Maharashtra State Board
- What is a Capitalistic Economy? The economy in which the ownership and management of the means of production is in the hands of private individuals is called as a Capitalis... 1
- Define Economics ? in simple way According to Lionel Robbins, “Economics is a science which studies human behaviour as a relationship between ends and scarce means which hav... 1
- Suppose you are the finance minister of an agrarian country. Giving priority to the overall development of the country, As a Finance Minister of an Agrarian country like India, I would focus on transforming India in five areas: Modernization of agriculture, en... 1
- What do you mean by globalisation? Globalisation means aligning the country’s economy with the world economy. 1
- In a capitalistic economy, to whom does the ownership and management of means of production belong? In a Capitalistic Economy, the ownership and management of means of production belong to the private sector. 1
- From which Greek word is the term ‘Economics’ derived? The word ‘Economics’ is derived from the Greek word ‘Oikonomia’ which means family management. 1
- To which economic factor is the management of individual or family finances related? Management of individual or family finances is related to the economic factor of ‘income and expenditure. 1
- On the basis of economies, we can divide countries into three groups. The activities related to the production, distribution and consumption of goods and services in a specific region is called economy. On the... 1
- India’s economy is of mixed type. Mixed economy is a combination of Capitalism and Socialism. India is said to be a Mixed economy because there is a co-existence of both publ... 1
- The economy begins at home. Household finance is related to income and expenditure. Every household has unlimited expenditure and the income earned is limited. The hous... 1
- What is the time difference between the GMT and the IST? IST is 5hrs and 30 min ahead of GMT. 2
- Which meridian determines Indian Standard Time (1ST)? 82°30′ E is the standard meridian of India. 2
- Which meridian is used to determine world standard Time (GMT)? World Standard Time (GMT) is determined using Prime Meridian at 0° longitude. 1
- Using an atlas, tell in which of the following routes the IDL will be crossed and show them on the map. (1) Mumbai – London – New York – Los Angeles – Tokyo – IDL will be crossed. (2) Delhi – Kolkata – Singapore – Melbourne – IDL will not be cr... 1
- Why is the IDL considered with respect to the 1800 meridian only? Our 24-hour day starts at 12 midnight. Because of the earth’s rotation, the midnight occurs at different times, at different places. As the... 1
- Why doesn’t the IDL pass through land? If the IDL had passed through a land or some islands, the people there would have had to follow different dates and timings because dates wo... 1
- Why is the IDL not a straight line like the 1800 meridian? Attempt has been made to make the IDL pass through the Pacific Ocean completely. Had it passed through a land or some islands, the people th... 1
- While crossing the IDL, what changes will you make? When you cross the 180° meridian, some precautions need to be taken. There is a difference of 12 hours from Prime Meridian, if you go from E... 1
- What considerations have been made while deciding the IDL? The following points were taken into consideration while drawing the International Date Line. (IDL): 1. The direction of travel 2. The curre... 2
- The day starts in the Pacific Ocean on the earth The IDL passes through the Pacific Ocean. With reference to the IDL, the day on Earth starts in the West and ends in the East. It is one and... 1
- IDL is proving to be very useful in today’s times IDL is proving to be very useful in today’s times because: The IDL brings coordination between international airlines, transportation servic... 1
- A vector needs three quantities for its specification. Name the three independent quantities conventionally Angle of declination (magnetic declamatory) θ, angle of dip δ, horizontal component of earth’s magnetic field B_H are the quantities which a... 1
- Bakhar is an important type of historical documents Bakhars are an important source of history because they are Marathi prose narratives that describe historical events, battles and the lives... 1
- Write a letter to the mayor of your city, requesting him to put forward the idea of a multi-purpose stadium.Give reasons { senders address } To, The Mayor, {muncipal corporation name and addrress} Subject: Need for a multipurpose stadium Dear Sir/Madam, I resid... 1