HSC Commerce (English Medium)
HSC Science (General)
HSC Arts (English Medium)
HSC Science (Electronics)
HSC Science (Computer Science)
HSC Commerce: Marketing and Salesmanship
Academic Year: 2022-2023
Date & Time: 3rd August 2023, 11:00 am
Duration: 3h
Advertisements
Note:
- All questions are compulsory.
- Draw neat tables/diagrams wherever necessary.
- Figures to the right indicate full marks.
- Write answers to all main questions on new pages.
The branch of economics that deals with the allocation of resources is known as ______.
Microeconomics
Macroeconomics
Econometrics
Agricultural economics
Chapter:
Net addition made to the total revenue by selling an extra unit of a commodity is ______.
total revenue
marginal revenue
average revenue
marginal cost
Chapter:
Symbolically, the functional relationship between Demand and Price can be expressed as ______.
Dx = f(Px)
Dx = f(Pz)
Dx = f(y)
Dx = f(T)
Dx = f(Tx)
Chapter: [3.1] Demand Analysis
In India, National Income Committee establishment year is ______.
1952
1949
1947
1950
Chapter:
MU of the commodity becomes negative when TU of a commodity is ______.
rising
constant
falling
zero
Chapter: [2] Utility Analysis
Find the odd word.
Types of elasticity of demand
Unitary elasticity
Income elasticity
Cross elasticity
Price elasticity
Chapter:
Find the odd word out:
Factors of production
Profit
Labour
Capital
Entrepreneur
Chapter:
Find the odd word out:
Market structure on the basis of competition
Perfect competition
Monopoly
Oligopoly
Very Short Period market
Chapter:
Find the odd word out:
Types of Bank Accounts
Savings account
D-mat account
Recurring account
Current account
Chapter:
Find the odd word out:
Classification of Public Expenditure
Revenue expenditure
Capital expenditure
Consumption expenditure
Developmental expenditure
Chapter:
Give an economic term:
The cost incurred by the firm to promote sales.
Chapter:
Give an economic term:
The tax which is paid by the taxpayer on his income and property.
Chapter:
Give an economic term:
The capacity of a commodity to satisfy human wants.
Chapter:
Give an economic term:
Wear and tear of capital assets due to their use in the process of production.
Chapter: [7] National Income
Give an economic term:
A desire which is backed by willingness to purchase and ability to pay.
Chapter:
Complete the correlation:
Pen and ink: ______ :: Tea and Coffee : Substitute goods.
Chapter: [3.2] Elasticity of Demand
Complete the correlation:
Micro economics : Tree : : Macro economics : ______.
Chapter:
Advertisements
______ : Base year prices :: P1 : Current year prices.
Chapter: [6] Index Numbers
Complete the Correlation:
Demand curve : _______ :: Supply curve : Upward
Chapter:
Complete the Correlation:
Theoretical difficulty : Transfer payments :: ______ : Valuation of Inventories.
Chapter: [7] National Income
Identify and explain the concept from the given illustration:
Savita collected the information about individual income in a particular firm.
Chapter:
Identify and explain the concept from the given illustration:
India purchased petroleum from Iran.
Chapter: [10] Foreign Trade of India
Identify and explain the concepts from the given illustrations:
Prakash receives monthly pension of 15,000 from the state government.
Chapter:
Identify and explain the concepts from the given illustrations:
Price of salt increases by ₹ 20 to ₹ 50, still there is no change in demand for salt.
Chapter:
Identify and explain the concepts from the given illustrations:
Meena deposited a lump sum amount of ₹ 1,50,000 in the bank for a period of one year.
Chapter:
Distinguish between the following:
Microeconomics and Macroeconomics
Chapter:
Distinguish between:
Expansion of demand and Contraction of demand.
Chapter: [3.1] Demand Analysis
Distinguish between Gross national product and Gross domestic product.
Chapter:
Distinguish between the following concepts:
Public Finance and Private Finance
Chapter: [8] Public Finance in India
Distinguish between:
Simple Index Numbers and Weighted Index Numbers.
Chapter:
Explain the two-sector model of the circular flow of National Income.
Chapter: [7] National Income
Advertisements
Explain the types of a government budget.
Chapter: [2.07] Public Economics
Explain any four factors influencing elasticity of demand.
Chapter:
Explain with reason whether you 'agree' or 'disagree' with the following statement:
Law of diminishing marginal utility depends upon various assumptions.
Agree
Disagree
Chapter: [1.02] Consumers Behavior
State with reason whether you agree or disagree with the following statement:
Index numbers are free from limitations.
