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2 Model Question Papers Based on Scheme of Examination as per G.O. (2D). No. 50 dated : Indian Economy Time : 2½ hours Written Exam Marks : 90 Marks Type of Questions Marks No. of Questions to be answered Total Marks 1 Mark questions Questions for Very Short Answers : Total 10 questions. Out of which 1 question is compulsory. Questions for Short Answers : Total 10 questions. Out of which 1 question is compulsory. Questions for Long Answers : (With sub-sections). Higher Secondary - First year Question Paper Pattern (For Subjects without Practical Exam) Total 90

3 11 th STD. Model Question Paper Time : 2½ Hours Indian Economy Marks : 90 Answer all the questions. Part - A Choose the correct answer. [20 1 = 20] 1. The Father of New Economics is (a) Adam Smith (b) Marshall (c) Karl Marx (d) J.M.Keynes 2. Population increases in ratio, as explained by Robert Malthus (a) proportionate (b) Geometric (c) Arithmetic (d) Progressive 3. Jawahar Gram Samridhi Yojana was introduced in (a) August 1995 (b) October 1993 (c) April 1999 (d) December GNP Depreciation (a) PDI (b) GDP (c) NNP (d) X M [ 2 ]

4 +1 Std - Indian Economy Sura s Model Question Papers 3 5. Perspective plan covers a period of over (a) 5 years (b) 10 years (c) years (d) 15 years 6. Green revolution increased the food grains production especially in (a) Rice and sugarcane (b) Ragi and Rice (c) Wheat and Sugarcane (d) Rice and Wheat. 7. The primary function of the central bank is (a) Making loans and advances to the public (b) Accepting deposits (c) Issue of paper money (d) Participating in the inter bank borrowing 8. OPEC Countries (a) Germany, Romania, Russia (b) Africa, Latin America, Asia (c) Belgium, France, Germany (d) Iran, Iraq, Kuwait 9. The most stable measure of variability is (a) Variance (b) Mean (c) Median (d) Mode

5 4 +1 Std - Indian Economy Sura s Model Question Papers 10. Which of the following is called as an important agro based industry (a) Steel (b) Cement (c) Sugar (d) Jute 11. Which of the following is an intermediate good (a) Cement (b) Television (c) Soft drinks (d) Bikes 12. World Bank was set up in (a) 1983 (b) 1844 (c) 1948 (d) The Planning Commission of India defined poverty on the basis of (a) Income (b) Consumption (c) Calorie intake of food (d) Employment 14. The founder of Scientific Socialism (a) Adam Smith (b) David Ricardo (c) J.S.Mill (d) Karl Marx

6 +1 Std - Indian Economy Sura s Model Question Papers The latin word Status represents (a) Logic (b) Science (c) Economics (d) Statistics 16. Mode is the (a) common item of a series (b) middle item (c) largest value (d) smallest value 17. The first five year plan of India was launched in (a) 1947 (b) 1951 (c) 1956 (d) Agricultural productivity can be measured in terms of (a) Consumption of fertilizer (b) Irrigational facilities (c) Land and Labour productivity (d) Mechanization 19. The main inconvenience of barter system was (a) Transactions were many and complex (b) Lack of double coincidence of wants (c) The intermediate commodity need not be familiar (d) Prevalence of domestic system

7 6 +1 Std - Indian Economy Sura s Model Question Papers 20. Education is a (a) Consumption Good (b) Investments (c) None (d) Both Part - B [7 2 = 14] Answer any seven questions in which Question No.30 is compulsory. 21. Mention the Rostow stages of economic growth 22. How can unemployment among educated people solved in India? 23. What is Mahalanobis Strategy? 24. Mention the contribution of agriculture to economic growth 25. Classify the use based industries. 26. What is meant by Open Market Operation? Which bank does this operation in India? 27. What is Money? Give any two functions. 28. How is composite index of HRD constructed? 29. Find out the range for the marks scored by Mala in five subjects 68, 42, 86, 38, What are the indicators of a country s economic development? Part - C [7 3 = 21] Answer any seven questions in which Question No.40 is compulsory. 31. How is economic backwardness reflected in our country? 32. Explain demographic transition with diagram. 33. Mention the estimates of unemployment. 34. Write a note on the sectoral composition of National Income

