GREENFIELD PUBLIC SCHOOL, KURUKSHETRA

2015-16
SA-II
Class-XI
Subject-Economics

Name- Time Allowed: 3 Hrs

Roll No- Max. Marks: 100
General Instructions:
(a) All questions in both the sections are compulsory
(b) Marks for questions are indicated against each
(c) Question No.1-2 and 13-14 are 1 mark each.
(d) Question No.3-5 and 15-18 are 3 marks each.
(e) Question No.19-20 is short answer questions carrying 4 marks each. Answer to them should
normally not exceed 70 words each.
(f) Question No.6-8 are 5 marks each.
(g) Question No.9-12 and 21-23 are 6 marks each.
(h) Question No.24 is OTBA carrying 10 marks (2 marks each)
(i) Answer should be to the point.

SECTION-A

STATISTICS FOR ECONOMICS

1. What is Lorenz Curve? (1)

2. Define Primary Data? (1)
3. Following are the wages of 19 workers: (3)

Wages (Rs.) 10 20 30 40 50
No. of Workers 4 5 3 2 5
Calculate arithmetic mean.
4. What are the main methods of sampling? (3)
5. Draw a multiple bar diagram to show the following data: (3)

Students A B C
Marks in Economics 40 35 30
Marks in English 30 15 25

6. The following table gives the marks obtained by some students. (5)

Calculate the median marks obtained by the students.

 Marks 0-5 5-10 10-15 15-20 20-25 25-30 30-35 35-40 40-45

Number of Students 6 12 17 30 10 10 8 5 2

7. Calculate mean deviation and its coefficient from median from the following data: (5)

Marks 0-10 10-20 20-30 30-40 40-50

No. of Students 5 8 15 16 6

8. Given the following series, Calculate standard deviation. (5)

Size 0-2 2-4 4-6 6-8 8-10 10-12

Frequenc 2 4 6 4 2 6
y

9. In the following frequency distribution, the frequency of the class interval (40-50) is
not known. Find it, if the arithmetic mean of the distribution is 52: (6)

Wages (Rs.) 10-20 20-30 30-40 40-50 50-60 60-70 70-80

No. of 5 3 4 ? 2 6 13
Workers

10. In a Poetry Recitation Competition, 10 participants were accorded following marks by

two different judges, X and Y. (6)

X 15 17 14 13 11 12 16 18 10 9
Y 15 12 4 6 7 9 3 10 2 5
Calculate the coefficient of Rank Correlation.

11. Find out index value from the following data using (i) Laspeyres method (ii) Paasches
method and (iii) Fishers method. (6)

Items Base Year Base Year Current Year Current Year

Quantity Price(Rs.) Quantity Price(Rs.)
A 6 10 8 12
B 4 15 5 20
C 5 8 3 16
D 3 9 6 1

12. Calculate the coefficient of correlation between the age of husbands and wives: (6)

Age of Husbands (Years) 21 22 28 32 35 36

Age of Wife(Years) 18 20 25 30 31 32

SECTION-B
INDIAN ECONOMIC DEVELOPMENT

13. On the eve of independence, India was net exporter of:

(a) Primary products (c) Both (a) and (b)
(b) Finished industrial goods (d) None of these (1)
14. Which of the following bodies/institutions prepares the five years plans in India?
(a) Planning Commission (c) Finance Ministry
(b) National Development Council (d) Home Ministry (1)
15. What is disinvestment (3)
16. Write down the six problems of Indian agriculture (3)
17. Explain the components of new economic policy (3)
18. Explain the concept of sustainable development in relation to exploitation of the natural
resources. (3)
19. Whether the import substitution can protect the domestic industry? If yes then give
reasons (4)
20. State any four failures of Indian five year plans (4)
21. What are the reasons behind the widespread poverty in India? Explain in detail (6)
22. Give your suggestions to solve the unemployment in India (6)
23. What are the main causes of recent price rise in India (6)
24. OTBA Questions (10)
(I) What is OPEC? When was it formed
(II) Explain how a rise in petrol and diesel prices contributes to an inflationary trend in
the economy
(III) Rising prices of crude oil in the international market leads to a rise in fiscal deficit in
the Indian economy. Explain how.
(IV) What are subsidies? Why all these granted by the government to the oil companies in
India?
(V) Petrol and diesel prices in India have been de-regulated. How is it going to impact the
country?
 Chapters for SA-II
SECTION-A (STATISTICS FOR ECONOMICS)

Chapter 3- Collection of Data

Chapter 5- Tabular Presentation

Chapter 8- Measures of Central Tendency- Arithmetic Mean

Chapter 9- Measures of Central Tendency- Median and Mode

Chapter 10- Measures of Dispersion

Chapter 11- Measures of Correlation

Chapter 12- Index Numbers

SECTION-B (INDIAN ECONOMIC DEVELOPMENT)

Chapter 1- Indian Economy on the eve of Independence

Chapter 2- Five year plans in India: Goals and Achievements

Chapter 3- Features, Problems and Policies of Agriculture

Chapter 5- Indias Foreign Trade

Chapter 6- Economic reforms since 1991 or New Economic Policy

Chapter 7- Poverty

Chapter 10- Employment and Unemployment

Chapter 11- Inflation

Chapter 13- Environment and Sustainable Development

OTBA Theme- Oil Pricing Policy in India