HSC Arts (English Medium) १२ वीं कक्षा - Maharashtra State Board Question Bank Solutions

Give an economic term:

Amount to be paid by the concerned person in case of violation of law.

Complete the Correlation :

Expansion of supply: Price rises:: Contraction of supply: _______

Complete the Correlation:

Expansion of supply : Price rises :: Contraction of supply : ______

Complete the Correlation:

Expansion of supply : Price rises :: Contraction of supply : ______.

State with reasons whether you agree or disagree with the following statement.

There are many sources of non-tax revenue.

Complete the Correlation:

Expansion of supply : Price rises : : Contraction of supply : ______.

Complete the Correlation:

Expansion of supply: Price rises :: Contraction of supply : ______.

Complete the Correlation:

Expansion of supply : Price rises :: Contraction of supply : ______ 

Complete the Correlation.

Expansion of supply : Price rises :: Contraction of supply : ______

A rightward shift in the supply curve shows ______.

Complete the Correlation.

Expansion of supply : Price rises :: Contraction of supply : ______

Complete the correlation:

Expansion of supply : Price rises :: Contraction of supply : ______.

Give reasons or explain the following 

Old age pension is transfer income.

Give reasons or Explain the following statements

Microeconomics is useful to the government.

Explain, with reasons, whether you Agree or Disagree with the following statements

Good money has many qualities.

Explain, with reason,whether you Agree or Disagree with the following statement :

General acceptability is the only quality of good money.

Write Short note on the following.
Ratio method of measuring price elasticity of demand ?

Fill in the blanks using proper alternatives given in the bracket. 

When Government revenue exceeds government expenditure. It is known as a _______________ budget. 

Define or explain the following concepts (Any THREE): 

Stock