HSC Science (General) १२ वीं कक्षा - Maharashtra State Board Question Bank Solutions for Economics

Give reason or explain.

Aggregate demand is a positive function of the level of employment and output.

Distinguish between:

Aggregate Demand and Aggregate Supply

Write Short note on:

Average Propensity to Consume

Write Short note on:

Marginal Propensity to Consume

Answer the following question:
What are the determinants of Aggregate Demand (AD)?

Answer the following question:
What are the determinants of Aggregate Supply (AS)?

State with reason whether you agree or disagree with the following statement.

Aggregate demand depends only on the consumption expenditure.

State with reason whether you agree or disagree with the following statement.

Aggregate supply is influenced by the state of technology only.

State with reason whether you agree or disagree with the following statement.

Positive net earnings from foreign transactions add to aggregate demand.

Answer in detail.
Explain the determinants of aggregate demand.

Answer in detail.
What is Aggregate Supply? Explain the determinants of Aggregate Supply.

Answer in detail.
Explain the equilibrium between Aggregate Demand and Aggregate Supply.

State with reason whether you 'agree' or 'disagree' with the following statement.

Central bank is a bank which issues notes.

Write explanatory answer.
What is 'aggregate supply'? Explain the determinants of aggregate supply.

Explain the two-sector model of the circular flow of National Income.

Complete the following statement:

Commercial banks act as intermediaries in the financial system to ______.

Complete the correlation:

______ : Central bank :: SBI : Commercial Bank

Assertion (A): Foreign exchange management and control is undertaken by commercial banks.

Reasoning (R): RBI has to maintain the official rate of exchange of the rupee and ensure its stability.

Explain the functions of RBI.

Identify and explain the concept from the given illustration:

Maharashtra purchased wheat from Punjab.