Category: Class 11

Students can Download Tamil Nadu 11th Economics Model Question Paper 3 English Medium Pdf, Tamil Nadu 11th Economics Model Question Papers helps you to revise the complete Tamilnadu State Board New Syllabus, helps students complete homework assignments and to score high marks in board exams.

TN State Board 11th Economics Model Question Paper 3 English Medium

General Instructions:

1. The question paper comprises of four parts.
2. You are to attempt all the parts. An internal choice of questions is provided wherever applicable.
3. All questions of Part I, II, III and IV are to be attempted separately.
4. Question numbers 1 to 20 in Part I are Multiple Choice Questions of one mark each.
   These are to be answered by choosing the most suitable answer from the given four alternatives and writing the option code and the corresponding answer
5. Question numbers 21 to 30 in Part II are two-mark questions. These are to be answered in about one or two sentences.
6. Question numbers 31 to 40 in Part III are three-mark questions. These are to be answered in above three to five short sentences.
7. Question numbers 41 to 47 in Part IV are five-mark questions. These are to be answered in detail Draw diagrams wherever necessary.

Time: 3:00 Hours
Maximum Marks: 90

PART – I

Choose the correct answer. Answer all the questions: [20 × 1 = 20]

Question 1.
Knitted garment production is concentrated in …………………..
(a) Coimbatore
(b) Tiruppur
(c) Erode
(d) Karur
Answer:
(b) Tiruppur

Question 2.
The recommendation of Narashimham Committee Report was admitted in the year ………………….
(a) 1990
(b) 1991
(c) 1995
(d) 2000
Answer:
(b) 1991

Question 3.
In literacy rate, TN ranks …………………
(a) Second
(b) Fourth
(c) Sixth
(d) Eighth
Answer:
(d) Eighth

Question 4.
The average revenue curve under monopolistic competition will be ………………….
(a) Perfectly inelastic
(b) Perfectly elastic
(c) Relatively
(d) Unitary elastic
Answer:
(c) Relatively

Question 5.
The main theme of the Twelfth Five Year Plan …………………..
(a) Faster and more inclusive growth
(b) Growth with social Justice
(c) Socialistic pattern of society
(d) Faster, more inclusive and sustainable growth
Answer:
(d) Faster, more inclusive and sustainable growth

Question 6.
The Oldest large scale industry in India …………………
(a) Cotton
(b) Jute
(c) Steel
(d) Cement
Answer:
(a) Cotton

Question 7.
The main gold mine region in kamataka is ………………..
(a) Kolar
(b) Ramgiri
(c) Anantpur
(d) Cochin
Answer:
(a) Kolar

Question 8.
The command Ctrl + M is applied for …………………..
(a) Saving
(b) Copying
(c) Getting new slide
(d) Deleting a slide
Answer:
(c) Getting new slide

Question 9.
Theory of distribution is popularly known as ………………………
(a) Theory of product pricing
(b) Theory of factor pricing
(c) Theory of wages
(d) Theory of Interest
Answer:
(b) Theory of factor pricing

Question 10.
Identify the formuld of estimating average cost ………………………
(a) AVC/Q
(b) TC/Q
(c) TVC/Q
(d) AFC/Q
Answer:
(b) TC/Q

Question 11.
The cost per unit of output is denoted by …………………. cost.
(a) Average
(b) Marginal
(c) Variable
(d) Total
Answer:
(a) Average

Question 12.
Revenue received from the sale of additional unit is turned as …………………. revenue.
(a) Profit
(b) Average
(c) Marginal
(d) Total
Answer:
(c) Marginal

Question 13.
The Headquarters of Southern Railway is at ……………………
(a) Tiruchirappalli
(b) Chennai
(c) Madurai
(d) Coimbatore
Answer:
(b) Chennai

Question 14.
Financial sector reforms mainly related to …………………….
(a) Insurance sector
(b) Banking sector
(c) Both (a) & (b)
(d) Transport sector
Answer:
(c) Both (a) & (b)

Question 15.
Identify the cause for rural indebtedness in India.
(a) Poverty
(b) High population
(c) High productivity
(d) Full employment
Answer:
(a) Poverty

Question 16.
Differentiation of constant term gives …………………..
(a) One
(b) Zero
(c) Infinity
(d) Non – infinity
Answer:
(b) Zero

Question 17.
The recommended nutritional intake per person in rural areas …………………
(a) 2100 calories
(b) 2200 calories
(c) 2300 calories
(d) 2400 calories
Answer:
(d) 2400 calories

Question 18.
Perfect competition assumes …………………….
(a) Luxury goods
(b) Producer goods
(c) Differentiated goods
(d) Homogeneous goods
Answer:
(d) Homogeneous goods

Question 19.
The concept of ‘Quasi – Rent’ is associated with ……………………
(a) Ricardo
(b) J.M. Keynes
(c) Walker
(d) Marshall
Answer:
(d) Marshall

Question 20.
In Economics, distribution of income is among the ………………….
(a) Factors of production
(b) Individual
(c) Firms
(d) Traders
Answer:
(a) Factors of production

PART – II

Answer any seven question in which Question No. 30 is compulsory. [7 × 2 = 14]

Question 21.
State the meaning of liquidity preference?
Answer:

1. Liquidity preference means the preference of the people to hold wealth in the form of liquid cash rather than in other non – liquid assets like bonds, securities, bills of exchange, land, building, gold etc.
2. “Liquidity Preference is the preference to have an equal amount of cash rather than of claims against other”.

Question 22.
State the various components of central sector schemes under post – harvest measures?
Answer:

1. Mega food parks, Integrated cold chain, Value Addition Preservation, Infrastructure and modernization of slaughter house.
2. Scheme for quality Assurance, Codex Standards, Research and Development and other promotional activities.

Question 23.
What are the nuclear power plants in Tamil Nadu?
Answer:
The Kalpakkam Nuclear Power Plant and the Koodankulam Nuclear Power plant are the major nuclear energy plants for the energy grid.

Question 24.
Give the meaning of deductive method?
Answer:

1. Deductive method is also named as analytical or abstract method.
2. It consists in deriving conclusions from general truths,
3. It takes few general principles and applies them to draw conclusions.
4. The classical and neo – classical school of economists notably, Ricardo, JS Mill, Malthus Marshall, Pigou applied the deductive method in their economic investigations.

Question 25.
Give a short note on Sen’s ‘Choice of Technique’?
Answer:
Sen’s ‘Choice of Technique’ was a research work where he argued that in a labour surplus economy, generation of employment cannot be increased at the initial stage by the adaptation of capital – intensive technique.

Question 26.
Give the meaning of non – renewable energy?
Answer:
Non – renewable energy sources:

1. The sources of energy which cannot be renewed or re – used are called non – renewable energy sources.
2. Basically these are the energy sources which will get exhausted over a period of time.
3. Some of the examples of this kind of resources are coal, oil, gas etc.

Question 27.
Distinguish goods from services?
Answer:

Goods	Services
1. Free and Economic goods. Ex: air and sunshine	1. Intangible Ex: brand image 1 pen drive
2. Consumer goods. Ex: TV, Furniture, Automobile, etc.	2. Heterogeneous Ex: Music, Consulting physicians etc.
3. Capital goods also called producer goods. Ex: Machines	3. Inseparable from their makers Ex: Labour and Labourer
4. Perishable goods Ex: Fish, Fruits, Flower.	4. Perishable. Ex: A ticket for a cricket match once the match is over.
5. Durable Goods Ex: table, chair.	5.           –

Question 28.
Write the meaning of Economic Growth?
Answer:

1. Economic growth is usually measured by National Income, indicated by cross domestic product. [GDP].
2. The GDP is the total monetary value of the goods and services produced by that country over a specific period of time, usually one year.
3. On the basis of the level of economic development, nations are classified as developed and developing economies.

Question 29.
Name the basic approaches to consumer behaviour?
Answer:
There are two basic approaches, namely:

1. Utility approach

1. The utility approach involves the use of measurable (cardinal) utility to study consumer behaviour.
2. Marshall is the chief exponent of the utility approach to the theory of demand. It is known cardinal utility analysis or marginal utility analysis or marshallian utility analysis.

2. Indifference curve approach
The indifference curve approach was the idea of comparable utility [ordinal utility] J.R. Hicks and R.G.D. Allen introduced the indifference curve approach.

Question 30.
What do you mean by fixed cost?
Answer:

1. Fixed Cost does not change with the change in the quality of output.
2. Fixed Cost is also called as “Supplementary Cost “or Overhead Cost”.
3. All payments for the fixed factors of production are known as Total Fixed Cost.

PART – III

Answer any seven question in which Question No. 40 is compulsory. [7 × 3 = 21]

Question 31.
Write the formula of consumers surplus?
Answer:
Consumer’s Surplus = Total utility [Actual price × Units of commodity]
= TU – [P × Q]
20 – [2 × 5] = 20 – 10 =10
Total utility = 20
Actual price = 2
Quantity = 5

Question 32.
Mention any two type of price discrimination?
Answer:

1. Personal: Different prices are charged for different individuals. For example, the railways give tickets at concessional rate to the ‘Senior citizens’ for the same journey.
2. Geographical: Different prices are charged at different places for the same product. For example, a book sold within India at a price is sold in a foreign countiy at lower price.

Question 33.
Explain different types of economic activities?
Answer:
The seven types of economic activities are:

1. Micro Economics: Micro Economics is the study of the economic actions of individuals say households, firms or industries.
Micro economics covers:-

1. Value theory [product pricing and factor pricing]
2. Theory of economic welfare.

2. Macro – Economics:

1. Macro economics is the obverse of micro economics.
2. The general theory of employment, Interest and money published by Keynes is the basis of modem macro economics.

3. International Economics:

1. In the modem world, no country can grow in isolation.
2. Every country is having links with the other countries through foreign capital, investment [foreign direct investment] and international trade.

4. Public Economics:

1. Public finance is concerned with the income or revenue raising and expenditure incurring activities.
2. The scope of public finance covers public expenditure, public revenue, public debt and financial administration.

5. Developmental Economics:
The development economics, deals with features of developed nations, obstacles for development, .economic and non- economic factors influencing development, various growth models and strategies.

6. Health Economics:

1. Health economics is an area of applied economics.
2. It covers health indicators , preventive and curative measures medical research and education, rural health mission, drug price control, neo – natal care, maternity and child health, budgetary allocation for health.

7. Environmental Economics:

1. Depletion of natural resources stock and pollution result from rapid economic development.
2. Environmental economics is a study of inter disciplinary tools for the problems of ecology, economy and environment.

Question 34.
Write a note on Risk – bearing theory of profit?
Answer:

1. Risk bearing theory of profit was propounded by the American economist F.B. Hawley in 1907.
2. According to him, profit is the reward of risk taking in business.
3. Risk taking is an essential function of the entrepreneur and is the basis of profits.
4. It is a well know fact that every business involves some risks.
5. Since the entrepreneur undertakes the risks, he receives profit.
6. If the entrepreneur does not receive the reward, he will not be prepared to undertake the risks.
7. Every entrepreneur products goods in anticipation of demand.
8. It is the profit that induces the entrepreneurs to undertake such risks.

Question 35.
Distinguish between Fixed cost and Variable cost?
Answer:

Fixed Cost	Variable Cost
1. Fixed cost does not change with the change in the quantity of output.	1. Variable cost vary with the level of output.
2. Fixed cost is also called as “Supplementary Cost” or “over head cost”.	2. Variable cost is also called as “ Prime cost”, “Special cost” or Direct cost.
3. For example: Watchman’s wages, Permanent worker’s Salary, machines Insurance Premium deposite for power Licence fee, etc.	3. For example: Temporary workers, cost of raw materials, fuel cost, electricity charges, etc.

Question 36.
What are the characteristics of land?
Answer:

1. Land is a primary factor of production
2. Land is a passive factor of production
3. Land is the free gift of nature
4. Land has no cost of production
5. Land is fixed in supply. It is inelastic in supply
6. Land is permanent
7. Land is immovable
8. Land is heterogeneous as it differs in fertility
9. Land has alternative uses
10. Land is subject to Law of Diminishing Returns.

Question 37.
What are the factors governing elasticity of supply?
Answer:
1. Nature of the commodity:
Durable goods can be stored for a long time. So, the producers can wait until they get a high price. Once they get higher price, larger supply is possible. The elasticity of supply of durable goods is high. But perishables are to be sold immediately. So perishables have low elasticity of supply.

2. Cost of production:
When production is subject to either constant or increasing returns, additional production and therefore increased supply is possible. So elasticity of supply is greater. Under diminishing returns, increase in output leads to high cost. So elasticity of supply is less.

3. Technical condition:
In large scale production with huge capital investment, supply cannot be adjusted easily. So elasticity of supply is lesser. Where capital equipment is less and technology simple, the supply is more elastic.

4. Time factor:
During very short period when supply cannot be adjusted, elasticity of demand is very low. In short period, variable factors can be added and so supply can be adjusted to some extent. So elasticity of supply is more. In long period, even the fixed factors can be added and hence supply is highly elastic.

