DELHI PUBLIC SCHOOL BANGALORE EAST

UNIT TEST – I (2024 – 2025)

SUBJECT: ECONOMICS

CLASS: XI MAX-MARKS: 40
DATE: TIME: 1 ½ HOURS
NAME:
GENERAL INSTRUCTIONS

 All questions are compulsory.

 Read all the questions carefully.
 Marks for each question are indicated against it.

Choose the correct answer ( 10 × 1 = 10 M)

1. For class 20-30,the cumulative frequency is_____________.
Class 0-10 10-20 20-30 30-40 40-50
Frequency 5 8 15 6 4
a. 28 b.23 c.13 d.20
2. Age of a person is :
a.An attribute b.A discrete variable c.A continuous variable d.A variable
3. State whether the following statement is True or False. Give reasons
‘Collection of primary data is more economic than secondary data’
4. You are asked to study change in quantity produced by a farmer with a fall in the price of the
product. Which branch of Economics would you study to ascertain the changes?
a.Macro Economics b. Normative Economics
c. Positive Economics d. Micro Economics
5. In the following questions, the Assertions (A) and Reason (R) have been put forward. Read both
the statements carefully and choose the correct alternative from the following

(A) Both Assertion(A) and the Reason(R) are True and Reason(R) is the correct
explanation of Assertion(A)
(B) Both Assertion(A) and the Reason(R) are True but Reason(R) is not the correct
explanation of Assertion(A)
(C) Assertion(A) is True but the Reason(R) is False.
(D) Assertion(A) is false but Reason(R) is true

Assertion(A): Opportunity cost is the cost of the next best alternative foregone.
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 Reason(R): The opportunity cost of building airport terminal is the public housing for
low-income families that the same government funds could have been used for.

6. The causes of economic problem include:

a. Human wants are Unlimited b. Economic resources are limited
c. Resources have alternative uses d. All of these

7. State giving reasons whether the following statements are true or false.
Massive unemployment shifts PPC to the left.
False

8. “Non-attainable combinations can be converted into attainable combinations.” Defend or refute.

Yes, can be converted using better technology or by increasing the resources in the economy.

9. Read the statement carefully and choose the correct alternatives given below:
Statement 1: Positive economics deals with economic behaviour related to past, present and
future.
Statement 2: Positive statements are not necessarily the statement of truth but these statements
are verifiable for truth.
Alternatives:
a. Both the statements are true
b. Statement 1 is true and Statement 2 is false.
c. Statement 1 is false and Statement 2 is true.
d. Both the statements are false.

10. Identify whether the given good is scarce or not also state the reason for your answer.
“Gravity holding us on earth.”
Ans: Not scarce as it is free.

11. Explain any three features of Statistics in the plural sense. (3)
Aggregate of facts
Affected by multiplicity of causes
Numerically expressed
Enumerated or estimated with reasonable amount of accuracy
Collected for a pre-determined purpose
Placed in relation to each other
Collected in a systematic manner

12. Draw a transformation curve, given the following possibilities of production (resources and
technology remaining constant). Also, find the marginal opportunity cost when more and more
Guns are produced in place of Bread. (3)

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 Guns(Units) 0 1 2 3 4 5
Bread (Units) 30 28 24 18 10 0

Ans:

Guns Bread MOC

0 30 -
1 28 2/1=2
2 24 4/1=4
3 18 6/1=6
4 10 8/1=8
5 0 10/1=10

13. Using a diagram explain what will happen to the PPC of Karnataka if the river Kaveri causes
widespread floods
Ans: Explain leftward shift in PPC. (4)
14. Read the following passage and answer the following questions:

The data collected from primary sources are raw or unclassified. Once the data are collected the
next step is to classify them for further statistical analysis. 'Classification' brings order to raw data
which can be classified through the frequency distribution in a comprehensive manner. Once you
know the techniques of classification, you can easily construct a frequency distribution, both for
the continuous and discrete variable. A continuous variable can take any numerical value, e.g.,
height, weight etc. whereas a discrete variable can take only certain value, e.g., number of
children, number of chairs etc.
(a) Explain how does classification of data brings order to raw data. (2)
(b) Distinguish between primary and secondary data. Give an example of each. (2)

Ans a)Classification present the information in a simple form

To facilitate comparison
It provide base for presentation of data
Makes the data reliable and logical

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 Ans b)

15. Define questionnaire. Mention important qualities of a good questionnaire. (4)

A questionnaire is a list of questions or items used to gather data from respondents about their
attitudes, experiences, or opinions.

Or

The following data relate to the marks of 48 students in Statistics. Construct a frequency
distribution taking the class intervals as 0-9,10-19,20-29,..

56 10 54 38 21 43 12 22
48 51 39 26 12 17 36 19
48 36 15 33 30 62 57 17
5 17 45 46 43 55 57 38
43 28 32 35 54 27 17 16
11 43 45 2 16 46 28 45

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16. a )Distinguish between census and sample surveys. (4+2)

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 b) Prepare a continuous series from the following data:
Mid value 125 135 145 155 165
Frequency 10 9 12 8 6

17. Explain the Central problems of an economy. (6)

Ans: What to produce, how to produce and for whom to produce. (2 marks per problem)
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