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: अक्टूबर 2009
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Rewrite the following sentences by using proper substitute given in the bracket:
Economics is a ________ science.
1.Natural
2.Social
3.Anthropology
4.Political
Chapter: [0.01] Introduction to Micro and Macro Economics [1.01] Introduction to Micro Economics
Rewrite the following sentences by using proper substitute given in the bracket:
Labour is ___________.
1.Imperishable
2.Perishable
3.Convertible
4.Non-convertible
Chapter: [1.06] Factors of Production
Rewrite the following sentences by using proper substitute given in the bracket:
The nature of the market of barter system is ________.
1.wide
2.limited
3.personal
4.social
Chapter: [1.01] Introduction to Micro Economics
Rewrite the following sentences by using proper substitute given in the bracket:
There is lack of ________ in monopoly.
Chapter: [1.01] Introduction to Micro Economics
Rewrite the following sentences by using proper substitute given in the bracket:
__________ has monopoly to issue the currency notes.
Chapter: [2.06] Central Bank
State whether the following statements are TRUE or FALSE :
Utility is subjective.
Chapter: [0.02] Utility Analysis [1.02] Consumers Behavior
Give reasons or Explain the following statements.
All desires are not demand.
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
State whether the following statements are TRUE or FALSE :
The demand of foodgrains is inelastic.
Chapter: [0.032] Elasticity of Demand [1.03] Analysis of Demand and Elasticity of Demand
State whether the following statements are TRUE or FALSE :
The demand of foodgrains is inelastic.
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
State whether the following statements are TRUE or FALSE :
The problems of Nation are studied in the micro economy.
Chapter: [1.01] Introduction to Micro Economics
Choose the correct answer :
The capacity of a commodity to satisfy human want is known as _________.
(a) Need
(b) Utility
(c) Satisfaction
(d) Production
Chapter: [1.02] Consumers Behavior
Choose the correct answer :
The demand of a salt is _________.
(a) Inelastic
(b) Elastic
(c) Elasticity more than one
(d) Elasticity less than one
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
Choose the correct answer :
The income which is not spent on consumption is known as _________.
(a) Saving
(b) Loss
(c) Profit
(d) Transaction
Chapter: [1.02] Consumers Behavior
Choose the correct answer :
The account in which the specific amount is deposited per month regularly is known as _________.
(a) Fixed account
(b) Current account
(c) Savings account
(d) Recurring account
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Choose the correct answer :
The Government budget is for _________.
(a) Specific period
(b) Unspecific period
(c) Some days
(d) Some weeks
Chapter: [2.07] Public Economics
Match the following Group ‘A’ with Group ‘B’:
| Group ‘A’ | Group ‘B’ | ||
| (a) | Giffen’s goods | (1) | Uses of commodities |
| (b) | Essential commodities | (2) | Keynes |
| (c) | Consumption | (3) | Primary function of bank |
| (d) | Consumption function | (4) | Inferior goods |
| (e) | Accept deposits | (5) | Money lender |
|
|
(6) | Inelastic demand | |
|
|
|
(7) | Luxurious commodities |
|
|
|
(8) | Dr. Marshall |
Chapter: [1.02] Consumers Behavior
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Explain the following concepts or give definitions.
Micro economics
Chapter: [0.01] Introduction to Micro and Macro Economics [1.01] Introduction to Micro Economics
Explain the following concepts or give definitions.
Demand
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Explain the following concepts or give definitions.
Land
Chapter: [1.06] Factors of Production
Explain the following concepts or give definitions.
Depreciation
Chapter: [0.031] Demand Analysis [2.03] Determinants of Aggregates
Explain the following concepts or give definitions.
Consumption
Chapter: [1.02] Consumers Behavior
Explain the following concepts or give definitions.
Savings deposits
Chapter: [2.05] Commercial Bank
Define or explain the following concepts.
Clearing house
Chapter: [2.06] Central Bank
Define or explain the concept of Deficit budget .
Chapter: [2.07] Public Economics
State whether the following statements are True or False with reasons:
The demand of a rich person is elastic.
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
State whether the following statements are True or False with reasons:
There are advertisements of commodities in perfect 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 with reasons :
The scope of macro economics is wide.
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 reasons:
There is no difference between the macro and micro economics.
Chapter: [2.01] Introduction to Macro Economics
State whether the following statements are True or False with reasons:
Increase in consumption expenditure is less than increase in income.
Chapter: [1.02] Consumers Behavior
State whether the following statements are True or False with reasons :
The interest is more on savings deposits.
Chapter: [2.05] Commercial Bank
State whether the following statements are True or False with reasons (Any Four) :
The Central bank works as a Bankers’ Bank.
Chapter: [2.06] Central Bank
State whether the following statements are True or False with reasons:
The expenditure is more than income in balanced budget.
Chapter: [0.08] Public Finance in India [2.07] Public Economics
Give reasons or explain the following statements:
Utility means not usefulness.
Chapter: [1.02] Consumers Behavior
Give reasons or explain the following statements (Any Four):
The demand curve is sloping down from left to right.
Chapter: [0.032] Elasticity of Demand [1.03] Analysis of Demand and Elasticity of Demand
Give reasons or explain the following statements
The relationship between price and supply is positive.
Chapter: [1.04] Analysis of Supply
Give reasons or explain the following statements
There is single price in perfect competition.
Chapter: [0.05] Forms of Market [1.05] Types of Market and Price Determination Under Perfect Competition
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Give reasons or explain the following statements :
The Entrepreneur is called as a leader of the organisation.
Chapter: [1.06] Factors of Production
Give reasons or explain the following statements:
The net national income is less than gross national income.
Chapter: [0.07] National Income [2.02] National Income
Give reasons or explain the following statements :
The study of whole economy is done in the macro economy.
Chapter: [0.01] Introduction to Micro and Macro Economics [2.01] Introduction to Macro Economics
Give reasons or explain the following statements :
The difficulties of barter system are removed by money.
Chapter: [2.04] Money
Answer in brief.
State the features of Capital.
Chapter: [1.06] Factors of Production
Answer in brief.
Give different definitions of National Income.
Chapter: [0.07] National Income [2.02] National Income
Answer in brief.
Explain the relationship between Income and Consumption.
Chapter: [1.02] Consumers Behavior
Answer in brief.
Explain the definitions of Money.
Chapter: [2.04] Money
Explain the following concepts or give definitions.
Micro economics
Chapter: [0.01] Introduction to Micro and Macro Economics [1.01] Introduction to Micro Economics
Write explanatory notes or answer the following.
Aggregate demand
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
Write explanatory notes or answer the following.
Explain the primary functions of Commercial bank.
Chapter: [2.05] Commercial Bank
Write explanatory notes or answer the following.
Revenue expenditures.
Chapter: [2.03] Determinants of Aggregates
Do you agree with the following statements? Give reasons.
Marginal utility and Total utility is same.
Chapter: [1.02] Consumers Behavior
Do you agree with the following statements? Give reasons.
Macro economy deals with whole economy.
Chapter: [0.01] Introduction to Micro and Macro Economics [2.01] Introduction to Macro Economics
Do you agree with the following statements? Give reasons.
Central bank works as Government’s bank.
Chapter: [2.06] Central Bank
Explain the law of demand with its assumptions.
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
Answer the following questions in detail.
What is meant by Supply? State its determinants.
Chapter: [1.04] Analysis of Supply
What is perfect competition? Explain the concept and its features.
Chapter: [0.05] Forms of Market
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Maharashtra State Board previous year question papers 12th Standard Board Exam Economics with solutions 2009 - 2010
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