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| ALL Past Questions TOPIC WISE For The Last 10-13 years |
| Economics Labour |
1. |
Division Of Labour Is Considered To Be The Central Feature Of A Modern Economy. Explain Its Impact On The Production Structure Of The Economy. |
Marks [5] |
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OR |
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What Is Meant By 'Division Of Labour'? Explain Three
Advantages Of Division Of Labour. Division Of Labour. |
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OR |
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Define Labour And Explain Three Advantages Of Division Of Labour. |
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2005 |
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2. |
Distinguish Between Simple And Complex Division Of Labour. Explain Three Conditions Which Favours The Division Of Labour. |
Marks [5] |
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2000 |
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3. |
Define The Term Mobility Of Labour. Discuss Its Importance With Reference To The Economic Progress Of A Country. |
Marks [5] |
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2004 |
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4. |
In Your Opinion Which Is The Most Important Factor Of Production? Why? |
Marks [5] |
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2002 |
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| Economic Applications Theory Of Demand |
1. |
Draw A Negatively Sloped Straight Line Demand Curve Joining The Two Axes. Mark Three Points On This Curve Showing Price Elasticity Equal To: |
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Zero
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ii |
Infinity |
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iii |
One |
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2. |
Give Two Examples Each Of A Pair Of Commodities That Are: |
Marks [2] |
i |
Substitutes Of Each Other. |
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ii |
Complementary To Each Other. |
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2005 |
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3. |
Define Demand. |
Marks [2] |
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4. |
Study The Graph Given Below. Explain, For Which Type Of
Commodity The Graph Is Relevant. Give Suitable Reasons For Your Answer. |
Marks [2] |
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2005 |
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| Topics Covered |
1. |
Economics |
2. |
Economic Applications |
a. |
The Productive Mechanism |
a. |
Theory Of Demand |
b. |
Land |
b. |
Supply And Law Of Supply |
c. |
Labour |
c. |
Elasticity Of Demand |
d. |
Capital |
d. |
Factors Of Production |
e. |
Enterprise |
e. |
Land |
f. |
The Theory Of Demand |
f. |
Labour |
g. |
The Theory Of Supply |
g. |
Capital And Capital Formation |
h. |
Public Finance |
h. |
Entrepreneur Or Organiser |
i. |
Money And Banking |
i. |
Forms Of The Market |
j. |
Economic Planning In India: Needs, Objectives And Strategies |
j. |
Role Of State In Economic Development |
k. |
Five Year Plans And Economic Development and so on.... |
k. |
Fiscal Policy |
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l. |
Monetary And Wage Policy and so on.... |
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| Advantages |
1. |
Topicwise Presentation Of All Past Questions Allows Topicwise Revision. Past Questions Are The Most Important Questions You Must Solve First. |
2. |
Frequency analysis shows types of past questions with marks, year reference and
whether choice or compulsory, short or long. |
3. |
Eliminates questions on topics not part of a forthcoming Board Exam. |
4. |
Adds model questions for new topics in a forthcoming Board Exam. |
5. |
Data is presented from the most recent to earlier years, covering 10-12 years. |
6. |
Perfect for making strategy and for the prioritization of study objectives. |
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| Solutions To All Past Questions |
| Economic Applications
Topic: Money And Its Functions |
Question |
Solution |
Guidelines |
Tips |
| Define The Term Money. Explain Its Utility As A Standard Of Deferred Payment, In Assisting Production Decision And Measure Of Value. |
[7]
MQ |
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| Money: |
Money Is Anything Which Acts As A Medium Of Exchange, A Measure Of Value, A Standard Of Deferred Payment And A Store Of Value.
According To Prof. Walker, "Money Is What Money Does." |
OR |
| According To Robertson, "Money Is A Commodity Which Is Used To Denote Anything Which Is Widely Accepted In Payment For Goods, Or In Discharge Of Other Kinds Of Business Obligations". |
Utility Of Money As: |
| 1. Standard Of Deferred Payment: |
| Money Acts As A Standard Of Deferred Payment. It Means That A Payment To Be Made In Future Can Be Stated In Money Terms. For Example, If A Person Needs 15 Kgs Of Rice But Does Not Have The Required Amount Of Money With Him At The Time, He Borrow's This Amount. If The Price Is Rs 6 Per Kg He Has To Borrow Rs 90. Then, He Has To Return Rs 90 (Plus Interest) To The Lender At The End Of The Agreed Period. (Thus When One Lends Say Rs 90. He Knows That He Can Get Back The Amount After One Year But If One Lends A Certain Quantity Of Rice, He May Not Be Sure Of Getting Back Rice Of The Same Quality After A Year). |
| 2. Measure Of Value: |
| Money Is The Measure Of Value Or Unit Of Account. As We Use Kilogram In Measuring The Weight Of A Commodity, Similarly For Measuring The Value Of A Commodity We Take Money As Unit Of Account. |
| 3. Assisting Production Decisions: |
| The Main Aim Of Producer Is To Maximise His Sales Revenue Or To Maximise Profit. He Has To Employ Various Factors Of Production And Make Factor Payments To Those Factors. All Factor Payments Are Made In Terms Of Money. Hence, Money Price Of Those Factors Helps The Producers In Taking Important Production Decisions. |
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Utility Of Money May Also Be Referred As Functions Of Money.
