List of top Economics Questions

What do you understand by Fiscal Deficit?
Explain Production Function.
State the assumptions of Perfect Competition.
What do you understand by Gross Domestic Product?
What is Consumption Function?
The Balance of Payments is an annual accounting statement of a nation's:
Which of the following is not a function of the Reserve Bank of India?
Which one of the following concepts of money supply is called 'Broad Money' in India?
Which of the following determine the price under perfect competition?
The point of interaction of Aggregate Supply curve and Aggregate Demand curve is known as the point of:
If Marginal Propensity to Consume (MPC) is 0.5, then income multiplier is:
What is Centralised Planned Economy?
The slope of Indifference curve is:
Demand curve shows the relationship between:
Which of the following curves is shaped like a Rectangular Hyperbola?
Returns to Scale is related with:
Explain the meaning of devaluation and appreciation of currency in the Foreign Exchange market.
Explain the concepts of 'total fixed cost', 'total variable cost', and 'total cost'.
Describe the characteristics of a 'Perfectly Competitive Market'.
Explain the concepts of 'Revenue deficit', 'Fiscal deficit' and 'Primary deficit'.
What do you understand by Balance of Payments? Write the main items of Current account and Capital account related to it.
Write the definition of 'central bank'. Describe the various functions of a central bank.
Show the short-run equilibrium income of an economy with a diagram.
Explain the process of price determination of a commodity in a perfectly competitive market with the help of a diagram.
What do you mean by 'long-run' in production? Explain the laws of returns to scale.