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

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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

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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

During the period of inflation surplus budget is advisable.

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

Define or explain the following concepts

Repo rate

[2.06] Central Bank
Chapter: [2.06] Central Bank
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

State whether the following statement is True or False :

Budget is a monthly statement - False.

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

Write short answer for the following question:

What are the Typing of Budget.

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

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

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

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

Define or explain the following concept.

Token coins.

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

Give reason or explain the following statement:

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

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

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

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

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

Write short Answer for the following question:

Explain the components of government budget ?

[2.07] Public Economics
Chapter: [2.07] Public Economics
Concept: undefined >> undefined
Budget where total revenue equals to total expenditure is called ______.
[2.07] Public Economics
Chapter: [2.07] Public Economics
Concept: undefined >> undefined

Write short notes (Any Two)

Revenue Receipts

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

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

 The expenditure is more than income in balanced budget. 

[2.07] Public Economics
Chapter: [2.07] Public Economics
Concept: undefined >> undefined
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Maharashtra State Board HSC Arts (English Medium) इयत्ता १२ वी Question Bank Solutions
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