List of top Economics Questions on Economics asked in Bihar Board XII

In which type of firms is \( MC = MR = AC = AR \) in the long run?

In the following figure, the supply curve shifts from SS to S1S1 due to what reason? 

In the given diagram, at which point is producer’s equilibrium achieved? 

Define foreign exchange rate. Differentiate between fixed and flexible exchange rates.
Explain the circular flow of income in a two-sector economy.
Define investment multiplier. What is the relation between investment multiplier and marginal propensity to consume?
What is the reason for the backward bending labour supply curve?
Explain any two objectives of government budget.
What is ordinal utility?
What is the difference between inflationary gap and deflationary gap?
Explain the two main functions of central bank.
What is deficit budget?
Which items are included in balance of trade?
Define normative economics with a suitable example.
What is marginal propensity to consume?
Why does an economic problem arise?
Define macroeconomics.
What is statutory liquidity ratio (SLR) called?
Which of the following is not a revenue receipt?
What is the correct component of the union budget of India?
What is the difference between fixed and flexible rates of exchange?
What is the difference between cash credit and overdraft?
When consumption function intersects on the y-axis, then it indicates that
If MPC = 1, then what will be the value of multiplier?
What happens when interest rate goes down?