Question 38.
Mention the similarities between perfect competition and monopolistic competition?
Answer:

Perfect Competition	Monopolistic Competition
1. Large number of buyers and sellers	1. Large number of buyers and many sellers
2. Homogeneous product & uniform price	2. Close substitute commodity
3. Free Entry and exit	3. Free Entry and exit
4. Very small size of market for each firm	4. Small size of market
5. It has no monopoly power	5. Limited power
6. Uniform power (or) low price	6. Moderate power
7. Price policy price taker	7. Low control elasticity of demand
8. Price elasticity – infinite	8. Some control over price depending on consumers brand loyalty

Question 39.
Write any three objectives of Industrial Policy 1991?
Answer:

1. Economic development of a country particularly depends on the process of Industrialisation.
2. At the time of Independence, India inherited a weak and shallow Industrial base.
3. Therefore dining the post-Independence period, the Government of India took special emphasis on the development of a solid Industrial base.

Question 40.
Enumerate the remedial measures to rural poverty?
Answer:
Remedial measures:

1. Since rural unemployment and rural poverty are interrelated, creation of employment opportunities would support elimination of poverty.
2. Poverty alleviation schemes and programmes have been implemented, modified, consolidated, expanded and improved over time.
3. However, unemployment, begging, rag-picking and slumming continues.
4. Unless employment is given to all the people poverty cannot be eliminated.

PART – IV

Answer all the questions. [7 × 5 = 35]

Question 41 (a).
Explain the objectives of nationalization of commercial banks?
Answer:
The Government of India nationalized the commercial banks to achieve the following objectives:

1. The main objective of nationalization was to attain Social Welfare. Sectors such as agriculture, small and village industries were in need of funds for their expansion and further economic development.
2. Nationalisation of banks helped to curb private monopolies in order to ensure a smooth supply of credit to socially desirable sections.
3. In India, nearly 70% of population lived in rural areas. Therefore it was needed to encourage the banking habit among the rural population.
4. Nationalisation of banks was required to reduce the regional imbalances where the banking facilities were not available.
5. Before Independence, the numbers of banks were certainly inadequate. After nationalization, new bank branches were opened in both rural and urban areas.
6. Banks created credit facilities mainly to the agriculture sector and its allied activities after nationalization.
   After New Economic Policy 1991, the Indian banking Industry has been facing the new horizons of competitions, efficiency and productivity.

[OR]

(b) Describe the Salient features of EXIM policy [2015 – 2020]?
Answer:
The new EXIM policy has been formulated focusing on increasing in exports Scenario, boosting production and supporting the concepts like Make in India and Digital India.
Salient Features:

1. Reduce export obligations by 25% and give boost to domestic manufacturing supporting the “Make in India” concept.
2. As a step to Digital India concept, online procedure to upload digitally signed document by CA /CS / Cost Accountant are developed and further mobile app for filing tax, stamp duty has been developed.
3. Repeated submission of physical copies of documents available on Exporter Importer Profile is not required.
4. Export obligation period for export items related to defence, military store, aerospace and nuclear energy to be 24 months.
5. EXIM policy 2015 – 2020 is expected to double the share of India in World Trade from present level of 3% by the year 2020. This appears to be too ambitions.

Question 42 (a).
Describe the wastes of monopolistic competition?
Answer:
Wastes of Monopolistic Competition:
Generally there are five kinds of wastages under monopolistic competition.

(I) Idle capacity:

1. Un – utilized capacity is the difference between the optimum output that can be produced and the actual output produced by the firm.
2. In the long run, a monopolistic firm produces delibourately output which is less than the optimum output that is the output corresponding to the minimum average cost.
3. This leads to excess capacity which is actually as waste in monopolistic competition.

(II) Unemployment:

1. Under monopolistic competition, the firms produce less than optimum output.
2. As a result, the productive capacity is not used to the fullest extent.
3. This will lead to unemployment of human resources also.

(III) Advertisement:

1. There is a lot of waste in competitive advertisements under monopolistic competition.
2. The wasteful and competitive advertisements lead to high cost to consumers.

(IV) Too many varieties of Goods:

• The goods differ in size, shape, style and colour. A reasonable number of varieties would be sufficient.

(v) Inefficient firms:
Under monopolistic competition, inefficient firms charge prices higher than their marginal cost. Efficient firms cannot drive out the inefficient firms.

[OR]

(b) Illustrate the Ricardian Theory of Rent?
Answer:

1. The Classical theory of Rent is called “ Ricardian Theory of Rent.”
2. “ Rent is that portion of the produce of the earth which is paid to the landlord for the use of the original and indestructible powers of the soil” – David Ricardo

Ricardian theory of rent assumes the following:

1. Land differs in fertility.
2. The law of diminishing returns operates in agriculture.
3. Rent depends upon fertility and location of land.
4. Theory assumes perfect competition.
5. It is based on the assumption of long period.
6. There is existence of marginal land or no – rent land.
7. Land has certain “Original and indestructible powers”.
8. Land is used for cultivation only.
9. Most fertile lands are cultivated first.

Question 43 (a).
State the differences between money cost and real cost?
Answer:

Money cost	Real cost
1. Production cost expressed in money terms is called as money cost.	1. Real cost refers to the payment made to compensate the efforts and sacrifices of all factor owners for their services in production.
2. Money cost includes the expenditures such as cost of raw materials, payment of wages and salaries, payment of rent, Interest on capital, expenses on fuel and power, expenses on transportation and other types of production related costs.	2. Real cost includes the efforts and sacrifices of landlords in the use of. land, capitalists to save and invest, and workers, in foregoing leisure.
3. Money costs are considered as out of pocket expenses.	3. Real cost are considered pains and sacrifices of labour as real cost of production.

[OR]

(b) Explain the Keynesian Theory of Interest?
Answer:

1. Keynes Liquidity Preference Theory of Interest or The monetary Theory of Interest
2. Keynes propounded the Liquidity Preference Theory of Interest in his famous book,
   “ The General Theory of Employment, Interest and Money “ in 1936.
3. According to Keynes, interest is purely a monetary phenomenon because the rate of interest is calculated in terms of money.
4. “Interest is the reward for parting with liquidity for a specified period of time”.

Meaning of Liquidity Preference:

1. Liquidity preference means the preference of the people to hold wealth in the form of liquid cash rather than in other non – liquid assets like bonds, securities, bills of exchange, land, building, gold etc.
2. “ Liquidity Preference is the preference to have an amount of cash rather than of claims against others” – Meyer.

Motives of Demand for Money:
According to Keynes, there are three motives for liquidity preferences. They are:

1. The Transaction Motive:
The transaction motive relates to the desire of the people to hold cash for the current transactions [ or-day-to-day expenses ] M( = f(y)

2. The Precautionary Motive:

1. The precautionary motive relates to the desire of the people to hold cash to meet unexpected or unforeseen expenditures such as sickness, accidents, fire and theft.
2. The amount saved for this motive also depends on the level of Income Mp = f(y)..

3. The Speculative Motive:

1. The speculative motive relates to the desire of the people to hold cash in order to take
   advantage of market movements regarding the future changes in the price of bonds and securities in the capital market. M – f(i)
2. There is inverse relation between liquidity preference and rate of interest.

Question 44 (a).
Illustrate price and output determination under monopoly?
Answer:
Price & output Determination under Monopoly:
A monopoly is a one firm – industry. Therefore, a firm under monopoly faces a downward sloping demand curve (or AR curve). Since, under monopoly AR falls, as more units of output are sold, the MR lies below the AR curve (MR < AR). The monopolist will continue to sell his product as long as his MR > MC. He attains equilibrium at the level of output when its MC is equal to MR. Beyond this point, the producer will experience loss and hence will stop selling. Let us take the following hypothetical example of Total Revenue Function and Total cost function.

TR = 100Q – 4Q² and
TC = Q³ – 18Q² + 91Q + 12
Therefore AR = 100 – 4Q;
MR = 100 – XQ;
AC = Q² – 18Q + 91 + 12/Q;
MC = 3Q² – 36Q + 91;
When Q = 3,
AR = 100 – 4(3) = 88,
AC = 3² – 8(3) + 91 + 12/3
9 – 54 + 91 + 4 = 50;
MR = 100 – 8(3) = 76;
MC = 3(3)² – 36(3) + 91
= 27 – 108 + 91 = 10

From this diagram, till he sells 3 units output, MR is greater than MC, and when he exceeds this output level, MR is less than MC. The monopoly firm will be in equilibrium at the level of output where MR is equal to MC. The price is 88.

To checkup how much profit the monopolist is making at the equilibrium output, the average revenue curves and the average cost curves are used. At equilibrium level of output is 3; the average revenue is 88 and the average cost is 50. Therefore (88 – 50 = 38) is the profit per unit.
Total profit = (Average Revenue – Average Cost) Total output = (88 – 50) × 3
= 38 × 3 = 114

[OR]

(b) Write a note on Risk – bearing theory of profit?
Answer:

1. Risk bearing theory of profit was propounded by the American economist F.B. Hawley in 1907.
2. According to him, profit is the reward of risk taking in business.
3. Risk taking is an essential function of the entrepreneur and is the basis of profits.
4. It is a well know fact that every business involves some risks.
5. Since the entrepreneur undertakes the risks, he receives profit.
6. If the entrepreneur does not receive the reward, he will not be prepared to undertake the risks.
7. Every entrepreneur products goods in anticipation of demand.
8. It is the profit that induces the entrepreneurs to undertake such risks.

Question 45 (a).
What are the ideas of information and communication technology used in economics? Introduction: Information and communication Technology [ICT] is the infrastructure that enables computing faster and accurate?
Answer:
The following table gives an idea of range of technologies that fall under the category of ICT

Information	Technologies
1. Creation	Personal computers, Digital Camera, Scanner, Smart Phone
2. Processing	Calculator, PC – Personal Computer, Smart Phone
3. Storage	CD, DVD, Pen Drive, Microchip, Cloud
4. Display	PC – Personal computer, TV – Television, Projector, Smart Phone
5. Transmission	Internet, Teleconference, Video, Conferencing, Mobile, Technology, Radio
6. Exchange	E – mail, Cell Phone

The evaluation of ICT has five phases:
They are evaluation in:

1. Computer
2. PC – Personal Computer
3. Micro Processor
4. Internet
5. Wireless links

In Economics, the uses of mathematical and statistical tools need the support of ICT for:

1. Data Compiling
2. Editing
3. Manipulating
4. Presenting the results

[OR]

(b) Raja purchased 6 pens and 5 pencils spending ?49, Rani purchased 3 pens and 4 pencils spending ₹42. What is the price of a pen and pencil?
Answer:
\(\begin{bmatrix} 6 & 5 \\ 3 & 4 \end{bmatrix}\) \([\begin{matrix} x_{ 1 } \\ x_{ 2 } \end{matrix}]\) = \([\begin{matrix} 49 \\ 32 \end{matrix}]\) = \(\begin{vmatrix} 6 & 5 \\ 3 & 4 \end{vmatrix}\)
= 24 – 15 = 9
x = \(\begin{vmatrix} 49 & 5 \\ 32 & 4 \end{vmatrix}\) = 196 – 160 = 36
y = \(\begin{vmatrix} 6 & 49 \\ 3 & 32 \end{vmatrix}\) = 192 – 47 = 45
x = \(\frac{36}{9}\) = 4
y = \(\frac{45}{9}\) = 5
The cost of pen = ₹4
The cost of pencil = ₹5

Question 46 (a).
Explain the weakness of Indian Economy?
Answer:
(I) Large Population:

1. India stands second in terms of size of population next to China and our country is likely to overtake China in near future.
2. Population growth rate of India is very high and this is always a hurdle to growth rate.

(II) Inequality and poverty:

1. There exists a huge economic disparity in the Indian economy.
2. The proportion of income and assets owned by top 10% of Indians goes on increasing.
3. Increase in the poverty level in the society and still Below Poverty Line [BPL] a higher percentage of individuals are living.
4. As a result of unequal distribution of the rich becomes richer and poor becomes poorer.

(III) Increasing Prices of Essential Goods:

1. Even though there has been a constant growth in the GDP and growth opportunities in the Indian economy, there have been steady increase in the prices of essential goods.
2. The continuous rise in prices erodes the purchasing power and adversely affects the poor people, whose income is not protected.

(IV) Weak Infrastructure:

1. A gradual improvement in the infrastructural development.
2. There is still a scarcity of the basic infrastructure like power, transport, storage etc.

(V) Inadequate Employment generation:

1. Growing youth population, there is a huge need of the employment opportunities.
2. The growth in production is not accompanied by creation of job.
3. The Indian economy is characterized by “ Jobless growth”.

(VI) Outdated technology:
The level of technology in agriculture and small scale Industries is still outdated and obsolete.

[OR]

(b) Discuss the problems of Rural Economy?
Answer:
Rural areas are facing number of problems relating to,

1. People
2. Agriculture
3. Infrastructure
4. Economy
5. Society and Culture
6. Leadership and
7. Administration.

(I) People Related Problems:
The problems related to individuals and their standard of living consist of illiteracy, lack of technical know how, low level of confidence, dependence on sentiments and beliefs etc.

(II) Agriculture Related Problems:
The problems related to agriculture include as follows,

1. Lack of expected awareness, knowledge, skill and attitude.
2. Unavailability of inputs.
3. Poor marketing facility.

(III) Infrastructural Related problems:
Poor infrastructure facilities like, water, electricity, transport, educational institutions, communication, health, employment, storage facility, banking and insurance are found in rural areas.

