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HSC Science (Computer Science) इयत्ता १२ वी - Maharashtra State Board Question Bank Solutions for Economics

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

Group ‘A’

Group ‘B’

(a)
 
Economics (1) not steady
(b)
 
Reward of capital (2) 1 April, 1935
(c)
 
Value of money (3) Social science
(d)
 
Establishment of Central Bank (4) Income from commodity tax
(e) Sales tax (5) Natural science
 
    (6) Interest
 
    (7) 1 April, 1939
[2.06] Central Bank
Chapter: [2.06] Central Bank
Concept: undefined >> undefined

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

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

[2.06] Central Bank
Chapter: [2.06] Central Bank
Concept: undefined >> undefined

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Fill in the blank with appropriate alternatives given below:

Marginal utility diminishes, as consumption of commodity ________.

[2] Utility Analysis
Chapter: [2] Utility Analysis
Concept: undefined >> undefined

Fill in the blank with appropriate alternatives given below:

_________________ utility is the utility derived from the last unit of the commodity consumed.

[2] Utility Analysis
Chapter: [2] Utility Analysis
Concept: undefined >> undefined

Fill in the blank with appropriate alternatives given below:

When MU is ______________ TU decreases.

[2] Utility Analysis
Chapter: [2] Utility Analysis
Concept: undefined >> undefined

State the following statement is True or False:

MU and TU are equal at the initial stage.

[2] Utility Analysis
Chapter: [2] Utility Analysis
Concept: undefined >> undefined

Define the following concept:

Total utility

[2] Utility Analysis
Chapter: [2] Utility Analysis
Concept: undefined >> undefined

Explain the following concept:

Marginal utility 

[2] Utility Analysis
Chapter: [2] Utility Analysis
Concept: undefined >> undefined

Give reason or explain:

Utility is a psychological term. 

[2] Utility Analysis
Chapter: [2] Utility Analysis
Concept: undefined >> undefined

Give reason or explain:

Utility is ethically neutral.

[2] Utility Analysis
Chapter: [2] Utility Analysis
Concept: undefined >> undefined

Write short note on:

Equi-marginal utility

[2] Utility Analysis
Chapter: [2] Utility Analysis
Concept: undefined >> undefined

Answer the following question:

Explain the relationship between TU and MU.

[2] Utility Analysis
Chapter: [2] Utility Analysis
Concept: undefined >> undefined

State with reason whether you agree or disagree:

 When MU is zero, TU diminishes.

[2] Utility Analysis
Chapter: [2] Utility Analysis
Concept: undefined >> undefined

State whether the following statement is TRUE or FALSE.

Credit rationing is quantitative credit control measure of Central bank. 

[2.06] Central Bank
Chapter: [2.06] Central Bank
Concept: undefined >> undefined

State whether the following statement is TRUE or FALSE.

Regulation of Consumer Credit is a quantitative credit control measure of Central Bank. 

[2.06] Central Bank
Chapter: [2.06] Central Bank
Concept: undefined >> undefined

Give reason or explain.

Clearing house system economises the use of cash. 

[2.06] Central Bank
Chapter: [2.06] Central Bank
Concept: undefined >> undefined

Distinguish between:

Quantitative Credit Control Measures and Qualitative Credit Control Measures

[2.06] Central Bank
Chapter: [2.06] Central Bank
Concept: undefined >> undefined

Write short note on:

Issuing Directives 

[2.06] Central Bank
Chapter: [2.06] Central Bank
Concept: undefined >> undefined

Write short note on:

Central Bank's measure of regulation of consumer credit 

[2.06] Central Bank
Chapter: [2.06] Central Bank
Concept: undefined >> undefined

Distinguish between:

Individual demand and market demand

[1.03] Analysis of Demand and Elasticity of Demand
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
Concept: undefined >> undefined
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