Agree
Disagree
Chapter: [6] Index Numbers
Answer with reasons whether you agree or disagree with the following statement:
The supply curve slopes downward from left to right.
Chapter:
State with reason whether you agree or disagree with the following statement:
Foreign trade plays an important role in economic development of a country.
Agree
Disagree
Chapter:
State with reason whether you agree or disagree with the following statement:
Fines and penalties are a major source of revenue for the Government.
Agree
Disagree
Chapter: [8] Public Finance in India
Observe the following table and answer the questions given below it:
| Commodity | Base Year | Current Year | ||||
|
Price p0 |
Quantity q0 |
Price p1 |
Quantity q1 |
p1q1 | p0q1 | |
| A | 2 | 10 | 5 | 8 | 40 | `square` |
| B | 4 | 5 | 8 | 3 | `square` | 12 |
| C | 1 | 7 | 2 | 10 | 20 | `square` |
| D | 5 | 8 | 10 | 5 | `square` | 25 |
| Total | 134 | 63 | ||||
Questions:
- Fill in the blank boxes of the above schedule. [2]
- Apply the given formula and find out Paasche’s Index Number. P 01 = `(sum p_1q_1)/(sum p_0q_1) xx 100` [2]
Chapter:
In the following diagram, AE is the linear demand curve of a commodity. On the basis of the given diagram, state whether the following statement is True or False. Give a reason for your answer.
Demand at point ‘C’ is relatively elastic demand.
True
False
Chapter:
In the following diagram, AE is the linear demand curve of a commodity. On the basis of the given diagram state whether the following statement is True or False. Give a reason for your answer.
Demand at point ‘B’ is unitary elastic demand.
True
False
Chapter:
In the following diagram, AE is the linear demand curve of a commodity. On the basis of the given diagram state whether the following statement is True or False. Give a reason for your answer.
Demand at point ‘D’ is perfectly inelastic demand.
True
False
Chapter:
In the following diagram, AE is the linear demand curve of a commodity. On the basis of the given diagram state whether the following statement is True or False. Give a reason for your answer.
Demand at point ‘A’ is perfectly elastic demand.
True
False
Chapter:
Read the given passage and answer the questions:
|
Maharashtra is the largest producer of tur dal, the principle source of protein in a vegetarian diet in India. The state produces nearly 28% of national output, with Latur and Hingoli districts in Marathwada and Akola district in Vidarbha producing the lion's share. In 2019-20, production of tur dal in Maharashtra was 37.36 lakh tonnes, and in 2020-21, it has been increased to 42.24 lakh tonnes. But in the current year, 2021-22, due to unfavourable climatic conditions, production of tur dal will reduce by 20% to 25%, as a result of which the prices of tur dal has increased. Last season, the state government has purchased tur at minimum base price. As the production was not predictable, the government was in trouble while buying tur under guaranteed price. Due to limited number of godowns, the government has now decided to sell tur in the form of dal to minimize the increasing loss due to storage, maintenance problems, etc. |
Questions:
- Name the largest tur dal producer districts in Maharashtra. [1]
- What was the production of tur dal in the year 2020-21 of Maharashtra? [1]
- Express your opinion about the given passage. [2]
Chapter:
Explain the law of demand.
Chapter: [3.1] Demand Analysis
Explain the functions of RBI.
Chapter: [9] Money Market and Capital Market in India [9] Money Market and Capital Market in India
Other Solutions
Submit Question Paper
Help us maintain new question papers on Shaalaa.com, so we can continue to help studentsonly jpg, png and pdf files
Maharashtra State Board previous year question papers 12th Standard Board Exam Economics with solutions 2022 - 2023
Previous year Question paper for Maharashtra State Board 12th Standard Board Exam Eco-2023 is solved by experts. Solved question papers gives you the chance to check yourself after your mock test.
By referring the question paper Solutions for Economics, you can scale your preparation level and work on your weak areas. It will also help the candidates in developing the time-management skills. Practice makes perfect, and there is no better way to practice than to attempt previous year question paper solutions of Maharashtra State Board 12th Standard Board Exam.
How Maharashtra State Board 12th Standard Board Exam Question Paper solutions Help Students ?
• Question paper solutions for Economics will helps students to prepare for exam.
• Question paper with answer will boost students confidence in exam time and also give you an idea About the important questions and topics to be prepared for the board exam.
• For finding solution of question papers no need to refer so multiple sources like textbook or guides.
