Economics  – Important Question Bank for Tamil Nadu (12th Std) HSC Board Exam 2017

HSC Board Exams are fast approaching and students are getting anxious about how to prepare for their HSC Board Exams. So we had mentioned some HSC Study Tips to help students in Cracking HSC Exams.

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

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1.What are the basic issues of any society?

2. Name the important general economic systems?

3. List the basic features of socialism

4. Is India a mixed economy?

5. What is equilibrium price?

6. Give a note on long run average cost curve

7. Explain the relationship between AR and MR curve

8. Explain the marginal cost with suitable illustration

9.  What are the criticisms of Say’s Law?

10. Draw the flow chart to depict the essence of Keynes theory

11. Describe the consumption function with a diagram

12. What are the determinants of consumption other than income?

13. What are the assumptions of Keynes’ Simple Income Determination?

14.  What are main sources of tax and non-tax revenue of the state government?

15. Define Budget Explain the balanced and unbalanced budget

16. What are the limitations of fiscal policy

17. Differentiate between the direct and indirect taxes

18. Discuss the law of demand.

19. Explain the methods of measurement of price elasticity of demand in detail

20.  Why does the demand curve slope downwards?

21.  Explain the methods of measurement of price elasticity of demand in detail

22. What are the limitations of fiscal policy

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TN Important Question Bank 2017

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