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ICSE Board Exam 1999 : Economic Applications

4 pages, 30 questions, 3 questions with responses, 3 total responses,    0    0
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ECONOMIC APPLICATIONS - 1999 (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 is the difference between an entrepreneur and an organizer? [2] (b) What do you mean by 'effiiciency of labour'? [2] (c) State two differences between a Joint-Stock Company and a Co-operative Organisation. [3] (d) Explain briefly two ways in which sector enterprises promote economic development. [3] Question 2 (a) What is meant by consolidation of holdings? [2] (b) State one important reason why Indian farmers need long-term finance? Name one institution set up by the government to provide long-term finance to farmers. [2] (c) Give two suggestions for improving the condition of landless farm workers in India. [3] (d) State two objectives of the Comprehensive Crop Insurance Scheme launched by the government. [3] Question 3 (a) Explain one of the problems of the cotton textile industry in India. [2] (b) What is the main function of Indian Standard Institution (ISI)? [2] (c) State two advantages of establishing industries in Joint Sector. [3] (d) M ention two factors which make water transport superior to other modes of transport. [3] Question 4 (a) What is the difference between a tax on income and a tax on commodity? [2] (b) What is an 'unproductive public debt'? [2] (c) State two ways in which the government can promote economic development. [3] (d) Give two reasons why India adopted economic planning? [3] PART II (40 Marks) Attempt any four questions from this Section. Question 5 (a) Define capital and explain its two important functions. [5] (b) Explain three factors on which supply of labour depends. [5] Question 6 (a) Explain four important features of Joint Stock Company. [5] (b) Discuss three disadvantages of partnership firm. [5] Question 7 (a) Explain three causes of sub-division and fragmentation of holdings in India. [5] (b) Suggest three measures to solve the food problem in India. [5] Question 8. (a) Briefly explain four problems of Cottage and Small-Scale Industries in India. [5] (b) Explain three reasons for the losses of public enterprises in India. [5] Question 9 (a) Describe three sources of finance for Small-Scale Industries. [5] (b) Describe three important sources of power in India [5] Question 10 (a) Explain how a Central Bank is useful to the commercial banks. [5] (b) Describe three reasons for the nationalisation of banks in India. [5] Question 11 (a) Describe three causes for the increase in public expenditure in modern times. [5] (b) Explain the term 'Infrastructure'. M ention its importance for the development of country. [5]

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Additional Info : Solved ICSE Board exam paper study guide - ICSE 1999 : ECONOMIC APPLICATIONS - I.C.S.E. Free Online Question Paper
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