MBOSE Class 11 Question Paper 2018 for Economics

Total No. of Printed Pages –– 9 (2)
HS/XI/A. Com/Ec/18
2. The act of using up the utility of a commodity or
service is called 1
2018
(a) Investment
ECONOMICS
(b) Consumption
Full Marks : 90
(c) Production
Time : 3 hours

The figures in the margin indicate full marks for the questions 3. The minimum number of people required to form
a Joint Stock Company is 1
General Instructions:
(i) Write all the answers in the Answer Script. (a) 5
(ii) Attempt Part–A Objective Questions serially. (b) 6
(iii) Attempt all parts of a question together at one place.
(c) 7

SECTION–I
4. The economic system under which the
( OBJECTIVE QUESTIONS ) government does not take any part in economic
activity is 1
( Marks : 36 )
(a) Capitalism
A. Write the correct answers from the given alternatives: (b) Socialism
(Any Ten) 1 x 10 = 10
(c) Mixed economy
1. “Economics of Industry” was written by 1
(a) Adam Smith
5. The rate of interest paid by Commercial Banks is
(b) Alfred Marshall
highest in 1
(c) Lionel Robbins (a) Fixed Deposit Account

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(3) (4)

(b) Current Deposit Account 9. The number of people living below the poverty line in
India is/has 1
(c) Saving Deposit Account
(a) Constant

(b) Increased
6. Resources like water, fisheries and forests are 1 (c) Declined

(a) Renewable resources
10. Statistics may be called the science of counting 1
(b) Non-renewable resources
(a) A. L. Bowley
(c) Exhaustible resources
(b) Yule and Kendall

(c) Croxton and Cowden
7. Sex ratio refers to the number of females per 1

(a) 100 males 11. Graphical representation of a time series data is
called a 1
(b) 1000 males
(a) Pie diagram
(c) 10000 males
(b) Historigram

(c) Frequency polygon

8. Unemployment found mostly in the urban sector
is 1
12. The concept of Standard Deviation was
introduced by 1
(a) Seasonal unemployment
(a) Croxton and Cowden
(b) Disguised unemployment
(b) A. L. Bowley
(c) Industrial unemployment
(c) Karl Pearson

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(5) (6)

B. Fill in the blanks with one word only : (Any Ten) 11. is that value of the variable which
1 x 10 = 10 occurs with maximum frequency. 1

12. is the simplest form of dispersion. 1
1. The two broad branches of Economics are
Micro-economics and Economics. 1
C. Answer the following questions in two or three
2. Activities carried out for getting a monetary reward sentences each. (Any eight) 2 x 8 = 16
are known as activities. 1
1. Define utility. 2
3. Land is in supply. 1
2. State two characteristics of land. 2
4. Mixed economy is that economy in which both
the sector and private sector co-exist. 1 3. What is a capitalist economy? 2

5. In India one rupee notes/coins are issued by the 4. State Gresham’s Law. 2
Ministry of . 1
5. What is a bank? 2
6. Under developed countries have
consumption level. 1
6. What is density of population? 2

7 India’s population is the largest in
7. Mention two causes of unemployment in India. 2
the world. 1

8. Give full form of 1+1=2
8. unemployment can happen even in
a situation of full employment. 1 (a) IRDP
(b) NREP
9. National income at constant price is also called 9. What is per capita income? 2
national income. 1
10. What is primary data? 2
10. Frequency polygon is derived from a . 1

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(7) (8)

11. What is a Multiple bar diagram? 2 6. Briefly explain the functions of a Central Bank. 6

12. Calculate range for the following 2 PART – II
Marks: 0-10 10-20 20-30
Frequency: 1 3 2 ( ANY THREE )

SECTION –– II 7. Distinguish between economic growth and economic
development. 3+3=6
( DESCRIPTIVE QUESTIONS )
8. Explain the direct benefits of forest resources. 6
( Marks – 54 )
9. Distinguish between: 3+3=6
Answer any nine questions taking three from each part. (a) Open unemployment and disguised
6 x 9 = 54 unemployment.
(b) Under-employment and seasonal unemployment.
PART – I
( ANY THREE ) 10. What are the measures suggested to control the rapid
growth of population in India? 6
1. State and explain Robbins’ definition of Economics.
2+4=6 11. What are the causes of poverty in India? 6
2. Define wealth. What are the characteristics of wealth?
12. Discuss the sectoral distribution of national income
2+4=6
in India. 6
3. What are the functions of an entrepreneur as a factor
of production? 6
PART – III
4. What are the general features of socialism? 6
( ANY THREE )

5. Discuss the primary and secondary functions of
money. 6 13. Describe the importance of statistics. 6

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14. Distinguish between Census Enumeration and
Sampling Technique. What are their respective merits?
2+4=6

15. Calculate the median for the following: 6

Marks : 10 20 30 40 50 60
Frequency : 5 8 11 12 5 9

16. Calculate the mode for the following series: 6
Marks : 0 – 10 10 – 20 20 – 30 30 – 40 40 – 50
Frequency : 8 12 16 10 6

17. Define Mean Deviation. What are the advantages and
disadvantages of Mean Deviation? 2+4=6

18. Calculate the Standard Deviation for the following. 6
Marks : 2 4 6 8 10
Frequency : 4 5 11 7 3

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