Maharashtra State BoardHSC Science (General) 11th

HSC Science (General) 11th - Maharashtra State Board Question Bank Solutions for Economics

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Economics
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Choose the correct option :

Statements that are true about the Planning Commission

a) Planning Commission was established in 1950.

b) The Prime Minister is the Ex-Officio Chairman of the Planning Commission.

c) Economic planning is a time bound programme.

d) Economic planning is based on predetermined objectives.

[0.1] Economic Planning in India
Chapter: [0.1] Economic Planning in India
Concept: Economic Planning in India

Give economic term:

Conscious and deliberate choice of economic priorities by some public authority.

[0.1] Economic Planning in India
Chapter: [0.1] Economic Planning in India
Concept: Economic Planning in India

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Identify and explain the concept from the given illustration:

sayali’s mother maintains a book of accounts for household purpose and plans the expenditure accordingly.

[0.1] Economic Planning in India
Chapter: [0.1] Economic Planning in India
Concept: Economic Planning in India

Identify and explain the concept from the given illustration:

To solve classroom related issues, the teacher forms a group of student, this group discusses the problem and find a solution to it.

[0.1] Economic Planning in India
Chapter: [0.1] Economic Planning in India
Concept: Economic Planning in India

Answer the following question:

Explain the features of Economic Planning

[0.1] Economic Planning in India
Chapter: [0.1] Economic Planning in India
Concept: Economic Planning in India

Read the following passage and answer the questions given below:

The Finance Minister of the Central Government presents the Union Budget before the Parliament during the month of February every year. The budget, also referred to as the annual financial statement reflects the estimated receipts and expenditure of the government for a particular financial year that begins on the 1st of April and ends on 31st March. Changes in the tax structure are suggested in the budget. Besides this, provisions are also made for allocating expenditure on defence, education, research, and development, etc. The date for presenting the budget has been shifted to the 1st of February every year. This enables the generation of funds well in advance prior to the commencement of the financial year.

1) Where is the Union Budget usually presented?

2) What all aspects are considered while preparing the budget?

3) Why is the date for presenting the budget shifted to the 1st of February?

4) Explain the term 'budget'.

[0.1] Economic Planning in India
Chapter: [0.1] Economic Planning in India
Concept: Economic Planning in India

Give the correct option:

Statements related to partition values that are correct.

  1. Exact divisions of percentiles into 100 parts gives 99 points
  2. Deciles have total 9 parts
  3. Quartiles are shown by Q1, Q2  and Q3
  4. symbolically, percentiles and Deciles are shown by P and D
[0.03] Partition Values
Chapter: [0.03] Partition Values
Concept: Partition Values

Choose the correct pair:

Group A Group B
1) Quartiles a) Dj = size of j`((n + 1)/10) ^"th Observation"`
2) Deciles b) `"P"_k = l +(((kn)/100 – cf)/f) xx "h"`
3) Percentiles c) `"Q"_i = l +((("in")/4 – cf)/f) xx "h"`
[0.03] Partition Values
Chapter: [0.03] Partition Values
Concept: Partition Values

Give economic term:

Procedure for dividing the data into equal parts

[0.03] Partition Values
Chapter: [0.03] Partition Values
Concept: Partition Values

State with reasons whether you agree or disagree with the following statement:

Partition values have application only in theory but not in practice.

[0.03] Partition Values
Chapter: [0.03] Partition Values
Concept: Partition Values

State with reasons whether you agree or disagree with the following statement:

Average can misinterpret the representative value.

[0.03] Partition Values
Chapter: [0.03] Partition Values
Concept: Partition Values

Solve the following:

Calculate Q1, D4, and P26 for the following data.

18, 24, 45, 29, 4, 7, 28, 49, 16, 26, 25, 12, 10, 9, 8
[0.03] Partition Values
Chapter: [0.03] Partition Values
Concept: Partition Values

Solve the following :

Calculate of Q3, D5, and P35 for the given data

Income (in lakhs ₹)  1 2 3 4 5 6
No. of family 2 5 20 25 15 12
[0.03] Partition Values
Chapter: [0.03] Partition Values
Concept: Partition Values

Find the odd word out:

[0.04] The Economy of Maharashtra
Chapter: [0.04] The Economy of Maharashtra
Concept: The Economy of Maharashtra

Distinguish between :

Economic Infrastructure and Social infrastructure.

[0.04] The Economy of Maharashtra
Chapter: [0.04] The Economy of Maharashtra
Concept: The Economy of Maharashtra

Read the following passage and answer the questions given below :

Government of India has launched an ambitious programme of 'Bharatnet' for rural India by keeping in mind today's modern era. More than one lakh rural (Grampanchayat) areas have been connected under Bharatnet high-speed broadbrand scheme. Maharashtra has become the best-performing state. East Uttar Pradesh, Chattisgarh, Rajasthan and Jharkhand have also been placed among the best performing states in the first phase of Bharatnet broadband connection scheme.

1) Why did the Government of India launch the Bharatnet project?

2) How many Gram panchayats have received the Internet service?

3) Which states have been placed as the best performing states in the first phase of Bharatnet?

4) 'Internet has brought the world closer' - Express your views on it.

[0.04] The Economy of Maharashtra
Chapter: [0.04] The Economy of Maharashtra
Concept: The Economy of Maharashtra

Assertion and reasoning question :

Assertion (A): Poverty level declines with a rise in agricultural output.

Reasoning (R): Agricultural incomes have declined due to wide fluctuations in climatic conditions.

[0.08] Poverty in India
Chapter: [0.08] Poverty in India
Concept: Poverty in India

Assertion and reasoning question:

Assertion (A): Urban poverty is attributed mainly to spillover effects of migration among the rural poor.

Reasoning (R): Poor rural infrastructure, lack of alternative jobs results in forced migration.

[0.08] Poverty in India
Chapter: [0.08] Poverty in India
Concept: Poverty in India

Assertion and reasoning question:

Assertion (A): Relative poverty is found in all the countries of the world.

Reasoning (R): Differences in the levels of income are the only criteria for judging relative poverty.

[0.08] Poverty in India
Chapter: [0.08] Poverty in India
Concept: Poverty in India

Assertion and reasoning question:

Assertion (A): Poverty is not just a lack of money but also a lack of capabilities.

Reasoning (R): Lack of freedom to satisfy hunger, lack of health care facilities, denial of political freedom leads to poverty.

[0.08] Poverty in India
Chapter: [0.08] Poverty in India
Concept: Poverty in India
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