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ECONOMICS 
Time allowed: 3 hours       Maximum Marks: 100 
General instructions: 
(i)  All questions in both the sections are compulsory, 
(ii) Marks for questions are indicated against each. 
(iii)   Questions carrying 1 mark for each part are required to be answered in one sentence each. 
(iv)   Questions carrying 3 marks are required to be answered in not more than 60 words each. 
(v)   Questions carrying 4 marks are required to be answered in not more than 70 words each. 
(vi) Questions carrying 6 marks each are required to be answered in not more than 100 words 
each. 
(vii)  Answers should be brief and to the point and the above word limits should be adhered to as far 
as   possible. 
(viii)   All parts of a question should be answered at one place. 
 
Section - A (Statistics 75 Marks) 
1. Define Raw data.         1 
2.  The largest value of the series is 108 and the smallest value is 29. Calculate its range.1 
3. What do you mean by exclusive series?      1 
4. What is meant by measures of central tendency?     1 
5. What is the meaning of Wholesale Price Index?     1 
6. Give welfare definition of Economics.      1 
7. Give the formula of “Weighted Mean”.      1 
8. Explain Qualitative data and Quantitative data.     1 
9. Prepare a pie diagram to represent the following data:    3 
Items    Percentage of income spent 
Food and clothing   60 
Page 2


 
 
 
 
        
        
      
  
 
ECONOMICS 
Time allowed: 3 hours       Maximum Marks: 100 
General instructions: 
(i)  All questions in both the sections are compulsory, 
(ii) Marks for questions are indicated against each. 
(iii)   Questions carrying 1 mark for each part are required to be answered in one sentence each. 
(iv)   Questions carrying 3 marks are required to be answered in not more than 60 words each. 
(v)   Questions carrying 4 marks are required to be answered in not more than 70 words each. 
(vi) Questions carrying 6 marks each are required to be answered in not more than 100 words 
each. 
(vii)  Answers should be brief and to the point and the above word limits should be adhered to as far 
as   possible. 
(viii)   All parts of a question should be answered at one place. 
 
Section - A (Statistics 75 Marks) 
1. Define Raw data.         1 
2.  The largest value of the series is 108 and the smallest value is 29. Calculate its range.1 
3. What do you mean by exclusive series?      1 
4. What is meant by measures of central tendency?     1 
5. What is the meaning of Wholesale Price Index?     1 
6. Give welfare definition of Economics.      1 
7. Give the formula of “Weighted Mean”.      1 
8. Explain Qualitative data and Quantitative data.     1 
9. Prepare a pie diagram to represent the following data:    3 
Items    Percentage of income spent 
Food and clothing   60 
 
 
 
 
         
        | 
      
Housing    15 
Fuel and others   25 
10. Construct a histogram for the following data:     3 
Midvalue  5 10 15 20 25 30 
Frequency     3 5 8 10 6 4 
11. Draw Scatter diagram showing perfect positive correlation and zero correlation.  3 
12. Prepare a frequency array of marks obtained by 20 students of a class in economics test: 
          3 
20, 15, 30, 20, 40, 25, 25, 30, 40, 20, 35, 35, 50, 15, 50, 25, 40, 40, 30, 50.  
13. Find Karl Pearson’s coefficient of correlation between X and Y series by short cut method taking 
middle term as assumed mean from the following data:  4 
X 10 12 8  15 20 25 40 
Y 15 10 6 25 16 12 8 
14. Calculate inter quartile range and its coefficient from the following data:  4 
Midpoints  5 15 25 35 45 
No. of students 4  3  6  5  2 
15. Calculate standard deviation by using actual mean method for the following data:4 
Midpoints  5 15 25 35 45 
No. of students 4  3  6  5  2 
 
 
16. Calculate mean by short cut method taking middle term as assumed mean from the following 
data:          4 
Marks more than 0 10 20 30 40  50 60 
No. of students 40 38 33 25 15 7 5 
 
17. Find the missing frequency in the following distribution if N = 100 M =30. 5 
Marks 0-10 10-20 20-30 30-40 40-50 50-60 
No. of students 10 ? 25 30 ? 10 
 
18. An enquiry into the budgets of middle class families in a certain city gave the following 
information:          5 
Page 3


 
 
 
 
        
        
      
  
 
ECONOMICS 
Time allowed: 3 hours       Maximum Marks: 100 
General instructions: 
(i)  All questions in both the sections are compulsory, 
(ii) Marks for questions are indicated against each. 
(iii)   Questions carrying 1 mark for each part are required to be answered in one sentence each. 
(iv)   Questions carrying 3 marks are required to be answered in not more than 60 words each. 
(v)   Questions carrying 4 marks are required to be answered in not more than 70 words each. 
(vi) Questions carrying 6 marks each are required to be answered in not more than 100 words 
each. 
(vii)  Answers should be brief and to the point and the above word limits should be adhered to as far 
as   possible. 
(viii)   All parts of a question should be answered at one place. 
 
