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: 2023-2024
Date & Time: 9th March 2024, 3:00 pm
Duration: 3h
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Notes:
- All questions are compulsory.
- Draw neat tables/diagrams wherever necessary.
- Figures to the right indicate full marks.
- Write answers to all main questions on new pages.
The method adopted in microeconomic analysis.
- Lumping method
- Aggregative method
- Slicing method
- Inclusive method
a, c and d
a, b and d
Only c
Only a
b, c, d
Chapter: [0.01] Introduction to Micro and Macro Economics [1.01] Introduction to Micro Economics
Factors which are working in unorganized money market.
- Money lenders
- Commercial bank
- Hundi
- Chit funds
a, b, c
b, c
b, d
a, c, d
Chapter: [0.09] Money Market and Capital Market in India
Optional functions of government:
- Protection from external attack
- Provision of education and health services
- Provision of social security measures
- Collection of tax
b and c
a, b and c
b, c and d
All of the above
Chapter: [0.08] Public Finance in India
Statements that highlight the significance of index numbers.
- Index numbers are useful for making future predictions.
- Index numbers help in the measurement of inflation.
- Index numbers help to frame suitable policies.
- Index numbers can be misused.
b, c and d
a, c and d
a, b and d
a, b and c
Chapter: [0.06] Index Numbers
Blood bank is an example of ______.
- Place utility
- Knowledge utility
- Service utility
- Time utility
a, b, c
b, c, d
a, b, d
only d
Chapter: [0.02] Utility Analysis [1.02] Consumers Behavior
Find the odd word out:
Types of demand:
Direct demand
Indirect demand
Composite demand
Market demand
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
Find the odd word out:
Features of National Income:
Financial year
Money value
Static concept
Flow concept
Chapter: [0.07] National Income
Find the odd word out:
Types of budget:
Deficit budget
Zero budget
Balanced budget
Surplus budget
Chapter: [0.08] Public Finance in India [2.07] Public Economics
Find the odd word out:
Legal monopoly:
Patent
OPEC
Copyright
Trademark
Chapter: [0.05] Forms of Market
Find the odd word out:
Financial Assets:
Bonds
Land
Govt. Securities
Derivatives
Chapter: [0.09] Money Market and Capital Market in India
Give economic term:
More quantity is demanded due to changes in the factors determining demand other than price.
Chapter: [0.031] Demand Analysis
Give an economic term:
Deposits that are withdrawable on demand.
Chapter: [0.09] Money Market and Capital Market in India
Give economic term:
Charging different prices to different consumers for the same product or services.
Chapter: [0.05] Forms of Market
Give economic term:
Net addition made to the total cost by producing one more unit of output.
Chapter: [0.04] Supply Analysis
Give economic term:
Degree of responsiveness of quantity demanded to change in income only.
Chapter: [0.032] Elasticity of Demand
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General equilibrium : Macro economics : : ______ : Micro economics
Chapter: [0.01] Introduction to Micro and Macro Economics
Complete the correlation:
Output method : __________ :: Income method : Factor cost method
Chapter: [0.07] National Income
Form utility : Furniture : : ______ : Doctor
Chapter: [0.02] Utility Analysis [1.02] Consumers Behavior
Perfectly elastic demand : Ed = ∞ : : _______ : Ed = 0
Chapter: [0.032] Elasticity of Demand
______ : Change in supply : : Other factors constant : Variation of supply
Chapter: [0.04] Supply Analysis
Identify and explain the concept from the given illustration:
Lalita satisfied her want of writing an essay by using pen and notebook.
Chapter: [0.02] Utility Analysis
Identify and explain the following concept:
Raju’s father invests his money in a market for long term funds both equity and debt raised within and outside the country.
Chapter: [0.09] Money Market and Capital Market in India
Identify and explain the following concept:
Due to mandatory use of masks during corona epidemic the demand for mask-producing labour has increased.
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
Identify and explain the concept from the given illustration:
Maharashtra purchased wheat from Punjab.
Chapter: [0.1] Foreign Trade of India
Identify and explain the following concept:
Vrinda receives monthly pension of Rs. 5,000/- from the state government.
