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

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Economics
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Match the following: 

Group A Group B
1. Central bank a. Quantitative measure of credit
2. Clearing house   b. Apex banking institution
3. Credit control    c. Deliberate buying and selling of government securities
4. Direct action  d. Selective method of credit control
5. Open market operations  e. Central bank
  f. Government
  g. S.L.R. (Statutory Liquidity Ratio)
[2.06] Central Bank
Chapter: [2.06] Central Bank
Concept: undefined >> undefined

State whether the following statement is TRUE and FALSE

Desire means demand.

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

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State whether the following statement is TRUE and FALSE

Desire means 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 statement is TRUE and FALSE

When demand increases, the demand curve shifts to the left.

[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 statement is TRUE and FALSE

When demand increases, the demand curve shifts to the left.

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

State whether the following statement is TRUE and FALSE

Quantity demanded varies directly with price.

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

State whether the following statement is TRUE and FALSE

Quantity demanded varies directly with price.

[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 statement is TRUE and FALSE

Law of demand is explained by Prof. Robbins.

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

State whether the following statement is TRUE and FALSE

Law of demand is explained by Prof. Robbins.

[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 statement is TRUE and FALSE

Individual demand is a demand by single buyer.

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

State whether the following statement is TRUE and FALSE

Individual demand is a demand by single buyer.

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

Define or Explain the following concept.

Prof. Samuelson's definition of Central Bank 

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

Define the following concept.

Open Market Operation 

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

Define or Explain the following concept.

Moral suasion

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

Define or Explain the following concept.

Cash Reserve Ratio 

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

Define the following concept:

Derived demand

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

Define the following concept:

Derived demand

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

Define or explain the following concept:

Direct demand

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

Define or explain the following concept:

Direct demand

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

Give reason or explain.

As a banker to the government, the Central Bank transfers government funds. 

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