List of top Economics Questions

\[ \begin{array}{|c|c|c|c|} \hline \textbf{Round} & \textbf{Deposits} & \textbf{Loans (80\%)} & \textbf{Reserve Ratio (20\%)} \\ \hline I & 5000 & 4000 & \ldots(i)\ldots \\ \hline II & 4000 & \ldots(ii)\ldots & 800 \\ \hline \ldots & \ldots & \ldots & \ldots \\ \hline Total & \ldots(iii)\ldots & \ldots(iv)\ldots & 5000 \\ \hline \end{array} \]

Total consumption expenditure by households under Keynesian Economics is a combination of ________ and _____ . 
(Choose the correct alternative to fill in the blanks)

Identify the incorrect feature(s) of money supply (\(M_1\)) from the following:
[(i)] It is measured at a point of time. 
[(ii)] It does not include stock of money held by the government. 
[(iii)] It is always the currency in the hands of the Central Bank of a nation.

“The participation rate of people in economic activities in rural areas is more than that in urban areas.” Justify the given statement.
“Amita is a regular worker in a private firm that employs twelve hired workers.” Is she working in the formal/informal sector? Give valid reasons in support of your answer.
Discuss any two liberalization measures pertaining to the tax reforms, introduced by the government, during the economic reform process of 1991.
___ farming is a system that is helpful in restoring, maintaining, and enhancing the ecological balance.
(Choose the correct alternative to fill in the blank):
Define externalities.
Explain the ‘redistribution of income’ objective of the Government Budget.
Differentiate between public provision and public production.
"If actual demand for final goods falls short of the actual output of final goods corresponding to full employment level, it may lead to an unintended accumulation of inventories."
Do you agree with the given statement? Give valid reasons in support of your answer.
“Accommodating transactions are undertaken to maintain stability in the Balance of Payments Account.”
Justify the given statement with a valid explanation.
“Depreciation of currency may promote exports of a nation.”
Defend or refute the given statement with valid arguments.
Identify which of the following is not one of the merits of a fixed exchange rate system: In the light of the given statements, choose the correct alternative from the following:
Discuss the impacts of Special Economic Zones (SEZs) on the economic growth of China.
State any two advantages of micro-credit system in rural areas of India.
“During the colonial period the agricultural sector showed massive stagnation.” Do you agree with the given statement? Justify your answer with valid arguments.
“In the current situation, Information Technology plays a vital role in achieving food security in a nation like India.” Justify the given statement.
Elaborate the reasons owing to which the private sector was regulated under the Industrial Policy Resolution, 1956.
Classify the following as Revenue receipts or Capital receipts. Give valid arguments in support of your answer: Interest received on loan. Disinvestment receipts from the sale of a government company. (a) Interest received on loan.
Disinvestment receipts from the sale of a government company.
(a) Discuss briefly the concept of circular flow of income in a two-sector model.
Justify the following statements with valid arguments: Money serves as a ‘store of value’ in an economy. The Central Bank acts as ‘Government’s Bank’ in an economy. (a) Money serves as a ‘store of value’ in an economy.
(b)(i) “Every coin has two sides — debate over farm subsidies is one such classic example of the same.”
Justify the given statement with two arguments each in favour of and against the continuation of the farm subsidies.

In the decade of the 1970s, Pakistan nationalized its ________ industries. 
(Choose the correct option to fill in the blank)