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

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

Central Bank is the Bank of Issue. 

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

Central Bank having monopoly of note issue is most appropriate institute of the government. 

Answer the following question
What are the contingent functions of money? 

Explain primary, secondary and contingent functions of money.

Fill in the blank with appropriate alternatives given below

Medium of exchange is __________ function of money. 

Fill in the blank with appropriate alternatives given below

Intersection between aggregate demand and aggregate supply curves determines the point of __________ demand. 

Give reason or explain.

Investment demand is not the sole determinant of aggregate demand.

Do you agree with the following statement? Give reason.

Macro-Economics is individualistic

Answer in detail
Explain the scope and subject matter of Macro-Economics.

State the following statement is true or false.

Study of price determination is a subject matter of Macro-Economics.

State the following statement is true or false.

Micro-Economics deals with the study of aggregates.

State the following statement is true or false.

National output is an example of macro variable.

Define or Explain the following concept

Macro variables

Define or Explain the following concept

General equilibrium

Give reason or explain the following statement

Macro-Economics deals with whole economy.

Give reason or explain the following statement

Macro-Economics is different from Micro-Economics.

Distinguish between the following:

Slicing method and Lumping method

Define or explain the following concept:

Variable capital

Give reason or explain:

Raw material is considered as a variable capital.

State whether the following statement is TRUE and FALSE.

Capital is a natural factor of production.