List of top Economics Questions asked in UP Board XII

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.
Describe the items of Revenue Budget and Capital Budget of the Government.
Show the 'Circular flow of income' with diagram.
Describe the types of price elasticity of demand and describe the factors affecting elasticity of demand.
Write the Law of Diminishing Marginal Productivity.
Write the main characteristics of a market economy.
Show the equilibrium of a consumer with the Indifference Curve Technique.
What do you mean by 'Gross Domestic Product at Factor Cost'?
What is the meaning of the 'Paradox of Thrift'?
Explain the meaning of Microeconomics.
Draw an 'Indifference curve map'.
Differentiate between normal goods and inferior goods.
Which one of the following is a direct tax?