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

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Assertion (A) : A change in quantity demanded of one commodity due to a change in the price of other commodity is cross elasticity.

Reasoning (R) : Changes in consumers income leads to a change in the quantity demanded.

[1.03] Analysis of Demand and Elasticity of Demand
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: undefined >> undefined

Homogeneous product is a feature of this market.

  1. Monopoly
  2. Monopolistic competition
  3. Perfect competition
  4. Oligopoly
[5] Forms of Market
Chapter: [5] Forms of Market
Concept: undefined >> undefined

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Explain the concept of price elasticity of demand.

[1.03] Analysis of Demand and Elasticity of Demand
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: undefined >> undefined

Homogeneous product is a feature of this market.

  1. Monopoly
  2. Monopolistic competition
  3. Perfect competition
  4. Oligopoly
[5] Forms of Market
Chapter: [5] Forms of Market
Concept: undefined >> undefined

Homogeneous product is a feature of this market.

  1. Monopoly
  2. Monopolistic competition
  3. Perfect competition
  4. Oligopoly
[5] Forms of Market
Chapter: [5] Forms of Market
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
[8] Public Finance in India
Chapter: [8] Public Finance in India
Concept: undefined >> undefined

Homogeneous product is a feature of this market. 

  1. Monopoly
  2. Monopolistic competition
  3. Perfect competition
  4. Oligopoly
[5] Forms of Market
Chapter: [5] Forms of Market
Concept: undefined >> undefined

Homogeneous product is a feature of this market.

  1. Monopoly
  2. Monopolistic competition
  3. Perfect competition
  4. Oligopoly
[5] Forms of Market
Chapter: [5] Forms of Market
Concept: undefined >> undefined

In the case of token coins, intrinsic value is less than their face value.

[2.04] Money
Chapter: [2.04] Money
Concept: undefined >> undefined

Reverse Repo Rate

[2.06] Central Bank
Chapter: [2.06] Central Bank
Concept: undefined >> undefined

Distinguish between Surplus budget and Deficit budget.

[2.07] Public Economics
Chapter: [2.07] Public Economics
Concept: undefined >> undefined

Explain the law of demand with its assumptions.

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

During the period of inflation surplus budget is advisable.

[2.07] Public Economics
Chapter: [2.07] Public Economics
Concept: undefined >> undefined

State and explain the ‘law of demand’ with its exceptions.

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

When does ‘increase’ in demand take place?

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

Define or explain the following concepts

Repo rate

[2.06] Central Bank
Chapter: [2.06] Central Bank
Concept: undefined >> undefined
The slope of demand curve is ___________ in the case of relatively inelastic demand.
[flatter/ steeper/ horizontal / vertical]
[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

D-mat account is useful to investors who deal in shares.

[2.04] Money
Chapter: [2.04] Money
Concept: undefined >> undefined

Distinguish between the following.

Standard coins and Token coins.

[2.04] Money
Chapter: [2.04] Money
Concept: undefined >> undefined

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

Market demand is a total demand of...............buyers.

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined
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