MBOSE Class 11 Question Paper 2023 for Economics

Total No. of Printed Pages –– 10 (2)
HS/XI/A. Com/Ec/23
7. Question No. 16-18 and 34-36 are Essay type/Long
Answer type questions carrying 6(six) marks each.
2023 Answers to them shoud be answered in less than 100
words each.
ECONOMICS

Full Marks : 80
PART – A
Time : 3 hours
( STATISTICS FOR ECONOMICS )

General Instructions: ( Marks – 40 )

1. All questions in both the Sections are compulsory.
1. Statistics is the study of facts 1
2. Marks of questions are indicated against each
(i) Quantitative
questions.
(ii) Qualitative
3. Question Nos. 1-5 and 19-23 are objective type
questions carrying 1 (one) mark each. (iii) Both quantitative and qualitative

(iv) Aggregate.
4. Question Nos. 6-10 and 24-28 are very short answer
type questions carrying 1 (one) mark each. Answers
to them should be answered in one sentence each.
2. Which of the following is a source of secondary data? 1
5. Question Nos. 11-13 and 29-31 are short answer
questions carrying 2 (two) marks each. Answers to (i) Government Publication
them should be less than 30 words each.
(ii) Private Publication

6. Question Nos. 14-15 and 32-33 are short answer (iii) Report published by the State Bank of India
questions carrying 3 (three) marks each. Answers to
them should be answered in less than 50 (fifty) words. (iv) All of these.

HS/XI/A. Com/Ec/23 HS/XI/A. Com/Ec/23

(3) (4)

3. Which of the following is a correct expression of 6. What are the two main sources of data? 1
arithmetic Mean for discrete series. 1

X 7. What is Economics? 1
(i)
f

 fX
(ii) 8. Mention two uses of Statistics in Economics. 1
f

 fm
(iii) 9. Why is ogive curve also called cumulative frequency
f curve? 1
(iv)  fX. f OR
What is a questionaire?

4. Consumer price index is also known as 1
(i) Industrial Production Index 10. What is an index number? 1

(ii) Cost of Living Index

(iii) Wholesale Price Index 11. Distinguish between sample and census methods. 2

(iv) None of these.
12. Mention the four kinds of classification used in
tabulation. 2
OR
5. The range of simple correlation Coefficient is: 1
(i) O to infinity What are the merits of primary data? 2

(ii) –1 and 1
13. What are the different methods of finding correlation? 2
(iii) Minus infinity to infinity

(iv) None of these. 14. What are the uses of wholesale price index? 3

HS/XI/A. Com/Ec/23 HS/XI/A. Com/Ec/23

(5) (6)

15. Give the merits and demerits of Spearman’s Rank 17. Calculate arithmetic mean using Step-Deviation
Correlation Method. 3 Method from the following table. 6

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

No. of Students: 20 24 40 36 20
Explain the relationship between Mean, Median and
Mode. 3

18. Construct index number of Industrial production from
the following data: 6
16. Construct a ‘less than’ and ‘more than’ Ogive from
the following frequency distribution of marks: OUTPUT
6
Industry Base Current Weights Units
Marks : 0-20 20-40 40-60 60-80 80-100 year year
Manufacturing Mill
No. of Students : 6 5 33 14 6 122 300 85
Production Tonnes
Electrical Th.
OR 203 400 5
Product Tonnes

Mining Mill
The following table shows the estimated sectoral real 65 87 10
Tonnes
growth rates (percentage change over the previous
year) in GDP at factor cost. 6
Year Agriculture and Industry Services
allied sectors PART – B

1994-95 5.0 9.2 7.0 ( INTRODUCTORY MICROECONOMICS )
1995-96 –0.9 11.8 10.3
( Marks – 40 )
1996-97 9.6 6.0 7.1
1997-98 –1.9 5.9 9.0 19. A statement which does not offer any suggestion is
1998-99 7.2 4.0 8.3 known as: 1
1999-2000 0.8 6.9 8.2 (i) Positive statement

Represent the data as multiple time series graphs. (ii) Normative statement

HS/XI/A. Com/Ec/23 HS/XI/A. Com/Ec/23

(7) (8)

(iii) Both (i) and (ii) 22. If TVC is 100 and TFC is 350, what will be the value
of TC ? 1
(iv) None of these.
(i) 380

(ii) 400

20. When total utility is maximum, marginal utility (iii) 450
becomes: 1
(iv) 550.

(i) Zero

(ii) Unity 23. Price ceiling means fixing price ______ the equilibrium
price. 1
(iii) Positive (i) Equal to

(iv) Negative. (ii) Above

(iii) Below

(iv) None of these.
21. The demand function of a good X is given as :
Dx = 10 – 2Px . The demand at price of 4 will be: 1

24. What is an economy? 1
(i) 6

(ii) 2
25. Define Production function. 1
(iii) 10

26. Mention any two factors affecting price elasticity of
(iv) 4
demand. 1

HS/XI/A. Com/Ec/23 HS/XI/A. Com/Ec/23

(9) ( 10 )

27. When is a procducer said to be in equilibrium? 1 What is total cost? Represent the relationship between
TVC and TFC by means of a diagram. 1+1+1=3

28. Represent increase in supply by means of a diagram. 1
33. Explain any three features of perfect competition. 3
OR

What is meant by decrease in supply? 1 34. Explain the measurement of Price elasticity of demad
with the help of total expenditure method. 6

29. Mention any two properties of production possibility
curve (PPC). 2 35. Explain the properties of indifference curve. 6

OR
30. Explain the relationship between Marginal revenue
and Total revenue. 2 Explain how a consumer attains equilibrium in the
case of one commodity. 6
OR

Find MU from the following schedule : 2
36. State and explain the law of supply with the help of a
Quantity 1 2 3 4 5 6 7
(Consumed) hypothetical schedule and diagram. 6

TU (Utils) 10 16 19 21 22 22 20


31. Why is a seller under Perfect Competition called price
taker? 2

32. Explain the relationship between average product and
marginal product. 3

OR

HS/XI/A. Com/Ec/23 HS/XI/A. Com/Ec/23