Free Practice Questions for Maharashtra HSC Economics
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Key Facts: Maharashtra HSC Economics Exam
3 hours
Typical Maharashtra HSC Economics theory paper duration
MSBSHSE HSC exam pattern reporting for commerce/arts subjects including Economics
35%
Common minimum passing floor per HSC subject under MSBSHSE
Maharashtra HSC pass-mark practice (~35% each subject)
80 + 20
Common theory + internal/project mark split for HSC Economics (code 49)
Maharashtra HSC subject-wise mark distribution reporting
Subject code 49
Official MSBSHSE HSC subject code for Economics
MSBSHSE HSC general subject codes (mahahsscboard.org/hscsub.htm)
Mixed written paper
Official Economics papers mix objective, short, long, and numerical items — not pure MCQ
MSBSHSE HSC Economics paper-pattern summaries
English MCQ adaptation
This free local bank is not the official Higher Secondary paper format
OpenExamPrep practice policy
Maharashtra MSBSHSE HSC Economics (code 49) is a Class 12 public-exam theory subject of about 3 hours (commonly 80+20) with ~35% pass floor, covering Balbharati micro, index numbers, national income, public finance, money markets, and foreign trade — not a pure MCQ board paper. This free 2026 bank is an English MCQ study adaptation for concepts and numerical fluency.
Sample Maharashtra HSC Economics Practice Questions
Try these sample questions to review concepts for the Maharashtra HSC Economics exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.
1The terms 'micro' and 'macro' in modern economics were coined by:
2The Greek word 'Mikros', from which 'micro' is derived, means:
3Microeconomics is also commonly known as:
4Which of the following is a central concern of macroeconomics?
5Microeconomic analysis that studies equilibrium of one unit while isolating it from other forces is called:
6The microeconomic method of splitting the whole economy into small units and studying each separately is the:
7Lord J. M. Keynes's famous book that advanced modern macro analysis is:
8Which statement correctly contrasts micro and macro economics?
9In economics, 'utility' primarily means:
10Total utility (TU) is:
About the Maharashtra HSC Economics Exam
Maharashtra HSC Economics under MSBSHSE covers Class 12 Economics aligned to Balbharati Standard XII and board subject code 49. Core themes include micro foundations (utility, Law of Demand, elasticity, Law of Supply, cost–revenue ideas, and market structures), index numbers from statistics, and Indian macro/finance themes (national income aggregates and methods, public finance, money and capital markets with RBI and commercial banks, and foreign trade with BoT/BoP). Official assessment is typically a ~3-hour theory paper for 80 marks plus 20 internal/project marks, with about 35% required to pass. This free local bank provides English four-option MCQs—including calculation items—for revision; pair it with Balbharati textbooks, written short/long/numerical answers, and official papers via mahahsscboard.in.
Exam sponsor: Maharashtra State Board of Secondary and Higher Secondary Education (MSBSHSE), Pune. The requirements and fees below concern the certification or admission exam, separate from our free practice resources.
Assessment
Maharashtra Higher Secondary Economics is an HSC (Class 12) theory subject under MSBSHSE, Pune (subject code 49). Official logistics commonly describe about 3 hours of written theory work for 80 marks, with 20 marks internal assessment / project, for a 100-mark subject total. Qualifying typically requires about 35% in the subject. Syllabus centres on Balbharati Standard XII Economics: introduction to micro and macro economics; utility analysis; demand analysis and elasticity of demand; supply analysis; forms of market; index numbers; national income; public finance in India; money market and capital market in India; and foreign trade of India. English/Marathi medium materials are typical; this practice bank is an English-language MCQ study adaptation. Confirm current syllabus and circulars on mahahsscboard.in.
Time Limit
3 hours
Passing Score
35%
Exam / Certification Fees
As notified by MSBSHSE and paid through affiliated junior colleges for regular and private/improvement sittings (no single fixed public subject fee for all categories).
Exam sponsor websiteFees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.
Our practice resources: topics covered
We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.
Introduction to Micro and Macro Economics
Scope, features, and importance of micro vs macro economics.