Section - A (Statistics 75 Marks) 
1. Define Raw data.         1 
2.  The largest value of the series is 108 and the smallest value is 29. Calculate its range.1 
3. What do you mean by exclusive series?      1 
4. What is meant by measures of central tendency?     1 
5. What is the meaning of Wholesale Price Index?     1 
6. Give welfare definition of Economics.      1 
7. Give the formula of “Weighted Mean”.      1 
8. Explain Qualitative data and Quantitative data.     1 
9. Prepare a pie diagram to represent the following data:    3 
Items    Percentage of income spent 
Food and clothing   60 
 
 
 
 
         
        | 
      
Housing    15 
Fuel and others   25 
10. Construct a histogram for the following data:     3 
Midvalue  5 10 15 20 25 30 
Frequency     3 5 8 10 6 4 
11. Draw Scatter diagram showing perfect positive correlation and zero correlation.  3 
12. Prepare a frequency array of marks obtained by 20 students of a class in economics test: 
          3 
20, 15, 30, 20, 40, 25, 25, 30, 40, 20, 35, 35, 50, 15, 50, 25, 40, 40, 30, 50.  
13. Find Karl Pearson’s coefficient of correlation between X and Y series by short cut method taking 
middle term as assumed mean from the following data:  4 
X 10 12 8  15 20 25 40 
Y 15 10 6 25 16 12 8 
14. Calculate inter quartile range and its coefficient from the following data:  4 
Midpoints  5 15 25 35 45 
No. of students 4  3  6  5  2 
15. Calculate standard deviation by using actual mean method for the following data:4 
Midpoints  5 15 25 35 45 
No. of students 4  3  6  5  2 
 
 
16. Calculate mean by short cut method taking middle term as assumed mean from the following 
data:          4 
Marks more than 0 10 20 30 40  50 60 
No. of students 40 38 33 25 15 7 5 
 
17. Find the missing frequency in the following distribution if N = 100 M =30. 5 
Marks 0-10 10-20 20-30 30-40 40-50 50-60 
No. of students 10 ? 25 30 ? 10 
 
18. An enquiry into the budgets of middle class families in a certain city gave the following 
information:          5 
 
 
 
 
        
        
      
Expenses on Food 
35% 
Fuel 
10% 
Clothing 
20% 
Rent 
15% 
Misc. 
20% 
Prices (2004) 1500 250 750 300 400 
Prices (1995) 1400 200 500 200 250 
 What is the cost of living index of 2004 as compared with 1995? 
 
19. Calculate Mean Deviation from mean and its coefficient:    5 
Class Interval  2-4 4-6 6-8 8-10 
Frequencies    3    4   2   1 
 
20. Calculate mode by grouping table method.      6 
C.I 0-10 10-20 20-30 30-40 40-50 50-60 60-70 70-80 
F 15 20 25 24 12 31 71 52 
 
21. A batsman is to be selected for a cricket team. The choice is between X and Y on the basis of 
their five previous scores which are:     6 
X 25 85 40 80 120 
Y 50 70 65 45 80 
Which batsman is more consistent in the team? 
OR 
Describe different types of dispersion. 
22. Find the coefficient of rank correlation:      6 
X 25 45 35 40 15 19 35 42 
Y 55 60 30 35 40 42 36 48 
OR 
Explain different types of correlation. 
Page 4


 
 
 
 
        
        
      
  
 
ECONOMICS 
Time allowed: 3 hours       Maximum Marks: 100 
General instructions: 
(i)  All questions in both the sections are compulsory, 
(ii) Marks for questions are indicated against each. 
(iii)   Questions carrying 1 mark for each part are required to be answered in one sentence each. 
(iv)   Questions carrying 3 marks are required to be answered in not more than 60 words each. 
(v)   Questions carrying 4 marks are required to be answered in not more than 70 words each. 
(vi) Questions carrying 6 marks each are required to be answered in not more than 100 words 
each. 
(vii)  Answers should be brief and to the point and the above word limits should be adhered to as far 
as   possible. 
(viii)   All parts of a question should be answered at one place. 
 
Section - A (Statistics 75 Marks) 
1. Define Raw data.         1 
2.  The largest value of the series is 108 and the smallest value is 29. Calculate its range.1 
3. What do you mean by exclusive series?      1 
4. What is meant by measures of central tendency?     1 
5. What is the meaning of Wholesale Price Index?     1 
6. Give welfare definition of Economics.      1 
7. Give the formula of “Weighted Mean”.      1 
8. Explain Qualitative data and Quantitative data.     1 
9. Prepare a pie diagram to represent the following data:    3 
Items    Percentage of income spent 
Food and clothing   60 
 
 
 
