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11th Standard Economics Study material & Free Online Practice Tests - View Model Question Papers with Solutions for Class 11 Session 2020 - 2021
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Economics Question Papers

11th Standard Economics English Medium Free Online Test Book Back One Mark Questions - by Question Bank Software - View & Read

  • 1)

    'Economics is a study of mankind in the ordinary business of life' - It is the statement of

  • 2)

    Pick the odd one out

  • 3)

    The primary factors of production are:

  • 4)

    Cost refers to _____.

  • 5)

    Which of the following is a market structure where the Price is expected to be lower?

11th Standard Economics English Medium Free Online Test Book Back 1 Mark Questions with Answer Key - by Question Bank Software - View & Read

  • 1)

    The basic problem studied in Economics is

  • 2)

    Choice is always constrained or limited by the _______ of our resources.

  • 3)

    The man-made physical goods used to produce other goods and services are referred to as

  • 4)

    Cost functions are also known as _____ function.

  • 5)

    Equilibrium condition of a firm is ___________

11th Standard Economics English Medium Free Online Test Book Back One Mark Questions - Part Two - by Question Bank Software - View & Read

  • 1)

    "Economics is a science" The basis of this statement is ______

  • 2)

    Given potential price is Rs. 250 and the actual price is Rs. 200. Find the consumer surplus.

  • 3)

    Cobb - Douglas production function assumes

  • 4)

    Gandhian Economics is based on the Principle

  • 5)

    Tenth five year plan period was ___________ .

11th Standard Economics English Medium Free Online Test Book Back 1 Mark Questions with Answer Key - Part Two - by Question Bank Software - View & Read

  • 1)

    Producer's equilibrium is achieved at the point where:

  • 2)

    Revenue received from the sale of additional unit is termed as _____ revenue.

  • 3)

    In monopolistic competition, the essential feature is ____________

  • 4)

    Profit is the reward for

  • 5)

    The problem studied by Ambedkar in the context of Indian Economy is ______________

11th Standard Economics English Medium Free Online Test Book Back One Mark Questions - Part Three - by Question Bank Software - View & Read

  • 1)

    The concept of elasticity of demand was introduced by

  • 2)

    Product obtained from additional factors of production is termed as

  • 3)

    Marginal revenue is the addition made to the

  • 4)

    Residual Claimant Theory is propounded by

  • 5)

    Who introduced the National Development Council in India?

11th Standard Economics English Medium Free Online Test Book Back 1 Mark Questions with Answer Key - Part Three - by Question Bank Software - View & Read

  • 1)

    Who is the father of Economics?

  • 2)

    Marginal utility is measured by using the formula of

  • 3)

    Formula for calculating AP is

  • 4)

    Money cost is also known as _____ cost.

  • 5)

    Which of the following is a feature of monopolistic competition?

11th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - by Question Bank Software - View & Read

  • 1)

    'Nomos' means

  • 2)

    In the absence of consumption there can be no_________.

  • 3)

    Consumer surplus is highest in the case_____________.

  • 4)

    Labour cannot be separated from

  • 5)

    When AR remains constant MR is also ____.

11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - by Question Bank Software - View & Read

  • 1)

    TR = __________

  • 2)

    A final shape to the 'Indifference Curve Analysis' was given by ______

  • 3)

    The long run production is analysed by using two concept _____________ and ______________

  • 4)

    Fixed cost is also called as _____.

  • 5)

    The imperfect competition was propounded in America by ___________

11th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - Part Two - by Question Bank Software - View & Read

  • 1)

    Capital good also called ________.

  • 2)

    Under perfect competition. The demand curve is

  • 3)

    The cost which is never zero even when production is stopped is called ________ cost.

  • 4)

    The land which yields rent is called ______________.

  • 5)

    Indian Railways Provide Wi-Fi Facility First in India is.

11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - Part Two - by Question Bank Software - View & Read

  • 1)

    Who is the author of the book "An essay on the nature and significance of economic science?

  • 2)

    The famous 'diamond - water paradox' was explained by _______

  • 3)

    Production refers to

  • 4)

    MC=MR is ___________

  • 5)

    Who is the aurhor of agio theory of Interest?

11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - Part Five - by Question Bank Software - View & Read

  • 1)

    The deductive method is also known as ________.

  • 2)

    There are __________ kinds of elasticity of demand.

  • 3)

    Exertion of body or mind

  • 4)

    Profit is a called

  • 5)

    The author of liquidity preference theory is_____________.

11th Standard Economics Introduction to Micro-Economics English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    'Economics is a study of mankind in the ordinary business of life' - It is the statement of

  • 2)

    Macro means

  • 3)

    What is the name for money Income.

  • 4)

    Economic is a ___________ .

  • 5)

    According to Adam Smith "Economics as the science of"

11th Standard Economics Consumption Analysis English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    Gossen's first law is known as

  • 2)

    The concept of consumer's surplus is associated with

  • 3)

    Indifference curve approach is based on

  • 4)

    According to the law of diminishing marginal utility, the utility from the consumption of each additional unit starts _____

  • 5)

    The concept of consumers surplus was introduced by ____

11th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - Part Three - by Question Bank Software - View & Read

  • 1)

    The book "An essay on the Nature and significance of economic science" writen by.

