MBOSE Class 11 Question Paper 2020 for Economics

Total No. of Printed Pages –– 8 (2)
HS/XI/A. Com/Ec/20
7. Question No. 16-18 and 34-36 are Essay type/Long
Answer type questions carrying 6(six) marks each.
2020 Answers to them shoud be answered in less than 100
words each.
ECONOMICS

Full Marks : 80

Time : 3 hours PART – A

( INTRODUCTORY MICROECONOMICS )

General Instructions:

1. All questions in both the Sections are compulsory.
1. Which of the following central problem of an economy
deals with the distribution of National Income? 1
2. Marks of questions are indicated against each
questions. (a) How to produce

(b) What to produce
3. Question Nos. 1-5 and 19-23 are objective type
questions carrying 1 (one) mark each. (c) For whom to produce

4. Question Nos. 6-10 and 24-28 are very short answer (d) None of the above.
type questions carrying 1 (one) mark each. Answers
to them should be answered in one sentence each. 2. Indifference Curve 1

5. Question Nos. 11-13 and 29-31 are short answer (a) Slopes upward from right to left
questions carrying 2 (two) marks each. Answers to
(b) Slopes downward from left to right
them should be less than 30 words each.
(c) Slopes downward from right to left
6. Question Nos. 14-15 and 32-33 are short answer
questions carrying 3 (three) marks each. Answers to (d) None of the above.
them should be answered in less than 50 (fifty) words.

HS/XI/A. Com/Ec/20 HS/XI/A. Com/Ec/20

(3) (4)

3. A rise in Income of the consumer x leads to a fall in 6. What is the meaning of the central problem ‘What to
the demand for the good ‘A’ by him. What is the good Produce’? 1
‘A’ called. 1

(a) Complementary good 7. Define Utility. 1

(b) Substitute good 8. Define Indifference Map. 1

(c) Inferior good
9. What is market supply curve? 1

(d) Normal good.
10. What is constant returns to scale? 1

4. Which cost do not change when the output changes 11. What do you understand by normative economic
in the short run? 1 analysis. 2
(a) Average variable cost
12. Define a budget line. When can it shift to the right?
(b) Total variable cost 1+1=2
13. Give the relationship between Total Utility and
(c) Average fixed cost
Marginal Utility. 2
(d) Total fixed cost.
14. Draw and explain the Average Fixed Cost Curve. 1 + 2 = 3

5. How does Average Revenue curve under perfectly
competetive market looks like? 1 15. What do you mean by complementary goods. Give
examples of two goods which are complementary to
(a) Downward sloping each other. 3

(b) Straight line parallel to X-axis
16. Explain the law of demand with the help of a diagram. 6
(c) Upward sloping
17. What is the law of Variable Proportions? Explain with
(d) Straight line parallel to Y-axis the help of a diagram. 6

HS/XI/A. Com/Ec/20 HS/XI/A. Com/Ec/20

(5) (6)

18. Explain the effect of a ‘Price Ceiling’. 6 21. Raw data is made comprehensible by 1
(a) Collection of data.
OR
(b) Classification of data.
Explain Market Equilibrium. Show how equilibrium
changes when demand curve shift upward. 4+ 2=6 (c) Organisation of data.

PART – B (d) Presentation of data.

( STATISTICS FOR ECONOMICS )
22. Which is the crudest measure of dispersion? 1
(a) Range.

19. Technique which gives every item of the universe an (b) Inter Quartile Range.
equal chance of being selected is ________. 1
(c) Semi Inter Quartile Range.
(a) Convenient sampling.
(d) Mean Deviation.
(b) Random sampling.

(c) Judgement sampling.
23. Which part of a table gives us the numerical
(d) Non-Random sampling. information? 1
(a) Title.
20. NSSO provides periodic estimates of 1
(b) Caption.
(a) Literacy and utilisation of educational service.
(c) Stub.
(b) Employment and unemployment.
(d) Body.
(c) Manufacturing and service sector enterprise.

(d) All of these. 24. What is distribution? 1

(7) (8)

25. What is sampling error? 1 33. What is Index number? Give any two importance of
Index number. 3

26. Calculate Mode for the following data- 1
x : 2, 2, 4, 1, 2. 34. Find out Median from the following data. 6

Marks : 0-10 10-20 20-30 30-40 40-50
27. What value divides a distribution into two equal parts? 1
No. of : 08 30 40 12 10
Students
28. Draw a scatter diagram for a given distribution. 1

35. Find the Standard Deviation for the following
29. State the importance of Statistics in Economics. 2 distribution : 6

Class Interval Frequency
30. Draw a Simple Bar digram for the following data : 2
0 – 50 15
Year Food grain production (in tonnes)
50 – 100 20
2016 400
100 – 150 18
2017 500
150 – 200 25
2018 300
200 – 250 22
2019 600

31. Calculate Arithmetic Mean from the following marks 36. Explain the importance of Consumer Price Index. 6
of the students in an Economics test 2 OR
40, 50, 60, 70, 90
Mention the different types of Index Numbers?
Explain any one of them. 2+4=6
32. What is correlation? Distinguish between positive and
negative correlation. 3 