 
         
        | 
      
Housing    15 
Fuel and others   25 
10. Construct a histogram for the following data:     3 
Midvalue  5 10 15 20 25 30 
Frequency     3 5 8 10 6 4 
11. Draw Scatter diagram showing perfect positive correlation and zero correlation.  3 
12. Prepare a frequency array of marks obtained by 20 students of a class in economics test: 
          3 
20, 15, 30, 20, 40, 25, 25, 30, 40, 20, 35, 35, 50, 15, 50, 25, 40, 40, 30, 50.  
13. Find Karl Pearson’s coefficient of correlation between X and Y series by short cut method taking 
middle term as assumed mean from the following data:  4 
X 10 12 8  15 20 25 40 
Y 15 10 6 25 16 12 8 
14. Calculate inter quartile range and its coefficient from the following data:  4 
Midpoints  5 15 25 35 45 
No. of students 4  3  6  5  2 
15. Calculate standard deviation by using actual mean method for the following data:4 
Midpoints  5 15 25 35 45 
No. of students 4  3  6  5  2 
 
 
16. Calculate mean by short cut method taking middle term as assumed mean from the following 
data:          4 
Marks more than 0 10 20 30 40  50 60 
No. of students 40 38 33 25 15 7 5 
 
17. Find the missing frequency in the following distribution if N = 100 M =30. 5 
Marks 0-10 10-20 20-30 30-40 40-50 50-60 
No. of students 10 ? 25 30 ? 10 
 
18. An enquiry into the budgets of middle class families in a certain city gave the following 
information:          5 
 
 
 
 
        
        
      
Expenses on Food 
35% 
Fuel 
10% 
Clothing 
20% 
Rent 
15% 
Misc. 
20% 
Prices (2004) 1500 250 750 300 400 
Prices (1995) 1400 200 500 200 250 
 What is the cost of living index of 2004 as compared with 1995? 
 
19. Calculate Mean Deviation from mean and its coefficient:    5 
Class Interval  2-4 4-6 6-8 8-10 
Frequencies    3    4   2   1 
 
20. Calculate mode by grouping table method.      6 
C.I 0-10 10-20 20-30 30-40 40-50 50-60 60-70 70-80 
F 15 20 25 24 12 31 71 52 
 
21. A batsman is to be selected for a cricket team. The choice is between X and Y on the basis of 
their five previous scores which are:     6 
X 25 85 40 80 120 
Y 50 70 65 45 80 
Which batsman is more consistent in the team? 
OR 
Describe different types of dispersion. 
22. Find the coefficient of rank correlation:      6 
X 25 45 35 40 15 19 35 42 
Y 55 60 30 35 40 42 36 48 
OR 
Explain different types of correlation. 
 
 
 
 
        
        
      
23. For the data given compute index number by: i) Laspere’s Method, (ii) Pasche’s method,  and  
(iii) Fisher’s ideal method:       6 
Commodity Price 
2001 
Quantity  
2001 
Price  
2010 
Quantity  
2010 
A 10 30 12 50 
B 8 15 10 25 
C 6 20 6 30 
D 4 10 6 20 
 
 
Section – B (25 Marks) 
24. What do you mean by Liberalization?          1 
25. Why did India opt for planning?           1 
26. What are the major central problems of an economy?        3 
27. Describe any four achievements of green revolution.        4 
28. Mention any five arguments in favour of privatisation.        5 
29. Critically evaluate the industrial development during the period of 1950 to 1990.     5  
30. Give a quantitative appraisal of India’s demographic profile on the eve of Independence.  
              6  
 
 
 
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FAQs on CBSE Class 11 Economics Sample Paper - 16 - Economics for Grade 11

1. How does the concept of demand and supply affect the price of goods and services?
Ans. The concept of demand and supply plays a crucial role in determining the price of goods and services in the market. When demand for a product increases and supply remains constant, the price tends to rise. Conversely, if supply exceeds demand, prices are likely to decrease.
2. What are the factors that can shift the demand curve in economics?
Ans. Factors that can shift the demand curve include changes in consumer income, preferences, prices of related goods, and expectations about future prices. Additionally, changes in population demographics and consumer expectations can also influence demand.
3. How does a change in the price of substitute goods impact the demand for a particular product?
Ans. If the price of a substitute good decreases, the demand for the particular product may decline as consumers switch to the cheaper alternative. Conversely, if the price of a substitute good increases, the demand for the product in question may increase as consumers seek more affordable options.
4. What is the difference between a change in quantity demanded and a shift in the demand curve?
Ans. A change in quantity demanded refers to a movement along the demand curve in response to a change in price, while a shift in the demand curve indicates a change in demand at every price point. Shifts in the demand curve are caused by factors other than price, such as income or preferences.
5. How do producers respond to changes in supply and demand in the market?
Ans. Producers adjust their production levels in response to changes in supply and demand. If demand increases, producers may increase production to meet the higher demand, leading to higher prices. Conversely, if supply exceeds demand, producers may decrease production to avoid surplus inventory.
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