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?

 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?
 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?