Advertisements
Advertisements
Identify & explain the concept from the given illustration.
Kavita consumed an additional unit of bread to satisfy her hunger.
Concept: undefined >> undefined
Distinguish Between:
Total Utility and Marginal Utility
Concept: undefined >> undefined
Advertisements
Explain the relationship between total utility and marginal utility
Concept: undefined >> undefined
State with reason whether you agree or disagree with the following statement
When total utility is maximum, marginal utility is zero.
Concept: undefined >> undefined
State with reason whether you agree or disagree with the following statement:
There is a direct relationship between price and quantity supplied.
Concept: undefined >> undefined
Study the following table, figure, passage and answer the question below it:
| Units | Total Utility | Marginal Utility |
| 1. | 40 | ______ |
| 2. | 60 | 20 |
| 3. | 70 | 10 |
| 4. | ______ | 0 |
| 5. | 60 | -10 |
- Complete the table ______ (1m )
- When Total utility falls Marginal utility is_______ (1m)
- Draw total utility and marginal utility curve______ (2m)
Concept: undefined >> undefined
Give economic terms:
Additional utility derived by a consumer from an additional unit consumed.
Concept: undefined >> undefined
Assertion (A): Marginal utility (MU) goes on diminishing.
Reasoning (R): Total utility (TU) increases at a diminishing rate.
Concept: undefined >> undefined
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.
Concept: undefined >> undefined
Identify and explain the following concept.
Lucy deposited a Lump sum amount of ₹1,00,000/- in the Bonk of India for the period of one year.
Concept: undefined >> undefined
Study the following table, figure, and passage, and answer the questions given below it.
| Commercial banks act as intermediaries in the country's financial system to bring savers and investors together. They are profit-seeking financial institutions. Due to bank nationalisation in 1969, there was an increase in Loan disbursement in urban and rural areas. Agriculture and retail traders started getting more loons. Those sectors which were not getting Loons before 1969, started getting loons in post nationalisation period. After the nationalisation of the bank branch expansion took place. There has been diversification in the functions of banks. Commercial Banks are providing different types of services like safe deposit lockers, D-mat facilities, internet banking, mobile banking, etc. |
- Write any two benefits of bank nationalisation.
- Write various services provided by banks.
- Write your opinion about the above passage.
Concept: undefined >> undefined
Assertion (A): Elasticity of demand explains that one variable is influenced by another variable.
Reasoning (R): The concept of elasticity of demand indicates the effect of price and changes in other factors on demand.
Concept: undefined >> undefined
Explain the functions of the commercial bank.
Concept: undefined >> undefined
Explain the functions of commercial bank.
Concept: undefined >> undefined
Constituents in the organised money market in India:
- Commercial banks
- Moneylenders
- Traders
- Discount and Finance House of India
Concept: undefined >> undefined
Complete the correlation:
X : Export : : ______ : Import
Concept: undefined >> undefined
State with reasons whether you agree or disagree with the following statement:
The elasticity of demand gets influenced by the nature of the commodity.
Concept: undefined >> undefined
Study the following table and answer the questions:
| Price of Pen (₹) | Demand for Pen |
| 10 | 500 |
| `square` | 400 |
| 30 | `square` |
| `square` | 200 |
| 50 | `square` |
Questions:
- Complete the above table.
- Which type of relationship is found between the price of a pen and demand for the pen?
Concept: undefined >> undefined
Find the odd word out:
Functions of commercial banks:
Concept: undefined >> undefined
Complete the correlation:
Demand deposits : Savings deposits : : Time deposits : ______.
Concept: undefined >> undefined
