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PERIODIC TEST
QUESTION
PAPER
PT1 - PT2
BASED P
T A
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P
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NC
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ECONOMICS (030)
UNIT TEST I CLASS XI
MM: 40 Times: 90 Minutes
General Instructions:
i. All the questions are compulsory. Marks for questions are indicated against each question.
ii. Question number 1-10 is -MCQ questions carrying 1 marks each. These are required to be answered in one
word .
iii. Question number 11-12 is short -answer questions carrying 3 marks each. Answers to them should not
normally exceed 30-50 words each.
iv. Question number 13-15 are long -answer questions carrying 4 marks each. Answers to them should not
normally exceed 50-80 words each.
v Question number 16-17 are very long -answer questions carrying 6 marks each. Answers to them should
not normally exceed 100-120 words each.
vi Word limit does not apply on numerical questions. Answer should be brief and to the point and the above
word limit should be adhered to as far as possible.
Q. Questions Marks
No.
1 Which method gives more accurate results? 1
(a) Census method
(b) Sample method
(c) Both equally
(d) None
2 Which of the following is not a central problem of an economy? 1
(a) What to produce?
(b) How to produce?
(c) How to maximize profits?
(d) For whom to produce?
3 A simple line graph is used to represent: 1
(a) Only continuous data
(b) Only discrete data
(c) Time series data
(d) None of these
4 Assertion (A): Organisation of data is the process of arranging data systematically. 1
Reason (R): It helps in easy presentation and interpretation.
Options:
(a) Both A and R are true, and R is the correct explanation of A.
(b) Both A and R are true, but R is not the correct explanation of A.
(c) A is true but R is false.
(d) A is false but R is true.
5 Choose the correct statement: 1
(a) Central problems arise because resources are unlimited.
(b) Central problems arise because resources are scarce.
(c) Central problems arise because wants are limited.
(d) Central problems arise because production is easy.
6 The problems of ----------deals with techniqueof production. ( FILL IN THE BLANK ) 1
7. Assertion (A): Census method is more reliable than sample method. 1
Reason (R): Census method studies the entire population.
Options:
(a) Both A and R are true, and R is the correct explanation of A.
(b) Both A and R are true, but R is not the correct explanation of A.
(c) A is true but R is false.
(d) A is false but R is true.
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8. In the order of sequence , the point of underutilization and unattainable are 1
a) A and F b) F and E c ) D and E d) E and F
9. Ramesh is working at a salary of 86,000 per month. He receives two job offers: (i) To work as an 1
accountant at a salary of 590,00 per month; (ii) To work as a sales manager at a salary of 55,000
per month. In the given case, his opportunity cost will be:
(a) ₹86,000 (b) ₹55,000 (c) ₹59,000 (d) ₹55,000
10. Virat kohali has lomng belt. The statement is Statistics. (True/false ) 1
11. Identify the following two pictures as statement belonging to positive economics and normative 1+1+1=
economics . Write one features of each. 3
.
12. Case-Study Based Questions 3
Read the following text carefully and answer the questions on the basis of the given text and
common understanding:
Sampling design is a flexible and essential tool in research, especially when it is impractical or
difficult to study an entire population. This is particularly relevant in legal research as well as in
social science research. When it's not feasible to collect data from everyone in the population,
researchers have the option of selecting a smaller portion of the population, known as a sample.
This process is called sampling, and the portion selected is called a sample. The main objective of
sampling is to make inferences about the larger population based on the information gathered
from the smaller sample. Several sampling methods selecting exist, a sample: researchers should
strive to avoid bias in the selection process and aim to achieve the maximum possible accuracy
given the available resources.
Source: Kalpana V. Jawale, Online International Interdisciplinary Research Journal, 2022 (Adapted
& Modified)
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A. Which of the following is a method of sampling?
(a) Purposive sampling (b) Random sampling
(c) Quota sampling (d) All of these
B. Which of the following is true about sampling?
(a) Sample is a part of population (b) Sampling saves time, money and energy
(c) Sampling method is more scientific (d) All of these
C. sampling allows every item in the universe an equal chance of being selected in the sample.
(a) Random (b) Purposive (c) Convenience (d) Systematic
13. A. what is an economic problem. Explain how to produce 2+2 =4
B. Calculate MOC for the given combination of a commodity.
Commodity A
0 1 2 3 4 5
Commodity B 15 14 12 9 5 0
MOC
14. The test of 500 people of the a society for different type of food recorded as follows. 4
Draw a pie diagram represent the data .
Type of food South india North india japanies korian taiwan
Number of 50 75 125 100 150
people
15. A - Differentiate primary data and secondary data 2+2+4
B - Define Law of Diminishing Marginal Utility.
16. A. Explain the main parts of the table. 3+3= 6
B. Present the data given in the table below in a histogram
Marks 0-10 10-20 20-30 30-40 40-50 50-60 60-70 70-80
Frequency 4 10 16 22 26 18 8 2
17. A. What total utility define with suitable example 3+3=6
B. Present the following data in the form of horizontal bar diagram.
Student A B C D E F
Marks 300 250 200 150 100 50
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