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MBA Interview Questions - Economics
Top 100 Economics Questions asked in MBA Interviews.
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Top 100 Economics Questions asked in MBA Interviews
Will protectionism policy of different nations result in another global recession?
What do you know about the US-China Trade War?
Do you think recession is still going on?
Can you elaborate on the various sub accounts of BOP?
Can you comment on this year's budget?
Do you know what is neobanking; it has been in news off late?
What do you know about the budget and the economy?
Do you know of any mechanism by which RBI can withdraw excess money supply from the FOREX market?
Can you talk about the responsibilities of RBI in simple points?
Give SEBI guidelines for a small investor.
How do you determine dollar's rate and on what formula is it based?
How do you think GDP contributes to the economy of a country?
How many banks are there in India?
Is forex a part of BOP?
Is there any proposal of opening new banks in India?
What is inflation?
What is equi-marginal utility?
What is Macro Economics?
Tell me something about GST.
Tell us about the functioning of RBI, who is the current governor of RBI?
What are CRR, Repo Rate, Reverse Repo Rate and Bank Rate, how are they used by RBI?
What are direct and indirect taxes?
What is a Budget?
What is a SEZ?
What is balance of payments?
What is centre's role and state's role in planning?
What is export data and import data?
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What is FDI and FII?
What is Fiscal deficit and what is the fiscal deficit of India?
What is GDP at PPP?
What is inflation? What is its current rate?
What is Purchasing Power Parity? Concept and Explanation with regard to the Rupee and Dollar.
What is recession? What is slow down?
What is the fiscal deficit of the US?
What is the GDP growth rate of India? Why is it declining?
Who decides the exchange rate?
Who does the Economic Planning for India?
What is the inflation rate in US?
Who prepares the Budget?
What is the price of oil in the world market today? How is it affecting India?
What is Z factor in economics?
What is the Keynesian theory?
What are economies of scale?
What economic changes were initiated by the Government under the Industrial Policy, 1991?
What are the essential features of Liberalization?
What are the essential features of Privatization?
What are the essential features of Globalization?
Distinguish between microeconomics and macroeconomics.
What do you mean by a normal good?
What do you mean by an 'inferior good'? Give some examples.
What do you mean by substitutes? Give examples of two goods which are substitutes of each other.
Explain price elasticity of demand.
What are the important features of a capitalist economy?
What is your understanding of monopoly?
Explain the absence of supply curve under monopoly with the help of a relevant diagram.
Explain the short run equilibrium under monopolistic competition.
What is price leadership?
Discuss IC analysis of labour supply curve.
How would you say trade unions influence wages and employment when the labour market is monopolistic in nature?
How would you differentiate between nominal and real interest rate?
Explain the concept of diminishing marginal utility of money.
What are the basic assumptions behind all the economic theories?
Would you consider human being a rational animal as assumed by economics?
What is behavioural economics?
Would you say private market will fail to provide public goods efficiently?
What do you understand by market signaling?
Since the demand for electricity rises during the evening hours, would you suggest a higher peak load price?
What is contestable market theory?
Why do you think the price rigidity rises in oligopolistic market?
What according to you is the NPV criteria for capital investment decision?
What do you mean by risk and how do you think individuals reduce risk?
What according to you is a market failure and what causes it?
What are externalities?
What is third degree price discrimination?
What is your understanding of cartels?
Could you explain why OPEC cartel was successful in raising oil prices?
What is your understanding of the prisoner's dilemma?
What do you think is the economic rent concept?
How do you think transfer earnings are related to economic rent?
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Could you explain price rigidity with the help of kinked demand curve model?
Would you say you are a risk averse person? What would be some of your characteristics then?
Could you explain ‘deadweight loss’ with the help of diagram?
Could you explain PPC with the help of a diagram?
What do you think would a consumer consider while deciding between buying or leasing a car?
What do you think would happen in case of increase in investment in an economy when there is full employment?
Can you explain the Classical Theory?
Can you show the three phases of adjustment as money grows in the Fisher effect?
What are the determinants of natural rate of unemployment?
What is frictional unemployment and its causes?
What is a liquidity trap?
Could you explain financial market equilibrium in the classical model?
What is stagflation?
What is the Fisher equation?
Please discuss the relationship between inflation and output in the short run and long run?
What according to you is the sacrifice ratio?
What is the difference between direct and indirect tax?
If you have any question, suggestion or feedback, feel free to post it in the discussion box given below.
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