PRE-BOARD EXAMINATION—2023-24

CLASS-XI
SUBJECT-ECONOMICS
Time : 3 Hrs. M.M.: 00
General Instructions .
1. This question paper contains two sections .
Section A Statistics
Section B Introductory Micro Economics
2. This paper contains 20 Multiple Choice Questions o/' I tnar/e each.
3. This paper contains 4 Short Answer Questions 0/3 nutr/es each to be answered in
60-80 words.
4. This paper 6 Short Answer Questions0/4 marks each to be answered in
words.
5. This paper contains 4 Long Answer Questions of 6 'narks each to be answered in
100-150 words.

Section-A (Statistics)

1. Which of the followingwill be regarded as Statistics ?

(a) Pocket money of Isha is 500 per month.
(b) Aryan has 50 books.
hit 5 persons.
(c) A car running at a speed of 150 km/hr
while it was 65.20%in 2()16. (1)
(d) Literacy rate of India in 1951was 16.69%

2. Choose the incorrect pair from the given table .

ColumnI ColumnIl
Statistics in singular sense Statistical method
(B) Statistics in plural sense Statistical information
Pisä.nct of Statistics Confidencein Statistical methods
Homogenityand uniformity of data
(D) Limitation of Statistics
(1)

1 218
1'? 20
8. The unit of correlation coefficient between distance in meters and times in seconds
is .
(a) Meters (b) Meter per second
(c) Percentage (%) (d) Non-existent (1)

9. Read the following statements —Assertion (A) and Reason (R) and choose the
correct alternative
Assertion (A) : The correlation between fall in temperature and sale of woollen
garments is positive.
Reason (R) : The positive correlationimplies the movement of two variable in
same direction.
Alternatives :
correct
(a) Both Assertion (A) and Reason (R) are true and Reason (R) is the
explanation of Assertion (A).
true and Reason (R) is not the
(b) Both Assertion (A) and Reason (R) are
correct explanation of Assertion (A).
(R) is false.
(c) Assertion (A) is true and Reason
(R) is true. (1)
(d) Assertion (A) is false and Reason

10. Karl Pearson's coefficientof correlation ranges from

(a) 1-1
(c) (d) 0-1 (1)

11. What is meant by Random Sampling? Does lottery method survey gives us
Random Sample. Explain.

OR

Explain the role of two main agenciesinvolvedin collectionof Data. (3)

3 220
PP20
12. Represent the followingdata by means of compared Bar Diagram
Years 2016-17 2017-18 2018-19

Male (in m) 25 30 50

Female (in m) 10 20 25

Total (in m) 35 50 75 (3)

13. Represent the followingdata of annual profits of 2 firms through a time series
graph
Year 2015 2016 2017 2018 2019
Profit of A 50 100 120 80 40
(in Cr.)
Profit of B 10 40 80 50 90
(in Cr.) (4)

14. Using Simple Aggregative Method, calculate the price index for 2022 from the
followingdata
Commodities B c
Price in 2016 50 40 10 5 2
Price in 2022 80 60 20 10 6 (4)

OR
Define Consumer Price Index. State any three uses of Consumer Price Index. (4)
15. Calculate Median and Mode from the following data

Profits (in Cr.) No. of shops

More than 5 30
More than 10 28
More than 15 16
More than 20 14
More than 25
10
More than 30 7 (2+2)

PP20
4
 calculate Karl Pearson's coefficient
16. of correlation from
fr)lJowingdata usingActual
MeanMethod

x 15 18 21 24 27
25 25 27 31 32

OR
Calculate the coefficient of correlation of the following
data by Spearmen'srank
correlation method

x 19 24 12 23 19 16
9 22 20 22 18 (6)

17. (a) Find the coefficient of correlation between X and Y if covariance between X
and Y is 14.5 and variance of X and Y are 36 and 16.
(b) State the advantages of Spearman's Rank Correlaton Coefficient.
(c) What kind of relationship between X and Y is indicated if the points of
scatter diagram tend to cluster about a straight line sloping upward ?
= 0 implies no relation between two variable X and Y. Defind or Refute.
(3+3=6)

Section-B (Micro Economics)

18. Which of the following is an example of a Positive Economics?

(a) India should generate more employmentopportunitiesfor its people.
(b) Income inequalities should be minimised in an economy.
(c) India has experienced steep rise in food price recently.
(d) Economy_ghouldtake steps toward energy conservation. (1)

19. MU of good X is 40 utils and Mt.JYof good Y is 30 utils. If price of Y is 9 then

price of X at equilibrium will be :
(b) 12 (c) 30 (d) 15 (1)

PP20 5
 (R). Choose the correct
20. Read the following statements —Assertion(A) and Reason
alternative
Assertion (A) : When income of a consumer double with price being constant,
the budget line will shift towards r_ight.
Reason (R) : Changes in income and prices will cause changes in budget line:
Alternatives :
(a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct
explanation of Assertion (A).
(b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the
correct explanation of Assertion (A).
(c) Assertion (A) is true and Reason (R) is false.
(d) Assertion (A) is false and Reason (R) is true. (1)

21. When the price of the complementary goodX increases, the demand curve for the
given goodY :
(a) Shifts to right (b) Upward movement
(c) Shifts to left (d) Downward movement (1)

22. Slope of demand curve is indicated is

(a) (b) (c) (d) (1)

AP Q

23. Read the following statement and choose the correct alternative .
Statement 1 : In case of perfect competitionprice per unit is equal to Marginal
Revenue.

Statement 2 : In case of perfect competition TR curve is upward sloping straight

line.
Alternatives :
(a) Boththe statements are true.
(b) Boththe statements are false.
(c) Statement 1 is true and
Statement 2 is false.
(d) Statement 1 is false (1)
and Statement 2 is true.

PP20 223
6
 When price of a good is 8 per unit, a consumer buys 12 units, when price falls
to 6, he spends 90 on the good. Calculate price elasticity of demand by
expenditure method. Also comment on the shape of the demand curve. (4)

31. Givingreasons, state whether the followingstatement is True or False

(a) The difference between TC and TVC falls with increase in output.
(b) AVC can fall even when MC is rising. (4)

32. Amids the rising pollution level and poor AQI in Delhi, Delhities have shifted
from the use of cotton mask to N-95 mask specifically designed to protect from
pollution and infection. Analyse the impact of the above situation in the equilibrium
price and quantity of cotton masks. (4)

33. (a) What is meant by DiminishingRelation to Factor. Explain briefly any two
reason for the operation of Diminishing Relation to a facor.
(b) In which phaæ a rational producer aims to operate and why ? (4+2=6)
OR
A producer maximises his profit at the level where MR = MC. Do you agree with
the given statement. Give reasons in support of your answer. (6)
34. (a) For a consumer to be in_equilibriumMRS between two goods must be
equal to the ratio of price of two goods X and Y. Justify your answer.
(b) State giving reason whether the followingstatement is True or False
(i) MU can never be negative.
(ii) When MU falls, TU also decreases. (3+3)