Teachers recommend solving Kerala Syllabus Plus One Economics Previous Year Question Papers and Answers Pdf March 2023 to improve time management during exams.
Kerala Plus One Economics Previous Year Question Paper March 2023
Time: 2½ Hours
Total Scores: 80
Answer any 8 questions from 1 to 10. Each carries 1 score. (8 × 1 = 8)
Question 1.
Which of the following is adopted by the government to promote equity in the agricultural sector after independence in India?
(a) Advancement in technology
(b) Self-Reliance
(c) Land Reforms
(d) Diversification
Answer:
(c) Land Reforms
Question 2.
Which of the following is an Indirect Tax?
(a) Income Tax
(b) Goods and Service Tax
(c) Corporation Tax
(d) Property Tax
Answer:
(b) Goods and Service Tax
Question 3.
Who used ‘Jail Cost of Living’ to discuss the poverty line in Pre-independent India?
(a) V.K.R.V. Rao
(b) Jawaharlal Nehru
(c) Dadabhai Naoroji
(d) R.C. Desai
Answer:
(c) Dadabhai Naoroji
Question 4.
Horticulture relates to:
(a) Production of Milk and Milk Products
(b) Production of Fruits, Vegetables, Flowers etc.
(c) Production of Fish
(d) Animal Husbandry
Answer:
(b) Production of Fruits, Vegetables, Flowers etc.
Question 5.
Primary Sector includes:
(a) Construction
(b) Trade
(c) Manufacturing
(d) Mining and Quarrying
Answer:
(d) Mining and Quarrying
Question 6.
Population in statistics means:
(a) Total number of people in the country
(b) Total number of people in the world
(c) Totality of the items under study area
(d) Selected items in the study area
Answer:
(c) Totality of the items under study area
Question 7.
Which of the following is a frequency diagram?
(a) Histogram
(b) Pie-diagram
(c) Simple bar diagram
(d) Multiple bar diagram
Answer:
(a) Histogram
Question 8.
The measure of central tendency which divides the series into two equal parts:
(a) Quartiles
(b) Arithmetic mean
(c) Median
(d) Mode
Answer:
(c) Median
Question 9.
Which of the following is the most frequently observed value in a series?
(a) Percentiles
(b) Range
(c) Frequency
(d) Mode
Answer:
(d) Mode
Question 10.
Which index number is known as the cost of living index?
(a) Wholesale Price Index
(b) Consumer Price Index
(c) Human Development Index
(d) Sensex
Answer:
(b) Consumer Price Index
Answer any 4 questions from 11 to 15. Each carries 2 scores. (4 × 2 = 8)
Question 11.
List any four causes of poverty in India.
Answer:
Poverty is one of the biggest challenges faced by India.
4 Causes of Poverty
- Inequality
- Unemployment
- Overpopulation
- Lack of capital formation
Question 12.
What are the two aspects of diversification in agricultural productive activities?
Answer:
- To bring change in cropping patterns.
- To shift the workers from agriculture to other allied activities.
Question 13.
List any two merits of the Pilot Survey.
Answer:
- To understand the quality of the questionnaire.
- It helps to know the cost and time required for the actual survey.
Question 14.
Calculate a simple aggregative price index for the following data:
| Item | Base Period Price | Current Period Price |
| A | 4 | 6 |
| B | 6 | 6 |
| C | 4 | 5 |
| D | 2 | 5 |
Answer:
Question 15.
List any four steps towards making a project.
Answer:
Project is a useful device to understand important problems faced by society and it also helps us to seek solutions.
4 Steps towards making a project
- Identifying a problem
- Choice of a target group
- Collection of data
- Organisation and Presentation of data
Answer any 4 questions from 16 to 20. Each carries 3 scores. (4 × 3 = 12)
Question 16.
Write the suitable economic term for the following:
- \(\frac{\text { Total number of workers in India }}{\text { Population in India }} \times 100\)
- Workers who own and operate an enterprise to earn their livelihood.
- Process of moving from self-employment and regular salaried employment to casual wage work.