  • 2)

    The cardinal utility approach was criticised by the English Economist

  • 3)

    Labour cannot be separated from

  • 4)

    When price elasticity of demand is less than one, MR is negative and TR is _____________

  • 5)

    ____________money is held to meet an unforeseen expenditure.

11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - Part Three - by Question Bank Software - View & Read

  • 1)

    According to Adam Smith "Economics as the science of"

  • 2)

    The indifference curve approach is based on the concept

  • 3)

    Who are interested in enlarging the scale of production of their commodities.

  • 4)

    Population growth rate in India is as high as ______

  • 5)

    _____________remove regional disparities industrializing rural and backward areas.

11th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - Part Four - by Question Bank Software - View & Read

  • 1)

    Economics is a _______science

  • 2)

    Production is the process of transformation of inputs into_______________.

  • 3)

    The law of Diminishing Marginal utility called as

  • 4)

    __________ represent Human capital.

  • 5)

    Land is _________ in supply.

11th Standard Economics English Medium Free Online Test Creative One Mark Questions with Answer Key - Part Four - by Question Bank Software - View & Read

  • 1)

    Environmental economics is a study of inter disciplinary tools for the problems of____

  • 2)

    Economic laws can be derived by____________.

  • 3)

    The total area under the demand curve of a product measure______________.

  • 4)

    The changing agent of the society is called______________.

  • 5)

    Find out the Real Cost

11th Standard Economics English Medium Free Online Test Creative 1 Mark Questions - Part Five - by Question Bank Software - View & Read

  • 1)

    In which year Adam Smith published "The Wealth of Nations"

  • 2)

    The total area under the demand curve of a product measure______________.

  • 3)

    At what point is the marginal product maximum?

  • 4)

    MC curve is a ____ shaped curve.

  • 5)

    MC = MR is

11th Standard Economics Introduction to Micro-Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    The basic problem studied in Economics is

  • 2)

    "Economics studies human behaviour as a relationship between ends and scarce means which have alternative uses" is the definition of economics of

  • 3)

    "Economics is a science" The basis of this statement is ______

  • 4)

    A market is

  • 5)

    'Nomos' means

11th Standard Economics Consumption Analysis English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    Pick the odd one out

  • 2)

    The basis for the law of demand is related to

  • 3)

    Given potential price is Rs. 250 and the actual price is Rs. 200. Find the consumer surplus.

  • 4)

    The concept of elasticity of demand was introduced by

  • 5)

    A consumer is in equilibrium when marginal utilities from two goods are

11th Standard Economics Production Analysis English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    The man-made physical goods used to produce other goods and services are referred to as

  • 2)

    The short-run production is studied through

  • 3)

    Modern economists have propounded the law of

  • 4)

    The relationship between the price of a commodity and the supply of commodity is

  • 5)

    _____________ said that 'exertion of body or mind' results in labour.

11th Standard Economics Production Analysis English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    Which factor is called the changing agent of the Society

  • 2)

    The relationship between the price of a commodity and the supply of commodity is

  • 3)

    __________is the other name given for factor of production.

  • 4)

    __________ represent Human capital.

  • 5)

    Accumulation of more and more physical capital is called ________________

11th Standard Economics Cost and Revenue Analysis English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    Cost refers to _____.

  • 2)

    Money cost is also known as _____ cost.

  • 3)

    Wage is an example for _____ cost of the production.

  • 4)

    Identify the formula of estimating average cost.

  • 5)

    Long-run average cost curve is also called as _____ curve.

11th Standard Economics Cost and Revenue Analysis English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    Cost functions are also known as _____ function.

  • 2)

    The cost that varies with the level of output is termed as _____ cost.

  • 3)

    The cost per unit of output is denoted by _____ cost.

  • 4)

    Revenue received from the sale of products is known as _____ revenue.

  • 5)

    Find total fixed cost where TC = 500 and TVC= 100.

11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Eight - by Question Bank Software - View & Read

  • 1)

    A most refined form of the concept of consumer's surplus was given by

  • 2)

    The long-run production function is explained by

  • 3)

    __________ represent Human capital.

  • 4)

    Land is _________ in supply.

  • 5)

    TC = _____.

11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Six - by Question Bank Software - View & Read

  • 1)

    Who is regard Economics as a "dismal science", "pig science".

  • 2)

    The book titled "The General Theory of Employment, interest and money" was published by

  • 3)

    _____ does Px denotes.

  • 4)

    Consumer's surplus was first mentioned by _________.

  • 5)

    The rate of change in quantity demand due to a given change in price known as

11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Six - by Question Bank Software - View & Read

  • 1)

    Which theory is generally included under micro economics?

  • 2)

    Who assumed that "utility is measurable".

  • 3)

    __________are the basis for human behavior to buy and consume goods.

  • 4)

    The indifference curve approach is based on the concept

  • 5)

    Who are interested in enlarging the scale of production of their commodities.

11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Seven - by Question Bank Software - View & Read

  • 1)

    The equilibrium price is the price at which

  • 2)

    Economics is a _______science

  • 3)

    The concept of net economic welfare has been given by

  • 4)

    Marginal utility analysis is based on __________ .

  • 5)

    The Cobb-Douglas Production function was developed by ________________

11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Seven - by Question Bank Software - View & Read

  • 1)

    The equilibrium price is the price at which

  • 2)

    The concept of consumer's surplus is associated with

  • 3)

    Cobb - Douglas production function assumes

  • 4)

    India bags the ___ in terms of nominal gross domestic product.

