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IE-IFS Capsule Cards PRO Fundamentals of Economics…
What is the Greek origin of the word 'Economics'?
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Origin of Economics
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 50
WA 50
IE-IFS Capsule Cards PRO Fundamentals of Economics…
What is the primary study focus of Microeconomics?
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Microeconomics Focus
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 41
WA 41
IE-IFS Capsule Cards PRO Fundamentals of Economics…
What are the three fundamental questions every society must answer?
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Three Economic Problems
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 41
WA 41
IE-IFS Capsule Cards PRO Fundamentals of Economics…
What does Macroeconomics primarily deal with?
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Macroeconomics Focus
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 38
WA 38
IE-IFS Capsule Cards PRO Fundamentals of Economics…
How did Adam Smith define Economics?
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Adam Smith's Definition
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 37
WA 37
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IE-IFS Capsule Cards PRO Fundamentals of Economics…
Which famous book was written by Adam Smith and when?
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The Wealth of Nations
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 37
WA 37
IE-IFS Capsule Cards PRO Fundamentals of Economics…
What is Prof. Alfred Marshall's definition of Economics?
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Marshall's Welfare Definition
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 36
WA 36
IE-IFS Capsule Cards PRO Fundamentals of Economics…
How did Lionel Robbins define the subject of Economics?
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Robbins' Scarcity Definition
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 34
WA 34
IE-IFS Capsule Cards PRO Fundamentals of Economics…
Who is considered the pioneer of modern Macroeconomics?
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Father of Macroeconomics
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 34
WA 34
IE-IFS Capsule Cards PRO Fundamentals of Economics…
What is the extreme case of a market economy called?
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Laissez-Faire Economy
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 33
WA 33
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IE-IFS Capsule Cards PRO Fundamentals of Economics…
Name the landmark 1936 book written by J.M. Keynes.
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Keynes' Revolutionary Book
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 32
WA 32
IE-IFS Capsule Cards PRO Fundamentals of Economics…
How does a Market Economy resolve the three fundamental questions?
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Market Economy (Capitalism)
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 31
WA 31
IE-IFS Capsule Cards PRO Fundamentals of Economics…
What characterizes a Command or Socialistic Economy?
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Command Economy
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 30
WA 30
IE-IFS Capsule Cards PRO Fundamentals of Economics…
What type of economic system does India follow?
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India's Economic System
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 30
WA 30
IE-IFS Capsule Cards PRO Fundamentals of Economics…
What is a Mixed Economy?
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Mixed Economy
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 27
WA 27
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IE-IFS Capsule Cards PRO Fundamentals of Economics…
Is Economics concerned with production or consumption?
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Economics as a Science
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 28
WA 28
IE-IFS Capsule Cards PRO Fundamentals of Economics…
In Robbins' definition, what do 'ends' and 'means' represent?
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Ends and Means Concept
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 27
WA 27
IE-IFS Capsule Cards PRO Fundamentals of Economics…
Which type of economy operated in the Soviet Union during the 20th century?
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Soviet Union Economy Type
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 27
WA 27
IE-IFS Capsule Cards PRO Fundamentals of Economics…
Why is resource scarcity alone not the only economic problem?
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Alternative Uses of Resources
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 25
WA 25
IE-IFS Capsule Cards PRO Fundamentals of Economics…
How is the economy of the United States classified today?
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US Economic System
Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies 25
WA 25
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Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies — JAIIB IE-IFS Capsules

India's #1 short-form JAIIB preparation app. 500+ capsule cards, unlimited mock tests & PDF notes for JAIIB May & Nov 2026 (PPB, IE-IFS, AFM, RBWM). Learn while commuting. Clear JAIIB in your first attempt. Join 5,000+ bankers.

All 20 cards on this page
Origin of Economics What is the Greek origin of the word 'Economics'? Microeconomics Focus What is the primary study focus of Microeconomics? Three Economic Problems What are the three fundamental questions every society must answer? Macroeconomics Focus What does Macroeconomics primarily deal with? Adam Smith's Definition How did Adam Smith define Economics? The Wealth of Nations Which famous book was written by Adam Smith and when? Marshall's Welfare Definition What is Prof. Alfred Marshall's definition of Economics? Robbins' Scarcity Definition How did Lionel Robbins define the subject of Economics? Father of Macroeconomics Who is considered the pioneer of modern Macroeconomics? Laissez-Faire Economy What is the extreme case of a market economy called? Keynes' Revolutionary Book Name the landmark 1936 book written by J.M. Keynes. Market Economy (Capitalism) How does a Market Economy resolve the three fundamental questions? Command Economy What characterizes a Command or Socialistic Economy? India's Economic System What type of economic system does India follow? Mixed Economy What is a Mixed Economy? Economics as a Science Is Economics concerned with production or consumption? Ends and Means Concept In Robbins' definition, what do 'ends' and 'means' represent? Soviet Union Economy Type Which type of economy operated in the Soviet Union during the 20th century? Alternative Uses of Resources Why is resource scarcity alone not the only economic problem? US Economic System How is the economy of the United States classified today?
Chapters in this paper
Micro Finance Institutions Non-Banking Financial Companies (NBFCs) Fixed Income Markets – Debt and Bond Markets Interconnectedness of Markets and Market Dynamics Merchant Banking Services Foreign Exchange Markets (IE-IFS) Factoring, Forfaiting and Trade Receivables Discounting System (TReDS) Venture Capital Lease Finance and Hire Purchase Credit Rating and Credit Scoring Pension Products Para Banking and Financial Services Provided by Banks Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) An Overview of Indian Economy Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies Indian Financial System – An Overview
Modules in IE-IFS
MODULE A: Indian Economic Architecture MODULE B: Economic Concepts Related to Banking MODULE C: Indian Financial Architecture MODULE D: Financial Products & Services
JAIIB papers
IE-IFS — Indian Economy & Indian Financial System PPB — Principles & Practices of Banking AFM — Accounting & Financial Management for Bankers RBWM — Retail Banking & Wealth Management
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