List of top Questions asked in Bihar Board XII- 2025

What are the main functions of money?
Define central bank and explain its functions.
Explain the importance of National Income.
What is meant by Macroeconomics? Discuss its scope.
Define perfect competition.
What is Market Supply?
Mention the four determinants of elasticity of supply.
What is economic activity?
Explain the importance of the study of Microeconomics.
Define Utility.
Explain the Law of Demand. What are its assumptions?
What do you mean by Mixed Economic System?
Define Government Budget.
What is meant by production function?
What are the two forces in determining the price of the goods?
State two sources of supply of foreign exchange.
Define flow.
Which items are included in balance of trade?
What is meant by demand?
When the elasticity of demand is unitary?
What is meant by Fiscal policy?
What is meant by producer's equilibrium?
Explain the relation between Total Revenue and Marginal Revenue.
Define market equilibrium.
What is meant by Fixed cost?