The Economics category gathers questions that test understanding of fundamental economic principles. Topics include micro‑ and macro‑economics, market dynamics, fiscal and monetary policy, and real‑world applications. Use these items to practice and solidify your knowledge before exams.
Modernisation LPG correct; modernisation adoption new technology 1991 reforms.
Ref: NCERT Economics Class XI Liberalisation Privatisation Globalisation explains 1991 reforms LPG policies modernisation WTO impact clearly.
It has a uniform impact on LPG correct; modernisation adoption new technology 1991 reforms.
Ref: NCERT Economics Class XI Liberalisation Privatisation Globalisation explains 1991 reforms LPG policies modernisation WTO impact clearly.
C, B, A, E, D correct as per NCERT Indian Economy 1950–1990; matches economics concept accurately.
Ref: NCERT Economics Class XI Indian Economy 1950-1990 explains planning five year plans Green Revolution industrial licensing economic policies.
Import substitution correct production costs; short run long run cost concepts as per NCERT.
Ref: NCERT Economics Class XI Chapter 4 Production and Costs discusses production function costs short run long run concepts clearly explained.
imposing taxes correct production costs; short run long run cost concepts as per NCERT.
Ref: NCERT Economics Class XI Chapter 4 Production and Costs discusses production function costs short run long run concepts clearly explained.
Shift the supply curve correct supply concept; law of supply positive price-quantity relation.
Ref: NCERT Economics Class XI Chapter 3 Producer Behaviour explains supply law production function producer equilibrium supply elasticity concepts clearly.
currency held by the public and correct supply concept; law of supply positive price-quantity relation.
Ref: NCERT Economics Class XI Chapter 3 Producer Behaviour explains supply law production function producer equilibrium supply elasticity concepts clearly.
NABARD rural development correct; NABARD apex rural financing institution.
Ref: NCERT Economics Class XI Rural Development explains rural credit NABARD rural marketing organic farming diversification challenges solutions.
1982 rural development correct; NABARD apex rural financing institution.
Ref: NCERT Economics Class XI Rural Development explains rural credit NABARD rural marketing organic farming diversification challenges solutions.
Bank rural development correct; NABARD apex rural financing institution.
Ref: NCERT Economics Class XI Rural Development explains rural credit NABARD rural marketing organic farming diversification challenges solutions.
Human capital formation human capital correct; education health expenditure forms human capital.
Ref: NCERT Economics Class XI Human Capital Formation explains education health investment sources human capital economic growth concepts.
Human capital human capital correct; education health expenditure forms human capital.
Ref: NCERT Economics Class XI Human Capital Formation explains education health investment sources human capital economic growth concepts.
