Economics – Important Questions Bank for Maharashtra Board HSC 2016 Examination.

• Explain types of monopoly 
• concept of balance budget
• What is Law of supply and state its determinants
• Explain law of DMU( Diminishing Marginal Utility) what are its assumptions
• Define Central Bank & Functions of Central Bank*
•  Scope and Subject Matter of Macro-Economics
• What are the Qualitative method of credit control by RBI( Reserve Bank of India)*
• Write explanatory note on Features of micro economics.
• Write explanatory note on Government expenditure.
• Write explanatory note on Components of Government budget.
• Explain any two method of measuring national income.
• Explain Keynesian psychological law of consumption.
• Historical review of microeconomics.
• Price determination under perfect competition.
• Good money has many qualities.
•  There is difference between stock and supply.
• What is elasticity of demand? Explain the types of price elasticity of demand.
• Secondary Functions of Commercial Bank.
•  Relationship between Total Utility and Marginal Utility.
• Explain Types of Demand
• What are the Qualitative Method Credit Control by RBI.
• What are the factors Determinants of Consumption Function?
• Central Bank does not work as a banker to the government.
• Define Law of Demand? Explain its Assumption?
• Explain Variation and change in demand?
• Explain Individual and Market Demand
• Features of Land?
• What are the Types of Investment Expenditure?
•  Features of Perfect Competition?
• JOINT DEMAND
• INDIVIDUAL DEMAND
•  Revenue Receipt V/S Capital Receipt.
• Total Utility V/S Marginal Utility
• Paper money V/S Metallic Money
• Central Bank V/S Commercial bank
• Direct Tax V/S Indirect Tax
• Explain the following terms: Capital ; Giffin Paradox ; Stock ; Increase in Demand ; Marginal cost.
• Define Law of Supply? Explain its Exception
• Determinants of Aggregate Demand
• What are the Quantitative method of Credit Control by the Central Bank.
• What are the Exception to the Law of Demand?
•  Utility and Usefulness are one and the same concept.
• There are three major method of measuring National Income.
• Consumption function
• Macro economics studies behavior of individual unit.
• There are no difficulties in measuring national income.

*(Mostly Repeated Question)

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