HSC Arts (English Medium) इयत्ता १२ वी - Maharashtra State Board Question Bank Solutions

Choose the correct answer :                

 Perfectly elastic demand curve is _________. 

Choose the correct answer :                  

Demand of labour is _______ 

 Choose the correct answer :  

 Demand of electricity for domestic purpose is _________. 

State whether the following statements are TRUE or FALSE : 

 The demand of foodgrains is inelastic.  

The account in which the specific amount is deposited per month regularly is known as ______.

Match the following:
 

State whether the following statement is true or false.

Money facilitates estimation of national income. 

Symbolically, the functional relationship between Demand and Price can be expressed as ______.

A rightward shift in the supply curve shows ______.

Assertion and Reasoning:

Assertion (A): Money market economizes use of cash

Reasoning (R): Money market deals with financial instruments that are close substitutes of money

Find the odd word

Assumptions to law of demand -

The Law of Demand was introduced by ______.

Government borrows from its citizens, banks, central bank etc. is known as ______.

Capital market is a market for ______.

Assertion (A): Raising debt is the most common activity of any government.

Reasoning (R): Government expenditure generally exceeds government revenue.

Identify & explain the concept from the given illustration

Reserve Bank of India helps to raise loans for both the Central and State Governments by selling government bonds, securities etc.

Distinguish Between:

Increase in supply and Decrease in supply

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

There is an inverse relationship between price and demand.

Assertion and reasoning question:

• Assertion (A): The money market economises the use of cash.
• Reasoning (R): The money market does not deal with financial instruments that are close substitutes for money.

Distinguish between internal debt and external debt.