HSC Commerce (English Medium)
HSC Science (General)
HSC Arts (English Medium)
HSC Science (Electronics)
HSC Science (Computer Science)
HSC Commerce: Marketing and Salesmanship
Academic Year: 2012-2013
Date: मार्च 2013
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(i) All questions are compulsory.
(ii) Draw tables/diagrams wherever necessary.
(iii) Figures to the right indicate full marks.
(iv) Write answer of every new question on a new page.
______ is the power of commodity to fulfill human wants.
utility
usefulness
productivity
unproductivity
Chapter:
Write whether the following statement is True or False:
Price theory is the base of micro economic analysis.
Chapter: [1.01] Introduction to Micro Economics
Write whether the following statement is True or False:
Demand curve has a positive slope.
Chapter: [1.03] Analysis of Demand and Elasticity of Demand [3.1] Demand Analysis
Write whether the following statement is True or False:
Demand for commodities depends upon various factors.
Chapter: [1.03] Analysis of Demand and Elasticity of Demand [3.1] Demand Analysis
Write whether the following statement is True or False:
Salt has elastic demand.
Chapter: [1.03] Analysis of Demand and Elasticity of Demand [3.1] Demand Analysis
Write whether the following statement is True or False:
Macro economic depends upon many assumptions.
Chapter:
average utility
marginal utility
place utility
total utility
Chapter:
more elastic demand
less elastic demand
zero elastic demand
unitary elastic demand
Chapter: [1.03] Analysis of Demand and Elasticity of Demand [3.1] Demand Analysis
increases
decreases
becomes equal
becomes zero
Chapter:
saving account
current account
recurring account
fixed deposit account.
Chapter:
balanced budget
surplus budget
deficit budget
annual budget
Chapter: [2.07] Public Economics [8] Public Finance in India
Match the following Group ‘A’ with Group ‘B’:
| Group ‘A’ | Group ‘B’ |
| (a) Electricity | (1) Joint demand |
| (b) Perfectly elastic demand | (2) Lord Keynes |
| (c) Aggregate supply | (3) Prof. Pigou |
| (d) Propensity to consume | (4) Fixed deposits |
| (e) Higher interest rate | (5) Composite demand |
| (6) Demand curve parallel to ‘X’ axis | |
| (7) Natural resources |
Chapter: [1.03] Analysis of Demand and Elasticity of Demand [3.1] Demand Analysis
Define the concept of demand schedule.
Chapter: [1.03] Analysis of Demand and Elasticity of Demand [3.1] Demand Analysis
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Define or explain the following concept:
National income
Chapter:
Define or explain the concept Average propensity to save .
Chapter:
Define or explain the concept of Lender of the last resort .
Chapter: [2.06] Central Bank
Define or explain the concept of deficit budget.
Chapter:
State whether the following statement isTrue or False with reason:
The concept of elasticity of demand is useful in economic theory.
Chapter: [1.03] Analysis of Demand and Elasticity of Demand [3.2] Elasticity of Demand
State whether the following statement is True or False with reason:
Perfect competition means pure competition.
Chapter:
State whether the following statement is True or False with reason:
Macro economics studies whole economy.
Chapter:
State whether the following statement is True or False with reason:
The government budget is for uncertain time period.
Chapter:
State whether the following statement is True or False with reason:
Autonomous consumption expenditure cannot be zero.
Chapter: [2.07] Public Economics
State whether the following statement is True or False with reason:
Commercial Banks cannot give interest on deposits.
Chapter:
State whether the following statement is True or False with reason:
Central Bank works for profit.
Chapter: [2.06] Central Bank
State whether the following statement is True or False with reason:
Macro economics studies single unit.
Chapter:
Distinguish between the following.
Micro Economics and Macro Economics.
Chapter:
Distinguish between :
Individual demand schedule and Market demand schedule.
Chapter: [1.03] Analysis of Demand and Elasticity of Demand [3.1] Demand Analysis
Distinguish between :
Percentage method of counting elasticity of demand and Geometric method of counting elasticity of demand.
Chapter:
Distinguish between Individual supply and Market supply.
Chapter:
Distinguish between :
Output method and Expenditure method.
Chapter:
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Distinguish between :
Propensity to consume and Propensity to save.
Chapter:
Distinguish between :
Current deposits and Fixed deposits.
Chapter:
Distinguish between Surplus budget and Deficit budget.
Chapter: [2.07] Public Economics [8] Public Finance in India
Write answer in 'one' or 'two' paragraph :
Write the functions of an entrepreneur.
Chapter:
Write any four practical difficulties in national income estimation.
Chapter: [7] National Income
Write answer in 'one' or 'two' paragraph .
Explain the primary functions of money.
Chapter: [2.04] Money
Chapter: [2.04] Money
Write explanatory note.
Government expenditure.
Chapter: [1.02] Consumers Behavior
Write explanatory note.
Primary functions of commercial bank.
Chapter:
Write explanatory note.
Components of Government budget.
Chapter: [2.07] Public Economics
Answer with reason, whether you agree or disagree with the following statement.
The law of diminishing marginal utility depends upon assumptions.
Chapter:
Macro economics is different from micro economics.
Agree
Disagree
Chapter:
Answer with reason, whether you agree or disagree with the following statement.
The Central bank has control over credit creation.
Chapter:
Explain the law of demand with its assumptions.
Chapter: [1.03] Analysis of Demand and Elasticity of Demand [3.1] Demand Analysis
State and explain the law of supply with exceptions.
Chapter: [1.04] Analysis of Supply [4] Supply Analysis
Explain the meaning of Monopoly with its features.
Chapter:
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