8 +1 Std - Indian Economy Sura s Model Question Papers What is rolling plan? 36. What is the importance of agricultural marketing. 37. a) Write a note on Textile industry. b) Mention the problems faced by Textile industry. 38. What are the qualitative credit control methods of RBI? 39. The marks of 10 students in a class is given below. Calculate Arithmetic mean & median. Marks : 45, 60, 45, 60, 50, 30, 55, 20, 10, Malthus has given two checks to correct the imbalance in population. Explain. Part - D [7 5 = 35] Answer all the questions 41. Explain any five characteristics of underdeveloped countries. What are the measures to achieve stable population? 42. Distinguish rural poverty and urban poverty. What is National Income. Explain the calculation of national income through income method. 43. What are the problems of planning in underdeveloped countries? Suggest and explain any four measures to solve the various problems of Indian Agriculture. 44. Discuss the importance of Small Scale Industries. Distinguish between central bank and commercial bank

9 8 +1 Std - Indian Economy Sura s Model Question Papers 45. What are the parameters of Globalisation? Explain Vazhvoli Thittam and how can it be implemented in schools. 46. a) The daily earnings (in rupees) of employees working in a daily basis in a firm are Daily Earning (Rs.) No. of Employees Calculate the average daily earning for all employees b) What is index number and what are its uses? 47. a) Briefly explain the problems in calculating national income. b) Explain the following functions of central bank. (i) Creation of money or credit (ii) Agency functions

10 Sura s Model Question Paper th STD. Based on Scheme of Examination as per G.O. (2D) No.50 dated Time : 2½ Hours Indian Economy Marks : 90 Answer all the questions. Part - A Choose the Correct Answer. [20 1 = 20] 1. The third sector of our economy is. (a) Primary sector (b) Rural sector (c) Secondary sector (d) Service sector 2. Essay on the principles of population was given by. (a) Adam Smith (b) Alfred Marshall (c) J. M. Keynes (d) T. R. Malthus 3. According 2001 Census, the population of India was. (a) 236 million (b) 890 million (c) 1000 million (d)1027 million 4. When a person lives below the minimum subsistence level, he is said to live in poverty. (a) Absolute (b) Relative (c) Abstract (d) None [9]

11 10 +1 Std - Indian Economy Sura s Model Question Papers 5. The main reason for massive unemployment is poor. (a) Economic Planning (b) Manpower Planning (c) Educational Planning (d) Military Planning 6. The difference between NNP and NDP is. (a) Depreciation (b) Current transfers from rest of the world (c) Indirect tax (d) Net factor income from abroad 7. Transfer earnings is referred to. (a) Pension payments to retired persons. (b) Income paid as rent to landlord. (c) An interest payments to a capitalist. (d) Medical payments made to an employee of a company. 8. There was plan holiday in India from. (a) (b) (c) (d) In planning the period extends over 3 to 5 year upto 7 to 10 years. (a) over all (c) indicative (b) rolling (d) mid-term 10. Green revolution increased the foodgrains production especially in. (a) Rice and sugarcane (c) Wheat and sugarcane (b) Rice and wheat (d) Ragi and rice

12 +1 Std - Indian Economy Sura s Model Question Papers Law of inheritance is one of the causes of. (a) Rise of Zamindari system (b) Sub-division and fragmentation of lands (c) unequal distribution of land (d) Poverty 12. The productive capacity of a nation is represented by the progress of. (a) agriculture (c) Export (b) Infrastructure (d) Industries 13. The Eighth Five Year Plan was introduced in. (a) (b) (c) (d) The primary functions of the commercial bank is. (a) making loans and advances (b) discounting bills of exchange (c) accepting deposits (d) participating in the inter-bank borrowing 15. IReserve Bank of India was nationalized in. (a) 1939 (b) 1949 (c) 1959 (d) The decision to start IMF was taken at. (a) Round-table conference (c) Bretton woods conference (b) Geneva conference (d) none 17. Barter system means. (a) Exchange of goods for goods (b) Exchange of money for money (c) Exchange of goods for money (d) Exchange of money for goods

