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

______ : Commercial bank :: Credit control : Central bank

Aggregate of utility derived by the consumer from all units of a commodity consumed −

Deposits that are repayable after a certain period of time –

Find the odd word

Organized sector -

In relationship between Total Utility & Marginal Utility, MU (Marginal Utility) of a commodity becomes negative when TU (Total Utility) of a commodity is ______.

Deposits that are withdrawable on demand are known as ______.

Buying and selling of goods and services within the boundaries of a nation are referred to as ______.

Assertion (A): Credit control is an important function of commercial banks.

Reasoning (R): Commercial banks create deposits out of loans given thereby leading to credit creation.

Identify & explain the concept from the given illustration.

Kavita consumed an additional unit of bread to satisfy her hunger.

Identify & explain the concept from the given illustration.

AVM bank provides d-mat facility, internet banking, and mobile banking facilities to its customers.

Identify & explain the concept from the given illustration.

Tamil Nadu purchases wheat from Punjab and Uttar Pradesh.

Distinguish Between:

Total Utility and Marginal Utility

Explain the relationship between total utility and marginal utility

Explain any four types of demand.

Explain the structure of organized sector of money market in India

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

When total utility is maximum, marginal utility is zero.

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

Issue of currency notes is the only function of Reserve Bank of India.

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

Commercial banks create credit.

Study the following table, figure, passage and answer the question below it:

1. Complete the table ______ (1m )
2. When Total utility falls Marginal utility is_______ (1m)
3. Draw total utility and marginal utility curve______ (2m)

PASSAGE

Post-liberalization, public sector banks have diversified into non- traditional activities such as mutual funds, merchant banking, venture capital funding etc. There is also growth in parabanking activities such as leasing, hire-purchase and factoring services.

Merchant banking includes issue management, project counselling, working capital financing, foreign currency loans, portfolio management etc.

Retail banking offers financial services to individuals for personal consumption such as housing loans, loans for purchase of consumer durables, auto loans, educational loans, credit cards etc.

Banks have been permitted to enter into the life insurance business.

1. Identify the areas of diversification undertaken by public sector banks post-liberalization (1 mark)
2. Mention the financial services offered under retail banking. (1mark)
3. Give your personal opinion based on the above passage. (2 marks)