CBSE Board Class 11 Economics Sample Papers 2008

Sample Paper- 2008

Class- XI

Subject – Economics

(SET-1)

Time: 3 Hrs                                                                  M.Marks: 100

GENERAL INSTRUCTION:

1.    All questions are compulsory.
2.    ‘One’ mark questions are to be answered in about a sentence.
3.    Three marks questions are to be answered in approx. 60 words.
4.    Four marks questions are to be answered in approx. 80 words.
5.    Six marks questions are to be answered in approx.120 words.
6.    Word limits do not apply to numerical questions.

SECTION – A

Q1 Answer the following:-
a)    Name the market situation in which the AR and MR curve are more than unit elastic?
b)    Give the profit maximization situation in case of producer equilibrium.
c)    If two demand curve intersects which will have more elasticity.
d)    Define consumer equilibrium
e)    What is meant by the term ‘Market’                                             (1X5)

Q2 Explain with the help of a diagram the situations of inefficient and efficient utilization   of resources of an economy 3

Q3 How does the availability of close substitute of a good affect the price elasticity of  Demand of that good? Explain.3 

Q4 Explain the effect of technology changes on the supply of a product.   3

Q5 Explain the feature ‘Differentiated products’ of a market with monopolistic competition?        3

Q6 What changes will take place in MR when
a)    TR increases at an increasing rate .
b)    TR increases at a diminishing rate.                                                     3

Q7 Calculate AVC at each level of output.

OUTPUT          
1        40
2        30
3        35
4        39                                                                                   4

Q8 What is meant by returns to a factor ? What leads to increasing returns to a factor?  4

Q9  Explain the relationship between TR and MR with the help of a revenue schedule.? 4

Q10 Distinguish between perfect competition and monopoly .Why is the demand curve facing a firm under perfect competition perfectly elastic?                                              6

Q11 Explain the chain of effects on demand , supply, price of a commodity caused by a leftward shift of demand curve. Use diagram.                                                                6

Q12  Explain the following :-
a)    Law of diminishing Marginal utility
b)    Exception to law of demand.                                                                           (2,4)

SECTION B

Q13 Answer the following
a)    Give the example of Macro variables
b)    Define Transfer payment
c)    What ids meant by Marginal efficiency off capital
d)    Define revenue deficit in Govt. Budget
e)    If the value of MPS is =0.1  calculate value of multiplier                              (1X5)

14.What are the qualities of a good questionnaire?        4

15.Describe structure of project report.        4

16.A student subject 40 mark in English,65 in Hindi,53 in maths,49 in economics and 55 in statistics. Calculate weighted mean of the marks if weights are respectively 2, 1, 5, 5, and 3.
Or
Mention merits and demerits of Mean. And list out any three examples of ‘scope of averages in your class room’.           6

17.Following are the marks obtained by 10 students in two subjects, statistics and economics, calculate Spearman's rank correlation.          6

18.What is the present growth rate of Indian economy?      1

19.Discuss the important features of India’s demography during the British period?   3

20.Discuss the green revolution and its consequences.      3

21.What are the causes of poverty in India?        3

22.Discuss the importance of non- farming employment?
             OR
      Identify some major challenges of power sector in India?   3

23.How do you explain seasonal unemployment in agricultural?     3

24.What are the common goals of Indian five year plans?      4

25.Which are the important sources of human capital formation?
            OR
       What are the similarities and dissimilarities between physical capital and human capital?  4

26.Distinguish between renewable resources and non renewable resources. Give examples.Distinguish between commercial energy and non commercial energy. Give examples for both.2+2=4