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: 2014-2015
Date & Time: 2nd March 2015, 11:00 am
Duration: 3h
Advertisements
The terms ‘micro’ and ‘macro’ economics were first used by ............................
(Marshall \ Ragnar Frisch \ Robbins \ Adam Smith)
Chapter: [0.01] Introduction to Micro and Macro Economics [1.01] Introduction to Micro Economics
The objective of a seller in monopoly market is...............................
(loss \ profit \ negative profit \ zero profit)
Chapter: [0.05] Forms of Market [1.05] Types of Market and Price Determination Under Perfect Competition
Marginal propensity to consume + marginal propensity to save ......................... '
(zero \ one \ less \ more)
Chapter: [1.02] Consumers Behavior
Method of withdrawing money without going to the bank is by ...................................
(cheque \ demand draft \ ATM \ mail transfer)
Chapter: [2.04] Money
The term 'budget' is derived from the ......................... word 'bougette'.
(Greek / German / French / Latin)
Chapter: [2.07] Public Economics
| Group 'A' | Group 'B' | ||
| a. | Pen and ink | 1 | Quantity-price |
| b. | Revenue | 2 | Accident |
| c. | Insurable risk | 3 | Transfer income |
| d. | Unemployment allowance | 4 | Short period |
| e. | Reverse repo rate | 5 | Long period |
| 6 | Change in demand | ||
| 7 | Joint demand | ||
| 8 | Quantity * price |
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Demand for perishable goods is inelastic.
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Total cost is the total expenditure incurred by a firm.
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
The seller is a price maker in the perfect competition.
Chapter: [0.05] Forms of Market [1.05] Types of Market and Price Determination Under Perfect Competition
A bank is an institution which deals in money and credit.
Chapter: [2.04] Money
The RBI was nationalised in the year 1935.
True
False
Chapter: [2.06] Central Bank
Resource allocation
Chapter: [0.05] Forms of Market [1.05] Types of Market and Price Determination Under Perfect Competition
Elasticity of supply
Chapter: [0.04] Supply Analysis [1.04] Analysis of Supply
Meaning and Definition of Market?
Chapter: [0.05] Forms of Market [1.05] Types of Market and Price Determination Under Perfect Competition
Advertisements
Meaning and Definition of Macroeconomics
Chapter: [0.01] Introduction to Micro and Macro Economics [2.01] Introduction to Macro Economics
Meaning and Definition of Central bank?
Chapter: [2.06] Central Bank
Give reason or explain the following statement.
Micro economics studies individual economic unit.
Chapter: [0.01] Introduction to Micro and Macro Economics [1.01] Introduction to Micro Economics
Change in the price of substitute goods affects the demand for another goods.
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
In order to avoid double counting, value added approach is used.
Chapter: [0.07] National Income [2.02] National Income
Effective demand is also called macro economic equilibrium.
Chapter: [0.01] Introduction to Micro and Macro Economics [2.01] Introduction to Macro Economics
The Central bank may take direct action against the defaulting commercial banks.
Chapter: [2.06] Central Bank
Unpaid services are not included in national income.
Chapter: [0.07] National Income [2.02] National Income
Explain Place utility and Time utility?
Chapter: [0.02] Utility Analysis [1.02] Consumers Behavior
Demand curve and Supply curve.
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Individual supply and Market supply.
Chapter: [0.04] Supply Analysis [1.04] Analysis of Supply
Slicing method and Lumping method.
Chapter: [1.01] Introduction to Micro Economics
Convertible paper money and Inconvertible paper money.
Chapter: [2.04] Money
Distinguish between the following.
Revenue expenditure and Capital expenditure.
Chapter: [2.01] Introduction to Macro Economics
Microscopic study
Chapter: [0.01] Introduction to Micro and Macro Economics [1.01] Introduction to Micro Economics
Advertisements
Income elasticity of demand.
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Determination of equilibrium price under perfect competition.
Chapter: [1.05] Types of Market and Price Determination Under Perfect Competition
Functions of an Entrepreneur.
Chapter: [1.06] Factors of Production
Explain the law of diminishing marginal utility.
Chapter: [0.02] Utility Analysis [1.02] Consumers Behavior
Explain the features of monopoly.
Chapter: [0.05] Forms of Market [1.05] Types of Market and Price Determination Under Perfect Competition
Explain the concept of Macro economics and its features.
Chapter: [0.01] Introduction to Micro and Macro Economics
Explain various types of investment expenditure.
Chapter: [0.07] National Income [2.02] National Income
Answer the following question.
Explain the secondary functions of money.
Chapter: [2.04] Money
Explain different types of loans and advances provided by commercial banks.
Chapter: [2.05] Commercial Bank
The law of equi-marginal utility is based on certain assumptions.
Chapter: [1.02] Consumers Behavior
Population is the only determinant factor of demand.
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
There are no exceptions to the law of supply.
Agree
Disagree
Chapter: [0.04] Supply Analysis
Providing safe deposit vault facility is the only general function of commercial banks.
Chapter: [2.05] Commercial Bank
There is no difference between the Central bank and a commercial bank.
Chapter: [2.06] Central Bank
During the period of inflation surplus budget is advisable.
Chapter: [0.08] Public Finance in India [2.07] Public Economics
Explain in detail ‘saving function’ with schedule and diagram.
Chapter: [0.07] National Income [2.02] National Income
What is the elasticity of demand?
Chapter: [0.032] Elasticity of Demand [1.03] Analysis of Demand and Elasticity of Demand
Explain the factors determining the elasticity of demand.
Chapter: [0.032] Elasticity of Demand [1.03] Analysis of Demand and Elasticity of Demand
What is ‘National Income’?
Chapter: [0.07] National Income [2.02] National Income
Explain the theoretical difficulties involved in the measurement of national income.
Chapter: [0.07] National Income
State and explain the ‘law of demand’ with its exceptions.
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
Submit Question Paper
Help us maintain new question papers on Shaalaa.com, so we can continue to help studentsonly jpg, png and pdf files
Maharashtra State Board previous year question papers 12th Standard Board Exam Economics with solutions 2014 - 2015
Previous year Question paper for Maharashtra State Board 12th Standard Board Exam Eco-2015 is solved by experts. Solved question papers gives you the chance to check yourself after your mock test.
By referring the question paper Solutions for Economics, you can scale your preparation level and work on your weak areas. It will also help the candidates in developing the time-management skills. Practice makes perfect, and there is no better way to practice than to attempt previous year question paper solutions of Maharashtra State Board 12th Standard Board Exam.
How Maharashtra State Board 12th Standard Board Exam Question Paper solutions Help Students ?
• Question paper solutions for Economics will helps students to prepare for exam.
• Question paper with answer will boost students confidence in exam time and also give you an idea About the important questions and topics to be prepared for the board exam.
• For finding solution of question papers no need to refer so multiple sources like textbook or guides.
