HSC Commerce (English Medium)
HSC Science (General)
HSC Arts (English Medium)
HSC Science (Electronics)
HSC Science (Computer Science)
HSC Commerce: Marketing and Salesmanship
Academic Year: 2009-2010
Date: मार्च 2010
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Fill in the blanks with appropriate alternatives given in the bracket.
If the price of the inferior goods falls, the demand for them will ________.
1.increase
2.decrease
3.remain constant
4.become zero
Chapter: [0.01] Introduction to Micro and Macro Economics [1.01] Introduction to Micro Economics
Fill in the blanks with appropriate alternatives given in the bracket.
Demand elasticity can be measured from demand curve by ___________ method.
1.Total outlay
2.Percentage
3.Geometric
4.Mathematical
Chapter: [0.032] Elasticity of Demand [1.03] Analysis of Demand and Elasticity of Demand
Fill in the blanks with appropriate alternatives given in the bracket.
________economics can study the problem of inflation in the country.
1.Micro
2.Macro
3.Static
4.Dynamic
Chapter: [0.01] Introduction to Micro and Macro Economics [2.01] Introduction to Macro Economics
Fill in the blanks with appropriate alternatives given in the bracket.
Marginal consumption function is always ________.
1.zero
2.one
3.more than one
4.less than one
Chapter: [1.02] Consumers Behavior
Fill in the blanks with appropriate alternatives given in the bracket.
To increase credit creation Central Bank __________ the debentures.
1.purchases
2.sells
3..borrows
4.stocks
Chapter: [2.06] Central Bank
State Whether the following statements are TRUE or FALSE:
Demand will not increase by coming of new customers.
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
State Whether the following statements are TRUE or FALSE:
Demand elasticity concept is useful for labour unions.
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
State Whether the following statements are TRUE or FALSE:
Due to the use of modern production technique supply will decrease.
Chapter: [1.04] Analysis of Supply
State Whether the following statements are TRUE or FALSE:
There is no price discrimination in the monopolistic competition.
Chapter: [0.05] Forms of Market [1.05] Types of Market and Price Determination Under Perfect Competition
State Whether the following statements are TRUE or FALSE:
Due to Government expenditure demand increases.
Chapter: [2.03] Determinants of Aggregates
Choose the correct answer :
In the period of scarcity of a particular commodity _________.
(a)price becomes less
(b) demand becomes less
(c) price and demand increases
(d) price and demand decreases
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
Choose the correct answer :
Demand elasticity of habitual goods is _________.
(a) more elastic
(b) less elastic
(c) zero elastic
(d) unitary elastic
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
Choose the correct answer :
In the long term supply becomes _________.
(a) active
(b) inactive
(c) zero
(d) negative
Chapter: [1.04] Analysis of Supply
Choose the correct answer :
When income increases consumption and saving will _________.
(a) increase
(b) decrease
(c) be constant
(d) be equal
Chapter: [1.02] Consumers Behavior
Choose the correct answer :
Currency rate of India to other currency means _________.
(a) interest rate
(b) exchange rate
(c) tax rate
(d) profit rate
Chapter: [2.06] Central Bank
Match the following Group ‘A’ with Group ‘B’ :
|
Group ‘A’ |
Group ‘B’ |
||
| (a) |
Economics | (1) | not steady |
| (b) |
Reward of capital | (2) | 1 April, 1935 |
| (c) |
Value of money | (3) | Social science |
| (d) |
Establishment of Central Bank | (4) | Income from commodity tax |
| (e) | Sales tax | (5) | Natural science |
| (6) | Interest |
||
| (7) | 1 April, 1939 | ||
Chapter: [2.06] Central Bank
Define or Explain the concept
Micro economics
Chapter: [0.01] Introduction to Micro and Macro Economics [1.01] Introduction to Micro Economics
Define or Explain the concept
Perfectly elastic demand
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
Define or explain the following concepts:
Entrepreneur
Chapter: [1.06] Factors of Production
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Define or explain the following concept:
National income
Chapter: [0.07] National Income [2.02] National Income
Define or Explain the concept
Real investment
Chapter: [2.03] Determinants of Aggregates
Define or Explain the concept
Current deposit
Chapter: [2.05] Commercial Bank
Define or explain the concept of Lender of the last resort .
Chapter: [2.06] Central Bank
Define or Explain the concept:
Budget
Chapter: [2.07] Public Economics
State whether the following statements are True or False with reasons :
Utility of the same commodity for two persons is different.
Chapter: [0.02] Utility Analysis [1.02] Consumers Behavior
State whether the following statements are True or False with reason:
Demand for medicine is inelastic.
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
State whether the following statements are True or False with reason:
No monopolistic competition is found in real life.
