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

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Economics
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State whether the following statements are TRUE or FALSE with reason. 

Cheque is not legal tender money. 

[2.04] Money
Chapter: [2.04] Money
Concept: undefined >> undefined

 Distinguish between Any FOUR of the following :        

 Income method and Expenditure method. 

[1.01] Introduction to Micro Economics
Chapter: [1.01] Introduction to Micro Economics
Concept: undefined >> undefined

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State with reason, whether you Agree or Disagree with the following statement. 

The demand curve slopes downward from left to right.

[1.03] Analysis of Demand and Elasticity of Demand
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
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 Answer in detail. 

 Explain the functions of Central Bank.  

[2.06] Central Bank
Chapter: [2.06] Central Bank
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Choose the correct answer :      

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

[1.02] Consumers Behavior
Chapter: [1.02] Consumers Behavior
Concept: undefined >> undefined

Choose the correct answer :                 

 The Government budget is for _________.  

[2.07] Public Economics
Chapter: [2.07] Public Economics
Concept: undefined >> undefined

 Give reasons or explain the following statements : 

The Entrepreneur is called as a leader of the organisation. 

[1.06] Factors of Production
Chapter: [1.06] Factors of Production
Concept: undefined >> undefined

Write explanatory notes or answer the following.

 Aggregate demand 

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

Do you agree with the following statements? Give reasons. 

Marginal utility and Total utility is same. 

[1.02] Consumers Behavior
Chapter: [1.02] Consumers Behavior
Concept: undefined >> undefined

Fill in the blanks with appropriate alternatives given in the bracket.  

 Marginal consumption function is always ________. 

[1.02] Consumers Behavior
Chapter: [1.02] Consumers Behavior
Concept: undefined >> undefined

Choose the correct answer :   

Currency rate of India to other currency means _________. 

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

 Define or Explain the concept

Real investment 

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
Concept: undefined >> undefined

Give reasons or explain the following statement: 

 A monopolist can control the supply of goods. 

[2.01] Introduction to Macro Economics
Chapter: [2.01] Introduction to Macro Economics
Concept: undefined >> undefined

Give reasons or explain the following statement: 

Macro economics is comprehensive in nature. 

[2.01] Introduction to Macro Economics
Chapter: [2.01] Introduction to Macro Economics
Concept: undefined >> undefined

Fill in the blank with appropriate alternatives given below:

Marginal utility diminishes, as consumption of commodity ________.

[1.02] Consumers Behavior
Chapter: [1.02] Consumers Behavior
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.

[1.02] Consumers Behavior
Chapter: [1.02] Consumers Behavior
Concept: undefined >> undefined

Fill in the blank with appropriate alternatives given below:

When MU is ______________ TU decreases.

[1.02] Consumers Behavior
Chapter: [1.02] Consumers Behavior
Concept: undefined >> undefined

State the following statement is True or False:

MU and TU are equal at the initial stage.

[1.02] Consumers Behavior
Chapter: [1.02] Consumers Behavior
Concept: undefined >> undefined

Define the following concept:

Total utility

[1.02] Consumers Behavior
Chapter: [1.02] Consumers Behavior
Concept: undefined >> undefined

Explain the following concept:

Marginal utility 

[1.02] Consumers Behavior
Chapter: [1.02] Consumers Behavior
Concept: undefined >> undefined
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