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

Complete the correlation:

Intra marginal unit : MU > Price : : ______ : MU < Price.

Assertion (A) : A change in quantity demanded of one commodity due to a change in the price of other commodity is cross elasticity.

Reasoning (R) : Changes in consumers income leads to a change in the quantity demanded.

Homogeneous product is a feature of this market.

1. Monopoly
2. Monopolistic competition
3. Perfect competition
4. Oligopoly

Homogeneous product is a feature of this market.

1. Monopoly
2. Monopolistic competition
3. Perfect competition
4. Oligopoly

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

Reverse Repo Rate

Distinguish between Surplus budget and Deficit budget.

Explain the law of demand with its assumptions.

During the period of inflation surplus budget is advisable.

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

Define or explain the following concepts

Repo rate

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

Distinguish between the following.

Standard coins and Token coins.

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

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

State whether the following statement is True or False :

Budget is a monthly statement - False.

Write short answer for the following question:

What are the Typing of Budget.

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

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

Define or explain the following concept.

Market Demand .

Define or explain the following concept.

Token coins.