MAHARASHTRA-CLASS-XII SERIES
Economics

Economic Terms

1 previous year questions.

Volume: 1 Ques
Yield: Medium

High-Yield Trend

1
2025

Chapter Questions
1 MCQs

01
PYQ 2025
easy
economics ID: maharash
Give economic terms: (i) A desire which is backed by willingness to purchase and ability to pay.
(ii) Deposits that are withdrawable on demand.
(iii) Wear and tear of capital assets, due to their use in the process of production.
(iv) Elasticity resulting from a proportionate percentage change in the quantity demanded due to a proportionate percentage change in price.
(v) The difference between the value of a countryโ€™s exports and imports for a given period.

About Economic Terms - MAHARASHTRA-CLASS-XII

Economic Terms is a vital chapter for MAHARASHTRA-CLASS-XII aspirants. Mastering the concepts covered in this chapter is essential for securing a top rank.

By rigorously practicing the previous year questions associated with this chapter, you can identify high-yield topics, understand the examiner's perspective, and boost your confidence during the actual exam.

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