(IV) Economics related problems:
The economic problems related to rural areas are,

1. Inability to adopt high cost technology.
2. High cost of inputs.
3. Under privileged rural industries.
4. Low income
5. Indebtedness
6. Existence of inequality in land holdings and assets.

(V) Leadership Related Problems:
The Specific leadership related problems found in rural areas are,

1. Leadership among the hands of inactive and incompetent people
2. Self – interest of leaders
3. Biased political will
4. Less bargaining power
5. Negation skills and dominance of political leaders

(VI) Administrative Problems:
The rural administrative problems are,

1. Political interference
2. Lack of motivation and interest
3. Low wages in villages
4. Improper utilization of budget
5. Absence of monitoring
6. Implementation of rural development programme.

Question 47 (a).
Explain the role of SSIs in Economic development?
Answer:
1. Provide Employment

1. SSIs use labour intensive techniques. Hence, they provide employment opportunities to a large number of people. Thus, they reduce the unemployment problem to a great extent.
2. SSIs provide employment to artisans, technically qualified persons and professionals, people engaged in traditional arts, people in villages and unorganized sectors.
3. The employment-capital ratio is high for the SSIs.

2. Bring Balanced Regional Development

1. SSIs promote decentralized development of industries as most of the SSIs are set up in backward and rural areas.
2. They remove regional disparities by industrializing rural and backward areas and bring balanced regional development.
3. They help to reduce the problems of congestion, slums, sanitation and pollution in cities. They are mostly found in outside city limits.
4. They help in improving the standard of living of people residing in suburban and rural areas in India.
5. The entrepreneurial talent is tapped in different regions and the income is also distributed instead of being concentrated in the hands of a few individuals or business families.

[OR]

(b) Explain the objectives and characteristics of SEZs?
Answer:

1. The Special Economic Zones [SEZs] Policy was announced in April 2000.
2. The Special Economic Zones Act of 2005, the government has so far notified about 400 such zones in the country.

Major objectives of SEZs:

1. To enhance foreign investment, especially to attract foreign direct investment [FDI] and thereby increasing GDP.
2. To increase shares in Global Export. (International Business)
3. To generate additional economic activity.
4. To create employment opportunities.
5. To develop infrastructure facilities.
6. To exchange technology in the global market.

Main Characteristics of SEZ:

1. Geographically demarked area with physical security.
2. Administrated by single body authority.
3. Streamlined procedures.
4. Having separate custom area.
5. Governed by more liberal economic laws.
6. Greater freedom to the firms located in SEZs.

Students can Download Tamil Nadu 11th Economics Model Question Paper 2 English Medium Pdf, Tamil Nadu 11th Economics Model Question Papers helps you to revise the complete Tamilnadu State Board New Syllabus, helps students complete homework assignments and to score high marks in board exams.

TN State Board 11th Economics Model Question Paper 2 English Medium

General Instructions:

1. The question paper comprises of four parts.
2. You are to attempt all the parts. An internal choice of questions is provided wherever applicable.
3. All questions of Part I, II, III and IV are to be attempted separately.
4. Question numbers 1 to 20 in Part I are Multiple Choice Questions of one mark each.
   These are to be answered by choosing the most suitable answer from the given four alternatives and writing the option code and the corresponding answer
5. Question numbers 21 to 30 in Part II are two-mark questions. These are to be answered in about one or two sentences.
6. Question numbers 31 to 40 in Part III are three-mark questions. These are to be answered in above three to five short sentences.
7. Question numbers 41 to 47 in Part IV are five-mark questions. These are to be answered in detail Draw diagrams wherever necessary.

Time: 3:00 Hours
Maximum Marks: 90

PART – I

Choose the correct answer. Answer all the questions: [20 × 1 = 20]

Question 1.
In the first five year plan, the top priority was given to ………………. sector?
(a) Service
(b) Industrial
(c) Agriculture
(d) Bank
Answer:
(b) Industrial

Question 2.
Which union Territory has the highest sex ratio?
(a) Chandigarh
(b) Pondicherry
(c) Lakshadweep
(d) Andaman & Nicobar
Answer:
(b) Pondicherry

Question 3.
Data processing is done by ………………..
(a) PC alone
(b) Calculator alone
(c) Both PC and Calculator
(d) Pen drive
Answer:
(c) Both PC and Calculator

Question 4.
In India’s total cement production, Tamil Nadu ranks …………………
(a) Third
(b) Fourth
(c) First
(d) Second
Answer:
(a) Third

Question 5.
Wage is an example for …………. cost of the production.
(a) Fixed
(b) Variable
(c) Marginal
(d) Opportunity
Answer:
(b) Variable

Question 6.
Innovation Theory of profit was given by ………………
(a) Hawley
(b) Schumpeter
(c) Keynes
(d) Knight
Answer:
(b) Schumpeter

Question 7.
Which of the following is wrongly matched?
(a) Gateway of Tamil Nadu – Thoothukudi
(b) Home textile city – Erode
(c) Steel city – Salem
(d) Pump city – Coimbatore
Answer:
(b) Home textile city – Erode

Question 8.
VKRV Rao was a student of ……………
(a) JM Keynes
(b) Colin Clark
(c) Adam Smith
(d) Alfred Marshal
Answer:
(a) JM Keynes

Question 9.
Group equilibrium is analysed in ………………….
(a) Monopolistic competition
(b) Monopoly
(c) Duopoly
(d) Pure competition
Answer:
(a) Monopolistic competition

Question 10.
………………… have exchange value and their ownership rights can be established and exchanged.
(a) Goods
(b) Services
(c) Markets
(d) Revenue
Answer:
(a) Goods

Question 11.
Which feature is identified with mral areas?
(a) Low population density
(b) High population density
(c) Low natural resources
(d) Low human resources
Answer:
(a) Low population density

Question 12.
The number of births per thousand population is called as ………….
(a) Crude death rate
(b) Mortality rate
(c) Morbidity rate
(d) Crude Birth Rate
Answer:
(d) Crude Birth Rate

Question 13.
“Wages as a sum of money are paid under contract by an employer to a worker for services rendered.” Who said this?
(a) Benham
(b) Marshall
(c) Walker
(d) J. S. Mill
Answer:
(a) Benham

Question 14.
Identify the formula of estimating average variable cost ……………
(a) TC/Q
(b) TVC/Q
(c) TFC/Q
(d) TAC/Q
Answer:
(b) TVC/Q

Question 15.
Data processing is done by …………..
(a) Pc alone
(b) Calculator alone
(c) Both pc and calculator
(d) Penen drive
Answer:
(c) Both pc and calculator

Question 16.
HDI was constructed based on …………..
(a) Life expectancy index
(b) Education index
(c) GDP per capita
(d) All the above
Answer:
(d) All the above

Question 17.
The command Ctrl + M is applied for ……………….
(a) Saving
(b) Copying
(c) Getting new slide
(d) Deleting a slide
Answer:
(c) Getting new slide

Question 18.
Ryotwari System was initially introduced in ……………….
(a) Kerala
(b) Bengal
(c) Tamil Nadu
(d) Maharashtra
Answer:
(c) Tamil Nadu

Question 19.
Loanable funds theory of interest is called ………….
(a) Classical theory
(b) Modern theory
(c) Traditional theory
(d) Neo – classical theory
Answer:
(d) Neo – classical theory

Question 20.
The main theme of the Twelth Five year plan ………………..
(a) Faster and more inclusive, growth
(b) Growth with social justice
(c) Socialistic pattern of society
(d) Faster, more inclusive and sustainable growth
Answer:
(d) Faster, more inclusive and sustainable growth

PART – II

Answer any seven question in which Question No. 30 is compulsory. [7 × 2 = 14]

Question 21.
Define disinvestment?
Answer:
Disinvestment means selling of government securities of Public Sector Undertakings [PSUs] to other PSUs or Private Sectors or banks. This process has not been fully implemented.

Question 22.
Give the definition for “Real cost”?
Answer:
Real Cost refers to the payment made to compensate the efforts and sacrifices of all factor owners for their services in production. Real Cost includes the efforts and sacrifices of landlords in the use of land, capitalists to save and invest, and workers in foregoing leisure. Real cost are considered pains and sacrifices of labour as real cost of production.

Question 23.
Define Labour?
Answer:

1. Labour is the active factor of production.
2. In common parlance, labour means manual labour or unskilled work. But in Economics the term ‘labour’ has a wider meaning.
3. It refers to any work undertaken for securing an income or reward. Such work may be manual or intellectual. For example, the work done by an agricultural worker or a cook dr rickshaw puller or a mason is manual.
4. The work of a doctor or teacher or an engineer is intellectual.
5. In short, labour in economics refers to any type of work performed by a labourer for earning an income.

Question 24.
What is the difference between HDI and PQLI?
Answer:

HDI	PQLI
1. The Inclusion of Income.	1. The exclusion of Income.
2. Both Physical and financial attributes of development	2. Only the physical aspects of life.

Question 25.
Classify the factors of production?
Answer:

1. Land
2. Labour
3. Capital and
4. Organisation

1. Land:
In Economics, land means all gifts of Nature owned and controlled by human beings which yield an income.

2. Labour:
Labour means manual labour or unskilled work.

3. Capital:
“Capital consists of all kinds of wealth other than free gifts of nature, which yield income”. Bohm – Bawerk defines it as ‘a produced means of production’.

4. Organisation:
The man behind organizing the business is called as ‘Organizer’ or ‘Entrepreneur’.

Question 26.
State the meaning of Indifference curves?
Answer:

1. The Consumer is rational and his aim is to derive maximum satisfaction.
2. Utility cannot be cardinally measured, but can be ranked or compared or ordered by ordinal number. Such as I, II, III and so on.
3. Indifference curve approach is based on the concept “Diminishing Marginal Rate of Substitution”.
4. The consumer is consistent this assumption is called as the assumption of transitivity.

Question 27.
Define micro economics?
Answer:

1. Micro economics is the study of the economic actions of individual units say households, firms or industries.
2. It studies how business firms operate under different market conditions.
3. The combined actions of buyers and sellers determine prices.
4. Micro economics covers:
   • Value theory [product pricing and factor pricing]
   • Theory of economic welfare.

Question 28.
Define Rent?
Answer:
Rent is the price or reward given for the use of land or house or a machine to the owner. But, in Economics, “Rent” or “Economic Rent” refers to that part of payment made by a tenant to his land lords for the use of land only.

Question 29.
What are the characteristics of land?
Answer:

1. Land is a primary factor of production
2. Land is a passive factor of production
3. Land is the free gift of nature
4. Land has no cost of production
5. Land is fixed in supply. It is inelastic in supply
6. Land is permanent
7. Land is immovable
8. Land is heterogeneous as it differs in fertility
9. Land has alternative uses
10. Land is subject to Law of Diminishing Returns.

Question 30.
Give the meaning of deductive method?
Answer:

1. Deductive method is also named as analytical or abstract method.
2. It consists in deriving conclusions from general truths.
3. It takes few general principles and applies them to draw conclusions.
4. The classical and neo – classical school of economists notably, Ricardo, JS Mill, Malthus Marshall, Pigou applied the deductive method in their economic investigations

PART – III

Answer any seven question in which Question No. 40 is compulsory. [7 × 3 = 21]

Question 31.
What are the features of a market?
Answer:
A market has the following characteristic features:

1. Buyers and sellers of a commodity or a service.
2. A commodity to be bought and sold.
3. Price agreeable to buyer and seller.
4. Direct or indirect exchange.

Question 32.
Write a note on Mineral resources in Tamil Nadu?
Answer:
Mineral Resources in Tamil Nadu:

1. Tamil Nadu has a few mining projects based on Titanium, Lignite, Magnesite, Graphite, Limestone, Granite and Bauxite.
2. The first one is the Neyveli Lignite Corporation that has led development of large industrial complex around Neyveli in Cuddalore district with Thermal Power Plants, Fertilizer and Carbonisation plants.
3. Magnesite mining is at Salem from which mining of Bauxite ores are carried out at Yercaud, and this region is also rich in iron ore at Kanjamalai.
4. Molybdenum is found in Dharmapuri, and is the only source in the country.

Question 33.
State the features of duopoly?
Answer:

1. Each seller is fully aware of his rival’s motive and actions.
2. Both sellers may collude, (they agree on all matters regarding the sale of the commodity).
3. They may enter into cut – throat competition.
4. There is no perfect differentiation.
5. They fix the price for their product with a view to maximising their profit.

Question 34.
Mention the relationship between marginal utility and total utility?
Answer:

Marginal utility	Total utility
1. Marginal utility goes on diminishing.	1. Total utility goes on Increasing.
2. Marginal utility becomes zero’	2. Total utility maximum.
3. Marginal utility becomes negative.	3. Total utility diminishes.

Question 35.
Explain different types of economic activities?
Answer:
The seven types of economic activities are:

1. Micro Economics:
Micro Economics is the study of the economic actions of individuals . say households, firms or industries.

Micro economics covers:

1. Value theory [product pricing and factor pricing]
2. Theory of economic welfare.

2. Macro – Economics:

1. Macro economics is the obverse of micro economics.
2. The general theory of employment, Interest and money published by Keynes is the basis of modem macro economics.

