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HSC Science (Electronics) 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions for Economics

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Fill in the blank with appropriate alternatives given below:

Indirect demand is also known as _____________ demand.

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

Fill in the blank with appropriate alternatives given below

____________ is the apex body of the monetary and banking systems of the nation's economy.

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

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Fill in the blank with appropriate alternatives given below

Reserve Bank of India was established in _____________.

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

Match the following:
 

Group A
Group B
1. Demand and price
a. Substitute goods
2. Tea and coffee
b. Inverse relation
3. Inferior goods
c. Joint demand
4. Factors of production
d. Distribution of income
5. Pen and ink
e. Composite demand
 
f. Giffen goods
 
g. Indirect demand
[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
Concept: undefined >> undefined

Match the following:
 

Group A
Group B
1. Demand and price
a. Substitute goods
2. Tea and coffee
b. Inverse relation
3. Inferior goods
c. Joint demand
4. Factors of production
d. Distribution of income
5. Pen and ink
e. Composite demand
 
f. Giffen goods
 
g. Indirect 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

Demand curve slopes upward from left to right.

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

State whether the following statement is TRUE and FALSE

Demand curve slopes upward from left to right.

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

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

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.

[3.1] Demand Analysis
Chapter: [3.1] Demand Analysis
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

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.

[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

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
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