List of top Economics Questions

Average fixed cost curve
Which of the following formula is correct for calculating marginal cost?
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.
Explain the 'Laws of Return to Scale' with diagram.
Describe the characteristics of 'Perfectly Competitive Market'. Explain the determination of price in such market.
What do you understand by Demand? Describe the determinants of Demand.
Explain the 'Law of Equi-Marginal Utility' in the analysis of consumer’s equilibrium.
Discuss the effect of upward shifting of Demand and Supply curve on equilibrium price and quantity.
Describe different concepts of National Income in India.
Describe the different components of the current account in the balance of payments.
Explain the law of diminishing marginal rate of substitution in indifference curves, with the help of diagram.
What are the different factors that affect the supply of foreign exchange?
Differentiate between 'Revenue Expenditure' and 'Capital Expenditure' of government budget.
Explain the Average Revenue (AR), Marginal Revenue (MR) and Total Revenue (TR).
Describe four demerits of barter system.
Write short note on 'Goods and Services Tax' in India.
What is autonomous investment and what is its role in the economy?
What is called the point of 'effective demand'?
What are different means of production and the rewards given to them?
Describe three factors that affect the supply curve of a firm.
What is the relation between G.D.P. at market price and G.V.A.?
Differentiate between Normal goods and Inferior goods.
‘Higher indifference curve represents higher level of satisfaction.’ Explain.