List of top Economics Questions

“The participation rate of people in economic activities in rural areas is more than that in urban areas.”
Justify the given statement.
Discuss any two liberalization measures pertaining to the tax reforms, introduced by the government, during the economic reform process of 1991.
Explain the ‘reallocation of resources’ objective of Government Budget.
Identify which of the following is {not one of the merits of a fixed exchange rate system:}
Read the following statements carefully: Statement 1: Economic territory and political frontier of a nation are one and the same thing.
Statement 2: American Embassy in India is a part of the economic territory of India. In the light of the given statements, choose the correct alternative from the following:
Identify which of the following will appear on the debit side in the Capital Account of India’s Balance of Payments:
What is the difference between a constraint and an objective function?
What is the difference between a consumer surplus and a producer surplus?
Which of the following is a major challenge facing the Indian economy?
Which of the following is a government program to promote entrepreneurship in India?
What is the role of the central bank in the Indian economy?
What is the difference between a hypothesis test and a confidence interval?
What is the difference between a Type I error and a Type II error?
What is the main challenge to India's economic growth?
Which of the following is NOT a characteristic of a public good?
What is the most common measure of dispersion?
What is the difference between a population and a sample?
Which of the following is a challenge to international trade in the 21st century?
Which of the following is a factor that can lead to an increase in exports?
Which of the following is a cost of international trade?
Which of the following is a type of trade barrier?
Which of the following is a trade agreement that reduces tariffs between member countries?
Which of the following is a trade organization that promotes free trade and economic cooperation among its members?
Which of the following is a theory that explains why countries specialize in producing and exporting goods and services in which they have a comparative advantage?
Which of the following is a type of trade policy that aims to protect domestic industries from foreign competition?