HSC Arts (English Medium) १२ वीं कक्षा - Maharashtra State Board Question Bank Solutions

 State whether the following statements are TRUE or FALSE:  

 In deficit budget, expenditure is more than income. 

Define of the following concept.

Balanced budget

State whether the following statements are TRUE or FALSE with reason.

 Government budget is a family budget.  

State whether the following statements are TRUE or FALSE with reason. 

Cheque is not legal tender money. 

 Distinguish between Any FOUR of the following :        

 Income method and Expenditure method. 

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

The demand curve slopes downward from left to right.

 Answer in detail. 

 Explain the functions of Central Bank.  

Choose the correct answer :      

The capacity of a commodity to satisfy human want is known as _________. 

Choose the correct answer :                 

 The Government budget is for _________.  

 Give reasons or explain the following statements : 

The Entrepreneur is called as a leader of the organisation. 

Write explanatory notes or answer the following.

 Aggregate demand 

Do you agree with the following statements? Give reasons. 

Marginal utility and Total utility is same. 

Fill in the blanks with appropriate alternatives given in the bracket.  

 Marginal consumption function is always ________. 

Choose the correct answer :   

Currency rate of India to other currency means _________. 

 Define or Explain the concept

Real investment 

Give reasons or explain the following statement: 

 A monopolist can control the supply of goods. 

Give reasons or explain the following statement: 

Macro economics is comprehensive in nature. 

Fill in the blank with appropriate alternatives given below:

Marginal utility diminishes, as consumption of commodity ________.

Fill in the blank with appropriate alternatives given below:

_________________ utility is the utility derived from the last unit of the commodity consumed.

Fill in the blank with appropriate alternatives given below:

When MU is ______________ TU decreases.