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

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

Positive net earnings from foreign transactions add to aggregate demand.

Answer in detail.
Explain the determinants of aggregate demand.

Answer in detail.
What is Aggregate Supply? Explain the determinants of Aggregate Supply.

Answer in detail.
Explain the equilibrium between Aggregate Demand and Aggregate Supply.

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

Central bank is a bank which issues notes.

Write explanatory answer.
What is 'aggregate supply'? Explain the determinants of aggregate supply.

Explain the two-sector model of the circular flow of National Income.

Complete the following statement:

Commercial banks act as intermediaries in the financial system to ______.

Complete the correlation:

______ : Central bank :: SBI : Commercial Bank

Assertion (A): Foreign exchange management and control is undertaken by commercial banks.

Reasoning (R): RBI has to maintain the official rate of exchange of the rupee and ensure its stability.

Explain the functions of RBI.

Identify and explain the concept from the given illustration:

Maharashtra purchased wheat from Punjab.

Distinguish between Internal trade and International trade.

Give an economic term:

A commodity which can be put to several uses. 

Structure of organized sector of money market:

1. Reserve Bank of India
2. Commercial banks
3. Co-operative banks
4. Indigenous bankers

Classification of commercial banks in India:

1. Public sector banks
2. Private sector banks
3. Foreign banks
4. Central bank

______ : Commercial bank :: Credit control : Central bank

Aggregate of utility derived by the consumer from all units of a commodity consumed −

Deposits that are repayable after a certain period of time –

Find the odd word

Organized sector -