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

Assertion (A): Commercial banks can control credit.

Reasoning (R): Commercial banks function to earn profit.

Identify and explain the concept from the given illustration:

Sara deposited a lump sum amount of ₹25,000 in the State Bank of India for a period of one year.

Distinguish between:

Current Deposits and Recurring Deposits

Assertion (A) : A change in quantity demanded of one commodity due to a change in the price of other commodity is cross elasticity.

Reasoning (R) : Changes in consumers income leads to a change in the quantity demanded.

Assertion (A) : Money market economizes use of cash

Reasoning (R) : Money market deals with financial instruments that are close substitutes of money

Explain the functions of commercial bank.

Find the odd word out:

Features of National Income:

Explain the functions of a commercial bank.

Complete the correlation:

Money market : Short term funds : : ______ : Long term funds. 

Clearing house system economises the use of cash.

Distinguish between expansion in demand and increase in demand.

State the determinants of aggregate demand.

What is aggregate supply?

The Central bank may take direct action against the defaulting commercial banks.

The demand for salt is _____________.

A perfectly inelastic demand curve is parallel to 'Y' axis.

State whether the following statement is True or False:

The main objective of the Central Bank is to earn a profit.

Distinguish between Individual demand and Market demand.

What is a ‘consumption function’?

Explain the subjective factors which determine consumption function.