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ISC (Arts) Class 12 - CISCE Question Bank Solutions

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What are Average product?

[7] Laws of Returns: Returns to a Factor and Returns to Scale
Chapter: [7] Laws of Returns: Returns to a Factor and Returns to Scale
Concept: undefined >> undefined

What is marginal product?

[7] Laws of Returns: Returns to a Factor and Returns to Scale
Chapter: [7] Laws of Returns: Returns to a Factor and Returns to Scale
Concept: undefined >> undefined

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With the help of a suitable diagram, discuss the relationship between Average product and Marginal Product.

[7] Laws of Returns: Returns to a Factor and Returns to Scale
Chapter: [7] Laws of Returns: Returns to a Factor and Returns to Scale
Concept: undefined >> undefined

Which stage of the Law of Variable proportions will be the best for the producer? Explain with a reason.

[7] Laws of Returns: Returns to a Factor and Returns to Scale
Chapter: [7] Laws of Returns: Returns to a Factor and Returns to Scale
Concept: undefined >> undefined

How does public expenditure on social security schemes enhance production in an economy?

[28] Fiscal Policy
Chapter: [28] Fiscal Policy
Concept: undefined >> undefined

Differentiate between personal income and private income.

[31] National Income Aggregates
Chapter: [31] National Income Aggregates
Concept: undefined >> undefined

Differentiate between the expansion of demand and an increase in demand, using diagrams.

[2] Demand and Law of Demand
Chapter: [2] Demand and Law of Demand
Concept: undefined >> undefined

Explain four ways of redemption of public debt.

[28] Fiscal Policy
Chapter: [28] Fiscal Policy
Concept: undefined >> undefined

Explain the following method of redemption of Public Debt:

Debt conversion

[28] Fiscal Policy
Chapter: [28] Fiscal Policy
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Explain the following method of redemption of Public Debt:

Sinking fund

[28] Fiscal Policy
Chapter: [28] Fiscal Policy
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______ is the creation of new currency to fill the gap between Government revenue and Government expenditure of the country.

[28] Fiscal Policy
Chapter: [28] Fiscal Policy
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Per capita income is not considered a good indicator of economic welfare. Explain this statement by giving two reasons.

[31] National Income Aggregates
Chapter: [31] National Income Aggregates
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India has been operating on a managed floating exchange rate regime since March 1993. Explain the statement.

[27] Balance of Payment and Exchange Rate
Chapter: [27] Balance of Payment and Exchange Rate
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The growth of the Gross Domestic Product is not a real indicator of economic welfare. Discuss two reasons to justify the given statement.

[31] National Income Aggregates
Chapter: [31] National Income Aggregates
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With the help of appropriate examples, briefly discuss Real GDP and Nominal GDP.

[31] National Income Aggregates
Chapter: [31] National Income Aggregates
Concept: undefined >> undefined

How old was Jem when he broke his arm?

[1] Prose and Drama
Chapter: [1] Prose and Drama
Concept: undefined >> undefined

The first chapter focusses on telling stories. This primarily serves to ______.

[1] Prose and Drama
Chapter: [1] Prose and Drama
Concept: undefined >> undefined

What literary significance does Mr Radley’s sealing the knot-hole in the tree have?

[1] Prose and Drama
Chapter: [1] Prose and Drama
Concept: undefined >> undefined

Which one of the following lines from the novel is thematically significant?

[1] Prose and Drama
Chapter: [1] Prose and Drama
Concept: undefined >> undefined

According to legend, who was Bon Bibi’s father?

[1] Prose and Drama
Chapter: [1] Prose and Drama
Concept: undefined >> undefined
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