  • 5)

    Give an example for main gold region in India _____

11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Eight - by Question Bank Software - View & Read

  • 1)

    Inductive Method is also called as

  • 2)

    A____________science is prescriptive in nature.

  • 3)

    The concept of consumer's surplus is associated with

  • 4)

    Utility can be measured and quantified under_____________.

  • 5)

    ___________ increases the cost of production of a commodity or service.

11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Nine - by Question Bank Software - View & Read

  • 1)

    Ordinal Utility can be measured by

  • 2)

    Giffen goods are classified in to ________and___________ goods.

  • 3)

    Indifference curve has____________.

  • 4)

    Which of the following is not a characteristic of land?

  • 5)

    The __________ is an important component in analysing producer's behaviour.

11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Nine - by Question Bank Software - View & Read

  • 1)

    Public Finance is concerned with

  • 2)

    Marginal utility analysis is based on __________ .

  • 3)

    Responsiveness of the quantity supplied of a good to a change in its price is_______

  • 4)

    Revenue received from the sale of additional unit is termed as _____ revenue.

  • 5)

    Very short period is also called ________ period

11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Ten - by Question Bank Software - View & Read

  • 1)

    _______ results in increased production.

  • 2)

    A change in the quantity supplied is a response to a change in the price is called __

  • 3)

    ___________refers to the quantity of goods or services that consumers are willing and able to purchase / buy at a given period of time.

  • 4)

    A firm under monopoly can earn ________ in the short run

  • 5)

    These are _____ degrees of price discrimination.

11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Ten - by Question Bank Software - View & Read

  • 1)

    The process of reasoning from particular to general is

  • 2)

    Capital good also called ________.

  • 3)

    As a factor of production, capital is a _______________means of production.

  • 4)

    Global Market

  • 5)

    There is strict barrier for entry of any new firm in_______________.

11th Standard Economics Distribution Analysis English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    Theory of distribution is popularly known as,

  • 2)

    'Original and indestructible power of the soil' is the term used by

  • 3)

    According to the Loanable Funds Theory, supply of loanable funds is equal to

  • 4)

    Innovation Theory of profit was given by

  • 5)

    VMP= ____________.

11th Standard Economics Market Structure and Pricing English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    Equilibrium condition of a firm is ___________

  • 2)

    Profit of a firm is obtained when __________.

  • 3)

    In which type of market, AR and MR are equal _______

  • 4)

    Price leadership is the attribute of ________

  • 5)

    In which market form, does absence of competition prevail?

11th Standard Economics Market Structure and Pricing English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    Which of the following is a market structure where the Price is expected to be lower?

  • 2)

    Group equilibrium is analysed in ____________

  • 3)

    Under perfect competition, the shape of demand curve of a firm is ___________

  • 4)

    Which of the following involves maximum exploitation of consumers?

  • 5)

    Very short period is also called ________ period

11th Standard Economics Distribution Analysis English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    'Original and indestructible power of the soil' is the term used by

  • 2)

    Money wages are also known as

  • 3)

    According to the Loanable Funds Theory, supply of loanable funds is equal to

  • 4)

    The distribution of income or wealth of a country among the individuals are

  • 5)

    "Wages as a sum of money are paid under contract by an employer to a worker for services rendered" - Who said this?

11th Standard Economics Indian Economy English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    The measure of economic growth of a country is indicated by ____________.

  • 2)

    The weakness of Indian Economy is _____

  • 3)

    The year 1961 is known as ______

  • 4)

    Who among the following propagated Gandhian Economic thinkings.

  • 5)

    There are only _____ main gold mine regions.

11th Standard Economics Indian Economy English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    The measure of economic growth of a country is indicated by ____________.

  • 2)

    The number of deaths per thousand of population is called as ______

  • 3)

    Density of population =

  • 4)

    The problem studied by Ambedkar in the context of Indian Economy is ______________

  • 5)

    V.K.R.V Rao was a student of

11th Standard Economics Indian Economy Before and After Independence English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    "Economics studies human behaviour as a relationship between ends and scarce means which have alternative uses" is the definition of economics of

  • 2)

    Who has given scarcity definition of economic?

  • 3)

    Marginal utility is measured by using the formula of

  • 4)

    Gossen's first law is known as

  • 5)

    The concept of consumer's surplus is associated with

11th Standard Economics Indian Economy Before and After Independence English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    Tenth five year plan period was ___________ .

  • 2)

    Annual plans formed in the year _________ .

  • 3)

    Britain had exploited __ over a period of two countries of its colonial rule.

  • 4)

    The British capitalists who established __ in Bengal.

  • 5)

    Mahalwari System was introduced in ______

11th Standard Economics Development Experiences in India English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    The Arguments against LPG relate to ________

  • 2)

    Goods and Services Tax is _____

  • 3)

    The recommendation of Narashimham Committee Report was submitted in the year ________

  • 4)

    The Raja Chelliah Committee on Trade Policy Reforms suggested the peak rate on import duties at

  • 5)

    _____ Architect of new economic policy.

11th Standard Economics Development Experiences in India English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    Agricultural Produce Market Committee is a _____.

  • 2)

    The farmers have access to credit under Kisan credit card scheme through the following except

  • 3)

    The first ever SEZ in India was set up at

  • 4)

    The Goods and Services Tax Act come into effect on ______

  • 5)

    In 1947, India was a typically ______ economy.

