CBSE Class-12 Economics: Questions 93 - 102 of 523

Get 1 year subscription: Access detailed explanations (illustrated with images and videos) to 523 questions. Access all new questions we will add tracking exam-pattern and syllabus changes. View Sample Explanation or View Features.

Rs. 900.00 or

Question number: 93

» Consumer's Equilibrium and Demand » Consumer's Equilibrium

One Liner Question▾

Write in Brief

What happens to equilibrium price of a commodity if there is an ‘increase’ in its demand and ‘decrease’ in its supply?

Question number: 94

» Money and Banking » Money Creation

One Liner Question▾

Write in Brief

If planned savings are greater than planned investment, what will be its effect on inventories?

Question number: 95

» Government Budget and the Economy » Government Budget

Short Answer Question▾

Write in Short

How can budgetary policy be used for allocation of resources in the economy?

Question number: 96

» Consumer's Equilibrium and Demand » Indifference Curve Analysis

Short Answer Question▾

Write in Short

Explain the following:

(a) Why is an indifference curve convex to the origin?

(b) Why does a higher indifference curve represent a higher level of satisfaction?

Question number: 97

» Money and Banking » Money Creation

Essay Question▾

Describe in Detail

Explain the process of money creation by commercial banks.

Explanation

Money creation (or deposit creation or credit creation) by the banks is determined by

(1) the amount of the initial fresh deposits and

(2) the Legal Reserve Ratio (LRR),

the minimum ratio of deposit legally required to be kept as cash by the banks. It is assumed that all the… (159 more words) …

Question number: 98

» Money and Banking » Central Bank & Its Functions » Govt. Bank

Short Answer Question▾

Write in Short

Explain the function of a Central Bank as a banker to the government.

Question number: 99

» Producer Behaviour and Supply » Revenue

Short Answer Question▾

Write in Short

Define marginal revenue. State the relation between marginal revenue and average revenue when a firm:

(i) is able to sell more quantity of output at the same price.

(ii) is able to sell more quantity of output only by lowering the price.

Question number: 100

» Market and Price Determination » Market Types

One Liner Question▾

Write in Brief

What induces new firms to enter an industry?

Question number: 101

» Government Budget and the Economy » Government Budget

Short Answer Question▾

Write in Short

What is a government budget? Give the meaning of:

a) Revenue deficit

b) Fiscal deficit

Question number: 102

» Balance of Payments » Foreign Exchange Rate

One Liner Question▾

Write in Brief

The price of 1 US Dollar has fallen from Rs. 50 to Rs. 48. Has the Indian currency appreciated or depreciated?

Sign In