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Arts (English Medium) Class 12 - CBSE Important Questions

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Define an indifference curve.

Appears in 9 question papers
Chapter: [0.02] Consumer Equilibrium and Demand
Concept: Indifference Curve

Distinguish between final goods and intermediate goods. Give an example of each.

Appears in 9 question papers
Chapter: [0.02] National Income and Related Aggregates
Concept: Basic Concepts - Intermediate Goods

The measure of price elasticity of demand of a normal good carries minus sign while price elasticity of supply carries plus sign. Explain why?

Appears in 9 question papers
Chapter: [0.02] Consumer Equilibrium and Demand
Concept: Elasticity of Demand

Giving reason explain how should the following be treated in the estimation of national income:

Payment of corporate tax by a firm

Appears in 9 question papers
Chapter: [0.02] National Income and Related Aggregates
Concept: Concept of National Income

Explain the ‘unit of accounts’ function of money. How has it solved the related problem created by barter?

Appears in 9 question papers
Chapter: [0.03] Money and Banking
Concept: Functions of Money > Primary Function

Answer the following question.
Why are the firms said to be interdependent in an oligopoly market? Explain.

Appears in 9 question papers
Chapter: [0.04] Forms of Market and Price Determination
Concept: Features of Oligopoly

Explain the implications of the following in a perfectly competitive market:

Freedom of entry and exit to firms

Appears in 9 question papers
Chapter: [0.04] Forms of Market and Price Determination
Concept: Forms of Market

Define aggregate supply?

Appears in 9 question papers
Chapter: [0.04] Determination of Income and Employment
Concept: Concept of Aggregate Demand and Aggregate Supply

Distinguish between 'Dissolution of Partnership' and 'Dissolution of Partnership Firm on the basis of 'Economic Relationship'.

Appears in 8 question papers
Chapter: [0.015] Dissolution of Partnership Firm
Concept: Dissolution of Partnership Firm

Distinguish between 'Dissolution of Partnership' and 'Dissolution of Partnership Firm on the basis of 'Economic Relationship'.

Appears in 8 question papers
Chapter: [0.015] Dissolution of Partnership Firm
Concept: Dissolution of Partnership Firm

Give the meaning of forfeiture of shares

Appears in 8 question papers
Chapter: [0.021] Accounting for Share Capital
Concept: Accounting Treatment of Forfeiture and Re-issue of Share

Distinguish between 'Dissolution of Partnership' and 'Dissolution of Partnership Firm on the basis of 'Economic Relationship'.

Appears in 8 question papers
Chapter: [0.031] Accounting for Partnership Firms
Concept: Dissolution of Partnership Firm

Give the meaning of forfeiture of shares

Appears in 8 question papers
Chapter: [0.032] Accounting for Companies
Concept: Accounting Treatment of Forfeiture and Re-issue of Share

Write short notes on  Importance of financial planning

Appears in 8 question papers
Chapter: [0.021] Financial Management
Concept: Importance of Financial Planning

Explain the following function of marketing:

Marketing planning

Appears in 8 question papers
Chapter: [0.023] Marketing Management
Concept: Marketing Functions

Explain the following function of marketing:

Product designing and development 

Appears in 8 question papers
Chapter: [0.023] Marketing Management
Concept: Marketing Functions

Answer the following question:
Explain briefly any two points of importance of consumer protection from the point of view of the business.

Appears in 8 question papers
Chapter: [0.024] Consumer Protection
Concept: Concept of Consumer Protection

Given the meaning of market demand.

Appears in 8 question papers
Chapter: [0.02] Consumer Equilibrium and Demand
Concept: Market Demand

What is the behaviour of average fixed cost as output is increased? Why is it so?

Appears in 8 question papers
Chapter: [0.03] Producer Behaviour and Supply
Concept: Cost - Average Fixed Cost

What are demand deposits?

Appears in 8 question papers
Chapter: [0.03] Money and Banking
Concept: Currency Held by the Public and Net Demand Deposits Held by Commercial Banks
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