo
Failure to pay is offence
All the above
9.
IBRD is otherwise called
IMF
World Bank
ASEAN
International Finance Corporation
10.
Exchange rates are determined in
money market
foreign exchange market
stock market
capital market
11.
Central bank is_____ authority of any country.
Monetary
Fiscal
Wage
National Income
12.
MV stands for
demand for money
supply of legal tender money
Supply of bank money
Total supply of money
13.
If the Keynesian consumption function is C=10+0.8Y then, when disposable income is Rs 100, what is the marginal propensity to consume?
₹ 0.8
₹ 800
₹ 810
₹ 0.81
14.
The main concern of the Classical Economic Theory is _______.
Under employment
Economy is always in the state of equilibrium
Demand creates its supply
Imperfect competition
15.
National income is measured by using_______ methods.
Two
Three
Five
Four
16.
Who is regarded as Father of Modern Macro Economics?
Adam Smith
J M Keynes
Ragnar Frisch
Karl Marx
1.
(a)
3 subjects
2.
(d)
Galton
3.
(d)
4.
(c)
Increase in output
5.
(c)
2030
6.
(b)
Non-market goods
7.
(a)
Economic development
8.
(d)
All the above
9.
(b)
World Bank
10.
(b)
foreign exchange market
11.
(a)
Monetary
12.
(b)
supply of legal tender money
13.
(a)
₹ 0.8
14.
(b)
Economy is always in the state of equilibrium
15.
(b)
Three
16.
(b)
J M Keynes
12th Standard Syllabus & Materials
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Tamilnadu Stateboard 12th Standard Subjects
Maths
Chemistry
Physics
Biology
Computer Science
Business Maths and Statistics
Economics
Commerce
Accountancy
History
Computer Applications
Biology
Computer Technology
Computer Applications
Computer Science
Business Maths and Statistics
Commerce
Economics
Maths
Chemistry
Physics
Computer Technology
History
Accountancy
Tamil
English
French
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