List of top Economics Questions

Explain the difference between balanced budget and unbalanced budget. Is a balanced budget an achievement of the government?
What do you understand by Consumer's equilibrium? Show Consumer's equilibrium with the help of Indifference Curve Analysis.
If disposable income is Rupees 1,000 crores, consumption level is Rupees 700 crores, then find the Average Propensity to Consume.
Write names of three methods of estimating National Income.
What is the difference between Stock and Flow?
State three limitations of Barter system of Exchange.
Define a Central Bank.
Write any three factors affecting the Elasticity of Demand.
What is 'Production Function'?
Clarify the meaning of Micro Economics.
Identify, which of the following is not a source of demand for foreign exchange for the Indian economy?
Who determines the exchange rate between the currencies of two countries?
Identify which of the following equations is true:
The non-tax revenue in the following is:
Average fixed cost curve
Which of the following formula is correct for calculating marginal cost?
Which of the following is not a function of the Reserve Bank of India?
The rate at which commercial banks borrow loans from the Reserve Bank of India to meet their long-term requirements is known as
Who wrote the famous book "Wealth of Nations"?
(a)(i) "To promote the green revolution, the Indian government provided fertilizer subsidies to the farmers." Briefly explain any two arguments in favour of such subsidies.
What do you understand by Demand? Describe the determinants of Demand.
Explain the 'Laws of Return to Scale' with diagram.
Describe the characteristics of 'Perfectly Competitive Market'. Explain the determination of price in such market.
Discuss the effect of upward shifting of Demand and Supply curve on equilibrium price and quantity.
Explain the 'Law of Equi-Marginal Utility' in the analysis of consumer’s equilibrium.