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Published on: 13/05/2022
QB365 provides detailed and simple solution for every Creative Questions in class 12 Economics Subject. It will helps to get more idea about question pattern in every Creative questions with solution.
latest Creative QuestionsDownload Tamil Nadu 12th Standard Economics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Economics Test1.
Compare and contrast fiat money and commodity money.
2.
Define the “Statutory Liquidity Ratio”?
3.
Mention the components of Money Supply in India.
4.
Write about Money as a Means of Transferring Purchasing Power in short.
5.
Write a short note on wage-price spiral
1.
(i) Fiat money includes items that are designated as money that are intrinsically worthless.
(ii) Commodity money are things like gold or silver which have alternative uses other than money.
(iii) They can be used in dental fillings or as jewelry.
2.
SLR or “Statutory Liquidity Ratio” is the fraction of the total demand and time deposits of the commercial banks is the form of specified liquid assets.
3.
M1 = Currency, coins and demand deposits
M2 = M1 + Savings deposits with post office savings banks
M3 = M2 + Time deposits of all commercial and cooperative banks.
M4 = M3 + Total deposits with Post offices.
4.
(i) The field of exchange also went on extending with growing economic development.
(ii) The exchange of goods is now extended to distant lands.
5.
Wage-price spiral is used to explain the cause and effect relationship between rising wages andsrising prices or inflation
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Tamilnadu Stateboard 12th Standard Subjects
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Physics
Biology
Computer Science
Business Maths and Statistics
Economics
Commerce
Accountancy
History
Computer Applications
Biology
Computer Technology
Computer Applications
Computer Science
Business Maths and Statistics
Commerce
Economics
Maths
Chemistry
Physics
Computer Technology
History
Accountancy
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