11th Standard Economics Rural Economics English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    Which is considered as the basic unit for rural areas?

  • 2)

    Identify the feature of rural economy.

  • 3)

    What is the other name for concealed unemployment?

  • 4)

    Identify the year of launch of MUDRA Bank?

  • 5)

    ______________ is an example of subsidiary occupations.

11th Standard Economics Rural Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    Which feature is identified with rural areas?

  • 2)

    Identify the agriculture related problem of rural economy

  • 3)

    Indicate the cause for rural poverty.

  • 4)

    How much share of rural families in India is in debt?

  • 5)

    In which year, Regional Rural Banks came into existence?

11th Standard Economics Tamil Nadu Economy English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    In health index, Tamil Nadu is ahead of

  • 2)

    SPIC is located in

  • 3)

    In India's total cement production, Tamil Nadu ranks

  • 4)

    Tamil Nadu being the __ largest in area.

  • 5)

    Tamil Nadu is the __ largest economy

11th Standard Economics Tamil Nadu Economy English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    Which of the following is wrongly matched?

  • 2)

    TN tops in the production of the following crops except

  • 3)

    Which Union Territory has the highest sex ratio?

  • 4)

    The Headquarters of Southern Railway is at

  • 5)

    Tamil Nadu's performance is outstanding in areas of ________.

11th Standard Economics Mathematical Methods for Economics English Medium Free Online Test One Mark Questions 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    The construction of demand line or supply line is the result of using

  • 2)

    Suppose D = 50 - 5P. When D is zero then

  • 3)

    Suppose determinant of a matrix Δ = 0, then the solution

  • 4)

    The elasticity of demand is the ratio of

  • 5)

    ______ declared that he wanted to reduce political and economic matters in terms of number, weight and measure

11th Standard Economics Mathematical Methods for Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021 - by Question Bank Software - View & Read

  • 1)

    The construction of demand line or supply line is the result of using

  • 2)

    Suppose D = 50 - 5P. When D is zero then

  • 3)

    Suppose determinant of a matrix Δ = 0, then the solution

  • 4)

    Differentiation of constant term gives

  • 5)

    Fixed cost is the _____ term in cost function represented in mathematical form

11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - by Question Bank Software - View & Read

  • 1)

    Which one of the following is not a point in the Welfare Definition of Economics?

  • 2)

    General theory of 'Employment Interest and Money' published in _____

  • 3)

    Who assumed that "utility is measurable".

  • 4)

    Which of the following would not result in a rightward shift of the PPC?

  • 5)

    When marginal utility reaches zero, the total utility will be

11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - by Question Bank Software - View & Read

  • 1)

    Utility means

  • 2)

    Micro Economics covers

  • 3)

    Who expressed the view that, "economics is neutral between ends"?

  • 4)

    Increase in demand is caused by

  • 5)

    If the price of any complement goods rises,_____________.

11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Two - by Question Bank Software - View & Read

  • 1)

    Total revenue is equal to total output sold multiplied by

  • 2)

    The indifference curve are

  • 3)

    A production function measures the relation between

  • 4)

    Price rigidity is the attribute of _______

  • 5)

    MRP=______________.

11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Two - by Question Bank Software - View & Read

  • 1)

    The process of reasoning from particular to general is

  • 2)

    Normative Science is concerned with_______________.

  • 3)

    An Iso - quant curve is also known as

  • 4)

    Explicit costs are termed as

  • 5)

    When price remains constant, AR will be _____ MR.

11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Three - by Question Bank Software - View & Read

  • 1)

    Utility means

  • 2)

    Deductive method is also called as

  • 3)

    ________ can be eliminated by limiting the human wants.

  • 4)

    __________ scale of production facilitates specialization and delegation.

  • 5)

    _________ are very important to decide the production behaviour of a firm.

11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Three - by Question Bank Software - View & Read

  • 1)

    "Economics studies human behaviour as a relationship between ends and scarce means which have alternative uses" is the definition of economics of

  • 2)

    ________are transferable

  • 3)

    Who is considered as the father of scientific socialism?

  • 4)

    Demand theory, supply theory etc have been derived based on_______________.

  • 5)

    Given potential price is Rs. 250 and the actual price is Rs. 200. Find the consumer surplus.

11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Four - by Question Bank Software - View & Read

  • 1)

    The equilibrium price is the price at which

  • 2)

    The author of scarcity definition

  • 3)

    Points outside the PPC are

  • 4)

    In case of relatively more elastic demand the shape of the curve is

  • 5)

    There are __________ kinds of elasticity of demand.

11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Four - by Question Bank Software - View & Read

  • 1)

    Which theory is generally included under micro economics?

  • 2)

    Economics according to the Lionel Robbins is a___________ science.

  • 3)

    Wants may be both __________ and complementary.

  • 4)

    Price elasticity of demand is defined as the responsiveness of_____________.

  • 5)

    Entrepreneur stand to benefit from the resulting _____________ .

11th Standard Economics English Medium Free Online Test 1 Mark Questions 2020 - Part Five - by Question Bank Software - View & Read

  • 1)

    Economics is a _______science

  • 2)

    The book "An essay on the Nature and significance of economic science" writen by.

  • 3)

    The goods which satisfy human wants directly are known as_________________.

  • 4)

    Equi - Marginal Utility means equal marginal utilities derived from the consumption of more than_____

  • 5)

    In the absence of consumption there can be no_________.

