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After the tremendous success of our last year Important Questions Bank for Bihar Class 12 Intermediate (HSC) Board Exam 2016, 2017 and 2018 we have also created a list of Most Important Questions Bank for Bihar Class 12 Intermediate (HSC) Board Exam 2019 which are likely to appear in HSC Board Exams this year.
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- What is an exchange rate? Explain the merits and demerits of a flexible exchange rate
- Distinguish between balanced budget, surplus budget and deficit budget.
- What is deficient demand? How it affects employment in the economy? How it is corrected?
- What do you mean by deflation? Does it affect price and output? Give reasons.
- Define investment multiplier. How it is related with marginal propensity to consume?
- What are the main point of Keynes’ theory of income and employment?
- What is Average Propensity to Consume? Explain with the help of table and diagram
- What do you mean by aggregate supply? Explain with the help of suitable diagram
- Explain with the help of suitable diagram the determination of income employment and output
- Write about four to five difficulties in the way of credit control by the central bank.
- What is law of diminishing marginal utility? Explain its importance and limitations
- What are the secondary functions of a commercial bank?
- What is barter system? Explain its disadvantages.
- Explain expenditure method of calculation of national income
- Discuss importance of macro economics.
- Distinguish between micro and macro economics
- What are the important causes of change in demand?
- What is perfect competition? Discuss its important characteristics
- What is equilibrium price? How is it determined? What is the meaning of excess of demand
- What is monopoly? What are its important characteristics?
- Throw light on any five differences between perfect competition, monopoly and monopolist
- What is Elasticity of Supply? Explain two method of its measurement.
- Explain the relationship between AR and MR with the help of examples.
- Give a brief note of Law of Diminishing Return? Why does it operate?
- What is the difference between Law of Demand and Elasticity of Demand?
- What is law of demand? What are its assumptions?
- Explain Contraction and Extension of demand with the help of diagram.
- What do you mean by imbalance in balance of payments? Discuss its causes and types.
- Explain the merits and demerits of a flexible exchange rate.
- Describe the Circular flow of income
- What do you mean by national income? Discuss the difficulties of its measurement
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Bihar Economics question
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