Discuss the concept of quasi-rent. How does it differ from the concept of economic rent?  

What is Software? Differentiate between system software and application software. 

Explain the nature of Average Revenue Curve and Marginal Revenue Curve of a firm under Oligopoly. 

What is multimedia? What are the advantages of learning multimedia? How it can be used in a PowerPoint presentation to make it more effective? 

Discuss the measures adopted by the government to reduce poverty in India.

Explain the meaning of E-wallet. Discuss briefly the factors which have contributed to the adoption of E-wallets in India. 

What is backward bending supply curve? Explain with an example. 

Explain the concept of human capital. What role does it play in an economy? 

What are the Computer Networks? Explain their importance and various types. 

Explain the attainment of equilibrium position by a consumer with the help of an indifference curve. 

 Discuss the main features of the mixed economy followed by India after independence.

Distinguish between positive and normative economics. Which one should be preferred and why?

Discuss the role of non-economic factors in economic development.

Explain the marginal productivity theory of distribution. Also state its assumptions. Why is the marginal productivity theory not considered a satisfactory theory of distribution?

What is full-cost pricing principle? How does it lead to a higher than optimum production? 

Explain the concept of consumer's surplus. What are its limitations? 

 Explain the Law of Supply. Point out its exceptions.

Explain the main determinants of demand of a commodity in the market. Distinguish between an Inferior good (commodity) and a Giffen good.

What is ABC analysis? 

Explain ‘Credit standard’ and ‘credit period’.