13 12 +1 Std - Indian Economy Sura s Model Question Papers 18. Operation Black Board is included in. (a) National Policy on Education (1956) (b) National Policy on Education (1968) (c) National Policy on Education (1992) (d) National Literacy Mission 19. The age of a person is a. (a) continuous variable (c) quantitative variable (b) discrete variable (d) personal variable 20. Mean Deviation is given by. (a) Σ( X M) (b) Σ X M (c) Σ( X M) N (d) Σ X M N Part - B [7 2 = 14] Answer any seven questions in which Question No.30 is compulsory. 21. Write a short note on Jubilee. 22. Define birth rate. 23. What do you mean by full employment? 24. Write a note on environmental cost. 25. What is Modernization? 26. What are the components of agricultural growth? 27. Give an example for large scale industries? 28. What is moral suasion? 29. Write a short note on SAP. 30. Write a short note on Human Poverty Index.

14 +1 Std - Indian Economy Sura s Model Question Papers 13 Part - C [7 3 = 21] Answer any seven questions in which Question No.40 is compulsory. 31. What are the six basic characteristics of underdeveloped economy? 32. Name some famous theories of population. 33. Name the 5 states in India where 58% of the poor people live. 34. Write a note on double counting. 35. Explain the concept of Indicative planning. 36. List out the factors responsible for the backwardness of agriculture. 37. Define liberalization. 38. What are the fundamental principles adopted by GATT? 39. How is gender related development index constructed? 40. What are the three main methods to calculate weighted index numbers? Part - D [7 5 = 35] Answer all the questions 41. Why is India considered an underdeveloped economy? Explain the the characteristics of Indian Population. 42. a) Explain the Malthusian Theory of Population with the help of flow chart. b) Distinguish between rural and urban poverty.

15 14 +1 Std - Indian Economy Sura s Model Question Papers 43. Explain the International Comparison of National Income. Explain the gross national product (GNP). 44. Explain the Government Policy on SSI. Explain the role at National level. 45. a) What are the functions of IMF? Write any 5 points. b) Explain HRD and economic development. 46. a) Calculate Median from the following data. Marks Frequency b) Distinguish between graphs and diagrams. 47. a) What are the components of time series? b) (i) What is Index Number? (ii) What are the uses of Index Number.

16 Sura s Model Question Paper th STD. Based on Scheme of Examination as per G.O. (2D) No.50 dated Time : 2½ Hours Indian Economy Marks : 90 Part - A Answer all the questions. Choose the Correct Answer. [20 1 = 20] 1. The classification of the characteristics of underdevelopment was given by. (a) Harvey Leibenstein (b) Cairncross (c) Joan Robinson (d) Kurihara 2. refers to the rate of death occurring per thousand new born babies. (a) Natality (b) Mortality (c) infant mortality (d) death rate 3. The primary sector of our economy is. (a) Agriculture (b) Industry (c) Service Sector (d) None of these 4. The Planning Commission of India defined poverty on the basis of. (a) Income (b) Consumption (c) Calorie intake of food (d) Employment 5. The growth of an economy is indicated by an. (a) Increase in general prices (b) Increase in national income (c) Increase in savings (d) Increase in investment 6. One of the following is not a stock variable. (a) income during a year of a company. (b) capital stock of the economy. (c) value of goods available in a general store. (d) amount of money in circulation. [15]

17 16 +1 Std - Indian Economy Sura s Model Question Papers 7. Perspective Plan covers a period of. (a) 5 years (c) 20 to 25 years (b) 10 years (d) 15 years 8. The process of decision making about alternative ways of using available scarce resources is. (a) consumption (b) saving (c) expenditure (d) economic planning 9. Nearly 64% of labour force in India is engaged in (a) Agriculture (c) Service sector (b) Industry (d) Foreign trade 10. The production of food grains during the year was million tonnes. (a) 55 (b) 196 (c) 169 (d) The demand for primary goods such as tea, coffee etc. will be. (a) elastic (b) perfectly elastic (c) inelastic (d) perfectly inelastic 12. Separate the bank whose motive is not profit-making. (a) Andhra bank (c) IOB (b) Canara bank (d) RBI 13. Separate the bank whose motive is profit making. (a) Reserve Bank of India (c) Commercial Bank (b) LIC (d) None of these