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| Topics Should Be Studied Thoroughly. |
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Definitions Given By Economists Should Be Given.
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| Write The Answers According To The Marks. |
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| Advantages Solutions To All Past Questions |
• |
They Allow Self Check. |
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They Guide As To How And How Much To Write In The Board Exam. |
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Learn Backwards From Answers. |
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Learn How To Answer In A Board Exam. |
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Tips And Formulae To Memorize. |
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Last Minute Help: Gain Marks Even While You Sit And Read In Bed! |
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| Revision Notes |
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Revision Notes On What Has Already
Come In The Last 10-12 Years Are Helpful
Throughout The Year, Just Before Examinations,
Or Even The Night Before Exam. They Provide
A Quick Synopsis Of Solutions And Tips On Each Topic. |
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| Economic Applications Topic: Elasticity Of Demand |
2005 Question Paper
And Model Questions
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Questions with Solutions
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Guidelines/Tips |
Suggestions |
3 |
Elasticity Of Demand |
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3 Model Questions |
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4 Questions In 2005 |
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| QUESTIONS (2005), 2 Marks (Short) |
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| Draw A Negatively Sloped Straight Line Demand Curve Joining The Two Axes. Mark Three Points On This Curve Showing Price Elasticity Equal To: |
| (I) Zero (Ii) Infinity (Iii) One |
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| Solution |
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| Degrees Of Price Elasticity Of Demand |
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Perfectly Elastic (Imaginary) (Ep=) |
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Perfectly Inelastic (Imaginary)(Ep=0) |
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Unitary Elastic (Comforts)( Ep=1) |
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Relatively Elastic
(Luxuries)( Ep>1) |
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Relatively Inelastic
(Necessities)( Ep<1) |
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Tick:How Do You Find
This Topic? |
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| Advantages |
• |
No Need To Make Separate Extensive Revision Notes. |
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Especially Excellent For Last Minute Revision. |
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Use Your Short-Term Memory To Boost Results By Reviewing These Notes The Night Before Exam, When Your Mind Is The Keenest! |
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| Prioritize Using
Smart Study Plan Interpretation |
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On Topic 3 - ELASTICITY OF DEMAND, There Have Been
Six Past Questions And 3 Model Questions In The Last 12 Years. |
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They Came In The Years 2007and 2005. |
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Whether They Were Compulsory (Short) Or Choice (Long) Questions
Is Indicated By S Or L. |
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For Example, The 2007 Question Was Worth Two Marks
And Was Compulsory. |
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Suggested Time To Attempt All These 9 Questions On Your
Own Is 34 Minutes. |
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| Frequency Analysis And Planning Chart |
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| Advantages |
• |
Find Out Which Past Questions Were Difficult For You
By Filling Out Each Circle According
To How Difficult You Found A Question. |
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Study According To Your Personal Strengths. |
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Save Time By Planning Better. |
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Revise These Questions For A Second Time To Maximize Marks. |
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Have A Thorough Knowledge Of What Has Already Come In The Last
13 Years On Each Topic. |
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| Remember |
Going Over Past Questions Gives You More
Confidence. Solutions To Every Past Question
As Per Board Guidelines Ensure
You Gain Every Possible Mark. |
These Are The Most
Important Hours
You Will Spend Towards Preparation Of
Your Board Exam. |
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| Extras |
• |
How To Work Smart: 10 Keys To Success By Dr Sunita Gandhi. |
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Nutritional Guidelines By Dr Amitabh Pandit, A Well Known Naturopath. |
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Cd–Includes Ten Keys Of Dr Gandhi As Explained By The Students Of
City Montessori School (Cms), Lucknow, Up And Testimonies
of Students Who Have Used The Sure Success Series. |
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| Please Note |
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Questions And Topics Not Relevant To A Future Board Exam Are
Not Included. |
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New Model Questions Are Added Whenever A New Topic Has Been
Included By The Council For A Forthcoming Board Exam. |
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