Board Paper of Class 12-Commerce 2009 Economics (SET 1) - Solutions

General Instructions:
(i) This question paper contains five Sections A, B, C, D and E.
(ii) Section A consists of 10 questions carrying 1 mark each.
(iii) Attempt any 10 questions from Section B, carrying 2 marks each .
(iv) Attempt any 8 questions from Section C, carrying 5 marks each.
(v) Attempt any 2 questions from Section D, carrying 10 marks each.
(vi) Attempt any 2 questions from Section E, carrying 5 marks each.
(vii) All parts of the questions should be attempted at one place.

Question 1
What is privatisation ? VIEW SOLUTION

Question 2
Why is India called ‘young nation’ ? VIEW SOLUTION

Question 3
What is green revolution ? VIEW SOLUTION

Question 4
Expand SIDBI. VIEW SOLUTION

Question 5
Mention any two national-level labour unions in India. VIEW SOLUTION

Question 6
Give the meaning of solar energy. VIEW SOLUTION

Question 7
Who is the present Governor of Reserve Bank of India ? VIEW SOLUTION

Question 8
Which is the main item of import of India ? VIEW SOLUTION

Question 9
Mention the duration of first Five-Year Plan. VIEW SOLUTION

Question 10
What is deficit budget ? VIEW SOLUTION

Question 11
Define Physical Quality of Life Index. VIEW SOLUTION

Question 12
Define Unemployment. VIEW SOLUTION

Question 13
Give the meaning of infant mortality rate and maternal mortality rate. VIEW SOLUTION

Question 14
What is disinvestment ? VIEW SOLUTION

Question 15
Give the meaning of medium and major industries. VIEW SOLUTION

Question 16
What is meant by bonded labour system ? VIEW SOLUTION

Question 17
Define Industrial labour. VIEW SOLUTION

Question 18
What is Nagpur Plan ? How did it classify Indian roads ? VIEW SOLUTION

Question 19
What is co-operation ? What is its principle ? VIEW SOLUTION

Question 20
Give the meaning of import substitution. VIEW SOLUTION

Question 21
Distinguish between internal debt and external debt. VIEW SOLUTION

Question 22
Define Value Added Tax. VIEW SOLUTION

Question 23
Explain briefly the measures to control rapid growth of population. VIEW SOLUTION

Question 24
Mention the effects of soil erosion. Explain the measures of soil conservation. VIEW SOLUTION

Question 25
Explain the defects of agricultural markets in India. VIEW SOLUTION

Question 26
Explain the importance of small scale industries. VIEW SOLUTION

Question 27
Explain the Industrial sector Reforms of 1991. VIEW SOLUTION

Question 28
Explain the role of women in economic development of India. VIEW SOLUTION

Question 29
Explain the role of communication in the economic development of India. VIEW SOLUTION

Question 30
Write a note on sources of energy. VIEW SOLUTION

Question 31
Mention the objectives of current EXIM policy. VIEW SOLUTION

Question 32
Explain briefly the multilateral trade agreements of World Trade Organisation. VIEW SOLUTION

Question 33
Explain the sources of Tax revenue of the Central Government. VIEW SOLUTION

Question 34
Explain the structure and functions of National Development Council. VIEW SOLUTION

Question 35
Explain the features of developing countries with special reference to India. VIEW SOLUTION

Question 36
Explain the importance of health and education as a form of social infrastructure. VIEW SOLUTION

Question 37
Explain the functions of Reserve Bank of India. VIEW SOLUTION

Question 38
Explain the expenditure of Central Government. VIEW SOLUTION

Question 39

The following data shows how the different sectors contribute to national income. Prepare a pie diagram.

(PERCENTAGE)

Primary Sector Secondary Sector Service Sector

40 24 36

VIEW SOLUTION

**(*PERCENTAGE*)**
Primary Sector	Secondary Sector	Service Sector
40	24	36

Question 40

By using following data draw a line graph of growth of National Income :

Computing year	1995-96	1996-97	1997-98	1998-99	1999-2000	2000-01	2001-02	2002-03	2003-04
National Income Growth rate %	7∙28	8∙16	4∙58	6∙45	6∙28	4∙24	6∙32	3∙53	8∙39

VIEW SOLUTION

Question 41
Mention any ten Railway zones and their headquarters. VIEW SOLUTION