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


AS PER NEW SYLLABUS MAHARASHTRA STATE BOARD HSC STUDENTS. 



Time : 3 hours                                                      Marks :  80 Marks


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

1. Economics is a …….. science.

(Natural / Social / Anthropology / Political)

2. Labour is ……….. .

(Imperishable / Perishable / Convertible / Non-convertible)

3. The nature of the market of barter system is ………. .

(wide / limited / personal / social)

4. There is lack of ………. In monopoly.

(consumers / competition / sellers / people)

5. ……….. has monopoly to issue the currency notes.


(Commercial Bank / Central Bank / Co-operative Bank / Rural Bank)

   
(B) Match the correct Pairs:                                                                                                                                                    5 Marks

Group A
Group B
1. Entry Barriers.
2. Entrepreneur 
3. D- mat Account
4. RBI
5. Monopolistic Competition

1. Prof. E.H. Chamberlin
2. Paul A. Samuelson
3. Share Broker
4. Monopoly
5. Profit
6. Rent
7. Commercial Bank
8. Central Bank


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

1. The demand curve of monopolistic competitive market is horizontal. (False)
2. Credit Money is created by Central Bank of a country. (False)
3. The commercial bank perform agency functions. (True)
4. Demand for Raw material is derived demand. (True)
5. Perfect competition is a real concept which exist. (False)
6. Micro economics deals with full employment, price stability and economic growth in an economy. (False) 

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

1.       DERIVED DEMAND.

2.         COMPETITIVE DEMAND 

3.         PARTIAL EQUILIBRIUM.

4.         MARKET DEMAND


5.         ECONOMIC EFFICIENCY

6.         FORM UTILITY

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

1.       Macro economics given an overall view of the economy. 
2.       Overdraft facility is not given to saving account holders.
3.       GNP = C + I + G +  (X - M) + (R - P)
4.      The point where ASF = ADF is the point of "Effective Demand"
5.       In Deficit budget, Government Expenditure Exceeds Government Receipts. 
6.       National income at factor cost includes subsidy. 

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

1.       Utility V/S Usefulness
5.       Saving V/S Consumptions



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


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


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


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

3.       Features of Land?