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

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Economics
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Distinguish between the following:

Direct demand and Indirect demand.

[1.03] Analysis of Demand and Elasticity of Demand
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
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Explain the determinants of aggregate supply.

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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What are the determinants of Aggregate demand?

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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State with reason. Whether you ‘agree’ or ‘disagree’ with the following statement: 

Central Bank is called as the bankers' bank .

[2.06] Central Bank
Chapter: [2.06] Central Bank
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Distinguish between the following.

Commercial Bank and Central Bank.

[2.06] Central Bank
Chapter: [2.06] Central Bank
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Explain with reason, whether you agree or disagree with the following statement:

Aggregate supply is influenced only by availability of natural resources.

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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Write explanatory answer:

What is Aggregate demand ? Explain the determinants of Aggregate demand.

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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Define or explain the following concepts (Any THREE): 

Individual demand 

[1.03] Analysis of Demand and Elasticity of Demand
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
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Match the following Group ‘A’ with Group ‘B’:   

Group ‘A’ Group ‘B’
(a) Electricity (1) Joint demand
(b) Perfectly elastic demand (2) Lord Keynes
(c) Aggregate supply (3) Prof. Pigou
(d) Propensity to consume (4) Fixed deposits
(e) Higher interest rate (5) Composite demand
  (6) Demand curve parallel to ‘X’ axis
  (7) Natural resources
[1.03] Analysis of Demand and Elasticity of Demand
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
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State with reason whether you agree or disagree with the following statements. (any Three) 

Aggregate demand  depand only on the consumption expenture. 

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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Define of Explain the following concept.  

 Market 

[1.01] Introduction to Micro Economics
Chapter: [1.01] Introduction to Micro Economics
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Rewrite the following sentences by using proper substitute given in the bracket: 

 The nature of the market of barter system is ________.  

[1.01] Introduction to Micro Economics
Chapter: [1.01] Introduction to Micro Economics
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 Rewrite the following sentences by using proper substitute given in the bracket: 

 There is lack of ________ in monopoly.  

[1.01] Introduction to Micro Economics
Chapter: [1.01] Introduction to Micro Economics
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 Explain the following concepts or give definitions. 

Depreciation  

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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State whether the following statements are True or False with reasons (Any Four) :

The Central bank works as a Bankers’ Bank. 

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

Define or Explain the concept 

 Perfectly elastic demand  

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

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

Demand for medicine is inelastic. 

 

[1.03] Analysis of Demand and Elasticity of Demand
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
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State whether the following statements are True or False with reason: 

Income earned from foreign investment is considered for aggregate demand. 

[2.03] Determinants of Aggregates
Chapter: [2.03] Determinants of Aggregates
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Distinguish between Joint demand and Composite demand. 

[1.03] Analysis of Demand and Elasticity of Demand
Chapter: [1.03] Analysis of Demand and Elasticity of Demand
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Define or Explain.

Fine and Penalty 

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