HSC Science (Electronics) 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions for Economics

Write explanatory notes or answer the following.  

 Revenue expenditures.  

Define or Explain the concept 

 Perfectly elastic demand  

State whether the following statements are True or False with reason: 

Demand for medicine is inelastic. 

Distinguish between Joint demand and Composite demand. 

Define the following concept:

Demand

Define or explain the following concept:

Increase in demand

Explain the following concept:

Market demand schedule

Write short note:

Giffen's paradox

Write short note:

Concept of demand

In India, national income is estimated using a ______.

Complete the correlation:

Output method : __________ :: Income method : Factor cost method

Explain the income method and expenditure method of measuring national income.

Complete the correlation:

Co-operative banks : Organized sector :: Indigenous bankers : ___________

Find the odd word out:

Unregulated Financial intermediates:

Assertion and Reasoning:

Assertion (A): The unorganized sector of the money market lacks transparency.

Reasoning (R): Activities of the unorganized sector are largely confined to rural areas.

Distinguish between Organized sector and Unorganized sector of the money market.

Give an economic term:

A commodity which can be put to several uses. 

Identify and explain the concept from the given illustration:

Sara makes a monthly contribution to a fund jointly created by her friends. The collected fund is then given to a chosen member through lucky draw.

Find the odd word

Unregulated non-bank financial intermediaries -

Explain any four types of demand.