01 - Set oven temperature to 400°F.
02 - Heat a large skillet over medium heat and cook ground beef for 2 to 3 minutes, breaking apart with a spoon.
03 - Add diced onion and minced garlic to the skillet and cook until softened, approximately 3 minutes.
04 - Incorporate cumin, chili powder, smoked paprika, salt, and black pepper, stirring and cooking for 1 minute until fragrant.
05 - Mix in tomato paste and water, then simmer on low heat for 4 to 5 minutes until slightly thickened. Remove from heat.
06 - Spread tortilla chips evenly on a large baking sheet or ovenproof platter and scatter black beans over them.
07 - Spoon the prepared beef mixture uniformly over the chips and beans.
08 - Sprinkle shredded cheddar and Monterey Jack cheeses evenly over the beef and beans.
09 - Place the sheet in the preheated oven and bake for 8 to 10 minutes until cheese is melted and bubbly.
10 - Remove from oven and garnish with sour cream, diced avocado, tomato, red onion, cilantro, jalapeño slices, and lime wedges. Serve immediately.