Wednesday 30 March 2016

11 th Std Class Economics - Importance questions with Answer Key

11 th Std Class Economics - Importance questions with Answer Key

UNIT : 1      Economic Growth and Development
UNIT : 2      Population
UNIT : 3      Poverty and Unemployment
UNIT : 4      National Income
UNIT : 5      Economic Planning
UNIT : 6      Agriculture
UNIT : 7      Industrial Sector
UNIT : 8      Banking
UNIT : 9      Foreign Trade
UNIT : 10    Human Resource Development
UNIT : 11    Statistical Analysis and Measures of Central Tendency
Indian Economy

Higher Secondary – First Year
UNIT : 1         Economic Growth and Development


Part B

Write very short answers

Why did the physiocrats give importance to agriculture ?

What are the forms of population pressures ?

Explain the concept “economic development”

Write a note on take-off stage.

What is vicious circle of poverty ?

PART C

Write short answers

Write a note on Hebrew economic thought.

What is net product ?

Why is Keynes considered the father of new economics ?

What are the main ideas of leading classical economists ?

Why is India considered an underdeveloped economy ?
PART D

Discuss the mercantilist thought.

What are the essential ideas of the physiocrats ?

Explain the role of the State in economic development

What are the basic characteristics of underdeveloped countries ?

Describe Rostow’s stages of economic growth.




UNIT : 2    Population


IV     Answer the following in a word or two
1.    Which theory of population is more realistic than the Malthusian Theory of Population?

2.    What are the man-made checks of population growth?

3.    Which is the most well-known theory of population in Economics?

4.    Give examples for preventive checks.

5.    What is the meaning of population explosion?

PART B

Answer the following in four or five line

6.    Define birth rate.

7.    Define Optimum Population.

8.    Define Census.

9.    Write a note on National Population Policy 2000.

10.       What are the factors determining population growth?


PART C
Answer the following in about a page

1.    Explain the causes of population explosion.

2.    Examine the steps to check rapid growth of population.

3.    Explain Malthusian theory of population.

4.    What are the measures to achieve stable population?

5.    Explain optimum theory of population.

PART D

6.    Describe in brief the ways that affect economic development by rapidly increasing population.

Explain the theory of demographic transition.



UNIT : 3    Poverty and Unemployment

Answer the following in a word or two

1.    What is the major goal of planning in India?

2.    What was the basis on which Planning Commission defined poverty line in rural areas?

3.    What is the main reason for poverty in India?

4.    What is the prerequisite for the development of a nation?

5.    How many underemployed persons are there in India?


PART B
Answer the following in four or five lines

1.    Why unemployment among educated people is increasing?

2.    Name the 5 states in India where 58% of the poor people live?

3.    Define Poverty.

4.    Define Poverty line.

5.    Define unemployment.


PART C

Answer the following questions in about a page

6.    Distinguish between Rural and Urban poverty.

7.    What are the estimates of unemployment?

What are the causes of poverty in India?
1.     What are the causes of unemployment?

2.     Examine the extent of poverty in India?


PART D

3.     Describe the various measures taken to solve unemployment problem in India?

Briefly explain the programs implemented to alleviate poverty.




UNIT : 4    National Income

IV Answer in one or two words

1.    What is obtained by dividing the National income by total population?

2.    What is the method of estimate of national income from the distribution side is called?

3.    How many methods are there to compute national income?

4.    What should be added to the three sector economy to make it to form four sector economy?

5.    Give formula for per capita income.



PART B
Answer the following in four or five lines

1.    Define national income.

2.    What is the indicator of a country’s economic development?

3.    What does national income at constant prices mean?

4.    Mention the names of national income series in India.

Write a note on double counting?
PART C

Answer the following questions in about a page

1.     Explain the basic concepts of national income.

2.     Distinguish between national income at current and constant prices.

3.     Why do we study national income?

4.     Explain the trend in national income from 1950 to 2005.

5.     Explain the sectoral composition of national income.



PART D

6.     Examine the methods of calculating national income.

Describe the problems in calculating the national income.