Chapter: [0.01] Introduction to Micro and Macro Economics [2.01] Introduction to Macro Economics
State whether the following statements are True or False with reason:
After the world depression importance of macro economics study increased.
Chapter: [0.01] Introduction to Micro and Macro Economics [2.01] Introduction to Macro Economics
State whether the following statements are True or False with reason:
Ten years period is considered for measuring National Income.
Chapter: [0.07] National Income [2.02] National Income
State whether the following statements are True or False with reason:
Income earned from foreign investment is considered for aggregate demand.
Chapter: [0.031] Demand Analysis [2.03] Determinants of Aggregates
State whether the following statements are True or False with reason:
Interest rate is more for fixed deposits.
Chapter: [2.05] Commercial Bank
State whether the following statements are True or False with reason:
Due to clearing house of the Central Bank cash money is saved.
Chapter: [2.06] Central Bank
Distinguish Between:
Total Utility and Marginal Utility
Chapter: [0.02] Utility Analysis
Distinguish between Joint demand and Composite demand.
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
Distinguish between Percentage method and Total outlay method.
Chapter: [0.01] Introduction to Micro and Macro Economics [1.01] Introduction to Micro Economics
Distinguish between Man-made factors and Natural factors.
Chapter: [1.06] Factors of Production
Distinguish between Illegal income and Transfer income.
Chapter: [0.07] National Income [2.02] National Income
Distinguish between Average propensity to consume and Marginal propensity to consume.
Chapter: [1.02] Consumers Behavior
Distinguish between Any Four of the following :
Bank rate and Interest rate.
Chapter: [2.06] Central Bank
Distinguish between the following.
Direct tax and Indirect tax.
Chapter: [2.07] Public Economics
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Give reasons or explain the following statement:
Assumptions of micro economics are unrealistic.
Chapter: [1.01] Introduction to Micro Economics
Give reasons or explain the following statement:
It is more appropriate to tax the rich in excess than the poor.
Chapter: [2.07] Public Economics
Give reasons or explain the following statement:
Due to speedy transport supply increases.
Chapter: [1.04] Analysis of Supply
Give reason or explain the following statement:
A monopolist can control the supply of goods .
Chapter: [0.04] Supply Analysis [1.04] Analysis of Supply
Give reasons or explain the following statement:
Macro economics is comprehensive in nature.
Chapter: [2.01] Introduction to Macro Economics
Give reasons or explain the following statement:
In a rich country marginal propensity to consume is less.
Chapter: [0.02] Utility Analysis [1.02] Consumers Behavior
Give reasons or explain the following statement:
Invention of money is the most important invention of human economic history.
Chapter: [2.04] Money
Give reasons or explain the following statement:
For the period of inflation surplus budget is prepared.
Chapter: [0.08] Public Finance in India [2.07] Public Economics
Answer in brief.
State the features of Capital.
Chapter: [1.06] Factors of Production
Write answers in ‘one’ or ‘two’ paras each :
Explain the concept of saving function.
Chapter: [1.02] Consumers Behavior
Answer the following question.
Explain the secondary functions of money.
Chapter: [2.04] Money
Write the answers in ‘one’ or ‘two’ paras each:
Explain the types of Government budget.
Chapter: [0.08] Public Finance in India [2.07] Public Economics
Explain the features of microeconomics.
Chapter: [0.01] Introduction to Micro and Macro Economics [1.01] Introduction to Micro Economics
Write any four practical difficulties in national income estimation.
Chapter: [0.07] National Income
Write explanatory note.
Government expenditure.
Chapter: [1.02] Consumers Behavior
Write explanatory note:
Qualitative credit control methods of the Central Bank.
Chapter: [2.06] Central Bank
Answer with reasons whether you agree or disagree with the following statement:
The supply curve slopes downward from left to right.
Chapter: [1.04] Analysis of Supply
State whether the following statement is True or False with reason:
Perfect competition means pure competition.
Chapter: [0.05] Forms of Market [1.05] Types of Market and Price Determination Under Perfect Competition
Answer with reasons whether you agree or disagree with the following statement:
The commercial banks perform many useful works for the people.
Chapter: [2.05] Commercial Bank
Explain the types of price elasticity of demand.
Chapter: [0.032] Elasticity of Demand
Explain the law of diminishing marginal utility with the help of a total utility schedule.
Chapter: [0.02] Utility Analysis [1.02] Consumers Behavior
Answer in detail
State the features of Macro economics.
Chapter: [0.01] Introduction to Micro and Macro Economics [2.01] Introduction to Macro Economics
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Maharashtra State Board previous year question papers 12th Standard Board Exam Economics with solutions 2009 - 2010
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