11
th Std Class Economics - Importance questions with Answer Key
UNIT : 1 Economic Growth
and Development
Indian Economy : Economic Growth and Development -- - Download - Key Answer
Characteristics of underdeveloped countries -- - Download - Key Answer
Role of the State in Economic Development -- - Download - Key Answer
Rostow s Stages of Economic Growth -- - Download - Key Answer
Characteristics of underdeveloped countries -- - Download - Key Answer
Role of the State in Economic Development -- - Download - Key Answer
Rostow s Stages of Economic Growth -- - Download - Key Answer
UNIT : 2 Population
Population and Factors determining population growth -- - Download - Key Answer
Causes of Population Explosion -- - Download - Key Answer
Population Explosion as an obstacle to Economic Development -- - Download - Key Answer
Steps to check rapid growth of population -- - Download - Key Answer
Theories of Population : Malthusian, Demographic Transition -- - Download - Key Answer
Census and The Use of Population Census -- - Download - Key Answer
Population growth in India and National Population Policy 2000 - Measures, Action Plans -- - Download - Key Answer
Causes of Population Explosion -- - Download - Key Answer
Population Explosion as an obstacle to Economic Development -- - Download - Key Answer
Steps to check rapid growth of population -- - Download - Key Answer
Theories of Population : Malthusian, Demographic Transition -- - Download - Key Answer
Census and The Use of Population Census -- - Download - Key Answer
Population growth in India and National Population Policy 2000 - Measures, Action Plans -- - Download - Key Answer
UNIT : 3 Poverty and
Unemployment
Definitions of Poverty -- - Download - Key Answer
Types of poverty -- - Download - Key Answer
Poverty Line and Characteristics of Poor Households -- - Download - Key Answer
Causes of Poverty in India -- - Download - Key Answer
Land Reforms in India -- - Download - Key Answer
Unemployment -- - Download - Key Answer
Measures to Solve Unemployment Problem in India -- - Download - Key Answer
Types of poverty -- - Download - Key Answer
Poverty Line and Characteristics of Poor Households -- - Download - Key Answer
Causes of Poverty in India -- - Download - Key Answer
Land Reforms in India -- - Download - Key Answer
Unemployment -- - Download - Key Answer
Measures to Solve Unemployment Problem in India -- - Download - Key Answer
UNIT : 4 National Income
Definitions of National Income -- - Download - Key Answer
Basic Concepts of National Income - GNP, GDP, GNI, NNP, NNI, PCI -- - Download - Key Answer
Circular Flow of Income and Need for the Study of National Income -- - Download - Key Answer
Methods of Calculating National Income -- - Download - Key Answer
Problems in calculating National Income -- - Download - Key Answer
National Income Series in India -- - Download - Key Answer
Basic Concepts of National Income - GNP, GDP, GNI, NNP, NNI, PCI -- - Download - Key Answer
Circular Flow of Income and Need for the Study of National Income -- - Download - Key Answer
Methods of Calculating National Income -- - Download - Key Answer
Problems in calculating National Income -- - Download - Key Answer
National Income Series in India -- - Download - Key Answer
UNIT : 5 Economic Planning
Meaning and Need for Economic Planning and Laissez faire -- - Download - Key Answer
Characteristics of Economic Planning -- - Download - Key Answer
Types of Planning -- - Download - Key Answer
Evolution and Objectives of Planning in India -- - Download - Key Answer
National Income - Hindu rate of growth -- - Download - Key Answer
Ninth(9th) Five Year Plan (1997 - 2002) - India -- - Download - Key Answer
Tenth(10th) Five Year Plan (2002 - 2007) - India -- - Download - Key Answer
Characteristics of Economic Planning -- - Download - Key Answer
Types of Planning -- - Download - Key Answer
Evolution and Objectives of Planning in India -- - Download - Key Answer
National Income - Hindu rate of growth -- - Download - Key Answer
Ninth(9th) Five Year Plan (1997 - 2002) - India -- - Download - Key Answer
Tenth(10th) Five Year Plan (2002 - 2007) - India -- - Download - Key Answer
UNIT : 6 Agriculture
Role of Agriculture in Economic Development -- - Download - Key Answer
Relationship between Agricultural and non-agricultural sector -- - Download - Key Answer
Components of Agricultural Growth -- - Download - Key Answer
Agricul.tural Crops and Cropping Pattern -- - Download - Key Answer
Importance of agricultural marketing -- - Download - Key Answer
Nature and Causes of food problem in India -- - Download - Key Answer
Food policy of Government of India -- - Download - Key Answer
Public Distribution System (PDS) -- - Download - Key Answer
Agricultural Price Policies of the Government - India -- - Download - Key Answer
Trends of Agricultural Productivity in India -- - Download - Key Answer
Relationship between Agricultural and non-agricultural sector -- - Download - Key Answer
Components of Agricultural Growth -- - Download - Key Answer
Agricul.tural Crops and Cropping Pattern -- - Download - Key Answer
Importance of agricultural marketing -- - Download - Key Answer
Nature and Causes of food problem in India -- - Download - Key Answer
Food policy of Government of India -- - Download - Key Answer
Public Distribution System (PDS) -- - Download - Key Answer
