List of top Economics Questions

The rate at which commercial banks borrow loans from the Reserve Bank of India to meet their long-term requirements is known as

Which of the following is not a function of the Reserve Bank of India?

Which of the following formula is correct for calculating marginal cost?

Average fixed cost curve

Who wrote the famous book "Wealth of Nations"?

Explain the 'Law of Equi-Marginal Utility' in the analysis of consumer’s equilibrium.

Describe the different components of the current account in the balance of payments.

Describe different concepts of National Income in India.

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.

What is autonomous investment and what is its role in the economy?

Describe four demerits of barter system.

Write short note on 'Goods and Services Tax' in India.

What is called the point of 'effective demand'?

Explain the Average Revenue (AR), Marginal Revenue (MR) and Total Revenue (TR).

Explain the law of diminishing marginal rate of substitution in indifference curves, with the help of diagram.

Differentiate between 'Revenue Expenditure' and 'Capital Expenditure' of government budget.

What are the different factors that affect the supply of foreign exchange?

Differentiate between Normal goods and Inferior goods.

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.?

‘Higher indifference curve represents higher level of satisfaction.’ Explain.

Which one of the following is not a component of capital account in balance of payments?