2018
ECONOMICS
Full Marks : 100
Time : 3 hours
The figures in the margin indicate full marks for the questions
1. Answer the following as directed :
a) Who is known as the father of Economics?
b) What is primary data?
c) Mention any one advantage of diagram in data presentation.
d) Quartiles divide series into ______ equal parts. (2, 3, 4, 5)
e) What is range?
f) What is a project?
2. What two importance’s of the study of Statistics in Economics. 2
Or
Mention two characteristics of Statistics.
3. Mention two sources of secondary data. 2
4. Find the mean from the following data : 2
Class interval | 0-10 | 10-20 | 20-30 | 30-40 | 40-50 |
Frequency | 2 | 7 | 12 | 7 | 2 |
5. What is wholesale price index number? 2
6. Draw a perfectly positive correlation and a perfectly negative correlation with the help of scatter diagram. 1+1=2
7. Write two advantages of arithmetic mean.
8. What are the advantages of sampling method of data collection over the census method? 4
9. Represent the following data by a frequency distribution table : 4
17 | 26 | 11 | 20 | 38 | 46 | 27 | 25 | 47 | 10 |
30 | 34 | 33 | 14 | 27 | 47 | 37 | 26 | 18 | 40 |
Or
Draw a frequency polygon from the following data : 4
Class interval | 0-20 | 20-40 | 40-60 | 60-80 | 80-100 |
Frequency | 3 | 5 | 12 | 4 | 1 |
10. What is correlation? State the significance of the values of correlation coefficient r are 1, -1 and 0. 1+3=4
Or
With the help of the following data, calculate index numbers for 2016 taking 2015 as the base year : 4
Commodity | Price in 2015 | Price in 2016 |
A B C D E | 100 155 110 190 95 | 140 210 155 285 160 |
11. Find the median from the following data : 4
Marks | 0-10 | 10-20 | 20-30 | 30-40 | 40-50 | 50-60 | 60-70 | 70-80 |
No. of Students | 2 | 18 | 30 | 45 | 35 | 20 | 6 | 4 |
12. Mention the necessary steps in preparing a project. 4
13. What is dispersion? What are its measures? Why is standard deviation called the best measure of dispersion? 1+2+3=6
Or
What is mode? Find out mode from the following data : 1+5=6
Class interval | 20-30 | 30-40 | 40-50 | 50-60 | 60-70 | 70-80 |
Frequency | 16 | 20 | 25 | 15 | 13 | 11 |
14. Calculate quartile deviation from the following data : 6
Roll No. | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
Marks | 30 | 38 | 50 | 22 | 40 | 25 | 60 |
Or
What is index number? Discuss the steps in constructing index number. 1+5=6
PART – B
(Indian Economic Development)
15. Answer the following :
a) What was the main source of livelihood in India at the pre-Independence period?
b) When was the First Five – Year Plan commenced in India?
c) What do you mean by seasonal unemployment?
d) What is mixed economy?
e) What is economic infrastructure?
f) Which sector of the economy contributes highest to GDP in China?
16. Mention any two features of Indian agriculture. 2
17. Point out two failures of economic reform in India. 2
18. Mention any two sources of human capital. 2
19. Mention any two non-institutional sources of rural credit in India. 2
20. What are the two areas where Pakistan has performed better than India? 2
21. What is globalization? Mention one merit of globalization. 1+1=2
22. Mention four poverty alleviation programmes taken by the Government of India. 4
Or
What do you mean by rural development? Mention two subjects related to rural development. 2+2=4
23. Write down any four defects of agricultural marketing in India. 4
Or
How is organic farming superior to conventional farming? 4
24. State two advantages and two disadvantages of liberalization. 2+2=4
25. What is sustainable development? Mention three objectives of sustainable development. 1+3=4
Or
Mention four causes of environmental pollution in India.
26. Make a comparison between India and China as regards with population size, density of population, birthrate and literacy rate. 4
27. Discuss the role of agriculture in economic development of India. 6
Or
Discuss the common objectives of Five-Year Planning of India. 6
28. Discuss the various causes of unemployment in India. 6
Or
Briefly explain the causes responsible for poverty in India. 6
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