UNIT : 5    Economic Planning

Answer each one of the questions in a word or two

7.    Who was the Prime Minister of India when the First Five Year Plan was launched?

8.    What was the policy followed during the 19th century ?

9.    What is the body that draws Five Year plans in India ?

10.      What is the period of the Tenth Five Year Plan ?

11.      Who gave the name “Hindu rate of growth” ?

  
PART B

Answer for each question should be about four or five lines

1.    Define Planning.

2.    What is the main problem of planning in underdeveloped countries ?

What is a rolling plan ?
3.    Explain the concept of Indicative planning ?

4.    What is Mahalanobis strategy ?


PART C

Answer for each question should be about a page

5.    What are the problems of planning in underdeveloped countries ?

6.    What are the major objectives of planning in India ?

7.    What are the key objectives of the Tenth Plan ?

8.    Discuss the case against Laissez Faire.

9.    Explain the need for economic planning.


PART D

Answer for each question should be about three pages

10.      Discuss the problems of planning in backward countries.

11.      Describe the characteristics of economic planning.

12.      Explain the various types of planning.

13.      Discuss the objectives and achievements of planning of India.

Explain the objectives and achievements of the Ninth Five Year Plan


UNIT : 6    Agriculture

Answer the following in a word or two

1.     What is the yield per hectare called?

2.     What are the ways in which agricultural productivity can be measured?

3.     Is capital-output-ratio small in agriculture?

Give example for natural factors affecting cropping pattern?
4.    Is crop insurance scheme essential for the farmers?

PART B

Answer the following in four or five lines

5.    What is the contribution of agriculture to economic growth?

6.    What are the components of agricultural growth?

7.    List out the factors responsible for the backwardness of agriculture.

8.    Define cropping pattern.

9.    Define agricultural holding.

PART C

Answer the following questions in about a page

10.      Explain the relationship between the agricultural and non-agricultural sectors.

11.      Examine the remedial measures to solve the various problems of Indian agriculture.

12.      Describe the factors affecting cropping pattern.

13.      Explain the objectives and measures of land reforms in India.

14.      Discuss the importance of agricultural marketing.?

PART D

31    Express in detail the role of agriculture in economic development.

1.    Discuss the factors responsible for the backwardness in agriculture.

Describe in detail the factors affecting the cropping pattern.



UNIT : 7    Industrial Sector

Write in one word or two

1.    Give an example of a country that follows mixed economic system.

2.    Give an example for large scale industry.

3.    Is sugar industry an agro-based industry?

4.    Expand LPG.

5.    What was the main aim of Second Five Year Plan?

PART B

Answer the following in four or five lines

6.    Define industrialization.

7.    Define mixed economy.

8.    Define Privatization.

9.    What is the use based classification of industry?

10.      Define liberalization.

PART C

Answer the following questions in about a page

11.      Explain the significance of public sector.

12.      Explain the position of industrialization under pre and post independence period.

13.      List out the organizations which provide industrial finance.

Write about the disinvestment of public enterprises.
2.     Explain the integrated strategies devised by the Eighth Plan for public sector restructuring.

  

PART D

1.     Explain various large scale industries and their performance.

2.     Examine the needs of industrial sector.

3.     Explain the role and importance of small scale industries.

4.     Discuss elaborately the various aspects of new industrial policy of 1991.

Explain environmental hazards and its causes and the measures taken by the Government to overcome them.


