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12th Standard Economics Important 5 Mark Questions

12th Standard

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Economics

Time : 01:30:00 Hrs
Total Marks : 150

    Answer all the following Questions.

    30 x 5 = 150
  1. Illustrate the functioning of an economy based on its activities

  2. Compare the features among Capitalism, Secularism and Mixedism

  3. What are the difficulties involved in the measurement of national income?

  4. Describe the types of unemployment.

  5. Explain Keynes psychological law of consumption function with diagram.

  6. Explain the operation of the Accelerator.

  7. Explain the functions of money

  8. What are the causes and effects of inflation on the economy?

  9. Describe the functions of Reserve Bank of India.

  10. Discuss the Modern Theory of International Trade.

  11. How the Rate of Exchange is determined? Illustrate.

  12. Explain the objectives of IMF.

  13. Discuss the role of WTO in India’s socio-economic development.

  14. Explain the principles of Federal Finance.

  15. Explain the concepts of externality and its classification

  16. Discuss the economic determinants of economic development.

  17. Bring out the arguments against planning.

  18. Elucidatethe nature and scope of Statistics.

  19. Describe the application of Econometrics in Economics.

  20. Explain the four sector model of economy with chart.

  21. Discuss the concept of “Factor Cost”.

  22. Draw the diagram ADF.

  23. Derive the value of the multiplier assuming the basic form of the consumption function as C = a + bY where "a" is autonomous consumption and "b" is the marginal propensity to consume. You may assume a two-sector economy.

  24. Explain the evolution of money.

  25. Write the History, Administration and Brief Functions of RBI.

  26. Draw the flow chart for correction of Balance Payment Disequilibrium

  27. Explain in detail about the facilities offered by IMF to its member nations?

  28. numerate the factors are taken into account while preparing the budget

  29. Explain the effects and remedial measures to control water pollution.

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