18 +1 Std - Indian Economy Sura s Model Question Papers Globalization means. (a) Integration of the economy with world economy. (b) Increasing degree of openness in respect of international trade. (c) Process of transformation of the world in to a single economic unit. (d) All the above. 15. Law of comparative cost advantage has been formulated by. (a) David Ricardo (b) Haberler (c) Adam Smith (d) J.S. Mill 16. Education is. (a) consumption good (c) none (b) investment good (d) both 17. National Literacy Mission (NLM) has been introduced to achieve. (a) total literacy in age group 15 by 2005 (b) threshold literacy rate of 75 percent by 2005 (c) total literacy in the country (d) eradication of female illiteracy 18. The data obtained from published or unpublished by some agency are called. (a) Primary data (c) Statistics (b) Secondary data (d) Information 19. The minimum and maximum scores of a series of data are 12 and 52. The median is found to 24. If a score of 35 is included, the new median would be. (a) the same (b) greater than 24 (c) less than 24 (d) The statistical tool to measure changes over time is. (a) Averages (c) Deviation (b) Index number (d) Variance

19 18 +1 Std - Indian Economy Sura s Model Question Papers Part - B Answer any seven questions in which Question No.30 is compulsory. 21. Explain the concept economic development. 22. Define Death Rate. 23. Write a note on inflation. 24. What is the indicator of a country s economic development? 25. What are the main objectives of planning in India? 26. What is Agricultural price policy? 27. What are the major problems of Textiles Industry? 28. What is Open market operations? 29. What are the components of foreign trade? [7 2 = 14] 30. What are the types of classification? Part - C [7 3 = 21] Answer any seven questions in which Question No.40 is compulsory. 31. Why did the physiocrats give importance to agriculture? 32. Write a note on National Population Policy List out any four measures to solve unemployment. 34. What does national income at constant price mean? 35. Define Planning. 36. What are the causes of sub-division and fragmentation? 37. Write a short note on SAIL. 38. What is Central Bank? Give example? 39. What do you mean by Human Capital? 40. The following are the marks of 5 students, find out the median marks. Roll No Marks

20 +1 Std - Indian Economy Sura s Model Question Papers 19 Answer all the questions 41. a) Write short note on: (i) Marginal Revolution. (ii) Capital Deficiency Part - D b) (i) Meaning of transitional society. (ii) Explain loss of women s labour. 42. a) Write short note on: (i) JGSY (ii) EAS b) Distinguish between Rural and Urban poverty. 43. Explain expenditure method. [7 5 = 35] What are the problems of planning in underdeveloped countries? Write any 6 points. 44. Explain the causes of food problem in India. Explain environmental hazards. 45. a) Distinguish between central bank and commercial bank. b) What are the parameters of Globalization? 46. What is Quartile Deviation? Explain. Explain about secondary and higher secondary education. 47. a) Construct a Pie diagram with the given data below: Item of Expenditure Food Rent Clothing Fuel Education Misc. Percentage 60% 12% 8% 8% 6% 6% b) Explain rules of tabulation. Give any 6 points.

21 Sura s Model Question Paper th STD. Based on Scheme of Examination as per G.O. (2D) No.50 dated Time : 2½ Hours Indian Economy Marks : 90 Part - A Answer all the questions. Choose the Correct Answer. [20 1 = 20] 1. The Mercantilists gave utmost importance to. (a) Agriculture (b) Manufacturing industry (c) Trade (d) Imports 2. The father of New Economics is. (a) Adam Smith (b) Marshall (c) Karl Marx (d) J.M. Keynes 3. T. R. Malthus published his book Essay on the Principles of Population in. (a) 1896 (b) 1776 (c) 1857 (d) Agriculture gives rise to unemployment. (a) cyclical (b) structural (c) seasonal (d) professional 5. A person consuming less than calories per day in rural area is under poverty line. (a) 2400 (b) 2100 (c) 2500 (d) The difference between NNP and NDP is. (a) Depreciation (b) Current transfers from rest of the world (c) Indirect tax (d) Net factor income from abroad [20]

22 +1 Std - Indian Economy Sura s Model Question Papers The base year is used in the. (a) New series (b) Conventional series (c) C.S.O s latest series (d) revised series 8. The first country to introduce Five Year Plan was. (a) U.K. (c) Former Soviet Russia (b) U.S.A. (d) France 9. Nearly 20% of the cultivated area is irrigated by. (a) Tube wells (c) Perennial canals (b) Storage canals (d) Tanks 10. The Agricultural prices commission was renamed as Agricultural costs and prices commission in the year. (a) 1985 (b) 1986 (c) 1987 (d) The process of industrialization is the essential pre- requisite for. (a) Generating employment (b) Inducing investment (c) Achieving economic development (d) Increasing per capita income % of the jute cultivable areas were partitioned to. (a) Burma (c) China (b) Nepal (d) Bangladesh 13. The first bank in India was established in. (a) 1770 (b) 1806 (c) 1801 (d) 1782

23 22 +1 Std - Indian Economy Sura s Model Question Papers 14. Minimum Reserve System relates. (a) Method of note issue (b) Commercial banks certain portion of their deposits at RBI (c) Commercial banks certain portion of their deposits in cash (d) Customers are computed to keep certain minimum balance with their deposits 15. IBRD was set up in. (a) 1983 (b) 1844 (c) 1948 (d) International trade is regulated at present by. (a) GATT (c) WTO (b) IMF (d) IBRD 17. The birth of economics of education was announced by. (a) Marshall (b) Karl Marx (c) Schultz (d) Keynes 18. The most preferred diagram to represent the components of a variable. (a) Line diagram (b) Bar diagram (c) Pie diagram (d) Pictogram 19. Median is. (a) The most frequently repeated item / score in the series. (b) The middle most item / score in the series of data (c) The middle most item / score in the series of ordered data. (d) The difference between highest and lowest score. 20. The most stable measure of variability is. (a) Variance (b) Mean (c) Median (d) Mode

24 +1 Std - Indian Economy Sura s Model Question Papers 23 Part - B [7 2 = 14] Answer any seven questions in which Question No.30 is compulsory. 21. Write a note on take-off stage. 22. Define Census. 23. What are the types of poverty? 24. What is injections? 25. What is the main problem of planning in underdeveloped countries? 26. Write any four causes of food problem in India. 27. Define mixed economy. 28. What are the functions of money? 29. Who introduced the First Human Development Report? 30. What are the types of data? Part - C [7 3 = 21] Answer any seven questions in which Question No.40 is compulsory. 31. What are the factors determining birth rate? 32. Why unemployment among educated people is increasing? 33. Mention the names of national income series in India. 34. What is a rolling plan? 35. What is the contribution of agriculture to economic growth? 36. What is the use based classification of industry? 37. Write a note on commercial banks. 38. What are the methods of transfer of technology? 39. What is Human Development? 40. Write a note on graphs and diagrams.

25 24 +1 Std - Indian Economy Sura s Model Question Papers Part - D [7 5 = 35] Answer all the questions 41. What are the main ideas of leading classical economists? Examine the steps to check rapid growth of population. 42. Explain the Malthusian Theory of Population with the help of flow chart. Explain the characteristics of poor Households. 43. What are the estimates of unemployment? Explain Employment Assurance Scheme (EAS). 44. a) Describe the problem of choice of technique in India. b) Distinguish between national income at current and constant prices. 45. a) Define: (i) Cropping pattern (ii) Agricultural holding. b) Explain the Appraisal of the Ninth Plan. 46. a) Represent the following data through a simple bar diagram. Year No.of Students in a College b) Write any five factors affecting cropping pattern. 47. Explain the integrated strategies devised by the Eighth Plan for public sector restructuring. Distinguish between Classification and Tabulation.