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

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The terms Micro and Macro Economics were first used by _____________.

[1.01] Introduction to Micro Economics
Chapter: [1.01] Introduction to Micro Economics
Concept: Introduction and Features of Micro Economics

Demand for necessaries is................

(elastic / inelastic / infinitely elastic / unitary elastic)

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

Accepting deposits from the public is the................................. function of Commercial Bank.

(secondary / general / primary / incidental)

[2.05] Commercial Bank
Chapter: [2.05] Commercial Bank
Concept: Commercial Banks

 

 

 Group "A"

 

 Group "B"

(a)

Demand for electricity

(1)

Rent

(b)

Perfectly elastic supply                             

(2)

Transfer income

(c)

Land

(3)

Dear money policy

(d)

Pension

(4)

Composite demand

(e)

Inflation

(5)

Horizontal supply curve

 

 

(6)

Part of national income

 

 

(7)

Vertical supply curve

 

 

(8)

Cheap money policy

[1.01] Introduction to Micro Economics
Chapter: [1.01] Introduction to Micro Economics
Concept: Introduction and Features of Micro Economics

Income elasticity of demand for inferior goods is negative.

[0.032] Elasticity of Demand
Chapter: [0.032] Elasticity of Demand
Concept: Elasticity of Demand

Income elasticity of demand for inferior goods is negative.

[0.032] Elasticity of Demand
Chapter: [0.032] Elasticity of Demand
Concept: Elasticity of Demand

Meaning and Definition of Micro Economics?

[1.01] Introduction to Micro Economics
Chapter: [1.01] Introduction to Micro Economics
Concept: Introduction and Features of Micro Economics

Relatively elastic supply

[1.04] Analysis of Supply
Chapter: [1.04] Analysis of Supply
Concept: Concept of Supply

National income

[0.07] National Income
Chapter: [0.07] National Income
Concept: Concept of National Income

National income

[2.02] National Income
Chapter: [2.02] National Income
Concept: Concept of National Income

Micro Economics studies behaviours of individual economic unit.

[1.01] Introduction to Micro Economics
Chapter: [1.01] Introduction to Micro Economics
Concept: Introduction and Features of Micro Economics

Demand for the commodity having multiple uses has elastic demand.

[0.032] Elasticity of Demand
Chapter: [0.032] Elasticity of Demand
Concept: Elasticity of Demand

With the increase in income, both consumption and savings increase.

[2.02] National Income
Chapter: [2.02] National Income
Concept: Concept of National Income

With the increase in income, both consumption and savings increase.

[0.07] National Income
Chapter: [0.07] National Income
Concept: Concept of National Income

Total Cost and Total Revenue.

[0.07] National Income
Chapter: [0.07] National Income
Concept: Concept of National Income

Total Cost and Total Revenue.

[2.02] National Income
Chapter: [2.02] National Income
Concept: Concept of National Income

Total Cost and Total Revenue.

[0.07] National Income
Chapter: [0.07] National Income
Concept: Concept of National Income

Total Cost and Total Revenue.

[2.02] National Income
Chapter: [2.02] National Income
Concept: Concept of National Income

Distinguish between Gross National Product and Net National Product.

[2.02] National Income
Chapter: [2.02] National Income
Concept: Concept of National Income

Distinguish between Gross National Product and Net National Product.

[0.07] National Income
Chapter: [0.07] National Income
Concept: Concept of National Income
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Question Bank Solutions for HSC Science (Electronics) 12th Board Exam Maharashtra State Board Economics. You can further filter Question Bank Solutions by subjects and topics. Solutions for most of the questions for Maharashtra State Board can be found here on Shaalaa.com. You can use these solutions to prepare for your studies and ace in exams. Solving questions is a great way to practice and with Shaalaa.com, you can answer a question and then also check your answer with the solutions provided.
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