Economics Assign

SURMOUNT INTERNATIONAL SCHOOL
TARAMANDAL, GORAKHPUR
SESSION: 2024 - 25
Standard : XII Assignment Paper
Subject : Economics (030)
GENERAL INSTRUCTIONS:
1. All questions are compulsory to attempt.
2. This paper has two parts. Part A Macroeconomics and Part B Indian Economic Development.
3. Question number 1-3 and Q. No. 8-11 are MCQs.
4. Question number 4 and Q. No. 12 and 13 are very short question to be answered in 60-80 words.
5. Question number 5,6 and Q. No. 14 are short question to be answered in 80-100 words.
6. Question number 7 and 15 are long questions which has to be answered in 100-150 words.
7. This paper also contains case based questions.
PART A: MACROECONOMICS
Choose the best alternative:
Q.1 Which of the statements gives an accurate picture of the effect of the increase in the repo rate?
a. The money supply in the country will decrease
b. The money supply in the country will increase
c. The money supply in the country will increase initially and then decrease
d. There is no effect on the money supply in the country.
Q.2 Which of the following statements is true about the Indian monetary system?
a. The Indian monetary system is based on the gold standard
b. The Indian monetary system is based on the credit money standard
c. The Indian monetary system is based on the paper standard
d. The Indian monetary system is based on the metallic standard
Q.3 Which of the following is not an implication of fiscal deficit?
a. Fiscal deficit leads to increased dependence on foreign countries.
b. Fiscal deficit helps to determine the total borrowing requirements of any government.
c. The repayment of loans with interest helps to reduce the fiscal deficit.
d. The fiscal deficit increases the liability of any government.
Q.4 Define Government budget. What's the basic objectives of preparing budget? Explain it's
relevance.
Q.5 Explain the role of cash reserve ratio in controlling credit creation. Or
Explain how open market operations are helpful in controlling credit creation?
Q.6 (a) Is the following a revenue receipt or a capital receipt in the context of government budget and
why?
(i) Tax receipts
(ii) Disinvestment
(b) How does money overcome the problems of barter system? Explain briefly.
Q.7 Explain the process of money creation by Commercial Banks with the help of a numerical example.
Or
Find :
(a) fiscal deficit and
Surmount International School, Gorakhpur 1|Page

(b) primary deficit from the following items:
Particulars Rs. In crores
I Revenue expenditure 70,000
II Borrowings 15,000
III Revenue receipts 50,000
Interest payment is 25% of the revenue deficit.
PART B: INDIAN ECONOMIC DEVELOPMENT

Choose the best alternative:
Q.8 _________committee was set up for the development and promotion of small scale
industries in India.
a) Karvee b) Tapas Majumdar
c) Mahalanobis d) TRYSEM
Q.9 Fixation of maximum land ceiling is one type of:
a. Technical reform. b. Institutional reform.
c. Structural reform. d. Market reform.
Q.10 Read the following statements carefully,
Statement 1: Indian agriculture become backward , stagnant and non vibrant under British
rule.
Statement 2: During the colonial period, farmers were forced to cultivate commercial crops
like Indigo.
a) Statement 1 is true and statement 2 is false.
b) Statement 1 is false, statement 2 is true.
c) Both are true.
d) Both are false.
Q.11 With reference to Industrial sector , state the correct combination of statements.
1. British wanted to reduce India to a mere supplier of raw materials.
2. India was a market for British finished goods.
3. Improvement was the basis of Indian Economy due to the improvement of Industries.
a) 1 only
b) 1 and 2 only
c) All of the above
d) 3 only
Q.12 What was the two-fold motive behind the systematic De- industrialisation effected by British
in pre- independence India?
Q.13 State the condition of agriculture at the time of independence. Mention the agrarian reforms
taken to improve the condition.
Q.14 (a) AATMANIRBHAR BHARAT had been at roots of Indian planning process in the form of
self-reliance as an objective of planning Commission. Do you agree with given statement?
Justify.
(b) Write a short note on Planning commission and it's objective.
Q.15 (a) Does modernisation as a planning objective create contradiction in the light of
employment generation? Explain.
Q.15 (b) Though public sector is very essential for industries, many public sector undertakings
incur huge losses and are a Drain on the economy's resources. Discuss the usefulness of
public sector undertakings in the light of the fact.
Surmount International School, Gorakhpur 2|Page

Economics Assign

Uploaded by

Copyright:

Available Formats

Economics Assign

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Economics Assign

Uploaded by

Copyright:

Available Formats

SURMOUNT INTERNATIONAL SCHOOL

Standard : XII Assignment Paper

Subject : Economics (030)

Surmount International School, Gorakhpur 1|Page

Interest payment is 25% of the revenue deficit.

PART B: INDIAN ECONOMIC DEVELOPMENT

Surmount International School, Gorakhpur 2|Page

You might also like

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.