HSC Commerce (English Medium) १२ वीं कक्षा - Maharashtra State Board Important Questions for Economics

Explain with reason whether you ‘agree’ or ‘disagree’ with the following statement:

The law of 'diminishing marginal utility' is important in the practice?

Write explanatory note.

Government expenditure.

Demand for the commodity having multiple uses has elastic demand.

Explain, with reasons, whether you Agree or Disagree with the following statement

There are no exceptions to the Law of Demand.

State whether the following statement is True or False.

Demand for perishable goods is inelastic.

Demand curve and Supply curve.

The demand for salt is _____________.

A perfectly inelastic demand curve is parallel to 'Y' axis.

Give reason or Explain the following statement :

Demand for habitually used goods is inelastic.

Define or explain the following concept.

Unitary elastic demand.

State with reason, whether you Agree or Disagree with the following statement. 

The demand curve slopes downward from left to right.

Define the following concept:

Demand

State whether the following statement is True or False:

Demand for luxurious goods is elastic .

State with reasons whether you ‘agree’ or ‘disagree’ with the following statement.

Demand curve slopes downward from left to right.

Explain with reason whether you ‘agree’ or ‘disagree’ with the following statement:

The law of 'diminishing marginal utility' is important in the practice?

What is aggregate supply?

Explain the subjective factors which determine consumption function.

In the case of token coins, intrinsic value is less than their face value.

Clearing house system economises the use of cash.

Explain with reasons, whether you agree or disagree with the following statement

Commercial banks can not create credit money.