List of top Economics Questions

Marginal Propensity to Consume (MPC) =

Household Sector is the owner of the Factors of the Production. (True/False)

There is no change in ________ when Price Elasticity of Demand is inelastic.

Which Banks do not have the authority to issue the currency notes in India ?

Choose True/False : Net Indirect Taxes = (Indirect Taxes - Subsidy)

Read the given statements carefully.
Statement 1 : There is more economic freedom to a person in the Mixed Economy.
Statement 2 : There is more economic freedom to a person in the Socialistic Economy.
Choose the right answer in the light of above given statements :

Choose : (True/False) Producer's Equilibrium is determined when Marginal Cost equals to Marginal Revenue and Marginal Cost Curve cut Marginal Revenue Curve from below.

A variable which is measured with reference to 'a point of time' is called ________.

Which is not the part of a government budget ?

Income Tax is a type of ________.

National Income = ________.

________ are two principal branches of Economics.

What is Bank Rate ?

When TU is maximum, then MU is ________.

Per Unit Cost of a commodity is called ________.

What type of relation is between Price and Demand ?

Supply of a commodity rises due to rise in Price is called ________.

Which form of Market is more practical ?

Rajaram produced 25 quintals of wheat in his field, from it he kept aside 2 quintals of wheat for his own family use.

If elasticity is equal to 3 and Average Revenue is Rs. 30, then Marginal Revenue will be

The terms of Micro Economics and Macro Economics were coined by Norwegian Economist .................

What is "Exchange Rate"?

Explain any three objectives of a Government Budget.

What is "Micro-Economics"?

Explain consumer's equilibrium by utility analysis. OR When the price of a commodity decreases from Rs. 5 per unit to Rs. 4 per unit, its demand increases from 100 units to 110 units. Calculate elasticity of demand.