HSC Commerce (English Medium) 11th Standard - Maharashtra State Board Question Bank Solutions

Compete the sentence.
Indian political system comprises ___________ vital institutions. 

Compete the sentence.
Limited involvement of government in public sector refer to _________.

Select the correct Option 
Who frames the economic policy of the business?

Which economic system is known as the free market economy?

Correct the underlined word and rewrite the following sentence.
Privatization helps for global village.

Answer in one sentence:
What are the powers of legislature? 

Answer in one sentence:
Which factor influence the economic condition of the Nation?

Answer in one sentence:
When did Indian government launch New Economic Policy?

Answer in one sentence:
How is the boundary less world possible?

Explain the following term/concept.

Liberalization.

Explain the following term/concept.
Privatization.

Distinguish between the following.

Social Environment and Economic Environment.

Distinguish between the following.

Liberalization and Privatisation.

Distinguish between the following.

Globalization and Liberalization.

Distinguish between the following.

Privatization and Globalization.

State any four features of the Social environment.

Answer in brief.

State any four features of globalization.

Answer in brief.

State any four reasons of the need for privatisation.

Justify the following statement:

The economic environment has a direct influence on business.

Answer the following.

Explain the new economic policy in details.