List of top Social Science Questions on Economics

What are the various ways in which consumers are exploited in the market?
What is the role of the Public Distribution System (PDS) in ensuring food security?
Define the concept of "Public Administration" and its importance in a democracy.
Define Gross Domestic Product (GDP) and explain how it is calculated.
Identify one bright side of globalisation.
How is the national income calculated in a country?
Suggest measures which will provide opportunities for globalization in Manipur. Give two points.
Examine how the premium of a company is fixed.
What is Barter economy? Write four main functions of economy.
State one point of argument in favour of globalization.
Give one point of difference between banking and insurance.
Study the given data and answer the question that follows:
Comparative Data of few States \[ \begin{array}{|c|c|c|c|} \hline \textbf{States} & \textbf{Infant Mortality Rate (2020)} & \textbf{Literacy Rate (2017--18)} & \textbf{Net Attendance Rate (Class 1 to 5)} \\ \hline \text{State A} & 28 & 82 & 73 \\ \text{State B} & 6 & 94 & 94 \\ \text{State C} & 27 & 62 & 69 \\ \hline \end{array} \]
By how many of the following points does State B’s literacy rate exceed from State A in 2017--18?

Study the given data and answer the question that follows:  
Comparative Data of few States \[ \begin{array}{|c|c|c|c|} \hline \textbf{States} & \textbf{Infant Mortality Rate (2020)} & \textbf{Literacy Rate (2017--18)} & \textbf{Net Attendance Rate (Class 1 to 5)} \\ \hline \text{State A} & 28 & 82 & 73 \\ \text{State B} & 6 & 94 & 94 \\ \text{State C} & 27 & 62 & 69 \\ \hline \end{array} \] 
By how many of the following points does State B’s literacy rate exceed from State A in 2017--18?

Explain the role of Reserve Bank in Indian economy.
(a) Describe the importance of tertiary sector in the economy.
OR
(b) Describe the features of organized sector of the economy.
``Different persons can have different developmental goals.'' Explain the statement with examples.
Read the following case and choose the correct option:
Megha has taken a loan of ₹ 5 lakhs from bank to purchase a house. The annual rate on the loan is 12% and loan is to be repaid in 5 years in monthly instalments.
The 12% interest charged by the bank to Megha is related to which of the following?
Identify the sector of economy with the help of information given in the box:
  • Ownership of assets and delivery of services in the hands of private individuals.
  • Activities are guided by the motive to earn profits.

``Advancement in technology has stimulated the globalization process.'' Justify the statement with suitable arguments.
Choose the correct option to fill in the blank:
Infant Mortality Rate indicates the number of children that die before the age of ____ year(s) per 1000 live births in that particular year.
Which of the following is an example of a renewable resource?
Which of the following is the main purpose of a trade barrier in global trade? Choose the correct option.
``Different persons can have different developmental goals.'' Explain the statement with examples.
(a) Describe the importance of tertiary sector in the economy.
OR
(b) Describe the features of organized sector of the economy.
``Advancement in technology has stimulated the globalization process.'' Justify the statement with suitable arguments.