3. International Economics:

1. In the modem world, no country can grow in isolation.
2. Every country is having links with the other countries through foreign capital, investment [foreign direct investment] and international trade.

4. Public Economics:

1. Public finance is concerned with the income or revenue raising and expenditure incurring activities.
2. The scope of public finance covers public expenditure, public revenue, public debt and financial administration.

5. Developmental Economics:
The development economics deals with features of developed nations, obstacles for development, economic and non- economic factors influencing development, various growth models and strategies.

6. Health Economics:

1. Health economics is an area of applied economics.
2. It covers health indicators , preventive and curative measures, medical research and education, rural health mission, drug price control, neo -natal care, maternity and child health, budgetary allocation for health.

7. Environmental Economics:

1. Depletion of natural resources stock and pollution result from rapid economic development.
2. Environmental economics is a study of inter disciplinary tools for the problems of ecology, economy and environment.

Question 36.
Discuss the long run cost curves with suitable diagram?
Answer:
1. In the long run all factors of production become variable. The existing size of the firm can be increased in the case of long run. There are neither fixed inputs nor fixed costs in the long run.

2. LAC is given in diagram.

3. Long run average cost (LAC) is equal to long run total costs divided by the level of output.
LAC = LTC/Q

4. where, LAC denotes Long – Run Average Cost, LTC denotes Long – run Total Cost and Q denotes the quantity of output. The LAC curve is derived from short – run average cost curves. It is the locus of points denoting the least cost curve of producing the corresponding output. The LAC curve is called as ‘Plant Curve’ or ‘Boat shape Curve’ or ‘Planning Curve’ or ‘Envelop Curve’.

Question 37.
Elucidate different features of services?
Answer:
Along with goods, services, are produced and consumed. They are generally, possess the following:

(I) Intangible:

1. Intangible things are not physical obj ects but exist in connection to other things for example, brand image, good will etc.
2. The intangible things are converted and stored into tangible items such as recording a music piece into a pen – drive.

(II) Heterogeneous:

1. Services vary across regions or cultural backgrounds.
2. A single type service yields multiple experiences, e.g., music, consulting physicians etc.

(III) Inseparable from their makers:
Services are inextricably connected to their makes. For example, labour and labourers are inseparable.

(IV) Perishable:

1. Services cannot be stored as inventories like assets.
2. For example it is useless to possess a ticket for a cricket match once the match is over.
3. It cannot be stored and it has no value in exchange.

Question 38.
State the Dynamic Theory of Profit?
Answer:
Dynamic Theory of Profit:

1. This theory was propounded by the American economist J.B.Clark in 1900.
2. Profit is the reward for dynamic changes in society.
3. Static society is one where everything is stationary or stagnant and there is no change at all.
4. There is no role for an entrepreneur in a static society.
5. According to Clark, the following five main changes are taking place in a dynamic society.
   • Population is increasing
   •  Volume of Capital is increasing
   • Methods of production are improving
   • Forms of industrial organization are changing
   • The wants of consumer are multiplying

Question 39.
State the reasons for nationalization of commercial banks?
Answer:

1. After Independence, the Government of India adopted planned economic development.
2. Five year plans came into existence since 1951.
3. The main objective of the economic planning aimed at social welfare.
4. Before Independence commercial banks were in the private sector.
5. These commercial banks failed in helping the Government to achieve social objectives of planning.
6. Therefore, the government decided to nationalize 14 major commercial banks on 19 July 1969.
7. In 1980, again the government took over another 6 commercial banks.

Question 40.
Write a short note on Welfare Economics given by Amartya Sen?
Answer:

1. Amartya Kumar Sen. has included the concept of entitlement items like nutrition, food, medical and health care, employment, security of food supply in times of famine etc.
2. He considered famine as arising out of the failure of establishing a system of entitlements.

PART – IV

Answer all the questions. [7 × 5 = 35]

Question 41 (a).
Briefly explain the subsistence theory of wages?
Answer:
The subsistence theory of wages:

1. Subsistence theory of wages is one of the oldest theories of wages.
2. According to this theory, wage must be equal to the subsistence level of the labourer and his family.
3. Subsistence means the minimum amount of food, clothing and shelter which workers and their family require for existence.
4. If workers are paid higher wages than the subsistence level, the workers would be better off and they will have large families.
5. Hence, the population would increase.
6. When the population increases, the supply of labourer would increase and therefore, wages will come down.
7. If wages are lower than the subsistence level, there would be a reduction in population and thereby the supply of labour falls and wages increase to the subsistence level.

[OR]

(b) Elucidate the loanable funds theory of Interest?
Answer:

1. The Loanable Funds Theory, also known as the “Neo – Classical Theory,” was developed by Swedish economists like Wicksell, Bertil, Ohlin,.Viner, Gunnar Myrdal and others.
2. According to this theory, interest is the price paid for the use of loanable funds.
3. The rate of interest is determined by the equilibrium between demand for and supply of loanable funds in the credit market.

Demand for loanable funds:
The demand for loanable funds depends upon the following:

(I) Demand for Investment [I]

1. The most important factor responsible for the loanable funds is the demand for investment.
2. Bulk of the demand for loanable funds comes from business firms which borrow money for purchasing capital goods.

(II) Demand for consumption [C]
The demand for loanable funds comes from individuals who borrow money for consumption purposes also.

(III) Demand for Hoarding [H]

1. The next demand for loanable funds comes from hoarders. Demand for hoarding money arises because of people’s preference for liquidity, idle cash balances and so on.
2. The demand for C, I and H varies inversely with interest rate.

Supply of Loanable funds:
The supply of loanable funds depends upon the following four sources:

1. Savings [S]:
Loanable funds comes from savings. According to this theory, savings may be of two types, namely,

1. Savings planned by individuals are called “ex – ante – savings
2. The unplanned savings are called ‘ex-post savings”.

2. Bank Credit [BC]:
The bank credit is another source of loanable funds. Commercial banks create credit and supply loanable funds to the investors.

3. Dishoarding [DH]:
Dishoarding means bringing out the hoarded money into use and thus it constitutes a source of supply of loanable funds.

4. Disinvestment [DI]:
Disinvestment is the opposite of investment. Disinvestment means not providing sufficient funds for depreciation of equipment.

It gives rise to the supply of loanable funds. All the four sources of supply of loanable funds vary directly with the interest rate.

Question 42 (a).
Illustrate the uncertainty Bearing Theory of profit?
Answer:
Uncertainty theory was propounded by the American economist Frank H.Knight. Profit is the reward for “ uncertainty bearing”. He distinguishes between “ Insurable” and “non – insurable” risks.

Insurable Risks:

1. Certain risks are measurable or calculable.
2. Some of the examples of these risks are the risk of fire, theft and natural disasters.
3. Such risks are compensated by the Insurance companies.

Non – Insurable Risks:

1. There are some risks which are immeasurable or incalculable.
2. The examples of these risks are competition, market condition, technology change and public policy.
3. No Insurance Company can undertake these risks.
4. The term “risks” covers the first type of events (measurable – insurable)
5. The term “uncertainty” covers the second type of events (unforeseeable or incalculable or not measurable or non-insurable).
6. According to Knight, profit does not arise.
7. On account of risk-taking, because the entrepreneur can guard himself against a risk by taking a suitable insurance policy.
8. Uncertain events cannot be guarded against in that way.
9. An entrepreneur takes himself the burden of facing an uncertain event, he secures remuneration.
10. That remuneration is “profit”.

[OR]

(b) Write a brief note on the Gandhian economic ideas?
Answer:
Gandhian Economics is based on ethical foundations. Gandhi wrote “ Economics that hurts the moral well-being of an individual or a nation is immoral, and therefore , Sinful”. Gandhi repeated the same belief “ that economy is untrue which ignores or disregards moral values”.

Salient features of Gandhian Economic Thought:

(I) Village Republics:

1. India lives in villages.
2. He was interested in developing the villages as self – sufficient units.
3. He opposed extensive use of machinery, urbanization and industrialization.

(II) On Machinery:

1. Gandhi described machinery as ‘Great sin’. He said that “Books could be written to demonstrate its evils”.
2. It is necessary to realize that machinery is bad.
3. Instead of welcoming machinery as a boon, we should look upon it as an evil.
4. It would ultimately cease.

(III) Industrialism:

1. Gandhi considered industrialism as a curse on mankind.
2. He thought industrialism depended entirely on a country’s capacity to exploit.

(IV) Decentralization:
Gandhi advocated a decentralized economy i.e., production at a large number of places on a small scale or production in the people’s homes.

(V) Village Sarvodaya:

1. According to Gandhi, “Real India was to be found in villages and not in towns or cities”.
2. He suggested, self – dependent villages.

(VI) Bread Labour:

1. Gandhi realized the dignity of human labour.
2. He believed that God created man to eat his bread by the sweat of his brow.
3. Bread labour or body labour was the expression that Gandhi used to mean manual labour.

(VII) The Doctrine of Trusteeship:
Trusteeship provides a means of transforming the present capitalist order of society into an egalitarian one.

(VIII) On the Food Problem:

1. Gandhi was against any sort of food controls.
2. Once India was begging for food grain, but now India tops the world with very large production of food grains, fruits, vegetables, milk, egg, meat etc.

(IX) On Population:

1. Gandhi opposed the method of population control through contraceptives.
2. He was, however, in favour of birth control through Brahmacharya or self – control.
3. He considered self – control as a sovereign remedy to the problem of over population,

(X) On Prohibition:

1. Gandhi regarded the use of liquor as a disease rather than a vice.
2. He felt that it was better for India to be poor than to have thousands of drunkards.
3. Many states depend on revenue from liquor sales.

Question 43 (a).
Explain the various sources of energy in Tamil Nadu?
Answer:
Tamil Nadu tops in power generation among the Southern States as seen in the table.

Tamil Nadu 26,865 MW in 1^st Rank in the energy level. Tamil Nadu is in the forefront of all other Indian States in installed capacity. Muppandal wind farm is a renewable energy source, supplying the villagers with electricity for work.

Wind farms were built in Nagercoil and Tuticorin apart from already existing ones around Coimbatore, Pollachi, Dharapuram and Udumalaipettai. These areas generate about half of India’s 2,000 megawatts of wind energy or two percent of the total power output of India.

Nuclear Energy:
The Kalpakkam Nuclear Power Plant and the Koodankulam Nuclear Power Plant are the major nuclear energy plants for the energy grid.

Thermal power:

1. In Tamil Nadu the share of thermal power in total energy sources is very high and the thermal power plants are at Athippattu (North Chennai) Ennore, Mettur, Neyveli and Thoothukudi.
2. The generation of power under various sources is given below.

Hydel Energy:

1. There are about 20 hydro – electric units in Tamil Nadu.
2. The prominent units are Hundah, Mettur, Periyar, Maravakaiidy, Parson Valley etc.

Solar Energy:

1. Tamil Nadu tops in solar power generation in India as’seen in following table
2. Southern Tamil Nadu is considered as one of the most suitable regions in the country for developing solar power projects.

Wind Energy:

1. Tamil Nadu has the highest installed wind energy capacity in India.
2. The State has very high quality of offshore wind energy potential off the Tirunelveli coast and southern Thoothukudi and Rameswaram coast.

[OR]

(b) A firm has the revenue function. R = 600 q – 0.03 q² and the cost function is C = 150 q + 60,000, where q is the number of units produced, find AR, AC, MR and MC?
Answer:
(I) Average Revenue = \(\frac{R}{q}\)
\(\frac { 600q-0.03{ q }^{ 2 } }{ q } \) = \(\frac{600q}{q}\) – \(\frac { 0.03{ q }^{ 2 } }{ q } \)
AR = 600 – 0.03q

(II) Average cost = \(\frac{C}{q}\)
= \(\frac{150q+60000}{q}\)
= \(\frac{150q}{q}\) + \(\frac{60000}{q}\)
AC = 150 + \(\frac{60000}{q}\)

(III) Marginal Revenue = \(\frac{dR}{dq}\)
R = 600q – 0.03q²
\(\frac{dR}{dq}\) = 600 – (0.03)(2q)
MR = 600 – 0.06q

(IV) Marginal Cost = \(\frac{dC}{dq}\)
C = 150q + 60000
MC = 150

Question 44 (a).
Explain the causes for Rural Backwardness?
Answer:

1. The evils of brain – drain and rural – urban migration can be reduced if rural areas are developed.
2. In order to better utilise the unused and under – utilised resources there is a need to develop the rural economy.
3. Rural Development should minimise the gap between rural and. urban areas in terms of the provision of infrastructural facilities. It was called as PURA by former President Abdul Kalam.
4. In order to improve the nation’s status in the global arena in terms of the economic indicators like,
   • Human Development Index [HDI]
   • Woman Empowerment Index [WEI]
   • Gender Disparity Index [GDI]
   • Physical Quality of Life Index [PQLI] and
   • Gross National Happiness Index [GNHI] should be given due attention.

[OR]

(b) The features of Rural Economy are peculiar. Argue?
Answer:
Features of Rural Economy:

(I) Village is an Institution:
The village is a Primary Institution and it satisfies almost all the needs of the rural community. The rural people have a feeling of belongingness and a sense of unity towards each other.