11th Standard Economics English Medium Free Online Test One Mark Questions with Answer Key 2020 - Part Five - by Question Bank Software - View & Read

  • 1)

    The concept of consumer's surplus is associated with

  • 2)

    On the basis of regulation the market can be classified as _________

  • 3)

    Land differs in ________ .

  • 4)

    The number of deaths per thousand of population is called as ______

  • 5)

    ___________________ helped the government to the real uplifting of standard of living of people.

11th Standard Economics English Medium All Chapter Book Back and Creative One Marks Questions 2020 - by Question Bank Software - View & Read

  • 1)

    Utility means

  • 2)

    _____have exchange value and their ownership rights can be established and exchanged

  • 3)

    The scarcity of a commodity is only in relation to its

  • 4)

    The General theory of Employment, Interest and Money published by

  • 5)

    When marginal utility reaches zero, the total utility will be

11th Standard Economics English Medium All Chapter Book Back and Creative Two Marks Questions 2020 - by Question Bank Software - View & Read

  • 1)

    What is meant by Economics?

  • 2)

    What are goods?

  • 3)

    What are the major features of Robbins definitions?

  • 4)

    Distinguish between nominal income and real income?

  • 5)

    What are Giffen goods? Why is it called so?

11th Standard Economics English Medium All Chapter Book Back and Creative Three Marks Questions 2020 - by Question Bank Software - View & Read

  • 1)

    Explain the scarcity definition of Economics and assess it.

  • 2)

    What are the important features of utility?

  • 3)

    Examine the major implications of samuelson growth definition

  • 4)

    Explain the importance of microeconomics.

  • 5)

    Mention the relationship between marginal utility and total utility.

11th Standard Economics English Medium All Chapter Book Back and Creative Five Marks Questions 2020 - by Question Bank Software - View & Read

  • 1)

    Compare and contrast various definitions of Economics.

  • 2)

    Elaborate the nature and scope of Economics.

  • 3)

    Explain the wealth definition given by Adam Smith.

  • 4)

    Examine the nature of Economic laws.

  • 5)

    Elucidate the law of diminishing marginal utility with diagram.

11th Economics - Full Portion Five Marks Question Paper - by 8682895000 - View & Read

  • 1)

    Explain various Steps of Deductive and Inductive methods.

  • 2)

    Examine Adam Smith's Definition of Economics.

  • 3)

    Elucidate the law of diminishing marginal utility with diagram.

  • 4)

    Enumerate the determinants of Demand?

  • 5)

    What are the factors determining supply?

11th Economics - Full Portion Three Marks Question Paper - by 8682895000 - View & Read

  • 1)

    Explain different types of economic activities.

  • 2)

    Explain the different types of goods?

  • 3)

    When does a shift in the demand curve occur? Explain the shift in the demand curve with the help of a diagram.

  • 4)

    What are the functions of Entrepreneur?

  • 5)

    Explain the Internal and External diseconomies of scale.

11th Economics - Full Portion Two Marks Question Paper - by 8682895000 - View & Read

  • 1)

    What are goods?

  • 2)

    Differ Economic Goods with free goods.

  • 3)

    What is Income?

  • 4)

    Explain the following concepts of Total utility.

  • 5)

    Define Labour.

11th Economics - Revision Model Question Paper 2 - by Question Bank Software - View & Read

  • 1)

    'Economics is a study of mankind in the ordinary business of life' - It is the statement of

  • 2)

    "Demand in economics is the desire to possess something and the willingness and the ability to pay a certain price in order to possess it," says ________

  • 3)

    The ISO-quant is also called as the _________

  • 4)

    The cost per unit of output is denoted by _____ cost.

  • 5)

    Opportunity cost is also called as ____.

11th Economics - Public Exam Model Question Paper 2019 - 2020 - by Question Bank Software - View & Read

  • 1)

    Identify the correct characteristics of utility

  • 2)

    In the case of two perfect substitutes, the indifference curve will be________________.

  • 3)

    _________ of production mean resources used in the process of production of commodities.

  • 4)

    The cost incurred by producing one more unit of output is _____  cost.

  • 5)

    Variable cost + Cost of Administration together known as __________ .

11th Economics - Mathematical Methods for Economics Model Question Paper - by Question Bank Software - View & Read

  • 1)

    The formula for constructing a straight line is ____

  • 2)

    110 - 20P = 50 + 10 P therefore P = ?

  • 3)

    _______ is a plural form

  • 4)

    ______ is a word processor, which helps to create, edit, print and save documents for future retrieval and reference.

  • 5)

    ______ version supports up to 1 million rows and 16 thousand columns per work sheet.

11th Economics - Tamil Nadu Economy Model Question Paper - by Question Bank Software - View & Read

  • 1)

    There are __________ river basins in Tamil Nadu.

  • 2)

    NLC stands for ________.

  • 3)

    ________ provides over 60% of India's total offset printing solutions.

  • 4)

    ____ International Airport is currently the third largest airport in India after Mumbai and Delhi.

  • 5)

    Tamil Nadu sources some of its power needs from renewable sources with wind power contributing over _____

11th Economics - Rural Economics Model Question Paper - by Question Bank Software - View & Read

  • 1)

    Rural ____________ and ____________ are inter related.

  • 2)

    The excess supply of labour in rural areas reduces the _____________

  • 3)

    The _________ forces the farmers to borrow for consumption as well as for cultivation.

