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

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Economics
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Homogeneous product is a feature of this market.

  1. Monopoly
  2. Monopolistic competition
  3. Perfect competition
  4. Oligopoly
[5] Forms of Market
Chapter: [5] Forms of Market
Concept: undefined >> undefined

In the case of token coins, intrinsic value is less than their face value.

[2.04] Money
Chapter: [2.04] Money
Concept: undefined >> undefined

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Reverse Repo Rate

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

Distinguish between Surplus budget and Deficit budget.

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

Explain the law of demand with its assumptions.

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

During the period of inflation surplus budget is advisable.

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

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

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

When does ‘increase’ in demand take place?

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

Define or explain the following concepts

Repo rate

[2.06] Central Bank
Chapter: [2.06] Central Bank
Concept: undefined >> undefined
The slope of demand curve is ___________ in the case of relatively inelastic demand.
[flatter/ steeper/ horizontal / vertical]
[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

D-mat account is useful to investors who deal in shares.

[2.04] Money
Chapter: [2.04] Money
Concept: undefined >> undefined

Distinguish between the following.

Standard coins and Token coins.

[2.04] Money
Chapter: [2.04] Money
Concept: undefined >> undefined

Fill in the blank using proper alternative given in the bracket:

Market demand is a total demand of...............buyers.

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

State whether the following statement is True or False :

Budget is a monthly statement - False.

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

Write short answer for the following question:

What are the Typing of Budget.

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

Fill in the blank with proper alternatives given in the bracket:

Budget is the _________________ of the revenue and expenditure of the coming year. 

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

Define or explain the following concept.

Market Demand .

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

Define or explain the following concept.

Token coins.

[2.04] Money
Chapter: [2.04] Money
Concept: undefined >> undefined

Give reason or explain the following statement:

A dieficit budget nay prove useful during the period of depression.

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

Fill in the blank using proper alternatives given in the bracket:

During depression .............. budget is preferable.

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