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12th Economics Important 3 Mark Questions

ECONOMICS: IMPORTANT THREE MARKS

TN 12th Standard Economics Public Exam 2026 Scoring high in the theory section requires a strong grasp of the 12th Economics important 3-mark questions. This comprehensive question bank covers essential topics from the Samacheer Kalvi syllabus, including the merits of capitalism, functions of NABARD, types of inflation, and the canons of taxation. Whether you are looking for chapter-wise study materials or a last-minute revision guide, these frequently asked questions—ranging from the vicious circle of poverty to the objectives of ASEAN and FDI—are curated to help students master the concepts and boost their final scores.

• 1. Importance of Macro economics.

• 2. Merits of capitalism.

• 3. Short note on Expenditure method.

• 4. Diff b/w Personal income and Disposable income.

• 5. Implications of Say's law.

• 6. Types of economic system.

• 7. Explain Demand-pull and cost-push inflation.

• 8. Brief note on flexible exchange rate.

• 9. Functions of NABARD.

• 10. Explain b/w Autonomous Investment & Induced investment.

• 11. Objectives of Demonetization, ASEAN, FDI.

• 12. Functions of statistics.

• 13. Two sector flow model.

• 14. Brief note on NFBI.

• 15. What are Trade Blocks.

• 16. Short note on: Seasonal, Frictional, Educational unemployment.

• 17. Standard deviation: $14, 22, 9, 15, 20, 17, 12, 11$ (Ans: $4.18$)

• 18. Super multiplier.

• 19. Major causes of vicious circle of poverty.

• 20. ASF with diagram.

• 21. Explain psychological law of consumption.

• 22. Money supply.

• 23. 3 lending programs of IMF.

• 24. What is E-waste?

• 25. Short note on Climate change, Acid rain.

• 26. Types of Air pollution, Inflation.

• 27. Functions of NITI Aayog.

• 28. Features of TAXATION.

• 29. Aggregate demand and its components.

• 30. Diff b/w Direct tax and Indirect tax.

• 31. Functions of modern state.

• 32. Canons of Taxation.

• 33. Diff b/w Balance of Trade & Balance of Payments.

• 34. Functions of SAARC.