HSC Commerce (English Medium) 12th Standard Board Exam - Maharashtra State Board Important Questions for Economics

Give reason or explain the following.

Clearing house facility by central bank Economises the use of cash.

Give reason or explain the following.

Central bank acts as a banker to the government.

State with reason whether you 'agree' or 'disagree' with the following statement.

Central bank is a bank which issues notes.

Answer the following question.
What are the sources of non - tax revenue ? 

State with reason Whether you 'agree' or 'disagree' with the following statement .
Central bank works as a banker to the goverment.

In India budget is presented in the Parliament by the ............................................

(Prime Minister / Finance Minister / Chief Minister / Defence Minister)

During the period of inflation surplus budget is advisable.

Explain the budget expenditure of the government.

Distinguish between the following

Revenue budget and Capital budget.

Define the following concept:

Budget

State whether the following statement is True or False :

Budget is a monthly statement - False.

Write short answer for the following question:

What are the Typing of Budget.

Fill in the blank with proper alternatives given in the bracket:

Budget is the _________________ of the revenue and expenditure of the coming year. 

Fill in the blank using proper alternatives given in the bracket:

During depression .............. budget is preferable.

Write short Answer for the following question:

Explain the components of government budget ?

Write short notes (Any Two)

Revenue Receipts

State whether the following statement is True or False with reason:    

Autonomous consumption expenditure cannot be zero.

Write explanatory note.

Components of Government budget.