List of top Economics Questions

Explain the concept of GDP at market price and GDP at factor cost.
Assertion (A): Increase in bank rate reduces money supply.
Reason (R): Bank rate is the rate at which RBI lends to commercial banks.
Which sector is included in the secondary sector?
What is the full form of MPC?
State one reason for a rightward shift in demand curve.
What is meant by excess demand?
Define opportunity cost with an example.
What was the effect of the decline of the Handicraft industry in India?
What is meant by deficit in balance of payments?
What is meant by current account?
“Fiscal deficit is necessarily inflationary in nature.” Do you agree? Support your answer with valid reasons.
What similar development strategies have India and Pakistan followed for their respective developmental paths?
Give the meaning of consumption function and autonomous consumption.
Who is a casual wage labourer? How will you know whether a worker is working in the formal sector?
Distinguish between Green Revolution and Golden Revolution.
In an economy, the increase in income is five times the increase in investment expenditure. Calculate the value of MPC.
Explain the working of money multiplier with the help of a numerical example.
Escheats is an example of :
Break-even point is achieved when :
Two sector economy consists of :
White Revolution is associated with:
In order to reduce credit in the country, RBI may :
Which of the following is NOT an example of physical capital:
Gifts and remittances to abroad are recorded on the:
The main reason for decline of Handicraft Industry was: