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After the tremendous success of Important Questions Bank HSC (12th Std) Board Exam 2016 and 2017 we have also created a list ofMost Important Questions Bank for CBSE Class XII (HSC) Board Exam 2019 which are likely to appear in HSC Board Exams this year.
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- Explain the concept of ‘deficit’ in balance of payments.
- Explain the impact of rise in exchange rate on national income.
- The value of marginal propensity to consume is 0.6 and initial income in the economy is 100 crores. Prepare a schedule showing Income, Consumption and Saving. Also show the equilibrium level of income by assuming autonomous investment of 80 crores.
- What is meant by aggregate demand? State its components
- What is meant by inflationary gap? State three measures to reduce this gap.
- Given nominal income, how can we find real income? Explain.
- Define multiplier. What is the relation between marginal propensity to consume and multiplier? Calculate the marginal propensity to consume if the value of multiplier is 4.
- Explain the role of the Reserve Bank of India as the ‘‘lender of last resort’’.
- Why does consumption curve not start from the origin?
- Explain the implications of non-price competition under oligopoly.
- State three characteristics of monopolistic competition. Which of the characteristics separates it from perfect competition and why?
- Explain the conditions of producer’s equilibrium in terms of marginal revenue and marginal cost.
- Explain the conditions of consumer’s equilibrium using Indifference Curve Analysis.
- What is meant by price ceiling? Explain its implications.
- When the price of a commodity changes from 4 per unit to 5 per unit, its market supply rises from 100 units to 120 units. Calculate the price elasticity of supply. Is supply elastic? Give reason.
- What is Indifference Curve? State three properties of indifference curves.
- Given the price of a good, how will a consumer decide as to how much quantity to buy of that good? Explain.
- Explain the central problem of ‘‘choice of technique’’.
- What is meant by inelastic demand? Compare it with perfectly inelastic demand.
- Explain the implications of Freedom of entry and exit of firms under perfect competition
- What is repo rate?
- State the characteristics of perfect competition.
- Differentiate between Gross National Product and Net National Product.
- Commercial banks cannot create credit money. Give reasons.
- What are the determinants of aggregate demand?
- Cash reserve ratio (CRR) affects the lending capacity of banks. Give reasons.
- Write explanatory note on Components of Government budget.
- Explain the output method of national income.
Don’t forget to read : MUST REMEMBER THINGS on the day of Exam for HSC Students
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