  • 4)

    Small Scale Industrial Units with a Capital investment of not more than Rs. ___________ Lakhs.

  • 5)

    Self - Help Groups (SHGs)

11th Economics - Development Experiences in India Model Question Paper - by Question Bank Software - View & Read

  • 1)

    Most of the problems relating to the marketing____

  • 2)

    Indian economy has achieved a remarkable rate of growth in ______.

  • 3)

    The____act was passed in the parliament on 29th March 2017

  • 4)

    The Chelliah Committee's report had suggested drastic reduction in______.

  • 5)

    Raja J. Chellaiah committee was meant for_______.

11th Economics - Indian Economy Before and After Independence Model Question Paper - by Question Bank Software - View & Read

  • 1)

    In 1614 Sir Thomas Roe was successful in getting permission from

  • 2)

    The Industry which was de-reserved in 1993?

  • 3)

    The father of Green Revolution in India was __________

  • 4)

    In the first five year plan, the top priority was given to ______ Sector.

  • 5)

    The 14 banks were nationalized in the year

11th Economics - Indian Economy Model Question Paper - by Question Bank Software - View & Read

  • 1)

    Economic infrastructure is the ____ system which helps in production and distribution.

  • 2)

    Hematite iron is mainly found in _____

  • 3)

    ______ is a heat resisting mineral which is also a bad conductor of electricity.

  • 4)

    ______ is used in electrical equipments as an insulator.

  • 5)

    India ranks ____ in the world.

11th Economics - Distribution Analysis Model Question Paper - by Question Bank Software - View & Read

  • 1)

    The reward for labour is

  • 2)

    Money wages are also known as

  • 3)

    Residual Claimant Theory is propounded by

  • 4)

    The reward given for the use of capital

  • 5)

    The concept of meeting unexpected expenditure according to Keynes is

11th Economics - Market Structure and Pricing Model Question Paper - by Question Bank Software - View & Read

  • 1)

    Equilibrium condition of a firm is ___________

  • 2)

    Which of the following is a feature of monopolistic competition?

  • 3)

    In monopoly, MR curve lies below ____________

  • 4)

    Very long period market is also called as ____________

  • 5)

    Imperfect competition market which comprises _________

11th Economics - Cost and Revenue Analysis Model Question Paper - by Question Bank Software - View & Read

  • 1)

    Cost functions are also known as _____ function.

  • 2)

    Identify the formula of estimating average variable cost.

  • 3)

    The cost per unit of output is denoted by _____ cost.

  • 4)

    Find total fixed cost where TC = 500 and TVC= 100.

  • 5)

    _____ is the summation of explicit and implicit costs.

11th Economics - Production Analysis Model Question Paper - by Question Bank Software - View & Read

  • 1)

    The functional relationship between "inputs" and "outputs" is called as

  • 2)

    In a firm 5 units of factors produce 24 units of the product. When the number of factor increases by one, the production increases to 30 units. Calculate the Average Product.

  • 3)

    An Iso - quant curve is also known as

  • 4)

    _____________ is a free gift of nature.

  • 5)

    ___________ may be classified in to five kinds

11th Economics - Consumption Analysis Important Questions - by Question Bank Software - View & Read

  • 1)

    Choice is always constrained or limited by the _______ of our resources.

  • 2)

    The basis for the law of demand is related to

  • 3)

    The concept of elasticity of demand was introduced by

  • 4)

    The concept of consumers surplus was introduced by ____

  • 5)

    The __ principle is quite useful in explaining the "water diamond paradox"

11th Economics - Introduction To Micro-Economics Important Questions - by Question Bank Software - View & Read

  • 1)

    The basic problem studied in Economics is

  • 2)

    The equilibrium price is the price at which

  • 3)

    Who is the father of Economics?

  • 4)

    The term or word 'Economics' comes from language

  • 5)

    "Economics as the science of wealth" - It is the statement of

11th Economics Half Yearly Model Question Paper 2019 - by Question Bank Software - View & Read

  • 1)

    The equilibrium price is the price at which

  • 2)

    Who assumed that "utility is measurable".

  • 3)

    When marginal utility reaches zero, the total utility will be

  • 4)

    The _________ will bring down the prices to raise demand.

  • 5)

    The reward in respect of entrepreneurial ability is called___________.

11th Standard Economics - Term II Model Question Paper - by Manju - Rajapalayam - View & Read

  • 1)

    Who is the father of Economics?

  • 2)

    The process of reasoning from particular to general is

  • 3)

    When marginal utility reaches zero, the total utility will be

  • 4)

    Formula for calculating AP is

  • 5)

    Modern economists have propounded the law of

11th Economics - Mathematical Methods for Economics Model Question Paper - by Manju - Rajapalayam - View & Read

  • 1)

    The construction of demand line or supply line is the result of using

  • 2)

    Function with single independent variable is known as

  • 3)

    An incremental change in dependent variable with respect to change in independent variable is known as

  • 4)

    Suppose D = 50 - 5P. When D is zero then

  • 5)

    Suppose determinant of a matrix Δ = 0, then the solution

11th Standard Economics- TamilNadu Economy Model Question Paper - by Manju - Rajapalayam - View & Read

  • 1)

    In health index, Tamil Nadu is ahead of

  • 2)

    Tamil Nadu is rich in

  • 3)

    Which of the following cities does not have international airport?

