CBSE Class 12 Economics HOTs All Chapters Set E
UNIT- 1 Introduction What is microeconomics? Central problems of an economy, production possibility curve and opportunity cost. An economy is a system that provides people with the means to work and earn a living in the process of production. MICROECONOMICS_ It is…
CBSE Class 12 Economics HOTs Theory of Consumer Behaviour (Hindi)
Please refer to link below for CBSE Class 12 Economics HOTs Theory of Consumer Behaviour (Hindi).
CBSE Class 12 Economics HOTs Theory of Consumer Behaviour
Question. Which of the following statement regarding utility is not true? 1. It is satisfying of a commodity 2. A utility is always miserable 3. It helps a consumer to make choices 4. It is purely a subjective entity Answer : A utility is always miserable Question. How…
CBSE Class 12 Economics HOTs Introduction
UNIT - I INTRODUCTION QUESTIONS BASED ON HOTS WITH MODEL ANSWERS VERY SHORT ANSWER TYPE QUESTIONS: - (1 Mark Each) Q.1. Why is there a need for economizing of resources? Ans. Because resources are limited. Q.2. Why does economic problem arise? Ans. It arises…
CBSE Class 12 Economics HOTs Government Budget the Economy
GOVT BUDGET AND THE ECONOMY MULTIPLE CHOICE QUESTIONS Question. tax that imposed on value added at the various stages of production is known as a) Corporate profit tax b) Direct personal tax c) Value added tax d) None of these Answer : C Question. Progressive tax is…
CBSE Class 12 Economics HOTs for Balance of Payment
Question. The balance of trade shows a surplus of 10000 Crore and the import of merchandise is half of the export of merchandise. Find the value of export. (i) 20000 (ii) 10000 (iii) 5000 (iv) 1000 Answer. (ii) Question. Statement I: Unilateral transfers made by way of…
CBSE Class 12 Economics HOTs Economics Forms of Market and Price Determination
UNIT-IV FORMS OF MARKET AND PRICE DETERMINATION QUESTIONS BASED ON HOTS WITH MODEL ANSWERS FORMS OF MARKET AND PRICE DETERMINATION VERY SHORT ANSWER TYPE QUESTIONS (1 MARK) Question. How is price determined under perfect competition? Answer.…
CBSE Class 12 Economics HOTs Determination of Income and Employment
UNIT VII DETERMINATION OF INCOME AND EMPLOYMENT QUESTIONS BASED ON HOTS WITH MODEL ANSWERS Question: Why can the value of MPC be not greater than 1? Answer: It is because change in consumption can never be greater than change in income. Question: …
CBSE Class 12 Economics HOTs All Chapters Set B
Quick Revision Question and Answers for Low Achievers One Mark Questions (1M) 1. What is opportunity cost? Opportunity cost refers to the cost of the next best alternative foregone. 2. Define Marginal rate of transformation. It is the amount of one good that must be given…