Subject: Economics
Time: 2 Hours
STD: -11th(Commerce/Arts)
Marks 50
[Link] the correct option
(5 marks)
1. The service sector includes:
A) Forestry B) Transportation C) Dairy D) Horticulture
2. The value that divides the series into ten equal parts is:
A) Partition values B) Quartiles C) Individual data D) Deciles
3. "Wealth of Nations" is authored by:
A) Lionel Robbins B) Adam Smith C) Alfred Marshall D) Kautilya
4. Investment done by foreign companies in our country is:
A) MTDC B) FDI C) MSICDP D) MAITRI
5. The quality of life of the rural people can be improved by:
A) Providing safe drinking water, health, and hygiene facilities
B) Effective implementation of land reforms
C) Providing subsidized credit facilities
D) Reducing rural inequalities
[Link] the correct economic term
(5 marks)
1) The loans that are related to agriculture production and
economically justified.
2) Procedure for dividing the data into equal parts.
3) Credit instrument through which bank deposits are transferable.
4) Free and compulsory education between 6-14 years of age children.
5) Basic requirement for facilitating production and distribution of
goods and services for economic development.
Q2.A. Identify and explain the concepts from the given illustration (any 2):
( 4 marks)
1) Radika and her family visited the beaches during her eight-day
Diwali vacation.
2) Mahadev takes a loan from the bank for a period of ten years
subject to terms
and conditions for the purpose of irrigated farming.
3) To prevent misuse/fraudulent use of the national currency, a
note ban is imposed
On its use at certain times.
Q2.B. Distinguish between (any two):
(4 marks)
1) Standard coins and token coins
2) Economic infrastructure and social infrastructure
3) Quartiles and percentiles
Q3. Answer the following (any 2):
(8 marks )
1) Explain the features of wealth.
2) Explain the major problems in the industrial and agricultural sectors in
Maharashtra.
3) Explain the types of agricultural credit on the basis of purpose.
Q4. State with reason whether you agree or disagree with the following
statements (any 2): (8 marks )
1) There are no difficulties in the barter system.
2) There is no difference between quartiles, deciles, and percentiles.
3) Value-in-use and value-in-exchange are not the same
[Link] the following table/chart/paragraph and answer the following questions
(any 2):
(8 marks )
1) Find P20 and P50 from following data
Height 52 53 54 55 56 57 58
in
(inches)
No of 5 6 7 12 15 3 2
person
2) Study the following table and answer the following questions
Investment (₹ in lakhs) Number of firms (f) C.F
x
0-10 5 5
10-20 10 -----
20-30 ------ 40
30-40 30 -----
40-50 ----- 90
50-60 10 100
N=100
Question :- 1)Fill in the blanks in the above schedule
2) Calculate D5 for the given data
3) Read the following passage care fully and answer the question given below .
Rural development is one of the thrust areas of administration. As Mahatma
Gandhi rightly said, “India lives in villages and the development of the nation
cannot be achieved without the development of the villages”. The need of the
hour is the convergence of all development interventions, at the grassroot level
which can be possible through effective governance at the village level. The
movement towards decentralization of the National and State governments
through the Panchayati Raj system needs to be strengthened through lessons
learned from the successful stories of ‘Model villages’ around India. Though India
is progressing in the right direction in reducing education inequalities and
increasing literacy levels, there is still a lot that needs to be done. An
understanding of social issues is important for effective planning and policy
development. Self-governance ensures that Indian citizens, even the previously
marginalized, can participate in decision-making.
1) Explain in short Mahatma Gandhi’s views on rural development.
( 1mark)
2) Highlight the role of the government in achieving rural development.
( 1mark)
3) What measures have been suggested to achieve rural development.
( 1mark)
4) Express your idea of a ‘Model Village’.
( 1mark)
[Link] in detail ( Anyone)
(8 marks)
1) Explain the basic concepts of macroeconomics.
2) Explain the primary and secondary functions of money
