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CBSE Value Based Questions

CBSE Class 12 Economics Balance of Payments VBQs

BALANCE OF PAYMENTS The balance of payment is a comprehensive and systematic records of all economic transaction between normal residents of a country and rest of the world during an accounting year. Economic Transaction: refer to those transactions which involve transfer of…

CBSE Class 12 Economics Government Budget And The Economy VBQs

MCQ Questions for NCERT Class 12 Economics Government Budget And The Economy Question: Which one of the following is not a capital expenditure? (a) Loans advanced by World Bank (b) Construction of school building (c)Repayment of loans (d) Tax receipts.…

CBSE Class 12 Economics Determination of Income And Employment VBQs

AGGREGATE DEMAND AND ITS COMPONENTS AGGREGATE DEMAND: Aggregate demand refers to the demand for all finished goods and services in an economy during a given period of time. It is the total level of spending in the economy. It is often measured for the period of an accounting…

CBSE Class 12 Economics Money And Banking VBQs

Question. Which of the following is/are provided by the platform of CERSAI? A. Registrations of transactions of securitisation B. Asset Reconstruction C. Security Interest D. All of the Above E. None of these Answer : D. All of the Above Explanation: The Company is…

CBSE Class 12 Economics Forms Of Market VBQs Set A

FORMS OF MARKET AND PRICE DETERMINATION Question. Under Perfect Competition price of the Product (a) can be controlled by individual Firm (b) cannot be controlled by individual Firm (c) can be controlled within certain limit by individual Firm (d) none of the above Answer: B…

CBSE Class 12 Economics Theory of Consumer Behaviour VBQs

Question. Keeping the health of the people in mind, the government should be considerate in fixing the .price of essential items like milk, as price elasticity of demand is; Answer. a) More than one b) less than one, c) equal to one d) zero Question. For proper allocation of…

CBSE Class 12 Accountancy Analysis of Financial Statements VBQs

CBSE Class 12 Accountancy Analysis of Financial Statements VBQs Question 1. Borrowing cost is in par with Rate of return.Still companies prefer to raise funds through borrowings and not through Share Capital. Identify the value followed by the company in raising funds.…

CBSE Class 12 Accountancy Company Account Issue of Debentures VBQs

VERY SHORT ANSWER - QUESTIONS Question. Debenture holders are A) Debtors of the Company B) Creditors of the Company C) External users D) Owners of the Company Answer. B Question. Debenture Application A/c is in the form of A) Current Account B) Nominal Account C)…

CBSE Class 12 Accountancy Dissolution of Partnership Firms VBQs

VERY SHORT ANSWER QUESTIONS Question. Which o the following will be Transferred to Realisation Account? A. Goodwill appearing in the books at the time of Dissolution of Firm B. Investment Fluctuation Reserve C. Provision for Doubtful Debts D. General Reserve Choose the…

CBSE Class 12 Accountancy Reconstitution of Partnership VBQs

CBSE Class 12 Accountancy Reconstitution of Partnership VBQs Q.1. A…

CBSE Class 12 Accountancy Partnership Fundamentals VBQs

1. A,B and C are partners sharing profits in the ratio 3:2:1 and contribute capital ₹1,00,000; ₹ 80,000 and 60,000 respectively. Profit before adjustments is 84,000. Interest on capital is to be provided @ 10% p.a. Since C has to take care of his physically challenged…