Chapter: [0.07] National Income
Distinguish between:
Recurring deposits and Fixed deposits
Chapter: [0.09] Money Market and Capital Market in India
Distinguish Between:
Total Utility and Marginal Utility
Chapter: [0.02] Utility Analysis
Distinguish between perfectly elastic demand and perfectly inelastic demand.
Chapter: [0.032] Elasticity of Demand
Distinguish between:
Price Index and Quantity Index.
Chapter: [0.06] Index Numbers
Distinguish between internal debt and external debt.
Chapter: [0.08] Public Finance in India
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Explain any four types of demand.
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
Explain the problems of the capital market in India.
Chapter: [0.09] Money Market and Capital Market in India
Explain any four features of utility.
Chapter: [0.02] Utility Analysis
Explain various reasons for the growth of public expenditure.
Chapter: [0.08] Public Finance in India
Explain any four features of macroeconomics.
Chapter: [0.01] Introduction to Micro and Macro Economics [2.01] Introduction to Macro Economics
State with reasons whether you agree or disagree with the following statement.
Over the last 75 years, India’s foreign trade has undergone a complete change in terms of composition and direction.
Agree
Disagree
Chapter: [0.1] Foreign Trade of India
Macro economics is different from micro economics.
Agree
Disagree
Chapter: [0.01] Introduction to Micro and Macro Economics
State with reasons whether you agree or disagree with the following statement.
Price maker is the only feature of monopoly market.
Agree
Disagree
Chapter: [0.05] Forms of Market
State with reasons whether you agree or disagree with the following statement.
There are many sources of non-tax revenue.
Agree
Disagree
Chapter: [0.08] Public Finance in India
State with reasons whether you agree or disagree with the following statement.
There are many types of index numbers.
Agree
Disagree
Chapter: [0.06] Index Numbers
Observe the following table and answer the questions given below it:
| Commodities | Prices in 2006 (in ₹) (Base Year) P0 | Prices in 2006 (in ₹) (Current Year) P1 |
| A | 20 | 30 |
| B | 30 | 45 |
| C | 40 | 60 |
| D | 50 | 75 |
| E | 60 | 90 |
Questions:
- Write the formula for calculation of price index.
- Find the value of ∑P0 and ∑P1.
- Find the price index P01.
Chapter: [0.06] Index Numbers
Observe the given diagram and answer the following questions:
- The rightward shift in demand curve ______.
- Leftward shift in demand curve ______.
- Price remains ______.
- An increase and decrease in demand come under ______.
Chapter: [0.031] Demand Analysis
Read the given passage and answer the questions:
|
In common language the term market means a specific place where buyers and sellers of a commodity meet and exchange their goods. But in Economics it is not necessarily a place but it is an arrangement through which buyers and sellers come in contact with each other directly or indirectly and exchange of goods takes place among them. Market can be classified on the basis of place, time and competition. Market on the basis of competition is perfect competition and imperfect competition. Perfect competition is an imaginary concept of market and in reality, we observe various types of imperfect competition like monopoly, duopoly, oligopoly and monopolistic competition. In practice monopolistic competition is used. In this market there are some features of perfect competition and monopoly acting together. The uniqueness of this market lies in the fact that a difference is made between cost of production and selling cost. Selling cost refers to the cost incurred by the firm to create more demand for its product and increase the volume of sale. It includes expenditure on advertisement, hoardings, window display etc. |
Questions:
- Explain the concept of Market from Economic sense.
- Write the classification of Market.
- Write your own opinion about selling cost.
Chapter: [0.05] Forms of Market
Explain the types of price elasticity of demand.
Chapter: [0.032] Elasticity of Demand
Define or explain the following concept:
National income
Chapter: [0.07] National Income [2.02] National Income
Write any four practical difficulties in national income estimation.
Chapter: [0.07] National Income
State and explain the law of supply.
Chapter: [0.04] Supply Analysis [1.04] Analysis of Supply
Answer the following about 200 to 250 words
What are the assumptions law of supply?
Chapter: [0.04] Supply Analysis [1.04] Analysis of Supply
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