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

Distinguish between Internal trade and International trade.

Give an economic term:

A commodity which can be put to several uses. 

Structure of organized sector of money market:

1. Reserve Bank of India
2. Commercial banks
3. Co-operative banks
4. Indigenous bankers

Classification of commercial banks in India:

1. Public sector banks
2. Private sector banks
3. Foreign banks
4. Central bank

______ : Commercial bank :: Credit control : Central bank

Aggregate of utility derived by the consumer from all units of a commodity consumed −

Deposits that are repayable after a certain period of time –

Find the odd word

Organized sector -

In relationship between Total Utility & Marginal Utility, MU (Marginal Utility) of a commodity becomes negative when TU (Total Utility) of a commodity is ______.

Deposits that are withdrawable on demand are known as ______.

Buying and selling of goods and services within the boundaries of a nation are referred to as ______.

Assertion (A): Credit control is an important function of commercial banks.

Reasoning (R): Commercial banks create deposits out of loans given thereby leading to credit creation.

Identify & explain the concept from the given illustration.

Kavita consumed an additional unit of bread to satisfy her hunger.

Identify & explain the concept from the given illustration.

AVM bank provides d-mat facility, internet banking, and mobile banking facilities to its customers.

Identify & explain the concept from the given illustration.

Tamil Nadu purchases wheat from Punjab and Uttar Pradesh.

Distinguish Between:

Total Utility and Marginal Utility

Explain the relationship between total utility and marginal utility

Explain any four types of demand.

Explain the structure of organized sector of money market in India

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

When total utility is maximum, marginal utility is zero.