HSC Arts (English Medium) 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions for Economics

Define or Explain the concept 

 Perfectly elastic demand  

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

Demand for medicine is inelastic. 

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

Income earned from foreign investment is considered for aggregate demand. 

Distinguish between Joint demand and Composite demand. 

Define or Explain.

Fine and Penalty 

Define the following concept:

Demand

Define or Explain the following concept.

Clearing House System

Define or explain the following concept:

Increase in demand

Explain the following concept:

Market demand schedule

Give reason or explain.

The CRR affects the lending capacity of the banks. 

Distinguish between:

Cash Reserve Ratio and Statutory Liquidity Ratio

Write short note on:

Regulation of Margin Requirements

Write Short note on : 
Cash Reserve Ratio (CRR)

Answer the following question:

“Central Bank of the country has the monopoly of note issue.” Explain. 

Write short note:

Giffen's paradox

Answer the following question:

Explain the Data Collection and Publicity functions of the Central Bank.

Write short note:

Concept of demand

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

A co-operative bank acts as a lender of the last resort. 

Explain the functions of the Central Bank. 

Fill in the blank with appropriate alternatives given below

The General Theory of Employment, Interest and Money was written by __________.