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

Explain the reforms introduced in the money market in India.

• Assertion (A): Due to illiteracy, small producers do not keep an account of their production.
• Reasoning (R): The value of services provided out of love is not added in national income.

Identify and explain the concept from the given illustration:

Salman has a total stock of 500 gel pens in his shop which includes 200 gel pens produced in the previous financial year.

Complete the correlation:

Pen and ink: ______ :: Tea and Coffee : Substitute goods.

Explain the importance of national income.

The budget consists of revenue receipts and revenue expenditure ______

State and explain the factors influencing the elasticity of demand.

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

Statistical data of national income helps in framing national policies.

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

Obligatory function is the only function of the Govenment.

Explain the importance of elasticity of demand.

Assertion and Reasoning:

• Assertion (A): Regional stock exchanges have witnessed a sharp decline in the volume of trade.
• Reasoning (R): Investors prefer to trade in securities listed in premier stock exchanges like BSE, NSE, etc.

Differentiate between the money market and the capital market.

Complete the correlation.

Primary market: New issues launched to raise capital:: ______: Old issues through stock market.

Policy that aims at managing the quantity of money in order to meet the requirements of different sectors of the economy and to increase the pace of economic growth –

Assertion (A): Stock exchange is an important constituent of the money market.

Reasoning (R): Stock exchange is an organization in which stocks, bonds, commodities etc. are traded.

Identify & explain the concept from the given illustration.

Kerala-based company K Jewellers intends to raise ₹1000 crore by fresh issuance of shares.

Identify and explain the following concept:

Raju’s father invests his money in a market for long term funds both equity and debt raised within and outside the country.

Complete the correlation:

Money market : Short term funds :: ______ : Long term funds.

Complete the correlation :

Money market: Short term funds:: ______ : Long term funds

Complete the correlation:

Money market : Short term funds :: ______ : Long term funds.