Advertisement

ECONOMICS QUESTION PAPER FOR HSC MAHARASHTRA STATE BOARD AS PER NEW BOARD PATTERN

AS PER NEW SYLLABUS 

 ECONOMICS   TIME: 3 HRS  MARKS : 80 MARKS

 Q.1 (A) Select the correct answer form the possible options given below and rewrite the statements:                        5 Marks

1.      The terms micro and macro economics were first used by ________ (Adam Smith, Robbins, Ragnar Frish, Marshall)
2.      When price of commodity rises the demand for it ________ (Rises, Falls, remain constant, Becomes negative)
3.      Cross elasticity of demand is applicable to ________goods. (Unrelated, Substitute, Inferior, Natural)
4.      The part of income which is not spend on consumption is called_____ (Expenditure, Saving, Investment, Public debt)
5.      Bank Rate is also called as ________rate. (Rediscount, Market, General, Exchange)
   

(B) Match the correct pairs                                5 Marks

Group A
Group B
1.       Single Price
2.       Land
3.       Barter
4.       Overdraft facility
5.       OMO
1.       Double coincidence of want
2.       Current Account
3.       Saving Account
4.       Rent
5.       Profit
6.       Monopoly
7.       Perfect Competition
8.       Quantitative Credit Control Measures

(C) State whether the following statements are True or False:                                                                                       6 Marks

1.       There is no product differentiation in the monopolistic competition.
2.       Labour can't be stored.
3.       The word Macro is derived from the French word 'Makros'.
4.       Macro economics deals with the study of aggregates.
5.       Money increases productivity of capital.
6.       Rate of interest on fixed deposit is high.

Q.2 (A) Define or Explain the following concepts: (Attempt any Three)                                                                             6 Marks

1.       Macro Economics
2.       Labour
3.       National Income
4.       Lender of the Last resort
5.       Desire
6.       Total cost

       (B) Give Reasons or Explain the Statements: (Attempt any Three)                                                                               6 Marks

1.       Macro economics is the study of aggregates.
2.       Aggregate demand depends only on consumption expenditure.
3.       Commercial banks provide agency functions to earn profits.
4.       The CRR affects the lending capacity of the banks.
5.       During the period of inflation, surplus budget is advisable.
6.       Paid services are included in national income.

Q.3 (A) Distinguish Between: (Attempt any Three)                                                                                                                    6 Marks

1.       Commodity money V/S Metallic Money
2.       Central Bank V/S Commercial bank
3.       Land V/S Capital
4.       Saving Account V/S Current Account
5.       Elastic Demand V/S Inelastic demand.
6.       Direct Tax V/S Indirect Tax


       (B) Write Short Notes: (Attempt any Two)                                                                                                                            6 Marks

1.       Features of Micro Economics
2.       Determinants of Aggregate Demand
3.       Function of Money
4.       Saving Function

Q.4 Answer the following questions: (Attempt any Three)                                                                                                      12 Marks

1.       State the determinants of Aggregate Supply
2.       Consumption function
3.       Determinants of individual demand.
4.       Assumption to the Law of diminishing marginal utility?
5.       State the components of Budget
6.       Secondary Function of Commercial Bank

Q.5 Do you agree or disagree with the following statements. Give reasons (Attempt any three)                  12 Marks

1.       Acceptance of deposit is the only primary function of commercial bank?
2.       Central bank is the bank of banks.
3.       There are no difference between stock and supply.
4.       Macro economics studies behaviour of individual unit. (study features of Macro economics and write 6 points without heading)
5.       There are no difficulties in measuring national income.
6.       There is no real Exception in Law of diminishing marginal utility.

Q.6 Answer in Detail: (Attempt Any Two)                                                                                                                                    16 Marks

1.       Explain the Types of Price Elasticity of Demand?
2.       Define Law of Demand? Explain its Assumption?
3.       Features of Perfect Competition?

4.       Define central Bank? Also explain its Functions?


ECONOMICS PAPER ONE


ECONOMICS PAPER TWO



ECONOMICS PAPER THREE



FILL UP MULTIPLE CHOICE




TRUE OR FALSE



DEFINE




















PERFECT COMPETITION MEANS MONOPOLISTIC COMPETITION.

PRICE IS THE ONLY DETERMINANT OF SUPPLY.

THERE IS NO DIFFERENCE BETWEEN STOCK AND SUPPLY.

VARIOUS FACTORS INFLUENCE THE ELASTICITY OF DEMAND.

