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HSC Arts (English Medium) 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions for Economics

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Trends shown by Public expenditure of any Government shows following trend.

  1. Constant
  2. Increasing
  3. Decreasing
  4. Fluctuating
[8] Public Finance in India
Chapter: [8] Public Finance in India
Concept: undefined >> undefined

When supply curve is upward sloping, it’s slope ______.

[4] Supply Analysis
Chapter: [4] Supply Analysis
Concept: undefined >> undefined

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Trends shown by Public expenditure of any Government shows following trend

  1. Constant
  2. Increasing
  3. Decreasing
  4. Fluctuating
[8] Public Finance in India
Chapter: [8] Public Finance in India
Concept: undefined >> undefined

Trends shown by Public expenditure of any Government shows following trend.

  1. Constant
  2. Increasing
  3. Decreasing
  4. Fluctuating
[8] Public Finance in India
Chapter: [8] Public Finance in India
Concept: undefined >> undefined

Trends shown by Public expenditure of any Government shows following trend.

  1. Constant
  2. Increasing
  3. Decreasing
  4. Fluctuating
[8] Public Finance in India
Chapter: [8] Public Finance in India
Concept: undefined >> undefined

Trends shown by Public expenditure of any Government shows following trend.

  1. Constant
  2. Increasing
  3. Decreasing
  4. Fluctuating
[8] Public Finance in India
Chapter: [8] Public Finance in India
Concept: undefined >> undefined

State with reasons whether you agree or disagree with the following statement :

Obligatory function is the only function of the Govenment.

[2.07] Public Economics
Chapter: [2.07] Public Economics
Concept: undefined >> undefined

State with reason whether you agree or disagree with the following statement: 

Obligatory function is the only function of the Govenment.

[8] Public Finance in India
Chapter: [8] Public Finance in India
Concept: undefined >> undefined

Choose the correct pair:

  Group A   Group B
1) Price Index a) `(sum"p"_1"q"_1)/(sum"p"_0"q"_0)xx100`
2) Value Index b) `(sum"q"_1)/(sumq"_0)xx100`
3) Quantity Index c) `(sum"p"_1"q"_1)/(sum"p"_0"q"_1)xx100`
4) Paasche's Index d) `(sum"p"_1)/(sum"p"_0")xx100`
[6] Index Numbers
Chapter: [6] Index Numbers
Concept: undefined >> undefined

In India budget is presented in the Parliament by the ............................................

(Prime Minister / Finance Minister / Chief Minister / Defence Minister)

 

[2.07] Public Economics
Chapter: [2.07] Public Economics
Concept: undefined >> undefined

Explain the relationship between Total utility and Marginal utility.

[1.02] Consumers Behavior
Chapter: [1.02] Consumers Behavior
Concept: undefined >> undefined

Explain the law of demand with its assumptions.

[1.03] Analysis of Demand and Elasticity of Demand
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: undefined >> undefined

Slicing method and Lumping method.

[1.01] Introduction to Micro Economics
Chapter: [1.01] Introduction to Micro Economics
Concept: undefined >> undefined

Determination of equilibrium price under perfect competition.

[1.05] Types of Market and Price Determination Under Perfect Competition
Chapter: [1.05] Types of Market and Price Determination Under Perfect Competition
Concept: undefined >> undefined

There are no exceptions to the law of supply.

[4] Supply Analysis
Chapter: [4] Supply Analysis
Concept: undefined >> undefined

State and explain the ‘law of demand’ with its exceptions.

[1.03] Analysis of Demand and Elasticity of Demand
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: undefined >> undefined

When does ‘increase’ in demand take place?

[1.03] Analysis of Demand and Elasticity of Demand
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: undefined >> undefined

Credit money is created by the Central bank of a  country.

[2.06] Central Bank
Chapter: [2.06] Central Bank
Concept: undefined >> undefined

Define or explain the following concepts:

Slicing method

[1.01] Introduction to Micro Economics
Chapter: [1.01] Introduction to Micro Economics
Concept: undefined >> undefined

Give reasons or explain the following 

Central bank acts as a lender of the last resort of commercial banks.

[2.06] Central Bank
Chapter: [2.06] Central Bank
Concept: undefined >> undefined
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