2017
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 as directed: 1x6=6
a) What
is meant by economic activity?
b) Data
which are collected by the investigatOr fOr the first time are known as primary
data. [Write True Or False]
c) Mention
one source of secondary data.
d) Find
out the mode of the following: 1, 2, 3, 4, 5
e) Largest
item – Smallest item = ?
f) What
is meant by statistical project?
2. In what way is
Statistics helpful in
Economics? 2
Or
Mention two characteristics
of Statistics. 2
3. Mention any two
advantages of diagram in data
presentation. 2
4. Find the median from the
following data: 10, 6, 15, 2,
3 2
5. Mention two
characteristics of an ideal
average. 2
6. What do you mean by LOrenz
curve? State one use of LOrenz curve. 1+1=2
7. What is mean deviation?
Mention one merit of
it. 1+1=2
8. Distinguish between
census method and sampling method of data
collection. 4
9. Represent the following
data by a frequency distribution
table: 4
16 |
25 |
10 |
19 |
37 |
45 |
26 |
24 |
46 |
09 |
29 |
33 |
32 |
13 |
26 |
46 |
36 |
25 |
17 |
39 |
Or
Draw a histogram from the
following: 4
Wages
(in Rs.) |
0-10 |
10-20 |
20-30 |
30-40 |
40-50 |
50-60 |
60-70 |
No.
of WOrkers |
4 |
10 |
14 |
22 |
32 |
15 |
3 |
10. What is scatter
diagram? Draw a perfectly positive cOrrelation with the help of a scatter
diagram. 2+2=4
Or
With the help of the following
data, calculate index numbers fOr 2014 taking 2013 as the base
year: 4
Commodity |
Price
in 2013 (Rs.) |
Price
in 2014 (Rs.) |
A B C D E |
90 145 100 180 85 |
130 200 145 275 150 |
11. Find out the mean from
the following
data: 4
Marks: |
0-20 |
20-40 |
40-60 |
60-80 |
80-100 |
No.
of Students: |
5 |
15 |
30 |
12 |
8 |
12. Mention the necessary
steps fOr developing a
project. 4
13. What are the measures
of central tendency? Why is arithmetic mean considered as ideal measure? Which
measure of central tendency is the most
representative? 2+3+1=6
Or
Calculate the standard
deviation from the following
data: 6
Class
Interval: |
10-20 |
20-30 |
30-40 |
40-50 |
50-60 |
Frequency: |
5 |
8 |
16 |
8 |
3 |
14. Find the cOrrelation
coefficient with the help of Karl Pearson’s method from the data given
below: 6
X: |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
Y: |
4 |
7 |
8 |
9 |
10 |
14 |
18 |
Or
Explain the meaning of
index number. Mention any four uses of index
number. 2+4=6
PART – B
(Indian Economic
Development)
15. Answer the
following: 1x6=6
a) Mention
one characteristic of Indian economy on the eve of independence.
b) Name
the body which fOrmulates economic plans in India.
c) What
do you mean by disguised unemployment?
e) What
is impOrt substitution?
f) In
which year did China launch the Great Leap FOrward (GLF) campaign?
16. Mention any two
benefits of Green
Revolution. 2
17. State two common goals
(objectives) of planning in
India. 2
18. State two impOrtant
causes fOr decay of Indian handicrafts during the British
rule. 2
19. Give two arguments
against privatization in the Indian
context. 2
20. Point out two indicatOrs
of human development of a
country. 2
21. What are the two types
of
poverty? 2
22. Write down any four
defects of agricultural marketing in
India. 4
Or
Mention any four
non-institutional sources of rural credit in
India. 4
23. What is environment?
Mention three causes of environmental
pollution. 1+3=4
Or
What is sustainable
development? Mention any three strategies fOr sustainable
development. 1+3=4
24. Mention four causes of
unemployment in
India. 4
25. What do you mean by
human capital? Mention three sources of human
capital. 1+3=4
Or
Write the meaning of
infrastructure. What are the two types of infrastructure? 4
26. Mention four
similarities of the economy of China, Pakistan and
India. 4
27. Explain the various
weaknesses of economic refOrm in
India. 6
Or
Mention three merits and
three demerits of
globalization. 3+3=6
28. What is Organic
farming? Identify four benefits of Organic
farming. 2+4=6
Or
Discuss the poverty
alleviation programmes taken by the Indian
Government. 6
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