Answer:
- Worker Population Ratio
- Self Employed
- Casualisation of Workforce
Question 17.
Complete the chart showing the functions of the environment.
| Functions of Environment |
|
Answer:
- It supplies resources.
- It assimilates wastes.
- It sustains life.
Question 18.
List any three areas, where an economist can use statistical tools.
Answer:
- To solve economic problems.
- To formulate economic planning.
- Used in the formulation of economic policies.
Question 19.
Distinguish between continuous variable and discrete variable with one suitable example for each.
Answer:
Variables that can take only certain values can be termed discrete variables.
eg: Population
Variables that can take any numerical values can be termed continuous variables.
eg: Height
Question 20.
Construct a pie chart from the following data:
| Item of Expenditure | Percentage |
| Labour Charge | 60 |
| Wood | 15 |
| Iron | 5 |
| Bricks | 12 |
| Cement | 4 |
| Supervision | 4 |
Answer:
| Item of Expenditure | Percentage | Degree |
| Labour Charge | 60 | 216 |
| Wood | 15 | 54 |
| Iron | 5 | 18 |
| Bricks | 12 | 43.2 |
| Cement | 4 | 14.4 |
| Supervision | 4 | 14.4 |
| 100 | 360 |
Answer any 4 questions from 21 to 25. Each carries 4 scores. (4 × 4 = 16)
Question 21.
Write a note on the Green Revolution.
Answer:
The term green revolution refers to the huge progress made in Indian agriculture through the inception of some preplanned programs termed strategies. The components of the green revolution are the use of high-yielding varieties of seeds, extended irrigation facilities, chemical fertilizers and pesticides, and the availability of institutional credit.
Question 22.
(a) What do you mean by Agricultural Marketing System?
(b) List any three measures initiated to improve agricultural marketing in India.
Answer:
(a) Agricultural marketing is a process that involves assembling, storage, processing, transportation, packaging, grading, and distributing different agricultural commodities across the country.
(b) Establishment of regulated markets.
Cooperative marketing.
Provision of infrastructural facilities.
Question 23.
Match Column ‘A’ suitably with Column ‘B’:
| A | B |
| (i) Commune System | Students and professionals are sent to work and learn on the side |
| (ii) High Fertility Rate | Massive industrialization of the country |
| (iii) The Great Proletarian Cultural Revolution | Collective cultivation of land |
| (iv) Great Leap Forward | Pakistan |
Answer:
| A | B |
| (i) Commune System | Collective cultivation of land. |
| (ii) High Fertility Rate | Pakistan |
| (iii) The Great Proletarian Cultural Revolution | Students and professionals are sent to work and learn in the countryside. |
| (iv) Great Leap Forward | Massive industrialization of the country. |
Question 24.
Draw scatter diagrams showing the following correlation:
(a) Perfect Positive Correlation
(b) Negative Correlation
(c) Negative Non-linear Correlation
(d) Positive Correlation
Answer:
(a) Perfect Positive Correlation
(b) Negative Correlation
(c) Negative Non-linear Correlation
(d) Positive Correlation
Question 25.
List any four issues in the construction of an Index Number.
Answer:
- Purpose of index number
- Selection of the base year
- Selection of items
- Sources of data
Answer any 4 questions from 26 to 30. Each carries 5 scores. (4 × 5 = 20)
Question 26.
Explain the sources of human capital formation in India.
Answer:
Human capital formation is an important prerequisite to attain economic development, we can make it possible through the following ways.
- Investment in education
- Investment in health
- Investment in on-the-job training
- Migration
- Expenditure on information
Question 27.
From the data given below, find the median graphically.
| Number of Shares | Shareholders |
| 0 – 10 | 60 |
| 10 – 20 | 80 |
| 20 – 30 | 12 |
| 30 – 40 | 28 |
| 40 – 50 | 20 |
Answer:
| Number of Shares | Shares Holders | Less than Value | LCF | More than Values | MCF |
| 0 – 10 | 60 | 10 | 60 | 0 | 200 |
| 10 – 20 | 80 | 20 | 140 | 10 | 140 |
| 20 – 30 | 12 | 30 | 152 | 20 | 60 |
| 30 – 40 | 28 | 40 | 180 | 30 | 48 |
| 40 – 50 | 20 | 50 | 200 | 40 | 20 |
Question 28.
