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ICSE Board Exam 1996 :Economic Applications

4 pages, 31 questions, 4 questions with responses, 4 total responses,    0    0
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ECONOMIC APPLICATIONS - 1996 (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) State two qualities of an entrepreneur. [3] (b) State two functions of capital. [3] (c) Give two merits of a co-operative organisation? [3] (d) Explain briefly two shortcomings of public enterprises in India. [4] Question 2 (a) Suggest two measures to increase agricultural productivity in India. [3] (b) State two evils of sub-division and fragmentation of agricultural holdings in India. [3] (c) What do you understand by Green Revolution? [3] (d) State the main purpose for which NABARD has been set-up. [4] Q uestion 3 (a) Explain two problems of cottage and small-scale industries in India. [3] (b) State two advantages of establishing industries in the Joint Sector. [3] (c) What do you mean by infrastructure? [3] (d) Give two advantages of water transport in India. [4] Question 4 (a) Explain briefly two reasons why all the important Commercial Banks in India were nationalised by the Government? [3] (b) State two objectives of taxation. [3] (c) Distinguish between Fiscal Policy and M onetary Policy. [3] (d) State any two objectives of the Seventh Five Year Plan. [4] PART II (48 Marks) Attempt any four questions from this Section. Question 5 (a) Explain four important characteristics of land. [6] (b) Define labour and explain three advantages of division of labour. [6] Question 6 (a) What is sole proprietorship? Describe three advantages of a sole proprietorship firm. [6] (b) Explain four ways in which a co-operative organisation differs from a Joint Stock Company. [6] Question 7 (a) Explain four causes of food shortage in India. [6] (b) Give four reasons why the development of agriculture is regarded as essential for the growth of industries in India. [6] Question 8 (a) Explain four benefits that India has from industrialisation. [6] (b) Briefly explain four measures adopted by the Government to help cottage and small-scale Industries in India. [6] Questin 9 (a) Describe four beneficial effects of railways. [6] (b) What do you mean by communication? Describe briefly two important methods of communication. [6] Question 10 (a) Describe the two basic functions of Commercial Banks giving suitable examples. [6] (b) Describe the following two methods of credit control adopted by the Central Bank. (1) Bank Rate Policy [3] (2) Change in the Reserve Ratio. [3] Q uestion 11 (a) Briefly explain four ways in which the state can promote economic development. [6] (b) What were the objectives of the First Five Year Plan? State two important achievements of the First Plan. [6]

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Additional Info : Solved ICSE Board exam paper study guide - ICSE 1996 : ECONOMIC APPLICATIONS - I.C.S.E. Free Online Question Paper
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