Giving reasons classify the following into intermediate products

Subject

Economics

Class

CBSE Class 12

Pre Boards

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Sample Papers

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 Multiple Choice QuestionsShort Answer Type

31.

Explain the 'redistribution of income' objective of Government budget. 

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32.

From the following data about a Government budget, find out (a) Revenue deficit, (b) Fiscal deficit and (c) Primary deficit:
                                                                                       (Rs. Arab)
(i) Capital receipts net of borrowings                                       95
(ii) Revenue expenditure                                                        100
(iii) Interest payments                                                            10
(iv) Revenue receipts                                                             80
(v) Capital expenditure                                                          110

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33.

Giving reasons classify the following into intermediate products and final products:
Furniture purchased by a school.

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34.

Giving reasons classify the following into intermediate products and final products:
Chalks, dusters, etc. purchased by a school. 


Chalks, dusters, etc, are a final product as they are used for final consumption and does not undergo any further processing.

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35.

Explain the role of the following in correcting 'deficient demand' in an economy: 
Open market operations.

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36.

Explain the role of the following in correcting 'deficient demand' in an economy: 
Bank rate

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37.

Explain the role of the following in correcting 'excess demand' in an economy: 
Bank rate

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38.

Explain the role of the following in correcting 'excess demand' in an economy: 
Open market operations

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 Multiple Choice QuestionsLong Answer Type

39.

Distinguish between collusive and non-collusive oligopoly. Explain how the oligopoly firms are interdependent in taking price and output decisions.

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40.

Explain the process of money creation by the commercial banks with the help of a numerical example. 

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