Please select a subject first
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Distinguish between:
Net National Product and Net Domestic Product
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Study the following table and answer the questions:
| Price of Ice Cream (₹) | Quantity Supplied | Market Supply | ||
| Seller A | Seller B | Seller C | (A + B + C) | |
| 50 | 0 | 2 | 5 | 7 |
| 100 | 1 | `square` | 10 | 15 |
| 150 | `square` | 6 | 15 | 23 |
| 200 | 3 | 8 | 20 | `square` |
| 250 | 4 | 10 | `square` | 39 |
Questions:
- Complete the above table.
- State whether the following statements are True or False.
(a) Market supply has a direct relation to price.
(b) As the price rises from ₹50 to ₹250, market supply rises from 7 to 39. This indicates an increase in supply.
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Study the following diagram and answer the questions:
Questions:
- In which direction does the demand curve slope?
- What is the reason for the fall in demand of rice from Q0 to Q1?
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Identify the right group of pairs from the given options.
| Column I | Column II |
| i) Direct tax | a) Non-tax revenue |
| ii) Indirect tax | b) Inflation |
| iii) Fees and Fines | c) GST |
| iv) Surplus budget | d) Personal income tax |
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Find the odd word out:
Types of budget:
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State with reasons whether you agree or disagree with the following statement.
Over the last 75 years, India’s foreign trade has undergone a complete change in terms of composition and direction.
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identify the right group of pairs from the given options.
| i) Direct tax | a) Non-tax revenue |
| ii) Indirect tax | b) Inflation |
| iii) Fees and Fines | c) GST |
| iv) Surplus budget | d) Personal income tax |
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Central Bank is a banker to the government.
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Explain with reasons, whether you agree or disagree with the following statement
Commercial banks can not create credit money.
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Explain, with reasons, whether you Agree or Disagree with the following statements
Central Bank does not work as a banker to the government
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Distinguish between the following.
Direct tax and Indirect tax.
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State whether the following statement is True or False with reason:
Autonomous consumption expenditure cannot be zero.
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Do you agree with the following statements? Give reasons.
Central bank works as Government’s bank.
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State Whether the following statements are TRUE or FALSE:
Due to Government expenditure demand increases.
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Give reasons or explain the following statement:
It is more appropriate to tax the rich in excess than the poor.
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Fill in the blank with appropriate alternatives given below
__________ is an example of direct tax.
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State whether the following statement is true or false.
Indirect taxes are paid directly by people to the government.
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Give reason of Explain the statement
Income collected from tax is a main source of government revenue.
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Distinguish between:
Direct tax and indirect tax
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