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: 2024-2025
Date & Time: 1st March 2025, 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.
Give an economic term:
A desire which is backed by willingness to purchase and ability to pay.
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 an economic term:
Wear and tear of capital assets due to their use in the process of production.
Chapter: [0.07] National Income
Give an economic term:
Elasticity resulting from a proportionate change in quantity demanded due to a proportionate change in price.
Chapter: [0.032] Elasticity of Demand [1.03] Analysis of Demand and Elasticity of Demand
Give an economic term:
The difference between the value of a country's exports and imports for a given period.
Chapter:
Complete the correlation:
Internal Trade : Home Trade :: International Trade : ______
Chapter:
Complete the Correlation:
Single price : Perfect competition :: Discriminated prices : ______
Chapter: [0.05] Forms of Market
Complete the correlation:
______ : Central bank :: SBI : Commercial Bank
Chapter: [0.09] Money Market and Capital Market in India
Complete the correlation:
Output method : __________ :: Income method : Factor cost method
Chapter: [0.07] National Income
Complete the correlation:
The period of Inflation : Surplus Budget :: The Period of Depression : ______
Chapter:
Find the odd word:
Durable Goods:
Furniture
Cupboard
Washing Machine
Fish
Chapter:
Find the odd word:
Cost concepts:
Total cost
Average cost
Marginal cost
Selling cost
Chapter:
Find the odd word out:
Legal monopoly:
Patent
OPEC
Copyright
Trademark
Chapter: [0.05] Forms of Market
Find the odd word:
Theory of Economic Welfare:
Theory of Income and Employment
Efficiency in production
Efficiency in Consumption
Overall Economic Efficiency
Chapter:
Find the odd word:
Exceptions to the Law of Demand:
Giffen’s paradox
Prestige goods
Price illusion
Supply of labour
Chapter:
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The terms of Micro Economics and Macro Economics were coined by Norwegian Economist ______.
Adam Smith
J.M. Keynes
J.B. Say
Ragnar Frisch
Chapter:
When the supply curve is upward-sloping, its slope is ______.
Positive
Negative
First positive then negative
Zero
Chapter: [0.04] Supply Analysis
The Price Index number is used ______.
to measure the general changes in the prices of goods.
as a geographical tool.
to measure the air pressure.
in measurement of goods.
Chapter:
Development financial institutions were established to ______.
provide short term funds.
develop industry, agriculture and other key sectors.
regulate the money market.
regulate the capital market.
Chapter: [0.09] Money Market and Capital Market in India
Obligatory functions of the government are ______.
Provision of education and health services.
Provision of pensions.
Maintaining internal law and order.
Provision of welfare measures.
Chapter:
Identify and explain the following concept:
Abhijeet sold 15 chairs for ₹ 3000, for each chair he earned ₹ 200.
Chapter:
Identify and explain the following concept:
Rajaram produced 25 quintals of wheat in his field; from it, he kept aside 2 quintals of wheat for his own family use.
Chapter:
Identify and explain the following concept:
Rani collected the data of India's National Income for the purpose of study.
Chapter:
Identify and explain the following concept:
Amar demanded milk, sugar and tea powder jointly to satisfy his want of the tea.
Chapter:
Identify and explain the following concept:
Sunita madam satisfied her want to write on the blackboard by using chalk.
Chapter:
Distinguish between the following.
Micro Economics and Macro Economics.
Chapter: [2.01] Introduction to Macro Economics
Distinguish between perfectly elastic demand and perfectly inelastic demand.
Chapter: [0.032] Elasticity of Demand
Distinguish between quantity index number and value index number.
Chapter:
Distinguish between internal debt and external debt.
Chapter: [0.08] Public Finance in India
Distinguish between expansion of supply and increase in supply.
Chapter:
Explain the features of microeconomics.
Chapter: [0.01] Introduction to Micro and Macro Economics [1.01] Introduction to Micro Economics
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Explain the functions of a commercial bank.
Chapter: [2.05] Commercial Bank
Explain the classification of market on the basis of time.
Chapter:
Calculate the price index number from the given data:
| Commodity | A | B | C | D |
| Price in 2005 (₹) | 6 | 16 | 24 | 4 |
| Price in 2010 (₹) | 8 | 18 | 28 | 6 |
Chapter: [0.06] Index Numbers
State with reasons whether you ‘agree’ or ‘disagree’ with the following statement.
Demand curve slopes downward from left to right.
Agree
Disagree
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
State with reason whether you agree or disagree with the following statement:
Index numbers are free from limitations.
Agree
Disagree
Chapter: [0.06] Index Numbers
State with reasons whether you agree or disagree with the following statement:
Elasticity of demand depends upon several factors.
Agree
Disagree
Chapter:
State with reason whether you agree or disagree with the following statement:
There are some exceptions to the law of supply.
Agree
Disagree
Chapter:
State with reasons whether you agree or disagree with the following statement.
The capital market plays an important role in India.
Agree
Disagree
Chapter: [0.09] Money Market and Capital Market in India
Observe the given table and answer the questions:
| Quantity demanded | ||||
| Price Per Kg in ₹ |
Consumer A |
Consumer B |
Consumer C |
Market Demand (in Kg) (A + B + C) |
| 35 | 5 | 10 | 15 | ______ |
| 30 | 10 | 15 | 20 | ______ |
| 25 | 15 | 20 | 25 | ______ |
| 20 | 20 | 25 | 30 | ______ |
- Complete market demand schedule.
- Draw market demand curve based on above market demand schedule.
Chapter:
Observe the following diagram of the non-linear demand curve and answer the questions given below.
- If EB = EA (Ed = 1) = ______
- If EB > EA (Ed > 1) = ______
- If EB < EA (Ed < 1) = ______
- The ‘x’ axis represents ______ of commodity and ‘y’ axis represents ______ of commodity.
Chapter:
Study the following passage and answer the questions given below it:
|
Regulated market is wholesale market where buying and selling are regulated and controlled by the state government through the market committee. Regulated markets aim at the elimination of unhealthy and unscrupulous practices regarding charges and providing facilities to producers and sellers in the market. The poor standards of primary and secondary markets in the agricultural market are cash transactions, short weights, excessive market charges, unauthorized deductions, and the absence of machinery to settle disputes between sellers and buyers. These defects and malpractices can be recovered by the establishment of a regulated market. According to the Bombay Agricultural Product Market Act-1939, this market is controlled. In this market, mainly the trade of cereals, fruits, tobacco, cotton, groundnut, coconut, betel nut, potatoes and turmeric, etc. is controlled. |
- Which act regulates the market? (1)
- What are the poor standards in primary and secondary markets? (1)
- Give your opinion with reference to the above passage. (2)
Chapter:
State and explain the assumptions of the law of diminishing marginal utility.
Chapter: [0.02] Utility Analysis
Explain any four features of national income.
Chapter: [0.07] National Income
Explain various reasons for the growth of public expenditure.
Chapter: [0.08] Public Finance in India
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