Please select a subject first
Advertisements
Advertisements
A market for a product is in equilibrium. Demand for the product "decreases." Explain the chain of effects of this change till the market again reaches equilibrium. Use diagram
Concept: Market Equilibrium
Is the following revenue expenditure or capital expenditure in the context of government budget? Give reason.
Expenditure on purchasing computers
Concept: Classification of Expenditure
What is imperfect oligopoly?
Concept: Market Forms - Imperfect Oligopoly
Giving reason, state whether the following is a revenue expenditure or a capital expenditure in a government budget:
Expenditure on scholarships
Concept: Classification of Expenditure
The government has started spending more on providing free services like education and health to the poor. Explain the economic value it reflects.
Concept: Classification of Expenditure
Define price floor. Explain the implications of price floor.
Concept: Price Floor
What are two alternative ways of determining equilibrium level of income? How are these related?
Concept: Determination of Market Equilibrium
Explain the major components of government budget.
Concept: Types of Budget
In order to tackle the problem of rising general price in an economy, government may come up with a surplus budget to achieve the budget objective of ______.
- reallocation of resources
- price stability
- redistribution of income
Concept: Objectives of Government Budget
Assertion (A): The Balance of payments is in surplus, if autonomous receipts are greater than autonomous payments.
Reason (R): Autonomous transactions are determined by the difference in the Balance of Payments.
Concept: Concept of Balance of Payments >> Balance of Payments Surplus and Deficit
As per the Reserve Bank of India (RBI) press report, dated 22nd June, 2022:
"Net Foreign Portfolio Investment (FPI) recorded an outflow of US $15.2 billion mainly from the equity market."
The above transaction will be recorded in the ______ account on ______ side of Balance of payments account of India.
Concept: Concept of Balance of Payments >> Capital Account
'Deficit' in Balance of payment (BOP) refers to the excess of ______.
Concept: Concept of Balance of Payments >> Balance of Payments Surplus and Deficit
Suppose, the price of one UK Pound (£) has increased from ₹ 70 to ₹ 80, owing to market forces.
This means that value of Indian Currency (₹) has ______.
Concept: Determination of the Exchange Rate
Suppose, Country X, has more inflation than Country Y. Which of the following is most likely situation to happen in such a case, assuming other factors being constant?
Concept: Concept of Balance of Payments >> Balance of Payments Surplus and Deficit
Read the given extract and answer the questions.
| The clerk figured the fare – he glanced at my fancy hat band, but he figured the fare – and I had enough for two coach tickets, one way. But when I counted out the money and looked up, the clerk was staring at me. He nodded at the bills. ‘‘That ain’t money, mister,’’ he said, ‘‘and if you’re trying to skin me, you won’t get very far,’’ and he glanced at the cash drawer beside him. Of course the money was old-style bills, half again as big as the money we use nowadays, and different-looking. |
- Why did Charley ask for two tickets? (1)
- Complete the sentence by choosing the correct option: (1)
When Charley offered money to the booking clerk, the latter stared at Charley because the booking clerk ______.
- thought it wasn't money
- did not trust Charley
- thought Charley was trying to tease him
- thought that Charley had given him less money
- Select the option that best describes Charley in this extract. (1)
He is ______.- a cheat
- gullible
- an opportunist
- an escapist
- 'If you're trying to skin me' suggests ______. (1)
Concept: The Third Level
Answer the following question in about 40-50 words.
When do the residents of Alsace realise how precious their language is to them?
Concept: The Last Lesson
Answer the following question in about 40-50 words.
What were Franz's feelings as he set out for school and why?
Concept: The Last Lesson
Read the given extract and answer the questions.
| And in dark hutments, next to lines of flames of flickering oil lamps, sit boys and girls with their fathers and mothers, welding pieces of coloured glass into circles of bangles. Their eyes are more adjusted to the dark than to the light outside. That is why they often end up losing their eyesight before they become adults. |
- Complete the sentence with reference to the extract: (1)
Their eyes are more adjusted to the dark than to the light outside because ______. - Which of the following would NOT be true? (1)
- The hutments were shining and inviting.
- The children's lives were as bleak as their surroundings.
- There were no electricity connections.
- The boys and girls had got used to the dark.
- The bangle workers lose their eyesight before they become adults because ______. (1)
- they already have poor eyesight
- they work in dim light
- they are married in childhood
- they are malnourished
- Which of the following most nearly means 'adjusted' in the context of the extract? (1)
- conditioned
- favoured
- accepted
- reconciled
- 'Flickering oil lamps' suggests ______. (1)
- What is the antonym from the extract of the word 'rarely'? (1)
Concept: Lost Spring
Answer the following in about 120-150 words.
'Lost Spring' and 'Indigo' bring out how the common man is a victim of exploitation. Explain.
Concept: Lost Spring
Answer the following question in about 40-50 words.
What vicious circle are the bangle-makers trapped in?
Concept: Lost Spring
