List of top Economics Questions asked in UP Board XII

Explain the law of diminishing marginal rate of substitution in indifference curves, with the help of diagram.
What is called the point of 'effective demand'?
Explain the Average Revenue (AR), Marginal Revenue (MR) and Total Revenue (TR).
If the National Income (Y) of a country increases by ₹ 100 crores and the National Consumption (C) increases by ₹ 80 crores, then the Marginal Propensity to Save will be equal to:
Which one of the following is not a component of capital account in balance of payments?
What is the relation between G.D.P. at market price and G.V.A.?
Differentiate between Normal goods and Inferior goods.
‘Higher indifference curve represents higher level of satisfaction.’ Explain.
Describe three factors that affect the supply curve of a firm.
Which one of the following is true? In a perfectly competitive market, the:
Which one of the following is false? At the time of Independence (1947), one Indian rupee was equal to:
The statement 'Other things being constant, an increase in money supply will increase the price level.' is related to:
Which one of the following is true? Net investment is equal to:
Which one of the following expresses ‘National Income Identity’ for a closed economy?
Which one of the following is true? The total variable cost is equal to:
In a mixed economy, decisions related to production and consumption are taken by:
Which one of the following is true? When the marginal utility becomes negative:

What is market demand curve? 

What do you understand by Current Account and Capital Account?
What is the ex-ante investment?
What is an isoquant curve? Use isoquant curves to demonstrate producer's equilibrium.
What do you mean by credit-creation? Explain the various measures of credit control.
Discuss the relationship between National Income and Economic Welfare.
Clarify the difference between Micro- and Macro-Economics.
What is the law of equimarginal utility? Explain the law of equimarginal utility of consumer equilibrium.