List of top Economics Questions asked in Bihar Board Class XII

Which items are included in balance of trade?
Show the AR and MR curves in monopolistic competition through a diagram.
What is market equilibrium?
Define normative economics with a suitable example.
Out of the three concepts of revenue, which is also known as price?
What are the shapes of AR and MR curves, when each unit is sold at the same price?
Explain the two main functions of central bank.
What is meant by determination of price ceiling?
What is deficit budget?
When does production possibility curve shift to the right?
Why does demand curve slope downward?
What are the two main features of monopoly?
Why does an economic problem arise?
What is statutory liquidity ratio (SLR) called?
What is marginal propensity to consume?
Define macroeconomics.
State two important reasons by which excess demand is generated.
What is the difference between fixed and flexible rates of exchange?
What is the difference between cash credit and overdraft?
Which of the following is not a revenue receipt?
What do you mean by fixed factors?
What will happen to MP (marginal product), when TP (total product) increases at an increasing rate?
Give two examples of variable costs.
What is the correct component of the union budget of India?
If MPC = 1, then what will be the value of multiplier?