(II) Dependence on Agriculture:
The rural economy depends much on nature and agricultural activities. Agriculture and allied activities are the main occupation in rural areas.

(III) Life of Rural people:
Lifestyles in villages are very simple. Public services like education, housing, health and sanitation, transport and communication, banking, roads and markets are limited and unavailable. The standards of living of majority of rural people are poor and pitiable. In terms of methods of production, social organization and political mobilization, rural sector is extremely backward and weak.

(IV) Population Density:
Population density, measured by number of persons living per sq.km is very low and houses are scattered in the entire villages.

(V) Employment:
There exists unemployment, seasonal unemployment and under employment in rural areas.

(VI) Poverty:
Poverty is a condition where the basic needs of the people like food, clothing and shelter are not being met.

(VII) Indebtedness:
People in rural areas are highly indebted owing to poverty and underemployment, lack of farm and non – farm employment opportunities, low wage employment, seasonality in production, poor marketing network etc.

(VIII) Rural Income:
The Income of the rural people is constrained as the rural economy is not sufficiently vibrant to provide them.

(IX) Dependency:
Rural households are largely dependent on social grants and remittances from family members working in urban areas and cities.

(X) Dualism:
Dualism means the co – existence of two extremely different features like developed and under developed. These characteristics are very common in rural areas.

(XI) Inequality:
The distributions of income, wealth and assets are highly skewed among rural people. Land, livestock and other assets are owned by a few people.

(XII) Migration:
Rural people are forced to migrate from villages to urban areas in order to seek gainful employment for their livelihood.

Question 45 (a).
Compare productivity of any two food crops between Tamil Nadu and India?
Answer:
Productivity position of Tamil Nadu and India

1. The Government of Tamil Nadu lays emphasis on agricultural production and productivity.
2. Tamil Nadu tops in productivity, in food crops as well as non-food crops among the states in India.

Productivity position of Tamil Nadu in India

1. Tamil Nadu ranks first in maize, cumbu, groundnut, oil seeds and cotton.
2. Tamil Nadu ranks second in rice and coconut.
3. Tamil Nadu ranks third in sugarcane, sunflower and Jowar.

[OR]

(b) Describe the “MSMES”?
Answer:

• The Micro, Small and Medium Enterprises are defined under the MSMED Act 2006.
• The enterprises are classified as Manufacturing and Service enterprises based on the investment in plant and machinery and equipment (excluding land and building).
• Tamil Nadu accounts of 15.07% Micro, Small and Medium Enterprises (MSMEs) in the country (the highest among all States) with 6.89 lakhs registered MSMEs.
• Producing over 8000 varieties of product for a total investment of more than ₹32,008 crore.
• MSMEs produce a wide variety of products in almost all sectors.
• The prominent among them are the engineering, electrical, chemicals, plastics, steel paper, matches, textiles, hosiery and garments sector.
• Around 15.61 lakh entrepreneurs have registered, providing employment opportunities to about 99.7 lakhs persons with total investment of Rs. 1,68,331 crore.

Question 46 (a).
Write a short note on Marginal Revenue?
Answer:

1. Marginal Revenue [MR] is the addition to the total revenue by the sale of an additional unit of a commodity.
2. MR can be found out by dividing change in total revenue by the change in quantity sold out.
3. MR = ∆TR/AQ where MR denotes Marginal Revenue, ∆TR denotes change in Total Revenue and ∆Q denotes change in total quantity.
4. The other method of estimating MR is:

MR = TR_n – TR_n – 1 (or) TR_n+1 – TR_n
Where, MR denotes Marginal Revenue,
TR denotes total revenue of n^th item,
TR_n-1 denotes Total Revenue of n – 1^th item and
TR_n+1 denotes Total Revenue of n + 1^th item.
If TR = PQ , MR = dTR/dQ = P, which is equal to AR.

[OR]

(b) Describe the degrees of price discrimination?
Answer:
Degrees of Price Discrimination:
Price discrimination has become widespread in almost all monopoly markets. According to A.C.Pigou, there are three degrees of price discrimination.

(I) First degree price discrimination:
A monopolist charges the maximum price that a buyer is willing to pay. This is called as perfect price discrimination. This price wipes out the entire consumer’s surplus. This is maximum exploitation of consumers. Joan Robinson named it as “Perfect Discriminating Monopoly”.

(II) Second degree price discrimination:
Under this degree, buyers are charged prices in such a way that a part of their consumer’s surplus is taken away by the sellers. This is called as imperfect price discrimination. Joan Robinson named it as “Imperfect Discriminating Monopoly”.

Under this degree, buyers are divided into different groups and a different price is charged for each group. For example, in cinema theatres, prices are charged for same film show from viewers of different classes. In a theatre the difference between the first row of first class and the last row in the second class is smaller as compared to the differences in charges..

(III) Third degree price discrimination:
The monopolist splits the entire market into a few sub – market and charges different price in each sub – market. The groups are divided on the basis of age, sex and location. For example, railways charge lower fares from senior citizens. Students get discounts in museums, and exhibitions.

Question 47 (a).
Elaborate the nature and scope of Economics?
Answer:
Economics nature:

1. The nature of a subject refers to its contents and how and why they find a place in the subject.
2. This nature is understood by studying the various definitions given by the notable economists.
3. The existence of multiplicity of the definitions makes some scholars comment that a search for a clear definition of economics is an exercise in futility.
4. “Political economy is said to have strangled itself with definitions.”
5. Their presence makes studying a subject interesting, exciting, enjoyable or worthwhile.
6. In fact their presence in a social science subject is a clear sign of the growth of the science.
7. It indicates that there exists freedom for people associated with such as science to formulate fresh definitions.

Scope of economics:

1. The scope of the subject of economics refers to on the subject matter of economics.
2. It throws light on whether it is an art or science and if science, whether it is a positive science or a normative science.

Economics subject matter:

1. Economics focuses on the behaviour and interactions among economic agents, individuals and group belonging to an economic system.
2. Economics studies the ways in which people use the available resources to satisfy their multiplicity of wants.
3. The activities of rational or normal human beings are the subject-matter of economics.

[OR]

(b) Explain the Internal and external economics of scale?
Answer:
Internal Economics of Scale:

1. Internal Economies of scale refers to the advantages enjoyed by the production unit which causes a reduction in the cost of production of the commodity.
2. For example, a firm enjoying the advantage of an application of most modem machinery, generation of internal capital, an improvement in managerial skill etc. are sure to reduce the cost of production. They are of various types:

(a) Technical Economies:

1. When the size of the firm is large, large amount of capital can be used.
2. There is a possibility to introduce up – to – date technologies this improves productivity of the firm.
3. Research and development strategies can be applied easily.

(b) Financial Economies:
Big firms can float shares in the market for capital expansion, while small firms cannot easily float shares in the market.

(c) Managerial Economies:
Large scale production facilitates specialization and delegation.

(d) Labour Economies:

1. Large scale production implies greater and minute division of labour.
2. This leads to specialization which enhances the quality.
3. This increases the productivity of the firm.

(e) Marketing Economies:

1. In the context of large scale production, the producers can both buy raw-materials in bulk at cheaper cost and can take the products to distant markets.
2. They enjoy a huge bargaining power.

(f) Economies of survival:

1. Product diversification is possible when there is large scale production.
2. This reduces the risk in production.
3. Even if the market for one product collapses, market for other commodities offsets it.

External Economies of Scale:

1. External Economies of Scale refer to changes in any factor outside the firm causing an improvement in the production process.
2. This can take place in the case of industry also.
3. These are the advantages enjoyed by all the firms in industry due to the structural growth.
4. Important external economies of scale are listed below :
   • Increased transport facilities
   • Banking facilities
   • Development of townships
   • Development of information and communication.

Students can Download Tamil Nadu 11th Accountancy Model Question Paper 3 English Medium Pdf, Tamil Nadu 11th Accountancy Model Question Papers helps you to revise the complete Tamilnadu State Board New Syllabus, helps students complete homework assignments and to score high marks in board exams.

TN State Board 11th Accountancy Model Question Paper 3 English Medium

General Instructions:

1. The question paper comprises of four parts.
2. You are to attempt all the parts. An internal choice of questions is provided wherever applicable.
3. All questions of Part I, II, III and IV are to be attempted separately.
4. Question numbers 1 to 20 in Part I are Multiple Choice Questions of one mark each.
   These are to be answered by choosing the most suitable answer from the given four alternatives and writing the option code and the corresponding answer
5. Question numbers 21 to 30 in Part II are two-mark questions. These are to be answered in about one or two sentences.
6. Question numbers 31 to 40 in Part III are three-mark questions. These are to be answered in above three to five short sentences.
7. Question numbers 41 to 47 in Part IV are five-mark questions. These are to be answered in detail Draw diagrams wherever necessary.

Time: 3:00 Hours
Maximum Marks: 90

PART – I

Answer all the questions. Choose the correct answer: [20 × 1 = 20]

Question 1.
One of the major role of an accountant is ……………………..
(a) Record keeper
(b) Owner
(c) Employee
(d) Investors
Answer:
(a) Record keeper

Question 2.
…………………….. is the amount invested by the owner or proprietor in an organisation.
(a) Capital
(b) Drawings
(c) Goods
(d) Asset
Answer:
(a) Capital

Question 3.
………………………… is analytical in nature.
(a) Book – keeping
(b) Accounting
(c) Journal
(d) Ledger
Answer:
(b) Accounting

Question 4.
………………………. Accounts are closed at the end of accounting period.
(a) Periodicity
(b) Dual aspect
(c) Matching
(d) Cost
Answer:
(a) Periodicity

Question 5.
……………………. is a negotiable instrument.
(a) Pay – in – slip
(b) Cheque
(c) Voucher
(d) Invoice
Answer:
(b) Cheque

Question 6.
Rectifying entries are passed to make correction of errors in ……………………… accounting.
(a) Single entry
(b) Opening entry
(c) Rectifying entry
(d) Closing entry
Answer:
(c) Rectifying entry

Question 7.
A journal entry has more than one debit or more than one credit or both is called as ………………………
(a) Single entry
(b) Opening entry
(c) Compound entry
(d) Closing entry
Answer:
(c) Compound entry

Question 8.
…………………….. is normally prepared at the end of the accounting period.
(a) Trial balance
(b) Journal
(c) Ledger
(d) Proper journal
Answer:
(a) Trial balance

Question 9.
The page number of the ledger in which the supplier’s account appears is recorded in …………………….. column.
(a) Date
(b) Particulars
(c) Invoice number
(d) Ledger folio
Answer:
(d) Ledger folio

Question 10.
……………………… motivates the debtor to make the payment at an earlier date to avail discount facility.
(a) Trade discount
(b) Cash discount
(c) Sales
(d) Purchases
Answer:
(b) Cash discount

Question 11.
The two accounts involved in a transaction are cash account and bank account is called as ………………………
(a) Contra entry
(b) Single entry
(c) Compound entry
(d) Opening entry
Answer:
(a) Contra entry

Question 12.
…………………….. are recorded on the debit side of cash book.
(a) Cash receipts
(b) Cash payments
(c) Expenses paid
(d) Salary paid
Answer:
(a) Cash receipts

Question 13.
Favourable balance as per bank statement will appear as a …………………………
(a) Credit balance
(b) Debit balance
(c) Unfavourable
(d) Cash book
Answer:
(a) Credit balance

Question 14.
Sales book is overcast by ? 200 is an example of …………………………
(a) Errors of casting
(b) Principle error
(c) Compensating error
(d) Suspense account
Answer:
(a) Errors of casting

Question 15.
Fixed installment method is otherwise called ………………………….
(a) Straight line
(b) Written down value
(c) Diminishing balance
(d) Annuity
Answer:
(a) Straight line

Question 16.
……………………. gives benefit for more than one accounting period.
(a) Capital expenditure
(b) Revenue expenditure
(c) Revenue receipt
(d) None of these
Answer:
(a) Capital expenditure

Question 17.
……………………… are assets of a relatively permanent nature used in the operations of business and not intended for sale.
(a) Fixed assets
(b) Current assets
(c) Liquid assets
(d) None of these
Answer:
(a) Fixed assets

Question 18.
Goodwill is an example of ………………………
(a) Intangible fixed asset
(b) Fixed asset
(c) Current asset
(d) Furniture
Answer:
(b) Fixed asset

Question 19.
The decrease in book value of fixed assets due to usage or passage of time is called ………………………….
(a) Depreciation
(b) Prepaid
(c) Accrued
(d) Bad debts
Answer:
(a) Depreciation

Question 20.
Which one is matched correctly?
(a) Finacle – banking software
(b) DOS – programming software
(c) COBOL – operating software
(d) MS – Office – specific purpose software
Answer:
(a) Finacle – banking software

PART – II

Answer any seven questions in which question No. 21 is compulsory: [7 × 2 = 14]

Question 21.
Who are the parties interested in accounting information?
Answer:

1. Internal users and
2. External users

Question 22.
What is meant by accounting concepts?
Answer:
Accounting concepts are the basic assumptions or conditions upon which accounting has been laid. Accounting concepts are the results of broad consensus. The word concept means a notion or abstraction which is generally accepted.

