Economics Most Important Questions Last Updated : 21 Apr, 2025 Comments Improve Suggest changes Like Article Like Report Economics is the study concerned with the use of resources and production of goods and services, it covers all the capital growth and business of a nation. Economics helps us to understand the potential price of rice on the basis of demand and supply. Also, in various competitive exams economics carry a good weightage, so here we will explore the most important questions related to the subject of economics. Describe the Work of a Farmer with 1 Hectare of LandUnderemploymentWhy are the Wages for Farm Labourers in Palampur Less Than Minimum Wages?MNCs and Control of ProductionRole of Banks in Economy of IndiaRural Credit – Meaning, Sources, Types and FAQWhy Ration Shops are Necessary?Explain any three Loan Activities of Banks in IndiaAnalyse the Role of Credit for DevelopmentProduction UtilityDo you think the Classification of Economic Activities into Primary, Secondary, and Tertiary is useful? Explain how.Bills of ExchangeFeatures of DemonetizationHow is the Tertiary Sector different from other Sectors?Developmental and Non-Developmental ExpenditureDifferentiate between Seasonal Hunger and Chronic HungerDistinguish between Open and Disguised UnemploymentWhat is “Sarva Siksha Abhiyan”?Differentiate between Cottage and Small Scale IndustriesBank Rate PolicyName the place where river Narmada originatesRole of Government in Reducing PovertyHow did withdrawal of US loans affect the different economies of the world?What are the measures taken by India to reduce Poverty?Capitalist vs. Socialist Economies: What’s The Difference?What is the role of MNC’s in Globalization Process?Write a note on the Role of Cooperatives in providing Food and Related ItemsWhat is Educated Unemployment and reasons for it’s prevalence in India?Rural Employment Generation ProgrammeWhat are the differences between Formal and Informal sources of Credits and Loans?Importance of Sustainable ConsumptionHow are Demand Deposits accepted as a Means of Payment?Role of Education in Economic DevelopmentRelation between Agriculture and GlobalizationWhy was the Vernacular Press Act of 1878 passed?Frictional Unemployment – Overview, Causes, ExamplesWays and Means of Consumer ProtectionWhy do we need to expand the formal sources of credit in India?What is Welfare? – Definition, Models, Working, Welfare in IndiaSkill Development and Employment Opportunity in IndiaWhat is Disguised Unemployment?Write about the Utility and Value of resourcesHow is economic growth linked with poverty reduction in India?What is Food Security?What happens to supply of food when there is a disaster or calamity?What are Public Goods?Problems of Indian AgricultureTypes of Unemployment in IndiaAdvancement of International Trade of a Country is an Index to its Economic ProsperityWhat are the components of the money supply?How is the concept of Self Help Groups important for the poor people?What do you mean by Human as a resource?Mixed Economy – Definition, Features, Merits, ExamplesWhat are the Features of a Market?What is the role of consumers in the market place?What is a Smart City? – Definition, Highlights, Functions, ExamplesHow does transport play an important role in the Economic development of a country?Basic Economic EntitiesWhat is the meaning of investment intermediaries?What are the adverse effects of Industrialization?Explain the various causes of unemployment in IndiaWhen does a social difference become a social division?How do small farmers arrange capital for farming?Difference between Public and Private SectorsWhat happens in the Putting-out system?Which states are more food insecure in India?What is a Demand? Definition, Types, Examples, FAQsDifference between Developed and Underdeveloped EconomyPositive Impacts of the Green RevolutionLiberalisation – Introduction, Process, Positive and Negative ImpactsConsumers InternationalObjectives of Consumer Protection ActObjectives of World Trade OrganisationBasic Problems of an EconomyEconomic Development in the First and Second Five Year PlansDescribe the Impact of Globalisation on Indian EconomyMeasuring Human DevelopmentEvolution of Consumer Movement in IndiaVocational Education in IndiaDescribe the Current Government Strategy for Poverty AlleviationWhat are the effects of liberalism on economy?What is Barter System? Definition, Examples, Benefits, LimitsFour Economic Concepts Consumers Need to KnowWhat Is a Multinational Corporation?Difference between Economic and Non-Economic ActivitiesWhat are the limitations of green revolution in India?Discuss the Major reasons for Poverty in IndiaIn conclusion, economics is a vast and important domain to understand. By studying these questions and answers you may have developed a good understanding of the business, production, and market resources. Comment More infoAdvertise with us Next Article Economics Most Important Questions U udaymittal6lif Follow Improve Article Tags : Microeconomics Economics-MAQ Similar Reads Importance of Sustainable Consumption Economic exploitation is the exploitation of management and objects that meet human needs while minimizing negative climate effects. The buyer is the one who buys something and uses it, whether it is a commodity or an aid, and exploitation is the purchase of a commodity. Items are items such as food 5 min read Basic Economic Entities Economics is a social science concerned with the production, distribution, and intake of goods and offerings. It studies how people, corporations, governments, and international locations make picks approximately the way to allocate sources. Economics specializes in the moves of human beings, based 4 min read Business Economics : Meaning, Nature, Scope and Types What is Business Economics?Business economics is the area of economics where it examines business decisions and provides solutions by utilizing quantitative techniques and economic theory. It focuses on using economic theories and instruments in real-world business settings to support organizational 9 min read Economic Problem & Its Causes We all know that human wants are unlimited, but the means to satisfy these wants are limited. Therefore, all the wants cannot be fulfilled. An economic problem means the problem of making choices occurs because of the scarcity of resources. It arises because people have unlimited wants, but the mean 4 min read CBSE Class 11 Microeconomics Notes Microeconomics is the study of households', individuals', and firms' behaviour towards the allocation of resources and the decision-making process. In short, it deals with the choices made by people and the factors affecting their choices. GeeksforGeeks Class 11 Microeconomics Notes have been design 7 min read Like