T.S Intermediate 1st Year Econonics IQ List for IPE March 2024

Welcome to Learn At Ur Desk! In Telangana State, Intermediate Exams are going to start soon and if you landed on this post then you are looking for some Important Questions to prepare for your final exams. Well, you have landed in the right place! Today I’m going to give you some most Important Questions lists (IQ Lists) for your last revision before the final exams.

The Important Questions List (IQ List) is to make you have an organized Revision before Exams. Please make sure these questions are just for last-minute revision and are based on previous paper analysis. So, this list of questions does not cover the full syllabus. 

Click Here for the new and complete syllabus for TS Intermediate 1st-year Economics Subjects.

Below are TS Intermediate 1^st year Economics(New Syllabus) IQ List 

Prepared by Rumana Rukhsar

(Updated for IPE March 2024)

Section – A 10 Marks questions

Q1) Describe the law of diminishing marginal utility its limitations and its importance. Q2) Critically examine the Law of Variable Proportion. Q3) Explain the meaning of Perfect Competition. Illustrate the mechanism of Price determination under Perfect Competition. Q4) What are the various methods of Calculating National Income? Explain them  Q5) Explain the Keynesian Theory of Employment.

Section – B 5 Marks questions

Q1) Explain the “Scarcity” definition of economics. Q2) What is Utility? What are its types? Q3) Analyze the characteristics of wants. Q4) Explain the difference between Free goods and Economic goods. Q5) What is Micro Economics? Explain its Scope. Q6) Distinguished between Micro Economics and Macroeconomics. Q7) What is an indifference curve? What are its assumptions? Q8) Explain the concept of the indifference curve. Discuss its properties. Q9) What are the factors that determine the demand? Q10) Illustrate the reasons for the negative sloping demand curve. Q11) Explain the Exceptions to the Law of Demand. Q12) Define price elasticity of demand. Q13)What are the Internal Economies of Scale. Q14) Describe the classification of the market based on time and area. Q15) What is a monopoly? What are its characteristics? Q16) What are the determining factors of real wages? Q17) Describe the components of the National Income. Q18) What are the factors that determine national income? Q19) What are the sources of public revenue? Q20) Point out the redemption methods of public debt. Q21) What is the barter system? What are its difficulties? Q22) Explain the primary and secondary functions of money. Q23) State any three major (General) functions of a central bank. Q24) Define Inflation. Explain its Types. Q25) Identify the causes of Inflation. Q26) What is meant by statistics? Explain its relationship with Economics. Q27) What are the characteristics of a good average? Q28) What is Arithmetic Mean? What are its merits and drawbacks? Q29) What is the Median? What are its merits and drawbacks? Q30) What is Mode? What are its merits and drawbacks?

Section – C 2 Marks questions

Q1) What is Wealth? Q2) What is Micro Economics? Q3) What is Macro Economics? Q4) What if Free goods? Q5) What is the Price? Q6) Explain Economic goods. Q7) Explain Capital goods. Q8) Explain Cardinal Utility. Q9) Explain Ordinal Utility. Q10) What is the Price line/Budget line? Q11) Draw the Indifference Map  Q12) Explain Giffen’s paradox  Q13) Explain Substitute goods  Q14) Explain Veblen goods (prestigious goods) Q15) Define the production function. Q16) What is the demand function? Q17) What is Price demand? (Law of Demand) Q18) What is Cross demand? Q19) Define market. Q20) What is contract rent? Q21) What is net interest?  Q22) What is gross interest? Q23) What is net profit?  Q24) What is gross profit? Q25) What is the Selling Cost? Q26) What is an Opportunity Cost? Q27)What is National income? Q28) What is real per-capita Income? Q29) Expand CSO. What is its responsibility? Q30) What is effective demand? Q31) What is Say’s Law of Market? Q32) What is a Budget? Q33) What is net banking? Explain the merits of it. Q34) What is currency? Q35) What are the uses of Overdraft? Q36) What is a clearance house? Q37) Write in brief about GST. Q38) What is a Pie-diagram? Q39) Compute the median for the following data: 5,7,7,8,9,10,12,15 and 21. Q40) Find the mode from the following data. Wages 380 430 480 480 480 480 520 590 600 600.

That’s it my Amazing Learners!

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HERE IS A LIST OF QUICK LINKS, YOU MIGHT FIND USEFUL:

 

CEC/MEC/HEC 1^st Year

·       TS Intermediate 1^st Year Political Science Syllabus

·       TS Intermediate 1^st Year Economics Syllabus

·       TS Intermediate 1^st Year Commerce Syllabus

·       TS Intermediate 1^st Year Political Science Important Questions (IQ List)

·       TS Intermediate 1^st Year Economics Important Questions (IQ List)

·       TS Intermediate 1^st Year Commerce Important Questions (IQ List)

CEC/MEC/HEC 2^nd Year

·       TS Intermediate 2^nd Year Political Science Syllabus

·       TS Intermediate 2nd Year Economics Syllabus

·       TS Intermediate 2nd Year Commerce Syllabus

·       TS Intermediate 2nd Year Political Science Important Questions (IQ List)

·       TS Intermediate 2nd Year Economics Important Questions (IQ List)

·       TS Intermediate 2nd Year Commerce Important Questions (IQ List)

Study Tips

·       How to Prepare for Exams? Everything you need to know before Exams

·       What is the best way to do Revision? Student’s Complete guide for Effective Revision.

Latest Updates

·       TS Intermediate Public Examination Timetable

·       TS Intermediate Public Examination Result