List of top Economics Questions

What is market equilibrium?
What are the shapes of AR and MR curves, when each unit is sold at the same price?
Show the AR and MR curves in monopolistic competition through a diagram.
What is meant by determination of price ceiling?
Out of the three concepts of revenue, which is also known as price?
Define normative economics with a suitable example.
What is deficit budget?
Which items are included in balance of trade?
Explain the two main functions of central bank.
What is statutory liquidity ratio (SLR) called?
State two important reasons by which excess demand is generated.
When does production possibility curve shift to the right?
What is marginal propensity to consume?
Define macroeconomics.
What are the two main features of monopoly?
Why does an economic problem arise?
Why does demand curve slope downward?
Which of the following is not a revenue receipt?
Give two examples of variable costs.
What do you mean by fixed factors?
What will happen to MP (marginal product), when TP (total product) increases at an increasing rate?
What is the correct component of the union budget of India?
What is the difference between fixed and flexible rates of exchange?
What is the difference between cash credit and overdraft?
What happens when interest rate goes down?