  • 4)

    In literacy rate, TN ranks

  • 5)

    Which district in TN has the highest sex ratio?

11th Standard Economics - Rural Economics Model Question Paper - by Manju - Rajapalayam - View & Read

  • 1)

    Which is considered as the basic unit for rural areas?

  • 2)

    What percentage of the total population live in rural area, as per 2011 censes?

  • 3)

    What is the term used to denote the coexistence of two different features in an economy?

  • 4)

    Identify the agriculture related problem of rural economy

  • 5)

    Indicate the cause for rural poverty.

11th Economics - Development Experiences in India Model Question Paper - by Manju - Rajapalayam - View & Read

  • 1)

    Which of the following is the way of privatisation?

  • 2)

    The Arguments against LPG relate to ________

  • 3)

    India is the largest producer of _______ in the world.

  • 4)

    The Special Economic Zones policy was announced in_____

  • 5)

    Financial sector reforms mainly related to____

11th Standard Economics - Indian Economy Before and After Independence Model Question Paper - by Manju - Rajapalayam - View & Read

  • 1)

    The arrival of Vasco da Gama in Calicut, India

  • 2)

    Ryotwari system was initially introduced in

  • 3)

    The Industry which was de-reserved in 1993?

  • 4)

    In the first five year plan, the top priority was given to ______ Sector.

  • 5)

    The Oldest large scale industry in India

11th Economics - Indian Economy Model Question Paper - by Manju - Rajapalayam - View & Read

  • 1)

    The main gold mine region in Karnataka is ______

  • 2)

    The position of Indian Economy among the other strongest economies in the world is ______

  • 3)

    A scientific study of the characteristics of population is _____

  • 4)

    The number of births per thousand population is called as

  • 5)

    Who introduced the National Development Council in India?

11th Standard Economics - Development Experiences in India Three Marks Questions - by Question Bank Software - View & Read

  • 1)

    How do you justify the merits of Privatisation?

  • 2)

    What are the measures taken towards Globalization?

  • 3)

    Write a note on Foreign investment policy?

  • 4)

    Give short note on Cold storage.

  • 5)

    Mention the functions of APMC.

11th Standard Economics - Indian Economy Before and After Independence Three Marks Questions - by Question Bank Software - View & Read

  • 1)

    Explain the Period of Merchant Capital.

  • 2)

    The Handicrafts declined in India in British Period. Why?

  • 3)

    Elucidate the different types of land tenure system in colonial India.

  • 4)

    State the reasons for nationalisation of commercial banks.

  • 5)

    Write any three objectives of Industrial Policy 1991.

11th Standard Economics - Mathematical Methods for Economics Three Marks Questions - by Question Bank Software - View & Read

  • 1)

    If TC = 2.5q3 - 13q2 + 50q + 12 derive the MC function and AC function.

  • 2)

    What are the steps involved in executing a MS Excel sheet

  • 3)

    The demand and supply curves are given by \({ p }_{ d }=\frac { 16 }{ x+4 } and\ { p }_{ s }=\frac { x }{ 2 } \) Find the consumer's surplus and Producer's surplus at the market equilibrium price.

  • 4)

    Integrate: \({ 4x }^{ 5 }+{ 6x }^{ 3 }+\frac { 2 }{ x } x\)

11th Standard Economics - TamilNadu Economy Three Marks Questions - by Question Bank Software - View & Read

  • 1)

    Write a note on mineral resources in Tamil Nadu.

  • 2)

    Explain GSDP in Tamil Nadu.

  • 3)

    Describe development of textile industry in Tamil Nadu.

  • 4)

    Compare productivity of any two food crops between Tamil Nadu and India.

  • 5)

    Explain the prospect for development of tourism.

11th Standard Economics - Rural Economics Three Marks Questions - by Question Bank Software - View & Read

  • 1)

    State the importance of Rural Development.

  • 2)

    Explain the causes for Rural Backwardness.

  • 3)

    Enumerate the remedial measures to Rural poverty.

  • 4)

    What are the remedial measures for Rural Unemployment?

  • 5)

    Write a note on Regional Rural Banks.

11th Standard Economics - Indian Economy Three Marks Questions - by Question Bank Software - View & Read

  • 1)

    Define Economic Development.

  • 2)

    State Ambedkar’s Economic ideas on agricultural economics.

  • 3)

    Write a short note on village sarvodhaya.

  • 4)

    Write the strategy of Jawaharlal Nehru in India's planning.

  • 5)

    Write the V.K.R.V. Rao's contribution on macro economics.

11th Economics - Distribution Analysis Three Marks Questions - by Question Bank Software - View & Read

  • 1)

    What are the motives of demand for money?

  • 2)

    List out the kinds of wages.

  • 3)

    Distinguish between rent and quasi-rent.

  • 4)

    Briefly explain the Subsistence Theory of Wages.

  • 5)

    State the Dynamic Theory of profit.

11th Standard Economics - Distribution Analysis Model Question Paper - by Manju - Rajapalayam - View & Read

  • 1)

    In Economics, distribution of income is among the

  • 2)

    Theory of distribution is popularly known as,

  • 3)

    The Classical Theory of Rent was propounded by

  • 4)

    The reward for labour is

  • 5)

    The reward given for the use of capital

11th Standard Economics - Market Structure and Pricing Model Question Paper - by Manju - Rajapalayam - View & Read

  • 1)

    Which of the following is a market structure where the Price is expected to be lower?

