MSBSHSE Class 12th Economics 2024 Question Paper Maharashtra
Organisation : Maharashtra State Board of Secondary and Higher Secondary Education (MSBSHSE)
Exam Name : HSC Exam 2024
Class : Class 12th
Subject : Economics
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Website : https://mahahsscboard.in/mr/questionPaper
MSBSHSE Class 12th Economics Question Paper
Q. 1. (A) Choose the correct option : (5) [20]
Related / Similar Question Paper : MSBSHSE Class 12th Geography 2024 Question Paper
(i) Method adopted in micro economic analysis
(a) Lumping method
(b) Aggregative method
(c) Slicing method
(d) Inclusive method
Options :
(1) a, c, d
(2) b, c, d
(3) Only c
(4) Only a
(ii) Factors which are working in unorganised money market.
(a) Money lenders
(b) Commercial bank
(c) Hundi
(d) Chit funds
Options :
(1) a, b, c
(2) b, c
(3) b, d
(4) a, c, d
(iii) Optional functions of Government.
(a) Protection from external attack
(b) Provision of education and health services
(c) Provision of social security measures
(d) Collection of tax
Options :
(1) b, c
(2) a, b, c
(3) b, c, d
(4) All of the above
(iv) Statements that highlight the significance of index numbers.
(a) Index numbers are useful for making future predictions.
(b) Index numbers help in the measurement of inflation.
(c) Index numbers help to frame suitable policies.
(d) Index numbers can be misused.
Options :
(1) b, c, d
(2) a, b, c
(3) a, b, d
(4) a, c, d
(v) Blood bank is an example of _____.
(a) Place utility
(b) Knowledge utility
(c) Service utility
(d) Time utility
Options :
(1) a, b, c
(2) b, c, d
(3) a, b, d
(4) Only d
(B) Find the odd word out : (5)
(i) Types of demand : Direct demand, Indirect demand, Composite demand, Market demand.
(ii) Features of National Income : Financial year, Money value, Static concept, Flow concept.
(iii) Types of budget : Deficit budget, Zero budget, Balanced budget, Surplus budget
(iv) Legal monopoly : Patent, OPEC, Copyright, Trade mark.
(v) Financial Assets : Bonds, Land, Govt. Securities, Derivatives.
(C) Give economic term : (5)
(i) More quantity is demanded due to changes in the favourable factors determining demand other than price.
(ii) Deposits that are withdrawable on demand.
(iii) Charging different prices to different consumers for the same product or services.
(iv) Net addition made to total cost by producing one more unit of output.
(v) Degree of responsiveness of quantity demanded to change in income only
Q. 2. (A) Identify and explain the following concepts (Any THREE) :
(i) Manisha satisfied her want of writing an essay by using pen and notebook.
(ii) Raghu’s father invested his money in a market for long term funds both equity and debt raised within and outside the country.
(iii) Due to mandatory use of masks during corona epidemic the demand for mask producing labour has increased.
(iv) Maharashtra purchased wheat from Punjab.
(v) Jagruti receives monthly pension of Rs.5,000 from the state government.
(B) Distinguish between (Any THREE) :
(i) Recurring deposits and Fixed deposits
(ii) Total utility and Marginal utility.
(iii) Perfectly elastic demand and Perfectly inelastic demand
(iv) Price Index and Quantity Index
(v) Internal debt and External debt
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