UNIT : 8    Banking

Answer the following in one or two

1.    Name the first bank that was nationalized in India.

2.    Who operates the current account deposits?

3.    Which organization established EXIM bank?

4.    Which organization is called the lender of last resort?

Can the commercial bank print and circulate currency notes?
PART B

Answer the following in four or five lines

1.    What do you mean by a bank?

2.    Write a note on commercial banks.

3.    What is Central Bank? Give example?

4.    What is Open market operations?

5.    What is moral suasion?

PART C

Answer the following question in about a page

6.    Explain the role of banks in economic development.

7.    Distinguish between central bank and commercial bank.

8.    Give definitions of central bank by various monetary theorists.

9.    Explain various quantitative credit control methods of RBI.

10.      Explain the different types of loans and advances made by the commercial banks.

PART -D

1.    Describe the functions of commercial banks.

2.    Examine the functions of central bank.


UNIT : 9    Foreign Trade

Answer in one or two words

1.    Name four exports of India.

2.    Name the record of a country’s monetary transactions.

3.    When was SAP started?

4.    Which is the catalyst for multinational investment?

5.    What is SAF?

PART B

V Answer the following in four or five lines

1.    What are the two classifications of NEP?

2.    Name the three methods of technology transfer.

3.    What are the functions of money?

4.    What is balance of payments?

5.    What are the components of foreign trade?

PART C

 Answer the following questions in about a page

6.    What are the parameters of Globalization?

7.    Describe the evolution of money.

8.    What are the functions of IMF?

9.    Differentiate the balance of trade from balance of payments.

10.           What are the objectives of GATT and what are its methods of achieving them?

PART D

11.           Explain the role of Foreign Trade in the economic development.

12.           Explain the components of India’s Foreign Trade.

13.           What is IMF? Explain its functions?

What is IBRD? Explain its functioning.


UNIT : 10  Human Resource Development

Answer each one of the questions in a word or two

1.    When was the birth of Human capital theory announced ?

2.    Is the correlation between the first level enrolment ratio and GNP higher or lower?

3.    Do the theories of HRD refer in a general way to educational planning ?

4.    Do you agree that an educational explosion has taken place in India ?

In which year the National Policy on Education (NPE) formulated ?
PART B

Answer for each question should be about four or five lines

1.    Define Human Resource Development.

2.    What do you mean by Human Capital ?

3.    How is composite index of HRD constructed ?

4.    What is Human Development ?

5.    ZHow is gender related development index constructed ?

PART C

Answer for each question should be about a page

6.    What according to Harbison and Myers are human resource indicators ?

7.    Write a note on early Child Health Care Programme and Arivoli Thittam.

8.    Explain the concept of Human Poverty Index (HPI).

9.    What are the basic choices to be made by Government while evolving HRD strategies ?

PART D

Answer for each question should be about three pages

10.       Discuss the relationship between HRD and economic development.

11.       Describe the different approaches of manpower planning.

12.       Describe the educational development in India since 1951.

13.       Discuss educational progress in Tamil Nadu.

Discuss the meaning and importance of Human Development Index.


UNIT : 11  Statistical Analysis and Measures of Central Tendency

Answer the following in a word or two

1.    Which is an important requirement for a table?

2.    Give the formula for Mean X.

3.    What is the formula for Median?

4.    What is the first step in tabulation?

5.    Which is the diagram that describes only one variable?


PART B

Answer the following in four or five lines

6.    Define statistics.

7.    What are the types of data?

8.    Write a note on graphs and diagrams.

9.    What are the types of classification?

10.           Write a note on pie diagram.

PART C

Answer the following question in about a page

11.           Distinguish between classification and tabulation.

Explain rules of tabulation.
1.     Distinguish between graphs and diagrams.

Examine the characteristics of a good average.


UNIT : 12  Measures of Variability

Answer the following in a word or two

1.    What is the difference between Large and Small Value?

2.    What can be derived from variance?

3.    Name the Popular Index.

4.    Which is the Specialized Indicator?

Give the equation that interrelates the three types of Index Numbers.

PART B

Answer the following in four or five lines

1.    What are the methods of measuring variability?

2.    What is mean deviation?

3.    What is variance?

4.    Name the three major types of Index Numbers.

5.    What are the three main methods to calculate weighted index number?



PART C

Answer the following questions in about a page

6.    Explain the Mean Deviation.

7.    What is meant by Standard Deviation? Explain.

8.    What is Quartile Deviation? Explain.

9.    What is Index Number? Explain the types.

10.           What are the uses of Index Number?

11.           Explain the methods of constructing Unweighted Index Number.



PART D

12.           Explain the methods of measuring variability.

Find out P10, P25, Q2, Q3 for the following data.
16 11  9  10 10 14 18 11

7 15 19 13  7 13  14  9

18 12 17 15 16 16  10 12

9 13 12 11 17 10 15  16

19 13 11 14  8 12 16  14

What is an index Number? Explain its kinds and uses.

Explain the methods of constructing Index Number.



UNIT : 1    Economic Growth and Development
UNIT : 2    Population
UNIT : 3    Poverty and Unemployment
UNIT : 4    National Income
UNIT : 5    Economic Planning
UNIT : 6    Agriculture
UNIT : 7    Industrial Sector
UNIT : 8    Banking
UNIT : 9    Foreign Trade
UNIT : 10  Human Resource Development
UNIT : 11  Statistical Analysis and Measures of Central Tendency
UNIT : 12  Measures of Variability

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