Rayat Shikshan Sanstha, Satara Std XI Economics Exam 2023-24 PDF

# Rayat Shikshan Sanstha, Satara ## First Semester Examination 2023-24 ### Std - XI ### Time: 2.30 Hrs ### Sub - Economics ### Marks - 50 ### Pages - 2 **Note:** 1. All Questions are Compulsory. 2. Draw table / diagrams whenever necessary. 3. Figures to the right indicate full marks. 4. Write answe...

# Rayat Shikshan Sanstha, Satara ## First Semester Examination 2023-24 ### Std - XI ### Time: 2.30 Hrs ### Sub - Economics ### Marks - 50 ### Pages - 2 **Note:** 1. All Questions are Compulsory. 2. Draw table / diagrams whenever necessary. 3. Figures to the right indicate full marks. 4. Write answer to all main questions on new pages. ## 1. **A) Correct the correlation.** 1. Gold coin: Metal Money :: Credit Card : **Debit Card** 2. Economics: Kautilya :: **Modern Economics:** Adam Smith 3. Exchange of goods: Goods :: Modern Economy: **Barter Economy** 4. Deciles: **Quantiles** :: Parcentiles: 99 5. Individual necessity: Judge's coat :: **Social Necessity:** Travel by train **B) Find the odd word out.** 1. Mobile, Tablet, Computer, **Debit Card** 2. Animals Skin (Money), Metal Coins, Shells, **Iusk** 3. Quartiles, Deciles, **Mode**, Percentiles 4. **Want**, Utility, Wealth, Investment 5. Mumbai, Pune, Baramati, **Nashik** ## 2. **A) Distinguish between the following (Any 2)** 1. Economic growth and economic development 2. Standard coins and Token coins 3. Quartiles and percentiles **B) Identify and explain the concepts from the given illustration (Any 2)** 1. To facilitate research in robotic technology 'Japan' Has invested Rs. 5000 Crores in India. 2. Value that divides the series into ten equal parts. 3. In prehistoric times, cows, goats and sheep were used as a medium of exchange. ## 3. Answer the following questions. (Any 2) 1. Explain the factors of production 2. Explain the features of economy of Maharashtra. 3. Calculate D4 and D8 for the following data: 10, 15, 7, 8, 12, 13, 14, 11, 9 ## 4. State with reasons whether you agree or disagree with the following statements (Any 2) 1. Value in Use and value in exchange are the same. 2. General acceptability is the only quality of money. 3. There are many problems in the industrial sector of Maharashtra. ## 5. Study the following Table, Figure, Passage and Answer the question given below it (Any 2) 1. Ajit went to the vegetable market to get vegetables. At that place he bought vegetables worth one hundred (100) rupees. After that he went to the nearby D- Mart to buy groceries for the house at that place he bought essentials for that he received a bill of two thousand rupees. Ajit paid the bill using credit card to pay this bill. * a) What type of money has Ajit used in the above transaction. * b) Explain the type of money used by Ajit in D- Mart * c) Write your opinion about the above passage. 2. | Income (in lakhs) | No of persons | |---|---| | 5 | 8 | | 4 | 6 | | 9 | 12 | | 12 | 8 | | 15 | 6 | | 6 | 9 | | 10 | 10 | * a) Calculate the table cumulative frequency based on the above table * b) Find the total frequency (n) from the above data * c) Write the formula of Q1 3. It is difficult to define want in few words in common language, want can be referred to as a need. In economics, want denotes a feeling of lack of satisfaction this feding enables the individual to satisfy his want human mainly economic Non- economic, convenience human needs arise again and again. Human needs very according to the order of preferences human consider their habits and preferences while choosing their needs. * a) Explain the two characteristics of human needs * b) Explain the types of human needs * c) Explain your opinion about the above passage. ## 6. Answer in detail (Any 2) 1. What is money and explain it's types. 2. State the problems in the agricultural sector of Maharashtra and explain the measures taken by the Government of Maharashtra for the development of the agricultural sector.