A Demand Analysis — Economics STD 12 Commerce / Arts — Question

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

According to National Income Committee, NI is ………………….
(a) volume of goods and services
(b) produce in one year
(c) goods and services counted without duplication
(d) all of these

Mixed Income (MI) refers to the income of ………………….
(a) Private and public sector
(b) Self-employed persons
(c) Sale of second hand goods
(d) All of these

charge high rate of interest to the people.

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.

Importance of Macro-economics.
(a) National Income
(b) Economic development
(c) Price determination
(d) General level of employment

Internal trade also known as –
(a) Domestic trade
(b) Home trade
(c) External trade
(d) all of these

Value added approach is the difference between the value of ……………….
(a) Export and import
(b) Receipts and payment
(c) Inputs and final output
(d) None of these

Reserve Bank of India was established in …………..

When percentage change in quantity demanded is equal to changes in price, the demand curve is …………