Marking Scheme

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Marking Scheme
PART-A
1. (a)
∑ 𝑊𝑥
∑𝑊
1
2. (a) Arithmetic Mean
1
3. Random sampling is that method of sampling in which every items of the
universe has equal chance of being selected in the sample.
1
4. Standard deviation is the square root of the arithmetic mean of the squires
of deviation of the items from their mean value.
1
5. Bar diagram is two-dimension diagram.
1
6. Statistics is collection, presentation, analysis and interpretation of data.
There are three characteristics of Statistics as follows:
1. Aggregate of facts.
2. Numerically expressed.
3. Enumerated or estimated.
4. Any other related point.
(1+2)
7. Formation of multiple bar diagram of
(a) Art faculty.
(b) Science faculty.
(c) Commerce faculty.
(1+1+1)
8. Rules of tabular presentation of data.
A- We should take table number, title, head notes, stub notes, foot notes
etc
B- Table must be an ideal size.
C- Title should be compatible with the objective of the study.
D- Any other related points.
(1+1+1)
9. Formulation of histogram.
3
10.Main limitations of statistics areA- It is numerical facts only.
B- It is study of numerical facts only.
C- Results of statistics are true only on an average.
D- Any other related points.
11.Rank correlation Table.
Formula.
Solution and answer (Rk= -.393)
(1+1+1)
(1+1+2)
12.If all values are to be given equal importance then mean will be most
suitable.
If a number repeating most frequently in a series then mode will be most
suitable.
If the number of variables are very less then mean will be most suitable.
If there is no importance of highest and lowest limit then median or mode
will be suitable.
Any other suitable points.
4
13. Arithmetic Mean Table
Formula
Solution and answer (Mean= 12.961)
(1+1+2)
OR
Quartile Deviation Table
Formula
Solution and answer (Q1= 40)
14.1. Differences between Census and Sampling method on the
(3+3)
Basis of (i) Area (ii) Accuracy (iii) Cost and time(iv) Any other related
point
2. Differences between Primary and Secondary data on the basis of
(i) Originality
(ii) Cost and time (iii) Accuracy(iv) any other related
point
15.(a) Mean deviation in the average of deviations of all the values taken from
a statistical average of a series.
Mean Deviation Table
Formula
Solution and answer (MD= 2.05)
( 1+2+1+2)
16.Standard Deviation Table
Formula
Solution and answer (SD= 3.28)
(2+1+3)
17. When some definite connection exists two or more groups, classes or
series their is said to be correlation.
Formula
Table
Solution and answer r=0.993
(1+1+1+3)
18. Index number is devices for measuring difference in the magnitudes of a
group of related variables.
ProblemsTo decide the purpose of index number.
To select the base year.
Selection of goods and services.
Selection the prices of goods and services.
Selection of method of weighting.
Any other related points.
OR
The consumer price index is the index number which measures the average
change in prices paid by the specific class of consumers for goods and
services consumed by them in the current year in comparision with base
year.
UsesIt helps to Formulation of price policy.
It helps to Wage adjustment.
It helps to Measurement of real values.
It helps to Analysis of markets.
It helps to calculate national income deflator.
Any other relevant points.
(1+5)
PART-B
19. Disinvestment is a process in which government sells the shares
of PSUs to the private sectors.
20. (a) India
21. Inward looking trade policy refers the policy of import
substitution in domestic market.
22. (i) Backwardness of Indian agriculture
(ii) Decay of Indian Handicrafts
(iii) Restriction on Indian-Foreign trade
(iv) Any other related point
23. (i) Trade was in stagnant condition
(ii) Net importer of finished goods
(iii) Net exporter of raw materials
(iv)Any other related points
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1
1
3
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24. (i) Low level of productivity
(ii) High degree of vulnerability
(iii) A Wedge between owners of the soil and tillers of the soil.
(iv) Any other related point
3
25. Liberalization of the economy means its freedom from direct or physical
controls imposed by the government. Two steps are as follows;
(i)
Industrial Sector Reforms
(ii)
Financial Sector Reforms
(iii)
(iv)
Fiscal Reform
Any other related point
OR
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Privatization is the general process of involving the private sector in the
ownership or operation of a state owned enterprise. Reasons behind
privatization are :
(i)
Heavy loses of public sector units
(ii)
Inefficient performance of public sector units
(iii) Any other related points
26. These reasons were responsible for decay of handicrafts
(i)
Discriminatory Tariff policy of the state
(ii)
Disappearance of princely courts
(iii) Competition from Machine made products
(iv) New patterns of Demand
(v)
Introduction of Railways in India
Any four from the above
4
27. Poverty line is a line dividing rich and poor section of people. By planning
commission it is decided 2400 calories per day for rural area and 2100
calories per day for urban areas people.
Description of two programmes started by government to iradicate
poverty.
1-Swarn Jayanti Gram Swarojgaar Yojana.
2- Swarn Jayanti Sahari Rojgaar Yojana.
Any other programme.
(2+2+2)
28. Examine to economic reform on these basis
(i) Impact on agriculture.
(ii) Economic welfare
(iii) Self-sufficiency.
( 2+2+2)
29.
Skilled and expertise people of a nation is considered as a
human capital on the other hand physical capital refers to the
product means of production.
Different sources of human capital formation areExpenditure on education.
Expenditure on health.
Expenditure on-the-job training.
Expenditure on information.
Any other related points.
(2+4)
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