THE LAW OF DEMAND CAN BE EXPLAINED WITH THE HELP OF EXAMPLE AND DIAGRAM.

THERE ARE NO EXCEPTIONS TO THE LAW OF DEMAND.










INDIVIDUAL PROBLEM V/S NATIONAL PROBLEM

MARGINAL UTILITY TOTAL UTILITY

UTILITY USEFULNESS

VARIATION IN DEMAND CHANGES IN DEMAND

EXTENSION OF DEMAND CONTRACTION OF DEMAND

INCREASE IN DEMAND DECREASE IN DEMAND

DEMAND DESIRE

DIRECT DEMAND DERIVED DEMAND

INDIVIDUAL DEMAND MARKET DEMAND

JOINT DEMAND COMPOSITE DEMAND

ELASTIC DEMAND INELASTIC DEMAND

RELATIVELY ELASTIC DEMAND RELATIVELY INELASTIC DEMAND...

PERPECTLY ELASTIC DEMAND PERPECTLY INELASTIC DEMAND...

PERCENTAGE METHOD TOTAL OUTLAY METHOD

LESS ELASTIC DEMAND MORE ELASTIC DEMAND

INCOME ELASTICITY CROSS ELASTICITY

STOCK SUPPLY

DEMAND SUPPLY

DEMAND CURVE SUPPLY CURVE

OUT PUT SUPPLY

INDIVIDUAL SUPPLY MARKET SUPPLY

NATURAL MONOPOLY SOCIAL MONOPOLY

PERFECT COMPETITION PURE COMPETITION

PERFECT COMPETITION MONOPOLY

MONOPOLY MONOPOLISTIC COMPETITION

PERFECT COMPETITION MONOPOLISTIC COMPETITION

FIXED CAPITAL VARIABLE CAPITAL

PHYSICAL (REAL) CAPITAL FINANCIAL (MONEY) CAPITAL

PHYSICAL (REAL) CAPITAL HUMAN CAPITAL

LABOUR ENTREPRENEUR

LAND CAPITAL

NATURAL FACTORS MAN-MADE FACTORS

CAPITAL WEALTH

MICRO ECONOMICS MACRO ECONOMICS

INCOME METHOD EXPENDITURE METHOD

INCOME METHOD PRODUCTION METHOD

ILLEGAL INCOME TRANSFER INCOME

CONSUMPTION INVESTMENT

SAVING CONSUMPTION

SAVING INCOME

AVERAGE PROPENSITY TO CONSUME MARGINAL PROPENSITY ...

BARTER SYSTEM MONETARY SYSTEM

METALLIC MONEY PAPER MONEY

PAPER MONEY BANK MONEY

CONVERTIBLE PAPER MONEY INCONVERTIBLE PAPER MONEY

CURRENT DEPOSIT SAVINGS DEPOSIT

FIXED DEPOSIT RECURRING DEPOSIT

CURRENT DEPOSIT FIXED DEPOSIT

LOAN CASH CREDIT

LOAN OVER DRAFT

COMMERCIAL BANK CENTRAL BANK

QUANTITATIVE CREDIT CONTROL GENERAL MEASURES QUALITATIVE CREDIT CONTROL ...

BANK RATE OPEN MARKET OPERATION

BANK RATE INTEREST RATE

REVENUE RECEIPTS CAPIRAL RECEIPTS

GOVERNMENT INCOME GOVERNMENT EXPENDITURE

SURPLUS BUDGET DEFICIT BUDGET

DIRECT TAX INDIRECT TAX

EXPORT IMPORT












FEATURES / CHARACTERISTICS/ PECULIARITIES/ NATURE




COOPERATION AND CONSCRIPTION

COOPERATION, COMPETITION AND CONSCRIPTION

ECONOMICS AS A STUDY OF PROVISIONING

ECONOMICS AS A STUDY OF THE ALLOCATION OF SCARCE RESOURCES

INTRODUCTION TO MICROECONOMICS

ROLE OF INDIVIDUAL IN THE COMMUNITY

SOCIAL INTERACTION

SOCIAL INTERACTION AND TECHNOLOGY

SOCIAL SCIENCE AND ECONOMICS

SPECIALIZATION

THE NATURE OF AN ECONOMIC SYSTEM AND PROCESSES WITHIN A SYSTEM

THE PROBLEM OF PROVISIONING

MICROECONOMICS ABBREVIATIONS & FORMULAE



HSC ECONOMICS
Labels: , , , ,