HSC Commerce: Marketing and Salesmanship 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions

Choose the correct answer :   

Currency rate of India to other currency means _________. 

 Define or Explain the concept

Real investment 

Give reasons or explain the following statement: 

 A monopolist can control the supply of goods. 

Give reasons or explain the following statement: 

Macro economics is comprehensive in nature. 

Fill in the blank with appropriate alternatives given below:

Marginal utility diminishes, as consumption of commodity ________.

Fill in the blank with appropriate alternatives given below:

_________________ utility is the utility derived from the last unit of the commodity consumed.

Fill in the blank with appropriate alternatives given below:

When MU is ______________ TU decreases.

State the following statement is True or False:

MU and TU are equal at the initial stage.

Define the following concept:

Total utility

Explain the following concept:

Marginal utility 

Give reason or explain:

Utility is a psychological term. 

Give reason or explain:

Utility is ethically neutral.

Write short note on:

Equi-marginal utility

Answer the following question:

Explain the relationship between TU and MU.

Explain any four exceptions of the law of Diminishing marginal utility.

State with reason whether you agree or disagree:

 When MU is zero, TU diminishes.

Fill in the blank with appropriate alternatives given below

Central bank has the __________ of note issue.

Fill in the blank with appropriate alternatives given below

The central bank acts as a ____________ of cash reserves of the country.

Define or Explain the following concept.

Central Bank as Bank of Issue 

Answer the following question:

How does a Central Bank (for example RBI) transfer funds from one place to another? Illustrate.