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

Index numbers are very significant/important in economics.

Explain the functions of the commercial bank.

Explain the functions of commercial bank.

Find the odd word out:

Functions of commercial banks:

Complete the correlation:

Demand deposits : Savings deposits : : Time deposits : ______.

Explain why the demand curve slopes downwards.

• Assertion (A): The demand curve slopes downwards.
• Reasoning (R): A fall in the price of goods increases the real income of the consumer enabling him/her to buy more.

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

Study the following table and answer the questions:

Questions:

1. Complete the above table.
2. State whether the following statements are True or False.
   (a) Market supply has a direct relation to price.
   (b) As the price rises from ₹50 to ₹250, market supply rises from 7 to 39. This indicates an increase in supply.

Study the following diagram and answer the questions:

Questions:

1. In which direction does the demand curve slope?
2. What is the reason for the fall in demand of rice from Q₀ to Q₁?

Trends shown by Public expenditure of any Government shows following trend.  

1. Constant
2. Increasing
3. Decreasing
4. Fluctuating

Explain the functions of commercial bank.

Trends shown by Public expenditure of any Government shows following trend.

1. Constant
2. Increasing
3. Decreasing
4. Fluctuating

Distinguish between: 

Recurring deposits and Fixed deposits

Explain the functions of a commercial bank.

Trends shown by Public expenditure of any Government shows following trend.

1. Constant
2. Increasing
3. Decreasing
4. Fluctuating

Explain the functions of commercial bank.

Explain the functions of commercial bank.