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Explain the types of a government budget.
Concept: Features of Government Budget
Distinguish between the following.
Direct tax and Indirect tax.
Concept: Taxable Income
Distinguish between expansion in demand and increase in demand.
Concept: Types of Demand
Write Explanatory answer.
State and explain the law of demand with its exception.
Concept: Concept of Demand
Explain any four types of demand.
Concept: Types of Demand
Explain the factors determining the elasticity of demand.
Concept: Concept of Elasticity of Demand
There are no exceptions to the law of supply.
Concept: Distinguish between Stock and Supply
State and explain the law of supply with exceptions.
Concept: Law of Supply
Distinguish Between:
Increase in supply and Decrease in supply
Concept: Changes in Supply
Find the odd word out:
Legal monopoly:
Concept: Imperfect Competition >> Concept of Monopsony
Explain the theoretical difficulties involved in the measurement of national income.
Concept: Difficulties in the Measurement of National Income
Complete the correlation:
Output method : __________ :: Income method : Factor cost method
Concept: Methods of Measurement of National Income
State with reason, whether you agree or disagree with the following statement:
There are many theoretical difficulties in the measurement of national income.
Concept: Difficulties in the Measurement of National Income
Give an economic term:
Wear and tear of capital assets due to their use in the process of production.
Concept: Different Concepts of National Income
Find the odd word out:
Quantitative Tools of credit control:
Concept: Structure of Money Market in India > Organized Sector >> Reserve Bank of India (RBI)
Distinguish between:
Demand deposit and Time deposit
Concept: Structure of Money Market in India > Organized Sector >> Commercial Banks
Identify and explain the concept from the given illustration:
India purchased petroleum from Iran.
Concept: Types of Foreign Trade
Slicing method and Lumping method.
Concept: Micro Economics - Slicing Method
Explain with reason whether you ‘agree’ or ‘disagree’ with the following statement:
The law of 'diminishing marginal utility' is important in the practice?
Concept: Law of Diminishing Marginal Utility
Write explanatory note.
Government expenditure.
Concept: Law of Equi-Marginal Utility
