HSC
Maharashtra State Board
Practice Test Paper
Sub: ECO (8,9 & 10) Marks:
50 Marks
Time: 2Hrs Date:
A) “Public Finance is one of
those subjects which are on the boarderline between economics and politics.”
_____________ given by
a) Adam smith
b) Alfred Marshall
c) Prof. Hugh Delton
d) Prof. Findlay Shirras
B) Money market faces shortage of
funds due to __________.
a) Inadequate saving
b) Growing demand for cash
c) presence of unorganized sector
d) Financial Management
C) Export trends of India’s foreign trade includes ______
a) Engineering goods
b) gems and Jewellery
c) Textile and ready-made
garments
d) Gold
Options; 1) a, c & d 2) a, b & c 3) b ,c & d 4) a, b ,c
& d
Group A Group B
i) Surplus Budget a) Inflation
ii) Export of Foreign Trade b) Jewellery
iii) Indigenous Bankers c) Fertilizers
d)
Unorganized sector
Q.1.C. Define or explain the
following concepts: (Any 2) [4
Marks]
a) Tina deposited a lumpsum
amount Rs. 50,000 in the bank for a period of one year.
b) Japan sells smart phones to
Myanmar.
c) A legacy of social security
from the richworld.
a) Internal Debt and External
Debt
b) Money market and Capital
market
c) Balance of payment and Balance
of trade
a) Demand deposits
b) Composition of India’s foreign
trade.
c) Deficit Budget
a) Explain the role of capital
market in India.
b) Explain the trend in India’s
imports.
c) State the types and importance
of Govt. budget.
a) Fines and penalties are a
major source of revenue for the government.
b) Trade is an engine of growth
for an economy.
c) The interest rate is
comparatively higher in Demand Deposits
a) Explain the meaning
and role of foreign trade.
b) Explain various reason for the
growth of public expenditure.
c) Explain the role of money market
in India.
******** ALL THE BEST *******
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