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

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Explain, with reasons, whether you Agree or Disagree with the following statements

Good money has many qualities.

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

Match the following :

 

Group 'A' Group 'B'
(a) Demand and price (1) wages
(b) Perfectly elastic supply (2) Vertical supply curve
(c) Land (3) Transfer income
(d) Unemployment allowance (4) Horizontal supply curve
(e) Reserve Bank of India (5) Inverse relation
  (6) Rent
  (7) 1935
  (8) Direct relation
[1.03] Analysis of Demand and Elasticity of Demand
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: undefined >> undefined

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State whether the following statement is  true or false :

Concept of ‘elasticity of demand’ is useful for the finance minister.

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

Explain, with reason,whether you Agree or Disagree with the following statement :

General acceptability is the only quality of good money.

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

Write Short note on the following.
Ratio method of measuring 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

Fill in the blanks using proper alternatives given in the bracket. 

When Government revenue exceeds government expenditure. It is known as a _______________ budget. 

[1.01] Introduction to Micro Economics
Chapter: [1.01] Introduction to Micro Economics
Concept: undefined >> undefined
State with reason whether you agree or disagree with the following statements. (any Three) 
Vrious factors influence 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

Choose the correct answer :                

 Perfectly elastic demand curve is _________. 

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

Choose the correct answer :                  

Demand of labour is _______ 

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

 Choose the correct answer :  

 Demand of electricity for domestic purpose is _________. 

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

State whether the following statements are TRUE or FALSE : 

 The demand of foodgrains is inelastic.  

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

The account in which the specific amount is deposited per month regularly is known as ______.

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

Match the following:
 

Group A
Group B
1. Cars and petrol
a. Elastic demand
2. Point method
b. Complementary
3. Necessary goods
c. Geometric method
 
d. Inelastic demand
[1.03] Analysis of Demand and Elasticity of Demand
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: undefined >> undefined

State whether the following statement is true or false.

Money facilitates estimation of national income. 

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

Symbolically, the functional relationship between Demand and Price can be expressed as ______.

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

A rightward shift in the supply curve shows _______.

[4] Supply Analysis
Chapter: [4] Supply Analysis
Concept: undefined >> undefined

Find the odd word

Assumptions to law of demand -

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

The Law of Demand was introduced by ______.

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

Government borrows from its citizens, banks, central bank etc. is known as ______.

[8] Public Finance in India
Chapter: [8] Public Finance in India
Concept: undefined >> undefined

Assertion (A): Raising debt is the most common activity of any government.

Reasoning (R): Government expenditure generally exceeds government revenue.

[8] Public Finance in India
Chapter: [8] Public Finance in India
Concept: undefined >> undefined
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