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BUSINESS ECONOMICS – IMPORTANT QUESTION BANK
What is micro economic? Write three points of importance.
What do you mean by Stock and Flow? What are the difference between stock and Flow?
Describe with the help of Sketch price determination under very short period.
What are the merits and demerits of international trade?
Write four causes of disequilibrium in the balance of payment.
What is the difference between micro economic and macroeconomic?
What are the methods of measuring national income? Explain the methods of national income.
Write the difference between perfect competition and monopoly.
What is meant by deviation? Write its merits and demerits.
Why Standard deviation is called an ideal and scientific measure?
What are the causes of slow growth of national income in India?
Describe the Great Depression of 1929.
What is the meaning of multiplier linkage? What are the causes of its linkage?
What do you meant by clearing house of Central bank? How Central bank does the work of clearing house?