STUDYSHIPMAIN

Class XII  Macroeconomics Assignment Ch 2 Some Basic Concepts of Macroeconomics  Topic 1- Classification of Goods 1) What is Gross Value Addition?  2) Define services with two examples.  3) Define expenditure on final goods.  4) What is final product?  5) What are Durable Consumer goods 6) Give one common characterstic of consumer and capital goods.  7) Define Intermediate goods . 8) Give true or false with reason  a. All capital goods are producer goods  b. All machines are capital goods.  9) How will you determine whether the good is an intermediate good or a final good?  10) Which of the following are final good or service or intermediate good or service.  a. Furniture purchased by school  b. Computer installed in an office  c. Mobile sets purchased by a mobile dealer  d. T-shirts purchased for resale e. Haircut purchased at a salon.

UNIT-1 , NATIONAL INCOME AND RELATED AGGREGATES Q1) “Higher Gross Domestic Product(GDP) means greater per capita availability of goods in the economy”. Do you agree with the given statement? Give valid reason in support of your answer. Q2) Explain with the help of an example, the basis of classifying goods into final goods and intermediate goods. Q3) Will the following be included in national income of India? Give reasons for your answer. a)       Financial assistance to flood victims. b)       Salaries of Indians working in the American Embassy in India. c)       Profits earned by the branches of a foreign bank in India. Q4) If in a locality, a park is developed by the municipal corporation, it will have externalities, both positive and negative. State one example each of both types externalities with reason. Q5) Why is the flow of income and product called a circular flow? Q 6) How will the fo...

UNIT-2 (MONEY AND BANKING)  1. What are the Demand Deposits?  2. What are Time Deposits?  3. Define the Money supply and explain its components.  4. Money is a dynamic factor. How?  5. What is the difference between Bank Rate and Repo Rate?  6. Explain "Banker to the Government" function of the Central Bank  7. The government of India has recently launched "Jan Dhan Yojana" aimed at every household in the country to have at least one bank account. Explain how deposits made under the plan are going to affect the national income of the country?  8. Currency is issued by the Central Bank, yet we say that Commercial Banks create money.Explain.How is this money creation by Commercial Banks likely to affect theNational Income? Explain.  9. If CRR is lowered, investment demand must rise. Defend or refute. 10. How do Commercial Banks create deposits? Explain.  11. Explain the ‘credit control’ function of the Central Bank.

Class 12 Economics Money and Banking Important Questions Very Short Answer Questions ( 2 marks)  Question 1. What is a barter system of exchange?  Question 2. Point out two shortcomings of the barter system of exchange.  Question 3. Explain double coincidence of wants.  Question 4. What is money?  Question 5. What is meant by unlimited legal tender?  Question 6. What is legal tender money?  Question 7. What is Fiat money?   Short Answer Questions ( 3 marks )  Question 1. What are the different forms of modern money?  Question 2. Distinguish between the two given terms:  a) Currency and deposit money,  b) Limited, and unlimited legal tender,  c) Convertible and inconvertible money.  Long Answer Questions (6 marks)  Question - what is a barter system of exchange? Explain the difficulties which people experienced under the barter system

UNIT 5: FOREIGN EXCHANGE RATE Introduction This chapter defines the meaning of foreign exchange and related terms, how foreign exchange rate is determined, study of foreign exchange rate regimes (fixed and flexible exchange rate) and their differences; thereafter hybrid systems of exchange rate and operation of foreign exchange market. Foreign Exchange and Its Related Concepts Foreign exchange  refers to all the currencies of the rest of the world other than the domestic currency of the country. For example, in India, US dollar is the foreign exchange. The rate  at which one currency is exchanged for another is called Foreign Exchange Rate. In other words, the foreign exchange rate is the price of one currency stated in terms of another currency. For example, if one U.S dollar exchanges for 60 Indian rupees, then the rate of exchange is 1$ = Rs. 60 or 1 Rs = 1/60 or 0.0166 U.S. dollar. Foreign exchange market  is the market where the national currencies are converted, exc...

ASSIGNMENT:-   MONEY AND BANKING  CHAPTER -2  MACROECONOMICS  Q. 1  What is Money? Money is anything that has the general acceptability as a common medium of exchange & as a common measure of the value of the commodities. Q. 2 What is a Barter system? It refers to the exchange of goods for goods. In other words, it refers to the direct exchange of goods & services with another. Q. 3 Define the term Money Supply & state its constituents. It refers to the total stock of money in an economy at any point in time, held by the general public i.e. the private individuals and business firms (money is in the disposable form). In other words, it is the amount of money that is in circulation in an economy at a given point in time. The two constituents of money supply are currency held by the general public & demand deposits of the general public held by the Commercial Banks. Thus, M1 = C + DD+O Q. 4 Define the term Commercial bank. A Commercial bank is...