Agricultural Price Policies of the Government - India -- - Download - Key Answer
Trends of Agricultural Productivity in India -- - Download - Key Answer
UNIT : 7 Industrial Sector
Need for Industrialisation -- - Download - Key Answer
Patterns of Industrial Development -- - Download - Key Answer
Significance of Public Sector -- - Download - Key Answer
Patterns of Industrial Development -- - Download - Key Answer
Significance of Public Sector -- - Download - Key Answer
Pattern of Indian Industrial Growth - Textiles, Cement, Sugar,
Steel Industry -- - Download - Key Answer
Indian Industrial Policies -- - Download - Key Answer
New Industrial Policy 1991 - India -- - Download - Key Answer
Liberalization and Privatization -- - Download - Key Answer
Environmental Hazards -- - Download - Key Answer
Role of Small Scale Industries in Economic Development -- - Download - Key Answer
Indian Industrial Policies -- - Download - Key Answer
New Industrial Policy 1991 - India -- - Download - Key Answer
Liberalization and Privatization -- - Download - Key Answer
Environmental Hazards -- - Download - Key Answer
Role of Small Scale Industries in Economic Development -- - Download - Key Answer
UNIT : 8 Banking
Indian Economy :History of Banking -- - Download - Key Answer
Definition of Banking -- - Download - Key Answer
Role of Banks in economic development -- - Download - Key Answer
Commercial Banks and Functions of Commercial Banks -- - Download - Key Answer
central bank - Definition, Functions -- - Download - Key Answer
Methods of credit control employed by the central bank -- - Download - Key Answer
Nationalisation of Banks -- - Download - Key Answer
Definition of Banking -- - Download - Key Answer
Role of Banks in economic development -- - Download - Key Answer
Commercial Banks and Functions of Commercial Banks -- - Download - Key Answer
central bank - Definition, Functions -- - Download - Key Answer
Methods of credit control employed by the central bank -- - Download - Key Answer
Nationalisation of Banks -- - Download - Key Answer
UNIT : 9 Foreign Trade
Foreign Trade : Globalization, Liberalization -- - Download - Key Answer
Foreign Investment -- - Download - Key Answer
Evolution of Trade from barter system to money economy -- - Download - Key Answer
Need for International Trade -- - Download - Key Answer
Contribution of foreign trade to economic development -- - Download - Key Answer
International Monetary Fund (IMF) -- - Download - Key Answer
Trends in Foreign Trade -- - Download - Key Answer
Volume of India s foreign trade -- - Download - Key Answer
Composition and Direction of Trade - Export, Imports of India -- - Download - Key Answer
Balance of Trade and Balance of Payment -- - Download - Key Answer
The Role of the General Agreement on Tariffs and Trade (GATT) -- - Download - Key Answer
World Trade Organization (WTO) and Major Functions -- - Download - Key Answer
International Bank for Reconstruction and Development (IBRD) -- - Download - Key Answer
Special Action Programme (SAP) and Structural Adjustment Facility (SAF) -- - Download - Key Answer
IFC, IDA, MIGA -- - Download - Key Answer
Foreign Investment -- - Download - Key Answer
Evolution of Trade from barter system to money economy -- - Download - Key Answer
Need for International Trade -- - Download - Key Answer
Contribution of foreign trade to economic development -- - Download - Key Answer
International Monetary Fund (IMF) -- - Download - Key Answer
Trends in Foreign Trade -- - Download - Key Answer
Volume of India s foreign trade -- - Download - Key Answer
Composition and Direction of Trade - Export, Imports of India -- - Download - Key Answer
Balance of Trade and Balance of Payment -- - Download - Key Answer
The Role of the General Agreement on Tariffs and Trade (GATT) -- - Download - Key Answer
World Trade Organization (WTO) and Major Functions -- - Download - Key Answer
International Bank for Reconstruction and Development (IBRD) -- - Download - Key Answer
Special Action Programme (SAP) and Structural Adjustment Facility (SAF) -- - Download - Key Answer
IFC, IDA, MIGA -- - Download - Key Answer
UNIT : 10 Human Resource
Development
Human Resource Development -- - Download - Key Answer
HRD and Economic Development -- - Download - Key Answer
Educational Development in India since 1951 -- - Download - Key Answer
Educational progress in Tamil Nadu -- - Download - Key Answer
Non - Formal Education (NFE) and Adult Literacy -- - Download - Key Answer
Early childhood care and education programme in India -- - Download - Key Answer
HRD and Economic Development -- - Download - Key Answer
Educational Development in India since 1951 -- - Download - Key Answer
Educational progress in Tamil Nadu -- - Download - Key Answer
Non - Formal Education (NFE) and Adult Literacy -- - Download - Key Answer
Early childhood care and education programme in India -- - Download - Key Answer
UNIT : 11 Statistical
Analysis and Measures of Central Tendency
Statistical Analysis and Measures of Central Tendency -- - Download - Key Answer
Statistical Analysis : Classification of Data -- - Download - Key Answer
Difference between classification and Tabulation -- - Download - Key Answer
Types of Diagrams : 1.Bar chart 2.Pie chart 3.Pictograms or cartograms -- - Download - Key Answer
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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