CBSE Class 12 Economics HOTs Producer Behavoiur And Supply
VERY SHORT ANSWER TYPE QUESTIONS: - (1 Mark Each) Q.1. What happens to MPP when TPP increases at decreasing rate? Ans. MPP falls but remains positive. Q.2. As the variable input is increased by one unit, total output falls. What would you say about…
CBSE Class 12 Economics HOTs Money And Banking
Question: Which of the following us not concerned with banking organization? (a) Bank rate (b) Fiscal deficit (c) Credit creation (d) Cash reserve ratio Answer: B Question: Commercial banks create money by way of: (a) Fixed deposits (b) Demand…
CBSE Class 12 Economics HOTs National Income And Related Aggregates
NATIONAL INCOME AND RELATED AGGREGATES VERY SHORT ANSWER TYPE QUESTIONS: - (1 Mark Each) Q.1. When is the national income less than domestic income? Ans. When NFIA is negative. Q.2. When is the national income larger than domestic factor income?…
CBSE Class 12 Economics HOTs Consumer's Choice And Demand Analysis
VERY SHORT ANSWER TYPE QUESTIONS: - (1 Mark Each) Q.-1 All points below the budget line shows the various possible bundles which cost exactly equal to consumer‟s income. Is it right or wrong? Ans.- Wrong. Q.-2 If Ram is offered Ice Cream free of cost. How much Ice Cream…
CBSE Class 12 Economics HOTs Consumer Behaviour And Demand Set A
3 - 4 MARKS QUESTIONS Q.1 Distinguish between ‘increase in demand’ and ‘increase in quantity demanded’ of a commodity. Ans. When demand increases at given price then it is called ‘increase in demand’. On the other hand, when demand increases by decrease in the price of a…
CBSE Class 12 Economics HOTs All Chapters Set E
UNIT- 1 Introduction What is microeconomics? Central problems of an economy, production possibility curve and opportunity cost. An economy is a system that provides people with the means to work and earn a living in the process of production. MICROECONOMICS_ It is…
CBSE Class 12 Economics HOTs Theory of Consumer Behaviour (Hindi)
Please refer to link below for CBSE Class 12 Economics HOTs Theory of Consumer Behaviour (Hindi).
CBSE Class 12 Economics HOTs Theory of Consumer Behaviour
Question. Which of the following statement regarding utility is not true? 1. It is satisfying of a commodity 2. A utility is always miserable 3. It helps a consumer to make choices 4. It is purely a subjective entity Answer : A utility is always miserable Question. How…
CBSE Class 12 Economics HOTs Introduction
UNIT - I INTRODUCTION QUESTIONS BASED ON HOTS WITH MODEL ANSWERS VERY SHORT ANSWER TYPE QUESTIONS: - (1 Mark Each) Q.1. Why is there a need for economizing of resources? Ans. Because resources are limited. Q.2. Why does economic problem arise? Ans. It arises…
CBSE Class 12 Economics HOTs Government Budget the Economy
GOVT BUDGET AND THE ECONOMY MULTIPLE CHOICE QUESTIONS Question. tax that imposed on value added at the various stages of production is known as a) Corporate profit tax b) Direct personal tax c) Value added tax d) None of these Answer : C Question. Progressive tax is…
CBSE Class 12 Economics HOTs for Balance of Payment
Question. The balance of trade shows a surplus of 10000 Crore and the import of merchandise is half of the export of merchandise. Find the value of export. (i) 20000 (ii) 10000 (iii) 5000 (iv) 1000 Answer. (ii) Question. Statement I: Unilateral transfers made by way of…
CBSE Class 12 Economics HOTs Economics Forms of Market and Price Determination
UNIT-IV FORMS OF MARKET AND PRICE DETERMINATION QUESTIONS BASED ON HOTS WITH MODEL ANSWERS FORMS OF MARKET AND PRICE DETERMINATION VERY SHORT ANSWER TYPE QUESTIONS (1 MARK) Question. How is price determined under perfect competition? Answer.…