HSC Arts (English Medium) इयत्ता १२ वी - Maharashtra State Board Question Bank Solutions

Complete the correlation:

Money market : Short term funds :: ______ Long term funds.

Complete the correlation.

Money market : Short term funds :: ______ : Long term funds

Distinguish between Surplus budget and Deficit budget.

During the period of inflation surplus budget is advisable.

Write short notes Significance of price elasticity of demand.

State whether the following statement is True or False :

Budget is a monthly statement - False.

Write short answer for the following question:

What are the Typing of Budget.

Fill in the blank with proper alternatives given in the bracket:

Budget is the _________________ of the revenue and expenditure of the coming year. 

Give reason or explain the following statement:

A dieficit budget nay prove useful during the period of depression.

Explain with reason, whether you agree or disagree with the following statement:

Price elasticity of demand can not be measured by using geometric method.

Fill in the blank using proper alternatives given in the bracket:

During depression .............. budget is preferable.

Write short Answer for the following question:

Explain the components of government budget ?

Define or explain the following concepts (Any THREE): 

Cross elasticity of demand 

Write short notes (Any Two)

Revenue Receipts

Answer the following Questions. [Any Three] 

Explain the  imprtance of elasticity of demand.

 State whether the following statements are True or False with reasons: 

 The expenditure is more than income in balanced budget. 

Give reasons or explain the following statements (Any Four): 

The demand curve is sloping down from left to right. 

Give reasons or explain the following statement: 

 For the period of inflation surplus budget is prepared. 

Write the answers in ‘one’ or ‘two’ paras each: 

Explain the types of Government budget.