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Complete the correlation:
Inflation: Surplus budget : : ______ : Deficit budget
Concept: undefined >> undefined
Study the following table and answer the questions:
| Components | Crores (₹) |
| Consumption expenditure (C) | 1000 |
| Investment expenditure (I) | 1200 |
| Government expenditure (G) | 500 |
| Net exports (X - M) | `square` |
| Gross Domestic Product | 2500 |
| Depreciation (D) | `square` |
| Net Domestic Product | 2350 |
Questions:
- Calculate the value of net exports on the basis of the above table.
- Calculate the value of depreciation on the basis of the above table.
Concept: undefined >> undefined
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Study the following diagram and answer the questions:
Questions:
- Prepare a hypothetical schedule for market demand and supply for the given market.
- State the equilibrium price and corresponding market demand and market supply for the given market.
Concept: undefined >> undefined
State with reasons whether you agree or disagree with the following statement:
It is not essential to decide the purpose of an index number while constructing it.
Concept: undefined >> undefined
Explain why the demand curve slopes downwards.
Concept: undefined >> undefined
Explain the steps in constructing a price index number.
Concept: undefined >> undefined
- Assertion (A): The demand curve slopes downwards.
- Reasoning (R): A fall in the price of goods increases the real income of the consumer enabling him/her to buy more.
Concept: undefined >> undefined
Find the odd word out:
Development financial institutions:
Concept: undefined >> undefined
Find the odd word out:
Types of budget:
Concept: undefined >> undefined
Complete the correlation:
C : Consumption Expenditure : : ______ : Net Exports.
Concept: undefined >> undefined
Distinguish between:
Net National Product and Net Domestic Product
Concept: undefined >> undefined
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.
Concept: undefined >> undefined
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?
Concept: undefined >> undefined
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 |
Concept: undefined >> undefined
Find the odd word out:
Types of budget:
Concept: undefined >> undefined
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.
Concept: undefined >> undefined
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 |
Concept: undefined >> undefined
Central Bank is a banker to the government.
Concept: undefined >> undefined
Explain with reasons, whether you agree or disagree with the following statement
Commercial banks can not create credit money.
Concept: undefined >> undefined
Concept: undefined >> undefined
