NORTH DELHI PUBLIC SCHOOL

SESSION 2020-2021
HALF-YEARLY EXAMINATION
GRADE-XI
SUBJECT-ECONOMICS
DATE: 12.10.2020

Duration : 3Hrs M.M: 80

__________________________________________________________________________________________________

General Instructions:
Read the following instructions very carefully and strictly follow them:
1. All questions are compulsory.

2. Question 1-10 and 18-27 are very short-answer questions carrying 1 mark each. They are required to
be answered in one word or one sentence each.

3. Question 11-12 and 28-29 are short-answer questions carrying 3 marks each. Answers to them should
not normally exceed 60-80 words each.

4. Question 13-15 and 30-32 are also short-answer questions carrying 4 marks each. Answers to them
should not normally exceed 80-100 words each.

5. Question 16-17 and 33-34 are long answer questions carrying 6 marks each. Answers to them should
not normally exceed 100-150 words each.

__________________________________________________________________________________________________

SECTION-A
MICRO-ECONOMICS

1. Indicate whether the following will lead to expansion, contraction, increase or decrease in supply. (1)
Installation of a new machine, resulting in fall in cost of production.
2. What is the price elasticity of supply when : (1)
Supply curve passes through the origin.
3. The relationship between AR and MR depicted in the following diagram is possible when : (1)

a) Price remains constant with rise in output.

b) Price falls with rise in output.
c) Price initially falls and then remains constant with rise in output.
d) None of these.

4. If total revenue is Rs. 1,00,000 when 20,000 units are sold, then average revenue is equal to: (1)
a) Rs. 1,00,000
b) Rs. 20,000
c) Rs.5
d) Rs. 1,20,000
5. Out of the following costs, which can never be zero : (1)
a) AFC
b) AVC
c) TVC
d) None of these

OR

Which cost curve is inverted S-shaped?

6. When AP is maximum, MP is equal to ______. (1)

7. Why is demand for water is inelastic? Give reason. (1)
8. State True or False: (1)
Expansion in demand leads to an upward movement along the same demand curve.
9. How much is total utility at zero level of consumption ? (1)
10. An economy operates on PPF when there is __________ utilisation of resources. (1)
11. The supply for a good rises to 850 units in response to rise in price by Rs.1. If the original supply was
600 units at the price of Rs.4,calculate price elasticity of supply. (3)
12. What are the three central problems of an economy ? How do they arise? (3)
13. Discuss the relationship between AC,AVC and AFC using a single diagram. (4)
OR
Discuss the relationship between MC, AC and AVC using a single diagram.
14. Complete the following table : (4)
Price Quantity Total Revenue Marginal Revenue
7 - 7 -
- 2 10 -
- 3 - -1
1 - - -5

OR
Complete the following table:
Output (units) 1 - 3 -
TVC 10 - 27 -
AVC - 8 - 10
MC - 6 - 13

15. Differentiate between movement along demand curve and shift in demand curve. (4)
16. Explain the Law of Variable Proportions with the help of total and marginal physical product
curves. (6)
17. Explain consumer’s equilibrium with the help of Indifference Curve Analysis. (6)
OR
Explain consumer’s equilibrium, in case of single-commodity, with the help of a utility and
schedule.

SECTION-B
STATISTICS FOR ECONOMICS

18. Fill in the blanks : (1)

A mother teaching her child is a __________ activity , while a teacher teaching the students
is an ____________ activity.
19. Basic reason for existence of economic problem is _______________. (1)
20. Which series exclude the upper limit of the class-interval? (1)
21. What is meant by the term “frequency”? (1)
22. What will be the degree of an angle in the pie-diagram, if Mollie spends 40% of her income on
food? (1)
23. Which bar diagram is used to represent net changes in data? (1)
OR
Name a bar diagram where height of all the bars is the same.
24. Ogives can be helpful in locating graphically the : (1)
a) Mode
b) Mean
c) Median
d) None of these
25. What is false-base line? (1)
OR
What is kinked line?
26. State True or False : (1)
Histogram can only be formed with continuous classification of data.

27. Fill in the blanks : (1)

NSSO was set up in 1950 on the recommendations of National Income Committee , chaired by
___________________.

28. The following are the marks of the 30 students in statistics. Prepare a frequency distribution taking the
class intervals as: 10-20, 20-30 and so on. (3)
12 33 23 25 18 35 37 49 54 51 37 15 33 42 45
47 55 69 65 63 46 29 18 37 46 59 29 35 45 27
29. Differentiate between Census and Sampling method. (3)
OR
Differentiate between Primary and Secondary data.
30. From the following distribution of marks of students in a school, construct a histogram and a (4)
frequency polygon.
Marks 10-19 20-29 30-39 40-49 50-59 60-69
Number of Students 8 12 25 20 16 6
31. Represent the data relating to the cost of production in a factory by means of percentage diagram: (4)
Element of Cost Items
A B C
Raw materials 75 55 60
Wages 45 30 25
Factory overheads 15 10 30
Office overheads 5 15 5

32. Out of total of 620 parents, who applied for admission of their child in a school, 130 belongs to EWS
category. In a general category, 40 parents are of service class, 180 are self employed and remaining
are of business class. In the EWS category, 94 parents belong to a service class. If total business class
applicants are 300, then tabulate the given information. (4)

OR
In a sample study about coffee habit in two towns, the following information was received :
a) Town A: Females were 40%; Total coffee drinkers were 45% and Males non-coffee drinkers
were 20%.
b) Town B: Males were 55% ;Males non-coffee drinkers were 30% and Females coffee drinkers
were 15%. Present the data in tabular form.

33. Draw a ‘Less than’ and ‘More than’ ogive from the following distribution : (6)
Profits (in 10-20 20-30 30-40 40-50 50-60 60-70
Lakhs)
No. of 4 7 10 20 17 2
Companies

34. Draw a pie diagram to represent the marks obtained by Isha (out of 50) in an examination. (6)
Subject Isha (Marks)
Maths 40
Economics 35
Accounts 45
Commerce 46
English 34