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

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Identify and explain the following concept:

Ashok paid the tax on his income and property.

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

Find the odd word out:

Direct demand:

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

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Explain essential characteristics of tax.

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

Find the odd word out:

Useful products:

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

Identify and explain the concept from the given illustration:

Bhavesh had to pay less income tax when his income was low, but now he has to pay more income tax due to an increase in income.

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

Identify the right group of pairs from the given options.

i) Direct tax a) Non-tax revenue
ii) Indirect tax b) Inflation
iii) Fees and Fines c) GST
iv) Surplus  budget d) personal income tax
[8] Public Finance in India
Chapter: [8] Public Finance in India
Concept: undefined >> undefined

Identify the right group of pairs from the given options.

i) Direct tax a) Non-tax revenue
ii) Indirect tax b) Inflation
iii) Fees and Fines c) GST
iv) Surplus budget d) Personal income tax
[8] Public Finance in India
Chapter: [8] Public Finance in India
Concept: undefined >> undefined

Factors which are working in unorganized money market.

  1. Money lenders
  2. Commercial bank
  3. Hundi
  4. Chit funds
[9] Money Market and Capital Market in India
Chapter: [9] Money Market and Capital Market in India
Concept: undefined >> undefined

Find the odd word out:

Types of demand:

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

Identify and explain the following concept:

Due to mandatory use of masks during corona epidemic the demand for mask-producing labour has increased.

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

Identify the right group of pairs from the given options.

i) Direct tax a) Non-tax revenue
ii) Indirect tax b) Inflation
iii) Fees and Fines c) GST
iv) Surplus budget d) Personal income tax
[8] Public Finance in India
Chapter: [8] Public Finance in India
Concept: undefined >> undefined
i) Direct tax a) Non-tax revenue
ii) Indirect tax b) Inflation
iii) Fees and Fines c) GST
iv) Surplus budget d) Personal income tax
[8] Public Finance in India
Chapter: [8] Public Finance in India
Concept: undefined >> undefined

Identify the right group of pairs from the given options.

i) Direct tax a) Non-tax revenue
ii) Indirect tax b) Inflation
iii) Fees and Fines c) GST
iv) Surplus budget d) Personal income tax
[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 statements:

When price of Giffen goods fall, the demand for it increases.

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

Identify the right group of pairs from the given options.

i)  Direct tax a) Non- tax revenue
ii)  Indirect tax b) Inflation

iii)

 Fees and Fines

c) GST
iv)  Surplus budget d) Personal income tax
[8] Public Finance in India
Chapter: [8] Public Finance in India
Concept: undefined >> undefined

A rightward shift in supply curve shows ______.

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

Identify the right group of pairs from the given options.

i)  Direct tax a) Non-tax revenue
ii) Indirect tax b) Inflation
iii) Fees and Fines c) GST
iv) Surplus budget d) Personal income tax
[8] Public Finance in India
Chapter: [8] Public Finance in India
Concept: undefined >> undefined

Identify the right group of pairs from the given options. 

i) Direct tax a) Non-tax revenue
ii) Indirect tax b) Inflation
iii) Fees and Fines c) GST
iv) Surplus budget d) Personal income tax
[8] Public Finance in India
Chapter: [8] Public Finance in India
Concept: undefined >> undefined

Name and explain the types of monopoly.

[5] Forms of Market
Chapter: [5] Forms of Market
Concept: undefined >> undefined

Explain with reason, whether you agree or disagree with the following statement.

Price is the only determinant of demand

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