Question 23.
What is real account?
Answer:
All accounts relating to tangible and intangible properties and possessions are called real accounts. In case of real accounts, the rule is debit what comes in and credit what goes out.

Question 24.
What is a ledger?
Answer:
Ledger is known as principal book of accounts. It is a book which contains all sets of accounts, namely, personal, real and nominal accounts.

Question 25.
What is trial balance?
Answer:
Trial balance is a statement containing the debit and credit balances of all ledger accounts on a particular date. It is arranged in the form of debit and credit columns placed side by side and prepared with the object of checking the arithmetical accuracy of entries made in the books of accounts and to facilitate preparation of financial statements.

Question 26.
Give the format of Purchase Book?
Answer:

Question 27.
What is Cash discount?
Answer:
Cash discount is allowed to the parties making prompt payment within the stipulated period of time or early payment. It is discount allowed (loss) for the creditor and discount received (gain) for the debtor who makes payment.

Question 28.
Rectify the following errors?

1. Sales book was undercast by ₹100.
2. Purchases returns book was overcast by ₹200.

Answer:

1. Sales account should be credited with ₹100.
2. Purchases returns account should be debited with ₹200

Question 29.
A company purchased a building for ₹50,000. The useful life of the building is 10 years and the residual value is ₹2000. Find out the amount and rate of depreciation under straight line method?
Answer:

Question 30.
From the following information, prepare Trading account for the year ended 31.12.2016. Opening stock ₹10,000; Purchases ₹26,100; Sales ₹40,600; Closing Stock ₹13,500?
Answer:

PART – III

Answer any seven questions in which question No. 31 is compulsory: [7 × 3 = 21]

Question 31.
What are the components of computerised accounting system?
Answer:

1. Hardware
2. Software
3. People
4. Procedure
5. Data and
6. Connectivity

Question 32.
The following are the extracts from the trial balance. Sundry debtors ₹30,000; bad debts ₹5,000;
Additional information:

1. Write off bad debts ₹3,000.
2. Create 10% provision for bad and doubtful debts. You are required to pass necessary adjusting entries and show how these items will appear in profit and loss account and balance sheet.

Answer:

Question 33.
Classify the following items into capital and revenue:

1. ₹50,000 spent for railway siding.
2. Loss on sale of old furniture.
3. Carriage paid on goods sold.

Answer:

1. Capital
2. Revenue
3. Revenue

Question 34.
A firm purchased a plant on 01.01.2018 for ₹9,000 and spent ₹1,000 as erection charges. Calculate the amount of depreciation for the year 2018 @ 15% per annum under the written down value method. Accounts are closed on 31^st March every year?
Answer:
Original cost = 9,000 + 1,000 = 10,000
Rate of depreciation = 15%
Date of purchase = 01.01.2018
Number of months used = 01.01.2018 to 3 1.03.2018 = 3 months
Amount of depreciation = 15% on 10,000 for 3 months
= 10,000 × 15/100×3/12
= ₹375.

Question 35.
Rectify the following errors discounted after the preparation of the trial balance:

1. Rent paid was carried forward to the next page ₹500 short.
2. Wages paid was carried forward ₹250 excess.
3. The sales book was overcast by ₹1,500.

Answer:

1. Rent account should be debited with ₹500.
2. Wages account should be credited with ₹250.
3. Sales account should be debited with ₹1,500.

Question 36.
Expand the following terms:

1. ATM
2. CDM
3. POS
4. NEFT
5. RTGS
6. L.F

Answer:

1. Automated Teller Machine (ATM)
2. Cash Deposit Machine (CDM)
3. Point of Sale (POS)
4. National Electronic Funds Transfer (NEFT)
5. Real Time Gross Settlement (RTGS)
6. Ledger folio (L.F.)

Question 37.
Complete the followings:

1. Total of debit > Total of credit = ?
2. Total of credit > Total of debit = ?
3. Total of debit = Total of credit = ?

Answer:

1. Debit balance
2. Credit balance
3. Nil balance

Question 38.
Define bill of exchange?
Answer:
According to the Negotiable Instruments Act, 1881, “Bill of exchange” is an instrument in writing containing an unconditional order, signed by the maker, directing a certain person to pay a certain sum of money only to, or to the order of a certain person or to the bearer of the instrument.

Question 39.
Write any three advantages of Petty cash book?
Answer:

1. There can be better control over petty payments.
2. There is saving of time of the main cashier.
3. Cash book is not loaded with many cash payments.

Question 40.
From the followings prepare a bank reconciliation statement of Jayakumar as on 31^st December, 2016?

1. Balance as per cash book ₹7,130.
2. Cheque deposited but not cleared ₹1,000.
3. A customer has deposited ₹800 into the bank directly.

Answer:

PART – IV

Answer all the questions: [7 × 5 = 35]

Question 41 (a).
Complete the missing informations:

Answer:

[OR]

(b) Prepare Ledger accounts directly from the following informations:

Answer:

Question 42 (a).
Show the effect of following business transactions on the accounting equation:

1. Anbu started business with cash ₹20,000; goods ₹12,000; and machine ₹8,000;
2. Goods purchased from Ramani on credit ₹7,000;
3. Payment made to Ramani’s in full settlement ₹6,900;
4. Sold goods to Rajan on credit costing ₹5,400 for ₹6,000;

Answer:

(b) From the following balances extracted from the books of Raj an a trader on automobiles, prepare Trial Balance as on 31^stMarch, 2017?

Answer:

Question 43 (a).
Prepare Purchases Book and Sales Book in the books of Santhosh Textiles Ltd., from the following transactions given for April, 2017?

Answer:

[OR]

(b) Enter the following transactions in a single column Cash Book of Pradeep for April, 2017?

Answer:

Question 44 (a).
From the following data, ascertain the cash book balance as on 31^st December, 2017?

Answer:

[OR]

(b) Pass journal entries to rectify the following errors located after the preparation of the trial balance. Assume that there exists a suspense account?

1. The total of sales book was undercast by ₹2,000.
2. The purchase of machinery for ₹3,000 was entered in the purchases book.
3. A credit sale of goods for ₹45 to Mathi was posted in his account as ₹54.
4. The purchases returns book was overcast by ₹200.
5. The total of sales book ₹1,122 were wrongly posted in the ledger as ₹1,222.

Answer:

Question 45 (a).
M/s Ramco Textile Mills purchased machinery on 1^st April, 2014 for 2,00,000 on credit from M/s. Nila and Co., and spent ₹10,000 on its installation. Depreciation is provided at 10% per annum on the written down value method. Prepare machinery account and depreciation account for the first three years. Books are closed on 31^st March every year?
Answer:

[OR]

(b) State whether the following are capital or revenue items:

1. ₹5,000 spent towards addition to buildings.
2. Second-hand motor car purchased for ₹30,000 and paid ₹2,000 as repairs immediately.
3. ₹10,000 was spent on painting the new factory.
4. Freight and cartage on the new machine ₹150, erection charges ₹200.
5. ₹150 spent on repairs before using a second-hand car purchased recently.

Answer:

1. Capital expenditure
2. Capital expenditure
3. Capital expenditure
4. Capital expenditure
5. Capital expenditure

Question 46 (a).
From the following particulars, prepare Profit and Loss account for the year ended 31^st December, 2017?

Answer:

[OR]

(b) What are the features of Capital Expenditure?
Answer:
The following are the features of Capital expenditure:

1. It gives benefits for more than one accounting period.
2. It includes acquisition of fixed assets and all expenditure incurred upto the point an asset is ready for use.
3. It contributes to the revenue earning capacity of the business.
4. It is non-recurring in nature.
5. It is shown on the assets side of the balance sheet.

Question 47 (a).
The following balances were extracted from the books of Thomas as on 31^st March, 2018. Dr?

Adjustments:

1. Closing Stock ₹9,000.
2. Provide depreciation @ 10% on machinery.
3. Interest accrued on investments ₹2,000

Prepare Trading A/c, Profit and Loss A/c and Balance Sheet as on 31^st March, 2018. In the Books of Thomas
Dr. Trading A/c and Profit and Loss Account for the year ended 31^st March, 2018 Cr.

Answer:

[OR]

(b) Write any five advantages of computerised accounting system?
Answer:

• Faster Processing: Computers require far less time than human beings in performing a particular task. Therefore, accounting data are processed faster using a computerised accounting system.
• Accurate Information: There is less space for error because only one account entry is needed for each transaction unlike repeated posting of the same accounting data in manual system.
• Reliability: Computer systems are immune to boredom, tiredness or fatigue. Therefore, these can perform repetitive functions effectively and are highly reliable.
• Easy Availability of Information: The data are easily available and can be communicated to different users at the same time.
• Up-to-date Information: Account balances will always be up-to-date since the records are automatically updated as and when accounting data are entered or stored.

Students can Download Tamil Nadu 11th Accountancy Model Question Paper 2 English Medium Pdf, Tamil Nadu 11th Accountancy Model Question Papers helps you to revise the complete Tamilnadu State Board New Syllabus, helps students complete homework assignments and to score high marks in board exams.

TN State Board 11th Accountancy Model Question Paper 2 English Medium

General Instructions:

1. The question paper comprises of four parts.
2. You are to attempt all the parts. An internal choice of questions is provided wherever applicable.
3. All questions of Part I, II, III and IV are to be attempted separately.
4. Question numbers 1 to 20 in Part I are Multiple Choice Questions of one mark each.
   These are to be answered by choosing the most suitable answer from the given four alternatives and writing the option code and the corresponding answer
5. Question numbers 21 to 30 in Part II are two-mark questions. These are to be answered in about one or two sentences.
6. Question numbers 31 to 40 in Part III are three-mark questions. These are to be answered in above three to five short sentences.
7. Question numbers 41 to 47 in Part IV are five-mark questions. These are to be answered in detail Draw diagrams wherever necessary.

Time: 3:00 Hours
Maximum Marks: 90

PART – I

Answer all the questions. Choose the correct answer: [20 × 1 = 20]

Question 1.
Which one of the following is not a branch of accounting?
(a) Financial accounting
(b) Management accounting
(c) Human resources accounting
(d) None of the above
Answer:
(d) None of the above

Question 2.
Financial position of a business is ascertained on the basis of ……………………….
(a) Journal
(b) Trial balance
(c) Balance sheet
(d) Ledger
Answer:
(c) Balance sheet

Question 3.
The profounder of double entry system of book – keeping?
(a) J.R. Batli boi
(b) Luca Pacioli
(c) Old Kesal
(d) Menhar
Answer:
(b) Luca Pacioli

Question 4.
The concept which assumes that a business will last indefinitely is ………………………..
(a) Business entity
(b) Going concern
(c) Periodicity
(d) Conservation
Answer:
(b) Going concern

Question 5.
A firm has assets of ₹1,00,000 and the external liabilities of ₹60,000. Its capital would be ………………………….
(a) ₹1,60,000
(b) ₹60,000
(c) ₹1,00,000
(d) ₹40,000
Answer:
(d) ₹40,000

Question 6.
The incorrect accounting equation is ………………………
(a) Assets = Liabilities + Capital
(b) Assets = Capital + Liabilities
(c) Liabilities = Assets + Capital
(d) Capital = Assets – Liabilities
Answer:
(c) Liabilities = Assets + Capital

Question 7.
J.F means ………………………….
(a) Ledger page number
(b) Journal page number
(c) Voucher number
(d) Order number
Answer:
(b) Journal page number

Question 8.
The process of finding the net amount from the totals of debit and credit columns in a ledger is known as ……………………….
(a) Casting
(b) Posting
(c) Journalising
(d) Balancing
Answer:
(d) Balancing

Question 9.
The trial balance contains the balances of ………………………..
(a) Only personal accounts
(b) Only real account
(c) Only nominal accounts
(d) All accounts
Answer:
(d) All accounts

Question 10.
Which of the following is/are the objective(s) of preparing trial balance?
(a) Serving as the summary of all the ledger accounts.
(b) Helping in the preparation of final accounts.
(c) Examining arithmetical accuracy of accounts.
(d) (a), (b) and (c)
Answer:
(d) (a), (b) and (c)

Question 11.
Sales book is used to record ……………………..
(a) All sales of goods
(b) All credit sales of assets
(c) All credit sales of goods
(d) All sales of assets and goods
Answer:
(c) All credit sales of goods

Question 12.
The total of the sales book is posted periodically to the credit of ………………………
(a) Sales account
(b) Cash account
(c) Purchases account
(d) Journal proper
Answer:
(a) Sales account

Question 13.
When a firm maintains a simple cash book, it need not maintain ………………………..
(a) Sales a/c in the ledger
(b) Purchases a/c in the ledger
(c) Capital a/c in the ledger
(d) Cash a/c in the ledger
Answer:
(d) Cash a/c in the ledger

Question 14.
Debit balance in the bank column of the cash book means …………………………
(a) Credit balance as per bank statement
(b) Debit balance as per bank statement
(c) Overdraft as per cash book
(d) None of the above
Answer:
(a) Credit balance as per bank statement

Question 15.
The difference in trial balance is taken to ……………………….
(a) The capital a/c
(b) The trading a/c
(c) The suspense a/c
(d) The Profit and loss a/c
Answer:
(c) The suspense a/c

Question 16.
Under the written down value method of depreciation, the amount of depreciation is …………………………
(a) Uniform in all the years
(b) Decreasing every year
(c) Increasing every year
(d) None of the above
Answer:
(b) Decreasing every year

Question 17.
Interest on bank deposits is ………………………..
(a) Capital receipt
(b) Revenue receipt
(c) Capital expenditure
(d) Revenue expenditure
Answer:
(b) Revenue receipt

Question 18.
Net profit of the business increases the …………………………
(a) Drawings
(b) Receivables
(c) Debts
(d) Capital
Answer:
(d) Capital

Question 19.
Closing stock is valued at ………………………
(a) Cost price
(b) Market price
(c) Cost price or market price whichever is higher
(d) Cost price or net realisable value whichever is lower
Answer:
(d) Cost price or net realisable value whichever is lower

Question 20.
Which one is not a component of computer system?
(a) Input unit
(b) Output unit
(c) Data
(d) CPU
Answer:
(c) Data

PART – II

Answer any seven questions in which question No. 21 is compulsory. [7 × 2 = 14]

Question 21.
Mention two objectives of Accounting?
Answer:

1. To keep a systematic record of financial transactions and events.
2. To ascertain the profit or loss of the business enterprise.

