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

Distinguish between:

Joint/complementary demand and competitive demand.

Find the odd word out:

Direct demand:

Complete the correlation:

Trade between India and Iran : International trade : : Trade between Maharashtra and Madhya Pradesh : ______

Identify and explain the concept from the given illustration:

Maharashtra sold mangoes to Himachal Pradesh.

Explain the concept of internal trade.

Find the odd word out:

Useful products:

Find the odd word out:

Types of demand:

Give an economic term:

Deposits that are withdrawable on demand.

State with reasons whether you agree or disagree with the following statements:

When price of Giffen goods fall, the demand for it increases.

Explain the relationship between Total utility and Marginal utility.

Change in the price of substitute goods affects the demand for another goods.

Population is the only determinant factor of demand.

Explain with reasons, whether you agree or disagree with the following statement

Cash reserve ratio is a quantitative measure of credit control.

Central Bank has the sole power of issuing currency notes.

Answer the following question :

Explain the relationship between ‘total utility’ and ‘marginal utility’.

Define or explain the following concept.

Bank Rate.

Write short answer for the following question :

Explain qualitative meansures of credit contorl adopted by the Central Bank.

Define or Explain the Bank Ratev ?

Explain with reason whether you ‘agree’ or ‘disagree’ with the following statement:

Various factors incluence tha demand for a commodity.