HSC Commerce (English Medium) १२ वीं कक्षा - Maharashtra State Board Question Bank Solutions for Economics

Explain the functions of commercial banks.

Clearing house system economises the use of cash.

Distinguish between expansion in demand and increase in demand.

State the determinants of aggregate demand.

What is aggregate supply?

The Central bank may take direct action against the defaulting commercial banks.

The demand for salt is _____________.

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

State whether the following statement is True or False:

The main objective of the Central Bank is to earn a profit.

Distinguish between Individual demand and Market demand.

What is a ‘consumption function’?

Explain the subjective factors which determine consumption function.

Distinguish between the following:

Direct demand and Indirect demand.

Explain the determinants of aggregate supply.

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

There are many types of demands.

What are the determinants of Aggregate demand?

State with reason. Whether you ‘agree’ or ‘disagree’ with the following statement: 

Central Bank is called as the bankers' bank .

Distinguish between the following.

Commercial Bank and Central Bank.

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

Aggregate supply is influenced only by availability of natural resources.

Write explanatory answer:

What is Aggregate demand ? Explain the determinants of Aggregate demand.