Question 22.
What is Compound entry?
Answer:
Compound entry is an entry in which more than two accounts are involved. Either more than one account is debited or more than one account is credited or both.

Question 23.
What is Balance method?
Answer:
In this method, the balance of every ledger account either debit or credit, as the case may be, is recorded in the trial balance against the respective accounts. The balance method is widely used, as it helps in the preparation of financial statements.

Question 24.
Who is drawee?
Answer:
The person who has to make the payment or who accepts to make the payment is called the drawee, i.e., a debtor.

Question 25.
What are the types of petty cash book?
Answer:

1. Simple petty cash book
2. Analytical petty cash book.

Question 26.
Write two examples for error of principle?
Answer:

1. Sale of old furniture on credit for ₹500 was entered in the sales book.
2. Wages of ₹600 paid for installation of a new machine is debited to wages account,

Question 27.
Write any two objectives of providing depreciation?
Answer:

1. To find out the true profit or loss.
2. To present the true and fair view of financial position.

Question 28.
Write any two examples of revenue receipt?
Answer:

1. Rent received
2. Proceeds from sale of goods.

Question 29.
What is outstanding expenses?
Answer:
Expenses which have been incurred in the accounting period but not paid till the end of the accounting period are called outstanding expenses.

Question 30.
Write any four features of computerised accounting system (CAS)?
Answer:

1. Simple and integrated
2. Speed
3. Accuracy
4. Reliability

PART – III

Answer any seven questions in which question No. 31 is compulsory. [7 × 3 = 21]

Question 31.
Explain the meaning of accounting?
Answer:
Accounting is the systematic process of identifying, measuring, recording, classifying, summarising, interpreting and communicating financial information. Accounting gives information on;

1. The resources available
2. How the available resources have been employed, and
3. The results achieved by their use.

Question 32.
Show accounting equation from the following information:

1. Started business with cash ₹80,000.
2. Goods bought on credit from Raj ₹10,000.
3. Purchased furniture for cash ₹6,000.

Answer:

Question 33.
Enter the following transactions in a single column cash book of Pandeeswari for the month of June, 2017?

Answer:

Question 34.
Prepare a Sales Account from the following transactions?

Answer:

Question 35.
From the following balances of Arjun, prepare the Trial Balance as on 31^st March, 2018?
Answer:

Question 36.
From the following particulars of Siva and Company, prepare a bank reconciliation statement as on 31^st December, 2017?

1. Credit balance as per cash book ₹12,000.
2. A cheque of ₹1,200 issued and presented for payment to the bank, wrongly credited in the cash book as ₹2,100.
3. Debit side of bank statement was undercast by ₹100.

Answer:

Question 37.
The following errors was detected before preparation of trial balance. Rectify them?

1. The total of rent received account is carried forward ₹900 short.
2. The total of salary account is carried forward ₹1,100 short.
3. Sales returns book is over cast ₹800.

Answer:

1. Rent received account is to be credited with ₹900.
2. Salary account is to be debited with ₹1,100.
3. Sales returns account should be credited with ₹800.

Question 38.
Find out the rate of depreciation under straight line method from the following details: Original cost of the asset ₹10,000; Estimated life of the asset 10 years; Estimated scrap value at the end ₹2,000?
Answer:

Question 39.
State whether they are capital and revenue:

1. Construction of buildings ₹10,00,000.
2. Repairs to furniture ₹50,000.
3. White – washing the building ₹80,000.

Answer:

1. Capital expenditure
2. Revenue expenditure
3. Revenue expenditure

Question 40.
Pass adjusting entries for the following?

1. The Closing stock was valued at ₹5,000;
2. Outstanding salaries ₹150;
3. Insurance prepaid ₹450;

Answer:

PART – IV

Answer all the questions. [7 × 5 = 35]

Question 41 (a).
Bragathish is a trader dealing in electronic goods who commenced his business in 2015, for the following transactions took place in the month of March, 2018. Pass Journal entries?

Answer:

[OR]

(b) The following errors were located after the preparation of the trial balance. Assume that there exists a suspense account. Pass journal entries to rectify them?

1. The total of purchases book was undercast by ₹100.
2. The total of the discount column on the debit side of cash book ₹575 were not posted.
3. The total of one page of the sales book for ₹5,975 were carried forward to the next page as ₹5,795.
4. Salaries ₹1,800 were posted as ₹18,000.
5. Purchase of goods on credit from Mukilan for ₹150 have been posted to his account as ₹1,500.

Answer:

Question 42 (a).
Show the effect of following business transactions on the accounting equation:

1. Anbu started business with cash ₹20,000; goods ₹12,000 and machine ₹8,000.
2. Purchased goods from Ramani on credit ₹7,000.
3. Payment made to Ramani in full settlement ₹6,900.
4. Sold goods to Raj an on credit costing ₹5,400 for ₹6,000.
5. Received from Raj an ₹5,800 in full settlement of his account.

Answer:

(b) A furniture costing ₹5,000 was purchased on 01.01.2016, the installation charges being ₹1,000. The furniture is to be depreciated @ 10% p.a. on the diminishing balance method. Pass Journal entries for the first two years?
Answer:

Question 43 (a).
Journalise the following transactions and past them to the ledger?

Answer:

[OR]

(b) Classify the following receipts into capital or revenue?

1. Sale proceeds of goods ₹75,000
2. Loan borrowed from hank ₹2,50,000
3. Sale of investment ₹1,20,000
4. Commission received ₹30,000
5. ₹1,400 wages paid in connection with the erection of new machinery

Answer:

1. Revenue
2. Capital
3. Capital
4. Revenue
5. Capital

Question 44 (a).
Prepare trail balance as on 31^st January, 2017?

Answer:

(b) From the following information, prepare Trading and Profit & Loss A/c of Abdul Rahuman for the year ending 31^st December, 2016 and Balance Sheet as on that date. The closing stock on 31^st December, 2016 was valued ₹2,000?

Answer:

Question 45 (a).
Prepare purchase book and Purchase returns book from the following of Robert Funiture Mart?

Answer:

[OR]

(b) The following trial balance was extracted from the books of Arun Traders as on 31^st March, 2018?

Adjustments:

1. Depreciate plant & machinery @ 20%.
2. Wages outstanding amounts to ₹750.
3. Half of repairs and maintenance paid is for the next year.
4. Closing stock was valued at ₹15,000.
   Prepare Trading and Profit and Loss A/c for the year ending 31^st March, 2018 and Balance sheet as on that date.

Answer:

Question 46 (a).
Prepare Three Column Cash book in the books of Thiru Durairaj?

Answer:

[OR]

(b) Enter the following transactions in Ahamed’s Cash book discount and Cash columns?

Answer:

Question 47 (a).
From the following particulars of Raheem traders, prepare a bank reconciliation statement as on 31^st March, 2018?

1. Overdraft as per cash book ₹2,500.
2. Debit side of cash book was undercast by ₹700.
3. Amount received by bank through RTGS amounting ₹2,00,000 omitted in the cash book.
4. Two cheques issued for ₹1,800 and ₹2,000 on 29^th March 2018. Only the second cheque is presented for payment,
5. Insurance premium on car for ₹1,000 paid by the bank as per standing instructions not recorded in the cash book.

Answer:

[OR]

(b) Prepare an analytical petty cash book under imprest system?

Answer:

Students can download 11th Economics Chapter 11 Tamil Nadu Economy Questions and Answers, Notes, Samcheer Kalvi 11th Economics Guide Pdf helps you to revise the complete Tamilnadu State Board New Syllabus, helps students complete homework assignments and to score high marks in board exams.

Tamilnadu Samacheer Kalvi 11th Economics Solutions Chapter 11 Tamil Nadu Economy

Samacheer Kalvi 11th Economics Tamil Nadu Economy Text Book Back Questions and Answers

PART – A

Multiple Choice Questions:

Question 1.
In health index, Tamil Nadu is ahead of ……………………
(a) Kerala
(b) Punjab
(c) Gujarat
(d) All the above
Answer:
(c) Gujarat

Question 2.
In sex ratio, Tamil Nadu ranks …………………….
(a) First
(b) Second
(c) Third
(d) Fourth
Answer:
(c) Third

Question 3.
Tamil Nadu is rich in ………………………
(a) Forest resource
(b) Human resource
(c) Mineral resource
(d) All the above
Answer:
(b) Human resource

Question 4.
The main source of irrigation in Tamil Nadu is ………………………..
(a) River
(b) Tank
(c) Well
(d) Canals
Answer:
(c) Well

Question 5.
Knitted gannent production is concentrated in ………………………..
(a) Coimbatore
(b) Tiruppur
(c) Erode
(d) Karur
Answer:
(b) Tiruppur

Question 6.
Which of the following is wrongly matched?
(a) Gateway of Tamil Nadu – Thoothukudi
(b) Home textile city – Erode
(c) Steel city – Salem
(d) Pump city – Coimbatore
Answer:
(b) Home textile city – Erode

Question 7.
Which of the following cities does not have international airport?
(a) Madurai
(b) Tiruchirappalli
(c) Paramakudi
(d) Coimbatore
Answer:
(c) Paramakudi

Question 8.
TN tops in the production of the following crops except ……………………..
(a) Banana
(b) Coconut
(c) Plantation crops
(d) Cardamom
Answer:
(d) Cardamom

Question 9.
Largest area of land is used in the cultivation of …………………….
(a) Paddy
(b) Sugarcane
(c) Groundnut
(d) Coconut
Answer:
(a) Paddy

Question 10.
In literacy rate, TN ranks …………………………..
(a) Second
(b) Fourth
(c) Sixth
(d) Eighth
Answer:
(d) Eighth

Question 11.
In investment proposals filed by MSMEs, TN ranks …………………………
(a) I
(b) II
(c) III
(d) IV
Answer:
(a) I

Question 12.
Which district in TN has the highest sex ratio?
(a) Nagapattinam
(b) Nilgiris
(c) Tiruchirappalli
(d) Thanjavur
Answer:
(b) Nilgiris

Question 13.
Which district has the lowest child sex ratio?
(a) Madurai
(b) Theni
(c) Ariyalur
(d) Cuddalore
Answer:
(c) Ariyalur

Question 14.
Which Union Territory has the highest sex ratio?
(a) Chandigarh
(b) Pondicherry
(c) Lakshadeep
(d) Andaman Nicobar
Answer:
(b) Pondicherry

Question 15.
The largest contribution to GSDP in Tamil Nadu comes from …………………………
(a) Agriculture
(b) Industry
(c) Mining
(d) Services
Answer:
(d) Services

Question 16.
In human development index, TN is ranked …………………………
(a) Second
(b) Fourth
(c) Sixth
(d) Seventh
Answer:
(d) Seventh

Question 17.
SPIC is located in ……………………
(a) Chennai
(b) Madurai
(c) Tuticorin
(d) Pudukkottai
Answer:
(c) Tuticorin

Question 18.
The TICEL park is ……………………..
(a) Rubber Park
(b) Textile park
(c) Food park
(d) Bio park
Answer:
(d) Bio park

Question 19.
In India’s total cement production, Tamil Nadu ranks ………………………..
(a) Third
(b) Fourth
(c) First
(d) Second
Answer:
(a) Third

Question 20.
The Headquarters of Southern Railway is a ………………………
(a) Tiruchirappalli
(b) Chennai
(c) Madurai
(d) Coimbatore
Answer:
(b) Chennai

PART – B

Answer the following questions in one or two sentences.

Question 21.
State any two districts with favourable sex ratio. Indicate the ratios?
Answer:
Population Growth in Tamil Nadu: At a glance (2011 census)

1. Sex Ratio (per 1000 males) District with highest:
The Nilgiris (1041 females) Thanjavur (1031 females) Nagapattinam (1025 females)

2. Sex Ratio (per 1000 males) District with Lowest:
Theni (900 females) Dharmapuri (946 females)

Question 22.
Define GSDP?
Answer:

1. The Gross State Domestic Product refers to the total money value of all the goods and services produced annually in the state.
2. Tamil Nadu is the second-largest economy in India with a GSDP of $ 207.8 billion in 2016 – 2017 according to the Directorate of Economics and Statistics, Tamil Nadu.

