# Economics – Important Question Bank for Karnataka Intermediate II PUC (HSC) Board Exam 2017

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After the tremendous success of our last year Important Question Bank for Karnataka 12th std  PUC HSC Board Exam 2016, we have also created a list of  Most Important Question Bank for Karnataka Intermediate II PUC (HSC) Board Exam 2017 which are likely to appear in HSC Board Exams this year.

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1. write the process of credit creation by commercial banks with the help of an examples
2. assume that you are at the market with limited income or Rs. 100. From the budget set and draw budget line.
3. As per the demand function Qd = 30 – 2p, when the price of tomato per kg., is Rs. 6, 8, 10, 12 and 14. Then calculate the quantity of demand and derive an individual demand curve.
4. If the demand and supply function of raw cotton are Qd = 250 – 50p and Qw = 25+25p, find the equilibrium price and the equilibrium quantity demanded and supply and prove that any price other than equilibrium price leads either to excess supply or excess demand
5. Explain the indifference curve and map with the help of diagram
6. Explain the law of diminishing marginal utility with a schedule and diagram
7. Show how the invisible hand guides the producers and consumer towards equilibrium in perfect competitive market
8. Explain the long run equilibrium of a firm under monopoly market with a diagram
9. Explain the firm’s equilibrium in short period under monopolistic competition
10. Explain the function of RBI
11. Explain the function of money
12. What are the difficulties in the measurement of national income.
13. Explain the instruments of monetary policy of RBI
14. Discuss diagrammatically the short run equilibrium of monopolistic firm
15. Write a note on Centrally planned economy
16. Write a short note on mixed economy
17. Explain the basic problems of an economy
18. Explain the optimal choice of the consumer of consumer’s equilibrium through indifference curve analysis
19. Explain the various types of short – run cost
20. Is economics a positive of normative science. Discuss
21. Explain the limitations of micro economics
22. Write a short note on market economy
23. Explain briefly the uses of micro economics
24. Explain the relationship between total revenue (TR) average revenue (AR) and marginal revenue (MR) in perfect completion
25. Describe the features of monopoly
26. Explain the limitations of macro economicsExplain the methods of measuring national income
27. Explain the role of public expenditure as an instrument of fiscal policy
28. Explain the primary functions of money
29. Write a note on deficit finance
30. Write a note  various concepts of international trade

Don’t forget to read : MUST REMEMBER THINGS on the day of Exam for HSC Students