List of top Questions asked in Bihar Board XII- 2024

What do you understand by open economy?
Define budget line.
Draw consumer indifference curve.
What is demand function?
Write in brief two characteristics of market economy.
By which process does bank provide loan to a person?
State the law of diminishing marginal productivity.
Draw average variable cost curve.
Show the price line of a competitive firm with the help of diagram.
Is a country rich in natural resources prosperous?
Write the names of two stock variables and two flow variables.
What do you understand by investment? How many types of investment are there?
What do you understand by land in economics?
What is revenue deficit?
Why is a perfectly competitive firm called a price taker?
Draw the market equilibrium.
Describe two characteristics of a monopoly market in brief.
What is complementary good? Give examples.
Draw a demand curve whose price elasticity of demand \( e = 1 \).
What is price elasticity of demand?
Write the equation for transactionary demand for money.
Define demand deposit.
If the marginal propensity to consume is equal to one then what would be the value of multiplier?
In the theory of effective demand theory what does the 45° line show?
If the marginal propensity to save increases, then what would happen to the quantity of savings?