Introduction — Economics STD 12 Humanities & Commerce — Question

Giving reasons, state whether the following statements are true or false.
To increase the money supply in the economy central bank increases the margin requirements.

Current account is a part of balance of trade. (True/ False)

Giving reasons, state whether the following statements are true or false.
Increase in statutory liquidity ratio adversely affects the capacity of commercial banks to create credit.

Commercial banks are the principal suppliers of money in India. (True/ False)

Price discrimination is not possible in perfect competition. (True/ False)

Giving reasons, state whether the following statement are true or false.
Can Average revenue be negative.

Giving reasons, state whether the following statements are true or false.
Income from imputed rent of self occupied houses is a part of national income.

Giving reasons, state whether the following statements are true or false.
Economy always operates on PPC.

Giving reasons, state whether the following statements are true or false.
Net profit of any Bank of India's branch in USA will not be included in Indian National income.

When consumption function is: C = 50 + 0.6Y, saving will be equal to -30 Y = 0 to the negative expression of C. Hence, when C - 50, S will be equal to -50. (True/ False)