List of top Economics Questions asked in UP Board XII

What do you understand by cost? Define Total Cost, Average Cost and Marginal Cost with diagram.
What do you understand by law of variable proportion?
Explain fixed exchange rate.
What is involuntary unemployment?
Differentiate between cardinal and ordinal measurements of utility.
What do you understand by substitute goods and complementary goods?
What is Government budget?
What do you understand by Revenue Deficit?
What is Normative Economics?
If the marginal propensity to consume is 0.75, the value of the investment multiplier would be:
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To reduce deficit in the balance of payments of a country, what requirement(s) is/are needed?
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What do you understand by Micro-Economics?
Define National Income at factor cost.
What is the law of diminishing utility?
Three methods of computing National Income are:
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A production function expresses the relationship between:
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What is the meaning of Price Elasticity of Demand?
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What is the true condition for consumer's equilibrium?
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When Government spends more than its revenue collection, such excess is known as:
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Contraction of demand takes place when:
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Which Bank controls the banking and monetary structure of India?
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If total utility is maximum, marginal utility will be:
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What is meant by National Income? What are the difficulties which are faced in its estimation in underdeveloped countries?
Define money. Describe its main functions.
What is a Central Bank? Discuss its important functions.