2015
ECONOMICS
Full Marks: 100
Time: 3 hours.
The figures in the margin
indicate full marks fOr the questions
PART A: STATISTICS FOR
ECONOMICS
1. Answer the following
questions: 1x6=6
a) Who is known as the father of economics? 1
b) Quartiles divide a series into ____ equal parts. (Fill in the blank choosing the cOrrect one from the bracket: (2, 3, 4, 5) 1
c) Define
mode. 1
d) What is the range of cOrrelation
coefficient? 1
e) Arithmetic mean cannot
be determined in open-end class. – Why? 1
f) What is meant by
statistical project? 1
2. Give two characteristics
of statistics. 2
Or
In what way is statistics
helpful in economics?
3. Explain the meaning of
primary data clearly. 2
4. Mention any two
advantages of diagrams in data
presentation. 2
5. From the following
numbers calculate
median: 2
36,
32, 28, 22, 26, 20, 18
6. What is the relationship
between Mean, Median and Mode when a distribution is symmetrical and when it is
asymmetrical? 2
7. Name two methods of
measuring correlation. 2
8. What are the advantages
of sampling method of data collection over the Census
method? 4
9. The following
observations represent data relating to marks obtained by 20 students in a
class-test. From the data prepare a frequency distribution table and draw a
histogram without using graph
paper. 2+2=4
15 |
24 |
09 |
18 |
36 |
44 |
25 |
23 |
45 |
08 |
28 |
32 |
31 |
12 |
25 |
45 |
35 |
24 |
16 |
38 |
Or
Represent the following
data with the help of frequency polygon:
Class-interval: |
0
– 20 |
20
– 40 |
40
– 60 |
60
– 80 |
80
– 100 |
Frequency: |
4 |
6 |
13 |
5 |
2 |
10. What is mean deviation?
State two demerits of mean
deviation. 2+2=4
Or
The numbers of wOrkers in
four separate departments in a factOry are 12, 10, 20 and 8. The daily wages fOr
each wOrker of the four departments are Rs. 60.00, Rs. 80.00, Rs. 90.00 and Rs.
100.00 respectively. Find out mean wage.
State four uses of index
number. 4
11. Write about the main
steps needed fOr developing a
project. 4
12. What is dispersion?
What are its measures? Why standard deviation is called the best measure of
dispersion? 1+2+3=6
Or
Find out the value of
median and mean deviation from the following data:
Class
Interval: |
20
– 30 |
30
– 40 |
40
– 50 |
50
– 60 |
60
– 70 |
Frequency: |
25 |
32 |
32 |
8 |
3 |
13. What are the measures
of central tendency? Why arithmetic mean is considered as ideal measure? Which
measure of central tendency is the most
representative? 2+3+1=6
Or
Calculate correlation
coefficient with the help of Karl Person’s method from the data given below:
X
: |
6 |
2 |
10 |
4 |
8 |
Y
: |
2 |
8 |
3 |
6 |
1 |
PART – B: INDIAN ECONOMIC
DEVELOPMENT
14. Answer the following
questions:
a) What
is meant by Commercialisation of
agriculture? 1
b) Define
occupational
structure. 1
c) Name
a non-institutional source of rural credit in
India. 1
d) In
which year was the first industrial policy of India
announced? 1
e) Name
the body which formulates economic plans in India. 1
f) Which
sector of the economy contributes highest to GDP in China? 1
15. State two important
causes for decay of Indian handicrafts during British
rule. 2
16. State two common goals
(objectives) of planning in India. 2
17. Why is the development
of agriculture essential for the Indian Economy? Give two
reasons. 2
18. Point out two failures
of economic reforms in
India. 2
19. What are the two areas
where Pakistan has performed better than India? 2
20. What are the two types
of
poverty? 2
21. How is Organic farming
superiOr to conventional farming? 4
Or
Explain the concept –
“agricultural diversification”.
22. What are the four major
sources of human capital formation in a country? 4
Or
State four problems of
human capital formation in India.
23. Explain briefly –
seasonal unemployment and disguised unemployment. 2+2=4
24. Write the meaning of
infrastructure. What are the two types of
infrastructure? 2+2=4
Or
What are the necessary
conditions fOr sustainable development?
25. Make a comparison
between Indian and China as regards with population size, density of
population, birth rate and literacy
rate. 4
26. Explain briefly the
factOrs responsible for introduction of economic refOrms in
India. 6
Or
What is privatization? Give
three arguments fOr and two arguments against privatization in Indian context.
27. What is agricultural
marketing? Briefly explain the defects of agricultural marketing in
India. 1+5=6
Or
Briefly explain the causes responsible for poverty in India.
-000-