Popular Questions
- Explain the ’acceptance of deposits’ function of commercial banks.
- Distinguish between ‘revenue receipt’ and ‘capital receipt’ and give two examples of each.
- What is ‘fiscal deficit’? What are its implications?
- Explain the production method of estimating national income.
- Explain the income method of estimating national income.
- Explain the problem of ‘excess demand’ in an economy with the help of a diagram. Explain the role of bank rate in cprrecting i..
- Define production function?
- What is ‘market supply?
- Define equilibrium price?
- Define ‘Marginal Rate of Transformation?
- What is a demand schedule?
- Given the market price of a good, how does a consumer decide as to how many units of that good to buy? Explain.
- What is the likely effect of technological progress on the supply of a good? Explain.
- Explain what happens to the profits in the long run if the firms are free to enter the industry.
- Explain what happens to loses in the long run if the firms are free to leave the industry.
- Explain the central problem of distribution of income.
- what is the percentage change in demand?
- Distinguish between:
- Explain the effect of the following on demand for a good:
