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Published on: 22/08/2026
Download Tamil Nadu 12th Standard Economics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Economics Test
1.
BENELUX is a form of
Free trade area
Economic Union
Common market
Customs union
2.
Which of the following does not come under 'Six dialogue partners' of ASEAN?
China
Japan
India
North Korea
3.
The headquarters of ASEAN is
Jaharta
New Delhi
Colombo
Tokyo
4.
Which of the following is not the member of SAARC?
Pakistan
Sri Lanka
Bhutan
China
5.
The other name for Special Drawing Rights is
Paper gold
Quotas
Voluntary Export Restrictions
None of these
6.
Benefits of FDI include, theoretically
Boost in Economic Growth
Increase in the import and export of goods and services
Increased employment and skill levels
All of these
7.
Foreign direct investments not permitted in India
Banking
Atomic energy
Pharmaceutical
Insurance
8.
If there is an imbalance in the trade balance (more imports than exports), it can be reduced by
decreasing customs duties
increasing export duties
stimulating exports
stimulating imports
9.
Net export equals _______.
Export x Import
Export + Import
Export - Import
Exports of services only
10.
Trade between two countries is known as ____ trade
External
Internal
Inter-regional
Home
11.
12.
EXIM bank was established in.
June 1982
April 1982
May 1982
March 1982
13.
Bank Rate means.
Re-discounting the first class securities
Interest rate
Exchange rate
Growth rate
14.
Lender of the last resort is one of the functions of.
Central Bank
Commercial banks
Land Development Banks
Co-operative banks
15.
Credit creation means
Multiplication of loans and advances
Revenue
Expenditure
Debt
16.
_____inflation is in no way dangerous to the economy.
walking
running
creeping
galloping
17.
“Money can be anything that is generally acceptable as a means of exchange and that thesame time acts as a measure and a store of value”, This definition was given by
Crowther
A.C.Pigou
F.A.Walker
Francis Bacon
18.
During inflation, who are the gainers?
Debtors
Creditors
Wage and salary earners
Government
19.
Inflation means
Prices are rising
Prices are falling
Value of money is increasing
Prices are remaining the same
20.
Irving Fisher’s Quantity Theory of Money was popularized in
1908
1910
1911
1914
1.
(d)
Customs union
2.
(d)
North Korea
3.
(a)
Jaharta
4.
(d)
China
5.
(a)
Paper gold
6.
(d)
All of these
7.
(b)
Atomic energy
8.
(c)
stimulating exports
9.
(c)
Export - Import
10.
(a)
External
11.
(a)
12.
(d)
March 1982
13.
(a)
Re-discounting the first class securities
14.
(a)
Central Bank
15.
(a)
Multiplication of loans and advances
16.
(c)
creeping
17.
(a)
Crowther
18.
(a)
Debtors
19.
(a)
Prices are rising
20.
(c)
1911
12th Standard Syllabus & Materials
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Tamilnadu Stateboard 12th Standard Subjects
Maths
Chemistry
Physics
Biology
Computer Science
Business Maths and Statistics
Economics
Commerce
Accountancy
History
Computer Applications
Biology
Computer Technology
Computer Applications
Computer Science
Business Maths and Statistics
Commerce
Economics
Maths
Chemistry
Physics
Computer Technology
History
Accountancy
Tamil
English
French
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