Fiscal Economics — Economics STD 12 — Question

Assertion (A): Sewage, garbage and liquid waste of households, agriculture runoff and effluents from factories are discharged into lakes and rivers.
Reason (R): These wastes contain useful chemicals and toxins.

Assertion (A): Currency is created by the RBI and Union Government.
Reason (R): Bank deposits are created by commercial banks and co-operative banks.

………………………… is referred to as a tax charged on a person who purchases the goods and services and it is paid indirectly to the government.

To prepare a systematic study of birth and death related data is called ………………………….

Monetary measures is ………………………

(i) Environmental economics is a different branch of economics that recognizes the value of both the environment and economic activity.
(ii) Environmental Economics involves theoretical and empirical studies of the economic effects.

Match the following :
A. Falling prices – (i) Black money
B. Government securities – (ii) Business loss
C. Bank rate – (iii) Open Market operation
D. Unaccounted money – (iv) Credit control

……………………….. is called a measure of central tendency or an average or a measure of location.

…………………….. Economics involves theoretical and empirical studies of the Economic effects.

Assertion (A): Public finance is a study of the financial aspects of government.
Reason (R): Public finance is concerned with the revenue and expenditure of public authorities and with adjustment of the one to the other.