Prepare a frequency distribution table from the data given below by taking class width as 7 by the exclusive method:
Answer:
Question 29.
(a) What are the methods that a researcher uses to collect primary data?
(b) Write the advantages of any one method.
Answer:
Primary data can be collected through the following methods.
- Personal interview
- Mailing questionnaire
- Telephone interview
1. Merits of Personal Interview
- The response rate is very high
- Use all types of questions
- Possible to use open-ended questions
- Possible to make more clarifications
2. Merits of Mailing Questionnaire
- Least expensive
- The best method in case of sensitive questions.
- Gives enough time to answer the question.
- Maintains anonymity of respondents.
- The only method to reach remote areas.
Question 30.
(a) What do you mean by sustainable development?
(b) Explain the strategies for sustainable development.
Answer:
(a) It is an approach where the present generation meets their needs without reducing the ability of future generations to meet their own needs.
(b) Strategies followed to attain sustainable development.
- Use of non-conventional sources of energy
- LPG, gobar gas in rural area
- CNG in Urban areas
- Wind energy
- Solar energy
- Mini hydel projects
- Traditional knowledge and practices
- Organic farming
- Bio composting
- Bio pest control
Answer any 2 questions from 31 to 33. Each carries 8 scores. (2 × 8 = 16)
Question 31.
Calculate Mean, Median, and Mode from the data given below:
| Marks in Economics | Number of Students |
| 0 – 10 | 5 |
| 10 – 20 | 15 |
| 20 – 30 | 18 |
| 30 – 40 | 12 |
| 40 – 50 | 20 |
| 50 – 60 | 15 |
| 60 – 70 | 7 |
| 70 – 80 | 3 |
Answer:
Question 32.
Analyze the Liberalization policy measures introduced in India as a part of the New Economic Policy in 1991.
Answer:
India introduced economic reforms in 1991, this program is famously known as the LPG program.
- Liberalisation
- Privatisation
- Globalisation
Liberalization: Withdrawal of strict restrictions and regulations imposed on economic activities can be termed as liberalization.
Liberalization policy measures introduced in India.
- Deregulation of the Industrial Sector
- Delicensing
- Dereservation
- Dereservation of Goods for Small-Scale Industries
- Amendment of MRTP Act and FERA
- Financial Sector Reforms
- Tax Reforms
- Foreign Exchange Reforms
- Trade and Investment Policy Reforms
Question 33.
“Govt adopted a three-dimensional approach towards poverty alleviation in India.”
(a) What are the three approaches?
(b) Analyse them.
Answer:
Poverty is one of the biggest challenges faced by modern India. To solve this problem government implemented many programs, which are given below.
1. Growth-Oriented Approach: This government expects poverty reduction when the economy experiences high growth (trickle-down).
2. Generation of income and employment through the creation of assets:
- Self-employment and wage employment programs
- Food security programs
- Social securing programs
(i) Self-employment and Wage Employment Programmes
- Swarnajayanti Gram Swarozgar Yojana
- Prime Minister’s Rozgar Yojana
- Rural Employment Generation Programme
- Swarna Jayanti Shahari Rozgar Yojana
- Jawahar Rozgar Yojana
- Nehru RozgarYojana
- National Rural Employment Guarantee Programme
(ii) Food Security Programmes
- Public Distribution System
- Integrated Child Development Schemes
- Mid-Day Meals at School
- Annapoorna Scheme
- Antyodaya Anna Yojana
(iii) Social Security programs
- Aam Aadmi Bimayojana
- Indira Gandhi National Old Age Pension Scheme
- Rashtriya Swastika Bimayojana
- Atal Pension Yojana
- Janasree Bima Yojana
- Pradhan Mantri Jeevan Jyoti Bima Yojana
- National Social Assistance program