List of top Questions asked in UP Board XII- 2026

What is consumer's equilibrium? Explain the conditions for achieving consumer's equilibrium using the concept of indifference curves and budget lines. Illustrate with a diagram.
Explain six factors that affect market demand for a commodity.
What is deficient demand in an economy? Explain the measures to control it.
Write the meaning of full employment. Mention the factors responsible for full employment.
Describe Total Revenue, Average Revenue and Marginal Revenue.
What are the different types of costs (fixed, variable, total, average, marginal) and how are they related? Explain with the help of diagrams.
What are official reserve transactions? Explain their importance in the balance of payments.
Write down any three identities of calculating the gross domestic product of a country by the three methods of estimating national income.
Write the relationship between the revenue deficit and the fiscal deficit. Are fiscal deficits inflationary?
The following table shows the Total Cost Schedule of a firm. Calculate Total Fixed Cost, Total Variable Cost, Average Variable Cost, Average Cost and Marginal Cost:
Q: 0, 1, 2, 3, 4, 5, 6
Total Cost: 10, 30, 45, 55, 70, 90, 120
The Marginal Rate of Substitution (MRS) between perfectly substitute goods remains constant. Explain with diagram.
Explain the components of money supply.
General public are not allowed to open accounts in the central bank. Does it mean that the central bank does not perform any commercial banking activity? Explain.
What do you mean by substitute goods? Give examples of two goods which are substitutes of each other.
Why is the budget line downward sloping? Explain.
What is the difference between planned and unplanned inventory accumulation? Explain.
Distinguish between Micro-economics and Macro-economics.
When exchange rate in terms of domestic currency rises
Balance of trade equals
Fiscal deficit in a government budget refers to
Steps taken through the government budget can influence
The shape of average revenue curve in monopoly is
Which of the following makes a financial institution a bank?
Decrease in Cash Reserve Ratio will lead to
Inventory is a .......... concept whereas the change in inventory is a .......... concept.