Date & Time: 6th October 2015, 4:00 pm
Duration: 3h
Fill in the blank using proper alternatives given in the bracket:
Micro economics is a study of ..............
Whole economy
general price level
national output
individual economic unit
Chapter: [0.01] Introduction to Micro and Macro Economics [1.01] Introduction to Micro Economics
Fill in the blank using proper alternatives given in the bracket:
Demand for salt is ...............
Elastic
inelastic
infinitely elastic
unitary elastic
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Fill in the blank using proper alternatives given in the bracket:
.................consumption cannot be zero.
induced
Autonomous
Government
private
Chapter: [2.05] Commercial Bank
Fill in the blank using proper alternatives given in the bracket:
The primary function of commercial banks is to ...................
Purchase and sale securities
accept deposits
Provide safe deposit vaults
issue letter of credit
Chapter: [2.05] Commercial Bank
Fill in the blank using proper alternatives given in the bracket:
During depression .............. budget is preferable.
balanced
surplus
Deficit
zero
Chapter: [0.08] Public Finance in India [2.07] Public Economics
Match the following:
| Group A | Group B |
| a. Demand and Price | (1) Interest |
| b. Stock | (2) Stock |
| c. Reward of Capital | (3) Reserve Bank of India |
| d. Unemployment allowance | (4) Bank of India |
| e. Central Bank | (5) Direct relation |
| (6) Potential Supply | |
| (7) Transfer Income | |
| (8) Inverse relation |
Chapter: [2.06] Central Bank
State whether the following statement is True or False :
Concept of elasticity of demand is useful for finance minister.
Chapter: [0.032] Elasticity of Demand [1.03] Analysis of Demand and Elasticity of Demand
State whether the following statement is true or false :
Supply of perishable goods is inelastic.
Chapter: [0.04] Supply Analysis [1.04] Analysis of Supply
Define or Explain :
Average revenue.
Chapter: [0.05] Forms of Market [1.05] Types of Market and Price Determination Under Perfect Competition
Chapter: [0.05] Forms of Market [1.05] Types of Market and Price Determination Under Perfect Competition
Define or Explain the Land.
Chapter: [1.06] Factors of Production
Define or Explain the General equilibrium.
Chapter: [1.05] Types of Market and Price Determination Under Perfect Competition
Define or Explain the Bank Ratev ?
Chapter: [2.06] Central Bank
Define or Explain the Individual economic unit.
Chapter: [0.01] Introduction to Micro and Macro Economics [1.01] Introduction to Micro Economics
Give reason or explain the following statement:
Micro economic theories based on certain assumptions.
Chapter: [1.01] Introduction to Micro Economics
Give reason or explain the following statement:
Utilly is ethically neutral.
Chapter: [1.02] Consumers Behavior
Give reason or Explain the following statement :
Demand for habitually used goods is inelastic.
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Give reason or Explain the following statement :
Paid services are included in national income.
Chapter: [0.07] National Income [2.02] National Income
Explain the subjective factors which determine consumption function.
Chapter: [0.031] Demand Analysis [2.03] Determinants of Aggregates
Give reason or explain the following statement:
Central Bank acts as a lender of the last resort.
Chapter: [2.06] Central Bank
Distinguish between the following :
Desire and Demand .
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Distinguish between Gross National Product and Net National Product.
Chapter: [0.07] National Income [2.02] National Income
Distinguish between the following :
Paper money and Metallic coins.
Chapter: [2.04] Money
Distinguish between Surplus budget and Deficit budget.
Chapter: [0.08] Public Finance in India [2.07] Public Economics
Distinguish between the following.
Micro Economics and Macro Economics.
Chapter: [2.01] Introduction to Macro Economics
Distinguish between:
Stock and Supply
Chapter: [0.04] Supply Analysis [1.04] Analysis of Supply
Explain any four points of importance of Micro economics.
Chapter: [0.01] Introduction to Micro and Macro Economics [1.01] Introduction to Micro Economics
Write Short note on the following.
Ratio method of measuring price elasticity of demand ?
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Name and explain the types of monopoly.
Chapter: [0.05] Forms of Market
Write short note of Qualities of an Entrepreneur?
Chapter: [1.06] Factors of Production
Write short answer for the following question :
What are the characteristics of utility ?
Chapter: [1.02] Consumers Behavior
What are the features of perfect competition.
Chapter: [0.05] Forms of Market [1.05] Types of Market and Price Determination Under Perfect Competition
Explain the concept of Macro economics and its features.
Chapter: [0.01] Introduction to Micro and Macro Economics
Explain the determinants of aggregate supply.
Chapter: [0.031] Demand Analysis [2.03] Determinants of Aggregates
Write short Answer for the following question:
Explain various types of Bank Deposits ?
Chapter: [2.05] Commercial Bank
Write short Answer for the following question:
Explain the components of government budget ?
Chapter: [0.08] Public Finance in India [2.07] Public Economics
Explain with reason whether you ‘agree’ or ‘disagree’ with the following statement:
Various factors incluence tha demand for a commodity.
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
Explain with reason whether you ‘agree’ or ‘disagree’ with the following statement:
The law of 'diminishing marginal utility' is important in the practice?
Chapter: [0.02] Utility Analysis [1.02] Consumers Behavior
Price is the only determinant of supply.
Chapter: [0.04] Supply Analysis [1.04] Analysis of Supply
Explain, with reason, whether you Agree or Disagree with the following statement.
Commercial banks provide many general utility services.
Chapter: [2.05] Commercial Bank
Explain, with reason, whether you Agree or Disagree with the following statement :
Central Bank is a profit making institution ?
Chapter: [2.06] Central Bank
Answer the following question.
State and explain the law of demand.
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Explain the law of demand with its assumptions.
Chapter: [0.031] Demand Analysis [1.03] Analysis of Demand and Elasticity of Demand
Explain the types of price elasticity of demand .
Chapter: [0.032] Elasticity of Demand [1.03] Analysis of Demand and Elasticity of Demand
Explain practical difficulties involved in estimation of national income.
Chapter: [0.07] National Income [2.02] National Income
State the determinants of aggregate demand.
Chapter: [0.031] Demand Analysis [2.03] Determinants of Aggregates
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 2014 - 2015
Previous year Question paper for Maharashtra State Board 12th Standard Board Exam Eco-2015 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.
