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Explain the role of microcredit in meeting credit requirements of the poor.
Concept: Credit and Marketing in Rural Areas
Distinguish between ‘Green Revolution’ and ‘Golden Revolution’.
Concept: Diversification into Productive Activities
Answer the following question.
In the given figure, what does the gap 'KT' represent? State any two fiscal measures to correct the situation.
Concept: Measures of Government Deficit
Answer the following question.
Define "Trade surplus". How is it different from "Current account surplus"?
Concept: Concept of Balance of Payments >> Balance of Payments Surplus and Deficit
"Under the flexible exchange rate system, the Central Bank does not intervene in the foreign exchange market."
Justify the statement, giving valid arguments.
Concept: Determination of the Exchange Rate
Explain the impact of home currency depreciation on the exports of a nation.
Concept: Determination of the Exchange Rate
Giving valid reason, state whether the following statement is true or false:
Dividend received from investment abroad is recorded on the credit side of the capital account.
Concept: Concept of Balance of Payments >> Current Account
Giving valid reason, state whether the following statement is true or false:
Depreciation of the Indian Currency will lead to promotion of Indian exports.
Concept: Determination of the Exchange Rate
Distinguish between Autonomous transactions and Accommodating transactions.
Concept: Concept of Balance of Payments >> Balance of Payments Surplus and Deficit
“In rural areas of India more members of a family are engaged on work, yet the gross income of the family is generally low.”
Identify the type of unemployment indicated in the above statement and explain the paradox associated with it.
Concept: Concept of Unemployment
"In India women participation rate is lower in urban areas than in the rural areas." Explain with valid arguments.
Concept: State of India’s Environment
Giving reason comment on the shape of production possibilities curve based on the following schedule:
| Good X (units) | Good Y (units) |
| 0 | 8 |
| 1 | 6 |
| 2 | 4 |
| 3 | 2 |
| 4 | 0 |
Concept: Concepts of Production Possibility Frontier
Giving reason, comment on the shape of Production Possibilities Curve based on the following table :
| Good X (units) | Good Y (units) |
| 0 | 20 |
| 1 | 18 |
| 2 | 14 |
| 3 | 8 |
| 4 | 0 |
Concept: Concepts of Production Possibility Frontier
Giving reason, comment on the shape of Production Possibilities Curve based on the following table :
| Good X (units) | Good Y (units) |
| 0 | 4 |
| 1 | 3 |
| 2 | 2 |
| 3 | 1 |
| 4 | 0 |
Concept: Concepts of Production Possibility Frontier
Define Production Possibilities Curve. Explain why it is downward sloping from left to right.
Concept: Concepts of Production Possibility Frontier
Define flow variable.
Concept: Concepts of Production Possibility Frontier
Define Consumption Goods.
Concept: Central Problems of an Economy
Find Net Value added at Market Price:
|
S.No |
Items |
Amount |
|
(i) |
Depreciation (Rs) |
700 |
|
(ii) |
Output sold (units) |
900 |
|
(iii) |
Price per unit of output (Rs) |
40 |
|
(iv) |
Closing stock (Rs) |
1,000 |
|
(v) |
Opening stocks (Rs) |
800 |
|
(vi) |
Sales tax (Rs) |
3,000 |
|
(vii) |
Intermediate cost (Rs) |
20,000 |
Concept: Central Problems of an Economy
What is a market economy?
Concept: Positive and Normative Economics
Giving reasons classify the following into intermediate products and final products:
(i) Furniture purchased by a school.
Concept: A Simple Economy
