Tamil Nadu Board of Secondary EducationHSC Commerce Class 12th
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HSC Commerce Class 12th - Tamil Nadu Board of Secondary Education Question Bank Solutions for Economics

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Economics
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The branches of the subject Economics are ______.

[0.01] Introduction to Macro Economics
Chapter: [0.01] Introduction to Macro Economics
Concept: Introduction to Macro Economics

Who coined the word ‘Macro’?

[0.01] Introduction to Macro Economics
Chapter: [0.01] Introduction to Macro Economics
Concept: Introduction to Macro Economics

Indicate the contribution of J M Keynes to economics.

[0.01] Introduction to Macro Economics
Chapter: [0.01] Introduction to Macro Economics
Concept: Introduction to Macro Economics

Define Macro Economics.

[0.01] Introduction to Macro Economics
Chapter: [0.01] Introduction to Macro Economics
Concept: Introduction to Macro Economics

The value of national income adjusted for inflation is called______.

[0.02] National Income
Chapter: [0.02] National Income
Concept: Introduction to National Income

List out the uses of national income

[0.02] National Income
Chapter: [0.02] National Income
Concept: Introduction to National Income

Define full employment.

[0.03] Theories of Employment and Income
Chapter: [0.03] Theories of Employment and Income
Concept: Introduction to Full Employment

A Bank is a ______.

[0.06] Banking
Chapter: [0.06] Banking
Concept: Introduction to Banking

"Redistribution with Growth" became a popular slogan under which approach?

[0.11] Economics of Development and Planning
Chapter: [0.11] Economics of Development and Planning
Concept: Meaning of Development and Underdevelopment

Which among the following is a characteristic of underdevelopment?

[0.11] Economics of Development and Planning
Chapter: [0.11] Economics of Development and Planning
Concept: Meaning of Development and Underdevelopment

Define economic development.

[0.11] Economics of Development and Planning
Chapter: [0.11] Economics of Development and Planning
Concept: Meaning of Development and Underdevelopment

Who is regarded as Father of Modern Macro Economics?

[0.01] Introduction to Macro Economics
Chapter: [0.01] Introduction to Macro Economics
Concept: Meaning of Macro Economics

Macro economics is a study of __________.

[0.01] Introduction to Macro Economics
Chapter: [0.01] Introduction to Macro Economics
Concept: Meaning of Macro Economics

What is meant by an ‘Economy’?

[0.01] Introduction to Macro Economics
Chapter: [0.01] Introduction to Macro Economics
Concept: Meaning of Macro Economics

Define National Income.

[0.02] National Income
Chapter: [0.02] National Income
Concept: Meaning and Definition of National Income

What do you mean by the term ‘Personal Income’?

[0.02] National Income
Chapter: [0.02] National Income
Concept: Meaning and Definition of National Income

Every able-bodied person who is willing to work at the prevailing wage rate is employed called as______.

[0.03] Theories of Employment and Income
Chapter: [0.03] Theories of Employment and Income
Concept: Meaning of Full Employment

The average propensity to consume is measured by ______.

[0.04] Consumption and Investment Functions
Chapter: [0.04] Consumption and Investment Functions
Concept: Consumption Function

An increase in the marginal propensity to consume will:

[0.04] Consumption and Investment Functions
Chapter: [0.04] Consumption and Investment Functions
Concept: Consumption Function

If the Keynesian consumption function is C=10+0.8 Y then, if the disposable income is Rs 1000, what is the amount of total consumption?

[0.04] Consumption and Investment Functions
Chapter: [0.04] Consumption and Investment Functions
Concept: Consumption Function
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