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

Find the odd word out:

Features of perfect competition:

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

The seller is a price taker in perfect competition.

Complete the correlation:

Intra marginal unit : MU > Price : : ______ : MU < Price.

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.

Homogeneous product is a feature of this market.

1. Monopoly
2. Monopolistic competition
3. Perfect competition
4. Oligopoly

Explain the concept of price elasticity of demand.

Homogeneous product is a feature of this market.

1. Monopoly
2. Monopolistic competition
3. Perfect competition
4. Oligopoly

Homogeneous product is a feature of this market.

1. Monopoly
2. Monopolistic competition
3. Perfect competition
4. Oligopoly

Identify the right group of pairs from the given options.

Homogeneous product is a feature of this market.

1. Monopoly
2. Monopolistic competition
3. Perfect competition
4. Oligopoly

Homogeneous product is a feature of this market. 

1. Monopoly
2. Monopolistic competition
3. Perfect competition
4. Oligopoly

Homogeneous product is a feature of this market.

1. Monopoly
2. Monopolistic competition
3. Perfect competition
4. Oligopoly

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

Reverse Repo Rate

Distinguish between Surplus budget and Deficit budget.

During the period of inflation surplus budget is advisable.

Define or explain the following concepts

Repo rate

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

Distinguish between the following.

Standard coins and Token coins.

State whether the following statement is true or false :

Token coins are such coins whose face value is greater than their intrinsic value.