Economics (214)
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1. Answer any one of the following questions in about 40-60 words.
(a) “The concept of micro and macro economics interdependent on each other.” Explain the statement with suitable example.
(b) The development of the economy plays a pivotal role to creates needs and satisfying human wants. Explain.
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2. Answer any one of the following questions in about 40-60 words.
(a) “Co-existence of private and public sectors is considered as pre-condition of economic development and prosperity of a country.” Explain the statement.
(b) Distinguish between labour-intensive techniques and capital-intensive techniques of production. Which one them is suitable for our economy and why?
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3. Answer any one of the following questions in about 40-60 words.
(a) How is disequilibrium price of commodity adjusted in the market with the help of demand and supply forces? Explain with help of a graphical presentation.
(b) The role of producers in a perfectly competitive market and a monopoly market is reversed while determining the price of a commodity. Explain the reason.
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4. Answer any one of the following questions in about 100 to 150 words.
(a) “The extent of ‘Black Marketing’ is controlled by the instrument of ceiling price or control price for the welfare of the masses.” Explain the statement with a suitable illustration.
(b) You are suggested to make a visit to the Insurance Company Branch Office in your locality. Meet to Insurance Executive officer of the branch and discuss about the process of taking insurance policy. Prepare a brief report on the basis of discussion.
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5. Answer any one of the following questions in about 100 to 150 words.
(a) Compare the features of the perfect competitive market and a monopoly market.
(b) During the post-independent era, five years plan has shown remarkable progress in the field of industrialization. Elaborate the given statement
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6. Prepare any one project out of the given below.
(a) Prepare a Project work on ‘Poverty Alleviation’ Program introduced by the Govt. under the structure of following headings-
- Introduction.
- Meaning and present situation of poverty.
- A brief description of the Poverty Alleviation Program right from the period between, 2000 – 2022.
- Findings.
- Conclusion and Suggestions.
(b) Prepare a project on the opening of a savings bank account in a post office situated in your nearby locality under following headings-
- Paste a picture of the post office.
- Guidelines provided by the employee.
- Documents required for opening a saving account.
- Copy of documents.
- Benefits after opening an account.