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

Define or Explain the following concept.

Bank Rate 

Distinguish between:

Bank Rate and Open Market Operations

Write short note on:

Bank Rate 

Distinguish between convertible paper money and inconvertible paper money.

Give reason or explain. 

Money works as a store of value. 

Give reason or explain. 

Money is the basis of credit. 

State whether the following statement is true or false.

The difference between a country's exports and imports is termed as net earnings from foreign transactions.

Distinguish between:

Exports and Imports

Laaspeyre's index : _________ :: Paasche's index : Current year quantities

Calculate the price index number from the given data:

Solve the following:

Calculate Quantity Index number from the given data:

Solve the following:

Calculate Value Index number from the given data:

Calculate Laaspeyre's index from the given data:

Solve the following:

Calculate Paasche's index from the given data:

Distinguish between Laaspeyre's Index and Paasche's Index.

Explain the steps involved in the construction of index numbers.

NDP is obtained by ______.

Complete the Correlation:

______ : C + I + G + (X-M) :: GNP : C + I + G + (X-M) + (R-P).

Wrongly matched pair:

Explain the concept of Green GNP.