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

Write short note:

Giffen's paradox

Write short note:

Concept of demand

In India, national income is estimated using a ______.

Complete the correlation:

Output method : __________ :: Income method : Factor cost method

Explain the income method and expenditure method of measuring national income.

Explain the principles of taxation.

Complete the correlation:

Co-operative banks : Organized sector :: Indigenous bankers : ___________

Find the odd word out:

Unregulated Financial intermediates:

Assertion (A): The unorganized sector of the money market lacks transparency.

Reasoning (R): Activities of the unorganized sector are largely confined to rural areas.

Distinguish between Organized sector and Unorganized sector of the money market.

Give an economic term:

A commodity which can be put to several uses. 

Identify and explain the concept from the given illustration:

Sara makes a monthly contribution to a fund jointly created by her friends. The collected fund is then given to a chosen member through lucky draw.

Find the odd word

Unregulated non-bank financial intermediaries -

Explain any four types of demand.

Explain the structure of unorganized sector of money market in India

State with reason whether you agree or disagree with the following statement:

There is a direct relationship between price and quantity supplied.

Complete the correlation.

Direct demand : Food and Mobiles : ______ : Land and Labour.

Distinguish between:

Joint/complementary demand and competitive demand.

• Assertion (A): The unorganized sector of the money market Lacks transparency.
• Reasoning (R): Activities of the unorganized sector are Largely confined to rural areas.

Complete the correlation:

Co-operative banks : Organised Sector :: Indigenous bankers : ______