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ICSE Board Exam 2002 : Economic Applications

4 pages, 30 questions, 2 questions with responses, 3 total responses,    0    0
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ECONOMIC APPLICATIONS - 2002 (Two Hours) Answers to this Paper must be written on the paper provided separately. You will not be allowed to write during the first 15 minutes. This time is to be spent in reading the question paper. The time given at the head of this Paper is the time allowed for writing the answers. Attempt all questions from Part I and any four questions from Part II. The intended marks for questions or parts of questions are given in brackets [ ]. PART I (40 Marks) Attempt all questions from this Section. Question 1 (a) M ention any two functions of a Commercial bank. [2] (b) What role does the public sector play in reducing regional disparities in industrial growth? [2] (c) Explain two advantages of a Consumer's Co-operative Society. [3] (d) Give any three differences between a sole proprietorship firm and a partnership firm. [3] Question 2 (a) M ention two problems faced by the sugar industry in India. [2] (b) Give two reasons to show that public enterprises are desirable in a mixed economy. [2] (c) State any three problems faced by the small-scale industries in India. [3] (d) Which industry uses road transport extensively? Why? [3] Question 3 (a) State why sugar factories are located near sugarcane plantations. [2] (b) Apart from the use of HYV seeds, what other agricultural inputs are essential for achieving success in agriculture? [2] (c) Give any three benefits that agriculture accrues from industrialization. [3] (d) Distinguish between bonded labour and casual labour. [3] Question 4 (a) State two functions of the Government in achieving economic development. [2] (b) Which Five Year Plan is currently operative? [2] (c) M ention three important factors that have increased the mobility of labour in recent years. [3] (d) State any three features of the new development strategy (New Economic Policy) adopted since 1991. [3] PART II (40 Marks) Attempt any four questions from this section Question 5 (a) How does land differ from capital? Explain three factors which effect the productivity of land. [5] (b) State briefly why small-scale industries should be encouraged in India. [5] Q uestion 6 (a) "Credit is necessary in agriculture." Elaborate this statement with suitable arguments. [5] (b) What is the contribution of the private sector to the industrial development of India. [5] Question 7 (a) What is meant by the term industrialisation? Discuss its role in the progress of developing countries. [5] (b) Give any five reasons for the regional disparities in the industrial growth of India. [5] Question 8 (a) What is a Central Bank? Briefly state the reason for setting up a central banking institution in a country. [5] (b) State any two objectives of land reforms in India and explain briefly any two tenancy reforms. [5] Question 9 (a) In your opinion which is the most important factor of production? Why? [5] (b) Explain with examples what is meant by balanced industrial structure. [5] Question 10 (a) What do you mean by Physical Controls? Explain any three objectives of Physical Controls. [5] (b) When was the Planning Commission constituted in India? Explain its objectives. [5] Q uestion 11 (a) What is economic planning? Explain three objectives of Indian economic planning. [5] (b) How does taxation policy assist in achieving the objectives of social justice in a country? Briefly explain any three ways of achieving the objectives of social justice through taxation. [5]

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Additional Info : Solved ICSE Board exam paper study guide - ICSE 2002 : ECONOMIC APPLICATIONS - I.C.S.E. Free Online Question Paper
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