Utility Analysis
TU, MU, Law of Diminishing Marginal Utility, cardinal approach.
Demand Analysis
Law of Demand, determinants, schedules, exceptions.
Elasticity of Demand
Price, income, cross elasticity; degrees and numerical measures.
Supply Analysis
Law of Supply, determinants, cost and revenue concepts.
Forms of Market
Perfect competition, monopoly, monopolistic competition, oligopoly.
Index Numbers
Simple and weighted indices; construction and calculation.
National Income
GDP/GNP/NDP/NNP and output, income, expenditure methods.
Public Finance in India
Revenue, expenditure, debt, fiscal policy, and budget.
Money Market and Capital Market in India
Instruments, RBI, commercial banks, role and reforms.
Foreign Trade of India
Composition, direction, Balance of Trade and Payments.
Preparing for the Maharashtra HSC Economics Exam
What You Need to Know
- Passing score: 35%
- Assessment: Maharashtra Higher Secondary Economics is an HSC (Class 12) theory subject under MSBSHSE, Pune (subject code 49). Official logistics commonly describe about 3 hours of written theory work for 80 marks, with 20 marks internal assessment / project, for a 100-mark subject total. Qualifying typically requires about 35% in the subject. Syllabus centres on Balbharati Standard XII Economics: introduction to micro and macro economics; utility analysis; demand analysis and elasticity of demand; supply analysis; forms of market; index numbers; national income; public finance in India; money market and capital market in India; and foreign trade of India. English/Marathi medium materials are typical; this practice bank is an English-language MCQ study adaptation. Confirm current syllabus and circulars on mahahsscboard.in.
- Time limit: 3 hours
- Exam / certification fees: As notified by MSBSHSE and paid through affiliated junior colleges for regular and private/improvement sittings (no single fixed public subject fee for all categories). Official sources
Using Our Practice Resources
- Work through all 100 available questions
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Maharashtra HSC Economics: Suggested Study Strategy
Frequently Asked Questions
How is Maharashtra HSC Economics officially examined?
Economics is examined under the Maharashtra Higher Secondary Certificate Examination as a Class 12 theory subject (MSBSHSE subject code 49). Logistics commonly describe about 3 hours of written theory work for 80 marks, plus 20 marks internal assessment / project, for a 100-mark total. Papers typically mix objective, short-answer, long-answer, and numerical components. Candidates generally need about 35% in the subject to pass. Confirm the year’s syllabus, timetable, and circulars on mahahsscboard.in.
Is this practice bank the same format as the official HSC Economics paper?
No. Official MSBSHSE HSC Economics papers mix objective items with short and long written answers and numericals (and internal/project work). This bank is an English-language multiple-choice study adaptation for concepts, definitions, and calculations only — not an official translation, blueprint replica, or full written-paper simulation.
What syllabus does this bank follow?
It is aligned to Maharashtra HSC / Class 12 Economics under MSBSHSE and Balbharati Standard XII Economics themes: introduction to micro and macro economics; utility analysis; demand analysis and elasticity of demand; supply analysis; forms of market; index numbers; national income; public finance in India; money market and capital market in India; and foreign trade of India. Always confirm the current Balbharati/MSBSHSE syllabus for your year.
What is the pass mark for Maharashtra HSC Economics?
MSBSHSE commonly requires a minimum of about 35% in each subject (including Economics) out of the full 100-mark total with theory and internal components as applicable. Always verify the current Higher Secondary notification for your sitting.
What is the official subject code for HSC Economics?
MSBSHSE lists Economics as subject code 49 in the HSC general subject codes scheme (see mahahsscboard.org/hscsub.htm and official question-paper listings). Confirm against your college subject registration and admit card.
Where should I check official syllabus, papers, and results?
Use the MSBSHSE site at mahahsscboard.in for circulars and question papers, mahahsscboard.org/hscsub.htm for subject codes, Balbharati digital textbooks (e.g. books.ebalbharati.in/pdfs/1203020029.pdf), and your divisional board portals for results and hall tickets.