List of top Economics Questions

Income Tax is a type of ________.
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 :
Which Banks do not have the authority to issue the currency notes in India ?
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.
Choose True/False : Net Indirect Taxes = (Indirect Taxes - Subsidy)
When TU is maximum, then MU is ________.
What is Bank Rate ?
National Income = ________.
________ are two principal branches of Economics.
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.
Which of the following is the secondary function of commercial banks?
Into how many periods has Marshall divided production time on the basis of supply?
What are different means of production and the rewards given to them?
Explain various reasons for the growth of government's public expenditure.
What do you understand by Current Account and Capital Account of Balance of Payments?