  • 2)

    There is no excess capacity under _________

  • 3)

    In which type of market, AR and MR are equal _______

  • 4)

    Group equilibrium is analysed in ____________

  • 5)

    Monopolistic competition is a form of __________

11th Economics - Market Structure and Pricing Three Marks Questions - by Question Bank Software - View & Read

  • 1)

    What are the features of a market?

  • 2)

    Specify the nature of entry of competitors in perfect competition and monopoly.

  • 3)

    Describe the degrees of price discrimination.

  • 4)

    State the meaning of selling cost with an example.

  • 5)

    Mention the similarities between perfect competition and monopolistic competition.

11th Economics - Cost and Revenue Analysis Three Marks Questions - by Question Bank Software - View & Read

  • 1)

    Distinguish between fixed cost and variable cost.

  • 2)

    State the differences between money cost and real cost.

  • 3)

    Distinguish between explicit cost and implicit cost.

  • 4)

    Define opportunity cost and provide an example.

  • 5)

    State the relationship between AC and MC.

View all

TN Stateboard Education Study Materials

TN Stateboard Updated Class 11th Economics Syllabus

Introduction to Micro - Economics

Introduction-Economics: Meaning-Economics: Its Nature-Scope of Economics-Basic Concepts in Economics-Economics: Its Methods, Facts, Theories, and Laws-Economics: Its Sub Divisions-Economics: Its Types-Basic Economic Problems-Production Possibility Curve-Conclusion

Consumption Analysis

Introduction-Human Wants-Characteristics of Human Wants-Classification of Goods-Cardinal Utility Analysis-The Law of Equi-Marginal Utility-Consumer’s Surplus-Law of Demand-Elasticity of Demand-Ordinal Analysis (or) Ordinal Utility Approach (or) Hicks and Allen Approach (or) Indifference Curve Analysis-An Indifference Curve-An Indifference Map-Diminishing Marginal Rate of Substitution-Properties of the Indifference Curves-Price line or Budget line-Consumer Equilibrium-Conclusion

Production Analysis

Introduction-Features of the Factors of Production-Production Function-Law of Variable Proportions-Laws of Returns to Scale-Economies of Scale-Diseconomies of Scale-ISO-Quants-The ISO-Cost Line-Producer’s Equilibrium-Cobb-Douglas Production Function-Law of Supply-Conclusion

Cost and Revenue Analysis

Introduction-Cost Analysis-Cost Concepts-Short Run Cost Curves-Long Run Cost Curve-Revenue Analysis-Conclusion

Market Structure and Pricing

Introduction-Meaning of Market-Classification of Markets-Equilibrium Conditions for a Firm-Perfect Competition-Imperfect Competition-Monopoly-Monopolistic Competition-Duopoly-Oligopoly

Distribution Analysis

Introduction-Meaning of Distribution-Kinds of Distribution of Income-Marginal Productivity Theory of Distribution-Rent-Wages-Theories of Wages-Interest-Theories of Interest-Profit-Theories of Profit-Conclusion

Indian Economy

Meaning of Growth and Development-Indian Economy-Features of Indian Economy-Natural Resources-Infrastructure-Economic Infrastructure-Social Infrastructure-Contributions of Indian Economic Thinkers-Conclusion

Indian Economy Before and After Independence

Introduction-Indian Economy During the British Period-The Land Tenure Systems in India-Process of Industrial Transition and Colonial Capitalism-Problems of British Rule-Important Industrial Policies Prior to 1991-Green Revolution-Large Scale Industries-Small Scale Industries-Micro, Small and Medium Enterprises (MSMEs)-Public Sector and Private Sector Banks-Nationalisation of Banks-Performance of India’s Five Year Plans-Development Indicators-Conclusion

Development Experiences in India

Introduction-Meaning of Liberalization, Privatization and Globalization (LPG)-Arguments in Favour of LPG-Arguments against LPG-Industrial Sector Reforms-Impact of LPG on Agricultural Sector Reforms-Trade Reforms-Fiscal Reforms-Monetary and Financial Sector Reforms-Conclusion

Rural Economics

Introduction-Features of Rural Economy-Meaning of Rural Development-Need for Rural Development-Problems of Rural Economy-Rural Poverty-Rural Unemployment-Rural Industries-Rural Indebtedness-Rural Health, Nutrition and Sanitation-Rural Infrastructure-Requirements for Rural Development-Conclusion

Tamil Nadu Economy

Introduction-Highlights of Tamil Nadu-Economy-Performance of Tamil Nadu-Economy-Natural Resource-Population-Gross State Domestic Product (GSDP)-Agriculture-Industry-Energy-Services-Tourism

Mathematical Methods for Economics

Introduction-Functions-Matrices-Differential Calculus-Integral Calculus-Information and Communication Technology (ICT)

TN StateboardStudy Material - Sample Question Papers with Solutions for Class 11 Session 2020 - 2021

Latest Sample Question Papers & Study Material for class 11 session 2020 - 2021 for Subjects Maths, Commerce, Biology, Business Maths and Statistics, Accountancy, Computer Science, Physics, Chemistry, Computer Applications , History , Computer Technology, Tamil, English in PDF form to free download [ available question papers ] for practice. Download QB365 Free Mobile app & get practice question papers.

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