CBSE Class-12 Economics: Questions 73 - 80 of 523

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Question number: 73

» Balance of Payments » Foreign Exchange Rate

Short Answer Question▾

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List three sources each of demand and supply of foreign exchange

Question number: 74

» Balance of Payments » Balance of Payments Account

Short Answer Question▾

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Distinguish between the current account and capital account of balance of payments account. Is import of machinery recorded in current account or capital account? Give reasons for your answer.

Question number: 75

» National Income and Related Aggregates » Depreciation

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Explain the effect of depreciation of domestic currency on exports.

Question number: 76

» Determination of Income and Employment » Propensity to Consume and Propensity to Save

One Liner Question▾

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What is the relationship between marginal propensity to save and marginal propensity to consume?

Question number: 77

» Producer Behaviour and Supply » Supply » Elasticity of Supply

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What is the price elasticity of supply of a commodity whose straight line supply curve passes through the origin forming an angle of 75?

Question number: 78

» Consumer's Equilibrium and Demand » Consumer's Equilibrium

One Liner Question▾

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Give the meaning of equilibrium price.

Question number: 79

» Producer Behaviour and Supply » Cost

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What is meant by cost in economics?

Question number: 80

» National Income and Related Aggregates » National Disposable Income

Essay Question▾

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Calculate Gross National Disposable Income and Personal Income from the given data:

data to calculate Gross National Disposable Income and Personal Income

it shows particulars with its amount

No.

Particulars

(Rs crores)

1

Personal tax

120

2

Net indirect tax

100

3

Corporation tax

90

4

National income

1000

5

Net factor income from abroad

5

6

Consumption of fixed capital

50

7

National debt interest

70

8

Retained earnings of private corporate sector

40

9

Net current transfers to the rest of the world

-20

10

Current transfers from government

30

11

Share of government in national income

80

Explanation

GNDI = 4 + 2 + 6 – 9

= 1000 + 100 + 50 – (-20)

= Rs. 1170 crores

Personal Income = (4 –11) + (7 – 9 + 10) – 8 – 3

= 1000 - 80 + 70 – (- 20) + 30 – 40 –… (5 more words) …

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