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ARMY PUBLIC SCHOOL, NAHAN ANNUAL EXAMINATION, (2013-14) CLASS +1 COMMERCE SUBJECT- ECONOMICS TIME: 3:30HOURS GENERAL INSTRUCTIONS:

1. All the questions in both the sections are compulsory. PART-A MM100

2. Questions carrying of 1mark each are required to be answer in one sentence each. 3. Questions carrying of 2mark each are required to be answer in 60 sentences each. 4. Questions carrying of 3mark each. They are required to be answer in 70 sentences each. 5. Questions carrying of 4mark each are required to be answer in 80-90 sentences each. 6. Questions carrying of 5mark each are required to be answer in 100 sentences each. 7. Answer should be brief and to the point and the above word limit to be adhered to as far as possible. PART-A 1. 2. 3. 4. 5. 6. Define Statistics. What is a circular or pie diagram? What is a complex table? What do you mean by textual presentation? What is the difference between histogram and frequency polygon? What are the merits of tabular presentation? (1) (1) (1) (2) (2) (2)

7. Following are the marks obtained by 10 students of a class. Calculate standard deviation X: 12, 8 17 13 15 9 18 11 61 (3) 8. What are merits OR demerits of Arithmetic mean. (3) 9. From the following data calculate arithmetic mean: (3) MARKS NO.OF STUDENTS Less than 10 12 Less than 20 26 Less than 30 40 Less than 40 58 Less than 50 80 Less than 60 110 Less than 70 138 Less than 80 150 10. What is an index number? Point out its utility OR limitations. (4) 11. Calculate coefficient of correlation of the age of husband and wife using Karl Pearsons method: (4) X:4 5 6 7 8 9 10 11 12 13 14 15 Y: 78 72 66 60 54 48 42 36 30 24 18 12

12. Calculate standard deviation / mean deviation from the following data through median: (4) X: 100-120 120-140 140-160 160-180 180-200 Y: 4 6 10 8 5 13. In 2011-12, Net domestic product by Industry of origin (at 2004-05) is as given below. Present this information in the form of a pie diagram. Sector Primary Secondary Transport Finance and Insurance Community and social services Total OR %Share 16.2 25.4 27.5 18.1 12.8 100

Define correlation. What are the various types of correlation? 14. Discuss the essential steps on preparing a project report. PART-B

(5) (5)

15. What do you mean by privatisation? (1) 16. What are tariffs? (1) 17. Why do people seek employment in non-farm sectors ?(1) 18. Name the programme started in China, with the aim of industrialisation. (2) 19. Define jobless growth. (2) 20. What is meant by diversification of crop production? (2) 21. Non institutional sources exploit the poor and helpless farmers. Do you agree with this statement? (3) OR What is rural development? What are the key issues in rural development? 22. Infrastructure contributes to the economic development of a country.Discuss. (3) 23. What is meant by economic reforms? Explain the need for economic reforms. (3) 24. Explain how human capital and economic growth impact each other. (4) OR What is the need government intervention in promoting health and education in India? 25. What is organic farming? Why should be adopt organic farming? (4) 26. Why is female employment more popular in rural areas than in urban areas? How can the problem of unemployment are solved. (4)

27. Describe the salient demographic indicators in case of India, China and Pakistan. (5) OR Briefly discuss the parameters of human development. 28. Discuss the strategy of sustainable development. (5) OR Growth and Development are never sustainable if environmental degradation is not stopped. Explain. OPEN TEXT BASED ASSESSMENT (OTBA ) 29. How would matching soil to seed and product to market help improve agricultural productivity? Analyse. (5) 30. How far it is correct to say that diversification of products in agriculture is the need of the hour? Explain. (5) 31. Project work (10)