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ICSE Board Exam 1998 : Economic Applications

4 pages, 30 questions, 4 questions with responses, 4 total responses,    0    0
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ECONOMIC APPLICATIONS - 1998 (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) What are the chief methods of lending available to the commercial banks? [4] (b) Give two characteristics of the Green Revolution. [3] (c) Define the role of capital in production. [3] (d) M ention two features of mixed economy. [3] Question 2 (a) Distinguish between Simple and Complex Division of Labour. [4] (b) Explain how division of labour is limited by the extent of the market. [3] (c) How does rapid growth of population aggravate the food problem? [3] (d) M ention two causes for the low productivity of Indian agriculture. [3] Q uestion 3 (a) State factors which determine the creation of savings in a country. [4] (b) M ention two factors which determine the supply of labour in a country. [3] (c) State any two drawbacks of State enterprises. [3] (d) Give two features of sole proprietorship. [3] Question 4 (a) Diffrentiate between Sunk Capital and Floating Capital. [4] (b) Give two factors that show the importance of agriculture for industrial development. [3] (c) State two advantages of a bank account. [3] (d) Examine any two major problems of the Jute Industry in India. [3] PART II (40 Marks) Attempt any four questions from this Section. Question 5 (a) What is the meaning of "land" in economic terms? Discuss any four peculiarities of as a factor of production. [6] (b) Discuss the importance of Small-Scale Industries and Cottage Industries in the Indian Economy. [6] Question 6 (a) Explain briefly the meaning of efficiency of labour and state four factors which determine the efficiency of labour. [6] (b) What is meant by "agricultural labour"? Give four reasons for the rapid growth agricultural labour in India. [6] Question 7 (a) Describe the quantitative methods of credit control adopted by the Central bank to control credits. [6] (b) What are co-operative societies? Explain the three different ways in which co-operatives are organised in India. [6] Question 8 (a) How is a Joint Stock Company formed? In what four respects does a Joint Stock Company differ from a Partnership? [6] (b) Discuss two objectives of land reforms and give a brief account of tenancy reforms in India. [6] Question 9 (a) What is meant by sub-division and fragmentation of holdings? Describe any four causes for the sub-division and fragmentation of land holdings. [6] (b) Examine any four reasons for the importance of a good transport system in a growing economy like that of India. [6] Question 10 (a) What is Economic Planning? Explain the reasons for the three Annual Plans of 1966-67, 1967-68, 1968-69. [6] (b) Discuss any four functions of the Government in economic development. [6] Question 11 (a) Discuss any four reasons to show that rapid industrialisation of our country is essential. [6] (b) What is fiscal policy? How can fiscal policy be used for economic development. [6]

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Additional Info : Solved ICSE Board exam paper study guide - ICSE 1998 : ECONOMIC APPLICATIONS - I.C.S.E. Free Online Question Paper
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