Economics – Important Question Bank for CBSE Class XII (HSC) Board Exam 2020

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After the tremendous success of Important Questions Bank HSC (12th Std) Board Exam 20162017 and 2019 we have also created a list of Most Important Questions Bank for CBSE Class XII (HSC) Board Exam 2020 which are likely to appear in HSC Board Exams this year.

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  1. Write a note on Export.
  2. What is difference between Micro and Macro economics?
  3. Write a note on great depression.
  4. Explain foreign exchange rate. What are the advantages and disadvantage of foreign exchange rate?
  5. Write a note on import.
  6. What is perfect competition? What are the features of perfect competition?
  7. Define real flow.
  8. What is difference between personal and private income?
  9. Write a note on NAV.
  10. Write a note on Oligopoly.
  11. What is product differentiation?
  12. What are the problems of economy?
  13. Write a note on Scarcity.
  14. Explain briefly Production Possibility Frontier?
  15. Define production.
  16. What is total utility?
  17. What is circular flow of income?
  18. Explain disposable income.
  19. What is open market operation?
  20. What do you understand by bank rate?
  21. Write a note on budget. How are budget important?
  22. What is deficit? What are the concepts of deficits?
  23. Write a note on revenue receipt. What are the types of revenue receipt?
  24. What is the distinction between indirect and direct tax? Explain with examples.
  25. Define utility. What are the types of utility?
  26. What is Microeconomics?
  27. What are items included in capital receipt?
  28. Write the source of income from export.
  29. Short note on flexible exchange rate.
  30. What is marginal rate of transformation?
  31. What are the assumptions of PPC?
  32. What is an opportunity cost? Explain with a numerical.
  33. Explain briefly Normative Economic.
  34. Write the determinants of foreign exchange flow into the nation.
  35. Explain briefly foreign exchange.
  36. What is the difference between autonomous and accommodating transaction of the balance of payment?
  37. What is the distinction between marginal and total utility?
  38. Explain central bank.
  39. Write the distinction between ex ante and ex post investment.
  40. Explain consumer surplus.
  41. Explain the distinction between planned and market economy.
  42. What is ‘price ceiling’?
  43. Explain monopolistic competition. Write the features and competition under monopolistic competition.
  44. Explain break even point in detail.
  45. Explain the law of diminishing marginal utility.
  46. What are the determinants of demand?
  47. What is the assumption for consumer’s equilibrium position?
  48. Define real GNP.

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