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12th Standard English Medium Economics Subject Book Back 3 Mark Questions with Solution Part - I

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 75

    3 Marks

    25 x 3 = 75
  1. Describe the different types of economic systems.

  2. Indicate the demerits of socialism.

  3. Distinguish between Capitalism and Globalism.

  4. What is the solution to the problem of double counting in the estimation of national income?

  5. Explain Keynes’ theory.

  6. Explain about aggregate supply with the help of diagram.

  7. Explain any three subjective and objective factors influencing the consumption function.

  8. State the concept of super multiplier.

  9. What are the determinants of money supply?

  10. Explain Demand-pull and Cost push inflation.

  11. Give a brief note on NBFI.

  12. Distinguish between money market and capital market.

  13. Describe the subject matter of International Economics.

  14. Explain the Net Barter Terms of Trade and Gross Barter Terms of Trade.

  15. What are import quotas?

  16. State the objectives of Foreign Direct Investment.

  17. What are trade blocks?

  18. What is Multilateral Agreement?

  19. State briefly the functions of SAARC.

  20. What are the functions of a modern state?

  21. Point out any three differences between direct tax and indirect tax.

  22. Mention any three methods of redemption of public debt.

  23. Specify the meaning of material balance principle.

  24. What are the causes of water pollution?

  25. Elucidate major causes of vicious circle of poverty with diagram

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