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

State with reasons whether you agree or disagree with the following statements:

When price of Giffen goods fall, the demand for it increases.

Explain the relationship between Total utility and Marginal utility.

Change in the price of substitute goods affects the demand for another goods.

Population is the only determinant factor of demand.

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

Cash reserve ratio is a quantitative measure of credit control.

Central Bank has the sole power of issuing currency notes.

Define or explain the following concept.

Bank Rate.

Write short answer for the following question :

Explain qualitative meansures of credit contorl adopted by the Central Bank.

Define or Explain the Bank Ratev ?

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

Various factors incluence tha demand for a commodity.

Define or explain the following concepts.

Clearing house

 State whether the following statements are TRUE or FALSE:  

 Marginal utility increases with increase in consumption. 

 State whether the following statements are TRUE or FALSE:  

 In deficit budget, expenditure is more than income. 

Choose the correct answer :      

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

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 ________. 

 Match the following Group ‘A’ with Group ‘B’ :            

State whether the following statements are True or False with reason: 

Due to clearing house of the Central Bank cash money is saved. 

Fill in the blank with appropriate alternatives given below:

Marginal utility diminishes, as consumption of commodity ________.