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What is meant by price ceiling? Explain its implications.
Concept: Price Ceiling
Suppose the demand and supply equations of a commodity X in a perfectly competitive market are given by :
Qd = 1700 – 2P
Qs = 1300 + 3P
Calculate the value of equilibrium price and equilibrium quantity of the commodity X.
Concept: Equilibrium Price
Answer the following question.
In the given figure, what does the gap 'KT' represent? State any two fiscal measures to correct the situation.
Concept: Measures of Government Deficit
Answer the following question.
Define "Trade surplus". How is it different from "Current account surplus"?
Concept: Concept of Balance of Payments >> Balance of Payments Surplus and Deficit
"Under the flexible exchange rate system, the Central Bank does not intervene in the foreign exchange market."
Justify the statement, giving valid arguments.
Concept: Determination of the Exchange Rate
Explain the impact of home currency depreciation on the exports of a nation.
Concept: Determination of the Exchange Rate
Giving valid reason, state whether the following statement is true or false:
Dividend received from investment abroad is recorded on the credit side of the capital account.
Concept: Concept of Balance of Payments >> Current Account
Giving valid reason, state whether the following statement is true or false:
Depreciation of the Indian Currency will lead to promotion of Indian exports.
Concept: Determination of the Exchange Rate
Distinguish between Autonomous transactions and Accommodating transactions.
Concept: Concept of Balance of Payments >> Balance of Payments Surplus and Deficit
After mother Skunk and Roger Skunk return home, she hugs him before he sleeps. What does this show about mother Skunk?
Concept: Should Wizard Hit Mommy?
What impression do you form of Jack as a father? Support your answer.
Concept: Should Wizard Hit Mommy?
Describe the precautions taken by the prison officers to prevent Evans from escaping.
Concept: Evans Tries an O-level
Read the following and answer the question that follows:
The story "Deep Water" has made you realize that with determination and perseverance one can accomplish the impossible. Write a paragraph in about 100 words words on how a positive attitude and courage will aid you to achieve success in life
Concept: Deep Water
How did the instructor “build a swimmer” out of Douglas?
Concept: Deep Water
Why was the peddler surprised at the hospitality he received from the crofter?
Concept: The Rattrap
Gandhi effectively managed to redress the problems of the indigo sharecroppers with the Lieutenant Governor. What did he achieve?
Concept: Indigo
Why was Mr. Lamb’s gate always open?
Concept: On the Face of It
Answer the following question in about 40-50 words.
What can be inferred from Rajendra Prasad’s recorded upshot of the lawyer consultations, at Motihari?
Concept: Indigo
Answer the following in about 100‒125 words.
Has Sophie met Danny Casey? What details of her meeting with Danny Casey did she narrate to her brother?
Concept: Going Places
| During the morning nobody worried about the car encrusted in the wall, for people assumed it was one of those that had been parked on the pavement. But when the crane lifted it out of its setting, the body of a woman was found secured behind the steering wheel by a seat belt. The blow had been so brutal that not a single one of her bones was left whole. Her face was destroyed, her boots had been ripped apart and her clothes were in shreds. She wore a gold ring shaped like a serpent, with emerald eyes.” |
- Who wore a gold ring?
- How did she make her living?
- What state was ‘She’ discovered in?
- Why did the author mention the snake ring?
- Why did no one bother about the damaged car?
- Which word can be a good synonym for brutal?
- Brash
- ebullient
- cruel
- crass
Concept: I Sell My Dreams