Question 23.
Mention any four food crops which are favourable to Tamil Nadu?
Answer:

1. Rice: Tamil Nadu is India’s second-biggest producer of rice.
2. Banana and Coconut: Tamil Nadu ranks first in the production of Banana and coconut.
3. Cashewnut: Tamil Nadu ranks second in the production of cashew nut.
4. Pepper: Tamil Nadu ranks third in the production of pepper.
5. Sugarcane: Tamil Nadu ranks fourth in the production of Sugarcane.

Question 24.
What are the major ports in Tamil Nadu?
Answer:

1. Tamil Nadu has three major ports; one each at Chennai, Ennore, and Tuticorin as well as one intermediate port in Nagapattinam, and 23 minor ports.
2. All the minor ports are managed by the Tamil Nadu Maritime Board, Chennai Port.
3. Ennore port was recently converted from an intermediate port to a major port and handles all the coal and ore traffic in Tamil Nadu.

Question 25.
What is heritage tourism?
Answer:
Heritage tourism is travelling to experience the places and activities that authentically represent the stories and people of the past.

Question 26.
What are the nuclear power plants in Tamil Nadu?
Answer:
The Kalpakkam Nuclear Power Plant and the Koodankulam Nuclear Power Plant are the major nuclear energy plants for the energy grid.

Question 27.
Define Micro industry?
Answer:
The enterprises with a capital investment not exceeding 25 lakhs.

PART – C

Answer the following questions in one paragraph.

Question 28.
Write a note on mineral resources in Tamil Nadu?
Answer:
Mineral Resources in Tamil Nadu:

1. Tamil Nadu has a few mining projects based on Titanium, Lignite, Magnesite, Graphite, Limestone, Granite, and Bauxite.
2. The first one is the Neyveli Lignite Corporation that has led the development of large industrial complex around Neyveli in the Cuddalore district with Thermal Power Plants, fertilizers, and Carbonisation plants.
3. Magnesite mining is at Salem from which mining of Bauxite ores are carried out at Yercaud, and this region is also rich in Iron Ore at Kanjamalai.
4. Molybdenum is found in Dharmapuri and is the only source in the country.

Question 29.
Explain GSDP in Tamil Nadu?
Answer:
GSDP in Tamil Nadu:

1. GSDP refers to the total money value of all the goods and services produced annually in the state.
2. According to Tamil Nadu’s Directorate of Economics and Statistics, Tamil Nadu is the second-largest economy in India with a GSDP of $207.8 billion in 2016 -17
3. The GSDP of Tamil Nadu is equal to the GDP of Kuwait on nominal terms and the GDP of UAE on PPP terms.
4. Sectoral contribution of GSDP of Tamil Nadu
   • Tertiary sector – 63. 70%
   • Secondary sector – 28.5%
   • Primary sector – 7.76%

Question 30.
Describe the development of the textile industry in Tamil Nadu?
Answer:
Textile industry in Tamil Nadu:

1. Tamil Nadu is the largest textile hub of India.
2. Tamil Nadu is known as the “Yam Bowl” of the country accounting for 41% of India’s cotton yam production.
3. The textile industry plays a significant role in the Indian economy by providing direct employment to an estimated 35 million people and thereby contributing 4% of GDP and. 35% of gross export earnings.
4. The textile sector contributes to 14% of the manufacturing sector.
5. From spinning to garment manufacturing, entire textile production chain facilities are in Tamil Nadu.
6. About half of India’s total spinning mill capacity is in Tamil Nadu.
7. The western part of Tamil Nadu comprising Coimbatore, Tirupur, Erode, Dindigul, and Karur has the majority of spinning mills manufacturing cotton, polyester, blended yam, and silk yam used by garment units in Tamil Nadu, Maharashtra, etc.,
8. Yam is also exported to China, Bangladesh, etc.
9. Tirupur is known as “knitting city” is the exporter of garments worth USD (United States Dollar) 3 billion.
10. Karur is the major home for textile manufacturing (curtain cloth, bed linens, kitchen linens, toilet linens, table linens, wall hangings, etc.,) and export hub in India.
11. Erode is the main cloth market in South India for both retail and wholesale ready-mades.

Question 31.
Compare productivity of any two food crops between Tamil Nadu and India?
Answer:
Productivity position of Tamil Nadu and India:

1. The Government of Tamil Nadu lays emphasis on agricultural production and productivity.
2. Tamil Nadu tops in productivity, in food crops as well as non-food crops among the States in India.

Productivity position of Tamil Nadu:

1. Tamil Nadu ranks first in maize, cumbu, groundnut, oilseeds, and cotton.
2. Tamil Nadu ranks second in rice and coconut.
3. Tamil Nadu ranks third in sugarcane, sunflower, and jowar.

Question 32.
Explain the prospect for the development of Tourism?
Answer:
Prospect for development of tourism:

1. Tamil Nadu has emerged as one of the leading tourist destinations for both domestic and foreign tourists.
2. Tourism in Tamil Nadu is promoted by Tamil Nadu Tourism Development Corporation (TTDC), a Government of Tamil Nadu undertaking.
3. The state currently ranks the highest among Indian states with about 25 crore arrivals.
4. The annual growth rate of this industry stood at 16 percent.
5. Approximately 28 lakh foreign and 11 crore domestic tourists visit the state.

Question 33.
What are the renewable sources of power in Tamil Nadu?
Answer:
Energy:

1. Tamil Nadu tops in power generation among the southern States as seen in the following table.
2.  Installed capacity of power utilities in States in the southern region.
3. Tamil Nadu is at the forefront of all other Indian States in installed capacity.
4. Muppandal wind farm is a renewable energy source, supplying the villagers with electricity for work.
5. Wind farms were built in Nagercoil and Tuticorin apart from already existing ones around Coimbatore, Pollachi, Dharapuram, and Udumalaipettai.
6. These areas generate about half of India’s 2,000 megawatts of wind energy or two percent of the total power output of India.

Thermal Power:

• In Tamil Nadu, the share of thermal power in total energy sources is very high and the thermal power plants are at Athippattu [North Chennai] Ennore, Mettur, Neyveli, and Thoothukudi.
• The generation of power under various sources is given below.

Hydel Energy:

• There are about 20 hydro-electric units in Tamil Nadu.
• The prominent units are Hundah, Mettur, Periyar, Maravakandy, Parson Valley, etc.

Solar Energy:

• Tamil Nadu tops in solar power generation in India as seen in the following table:
• Southern Tamil Nadu is considered as one of the most suitable regions in the country for developing solar power projects.

Wind Energy:

• Tamil Nadu has the highest installed wind energy capacity in India.
• The State has a very high quality offshore wind energy potential of the Tirunelveli coast and southern Thoothukudi and Rameswaram coast.

Question 34.
Describe the performance of Tamil Nadu Economy in health?
Answer:
Health:

1. Tamil Nadu has a three-tier health infrastructure comprising hospitals, primary health centres, health units, community health centres, and sub-centers.
2. As of March 2015, the State had 34 district hospitals, 229 sub-divisional hospitals, 1,254 primary health centres, 7,555 sub-centers, and 313 community health centres.

PART – D

Answer the following questions in about a page.

Question 35.
Describe the qualitative aspects of the population?
Answer:

1. Population: Tamil Nadu stands sixth in population with 7.21 crore.
2. Density: Tamil Nadu ranks 12th in density with 555 people per sq. km.
3. Urban population: Tamil Nadu is one of the most urbanized states with 48.4% of the urban population.
4. Sex ratio: Balanced sex ratio implies improvement in the quality of life of the female population. The sex ratio of Tamil Nadu is nearing balance with 995 which stands third next to Kerala and Puducherry.
5. Infant mortality rate: According to NITI AAYOG, the IMR is 17 for Tamil Nadu which is just half of the national average of 34 as of 2016.
6. Maternal mortality rate: Tamil Nadu has a good record of controlling MMR, ranking third with 79 against the national average of 159.
7. Literacy:
   • The literacy rate of Tamil Nadu is higher than in many states.
   • Tamil Nadu has the highest Gross Enrollment Ratio in higher education.

Question 36.
Explain the various sources of energy in Tamil Nadu?
Answer:
Tamil Nadu tops in power generation among the Southern States as seen in the table.
Tamil Nadu 26,865 MW is the 1^st Rank in the energy level. Tamil Nadu is at the forefront of all other Indian States in installed capacity. Muppandal wind farm is a renewable energy source, supplying the villagers with electricity for work.

Wind farms were built in Nagercoil and Tuticorin apart from already existing ones around Coimbatore, Pollachi, Dharapuram, and Udumalaipettai. These areas generate about half of India’s 2,000 megawatts of wind energy or two percent of the total power output of India.

Nuclear Energy:
The Kalpakkam Nuclear Power Plant and the Koodankulam Nuclear Power Plant are the major nuclear energy plants for the energy grid.

Thermal power:

• In Tamil Nadu, the share of thermal power in total energy sources is very high and the thermal power plants are at Athippattu (North Chennai) Ennore, Mettur, Neyveli, and Thoothukudi.
• The generation of power under various sources is given below.

Hydel Energy:

• There are about 20 hydro-electric units in Tamil Nadu.
• The prominent units are Hundah, Mettur, Periyar, Maravakandy, Parson Valley, etc.,

Solar Energy:

• Tamil Nadu tops in solar power generation in India as seen in the following table
• Southern Tamil Nadu is considered one of the most suitable regions in the country for developing solar power projects.

Wind Energy:

• Tamil Nadu has the highest installed wind energy capacity in India.
• The State has a very high-quality offshore wind energy potential off the Tirunelveli coast and southern Thoothukudi and Rameswaram coast.

Question 37.
Explain the public transport system in Tamil Nadu?
Answer:
Tamil Nadu has a well-established transportation system that connects all parts of the state. This is partly responsible for the investment in the state.

Road transport:

• There are 28 national highways in the state, covering a total distance of 5,036 km.
• The state has a total road length of 1,67,000 km.
• It ranks second in India with a share of over 20% in total road projects.

Rail transport:

• Tamil Nadu has a well-developed rail network as part of Southern Railway, headquartered in Chennai.
• Tamil Nadu has a total railway track length of 6,693 KM and there are 690 railway stations in the state.
• The system connects it with most major cities in India.
• Chennai developed a metro system, which came into operation in May 2017.

Air transport:

• Tamil Nadu has four major international airports.
• Chennai, Coimbatore, Tiruchirapalli, and Madurai International airports.
• It also has domestic airports at Tuticorin, Salem, and Madurai.

Samacheer Kalvi 11th Economics Tamil Nadu Economy Additional Important Questions and Answers

PART – A

Multiple Choice Questions.

Question 1.
Tamil Nadu is the geographically largest state of India.
(a) 5^th
(b) 7^th
(c) 9^th
(d) 11^th
Answer:
(d) 11^th

Question 2.
Tamil Nadu lies in the part of India.
(a) North East
(b) South West
(c) South East
(d) northwest
Answer:
(c) South East

Question 3.
TNPL is the ……………………. largest eco-friendly paper mill.
(a) Asia’s
(b) America’s
(c) Europe’s
(d) Australia’s
Answer:
(a) Asia’s

Question 4.
………………………. known as “knitting city” is the exporter of garments.
(a) Tiruppur
(b) Thirunelveli
(c) Erode
(d) Karur
Answer:
(a) Tiruppur

Question 5.
……………………….. nicknamed as “The Detroit of Asia” is home to a large number of auto component industries.
(a) Thiruvallur
(b) Kancheepuram
(c) Thoothukudi
(d) Chennai
Answer:
(d) Chennai

Question 6.
SAIL has a steel plant in ……………………
(a) Salem
(b) Karur
(c) Ariyalur
(d) Coimbatore
Answer:
(a) Salem

Question 7.
The Kalpakkam nuclear power plant and the Kudankulam nuclear power plant are the major …………………. plants for the energy grid.
(a) Nuclear energy
(b) Hydel energy
(c) Solar energy
(d) Wind energy
Answer:
(a) Nuclear energy

Question 8.
The district which has the lowest density of population is ……………………….
(a) Sivagangai
(b) Nilgiris
(c) Kanyakumari
(d) Thiruvallur
Answer:
(a) Sivagangai

Question 9.
Tamil Nadu Newsprint Paper Limited (TNPL) is a ……………………….. Industry in Tamil Nadu
(a) Joint sector
(b) Private sector
(c) Public sector
(d) Co-operative sector
Answer:
(c) Public sector

Question 10.
SPIC is the largest producer of …………………….. in India.
(a) Chemical
(b) Fertilizers
(c) Petrol
(d) Fisheries
Answer:
(b) Fertilizers

PART – B

Answer the following questions in one or two sentences.

Question 1.
Write a note on “water resources”?
Answer:

1. There are 17 river basins in Tamil Nadu.
2. The main rivers are Palar, Cheyyar, Ponnaiyar, Cauvery, Bhavani, Vaigai, Chittar, Tamiraparani, Vellar, Noyyal, Siruvani, Gundar, Vaipar, Valparai, etc.
3. North-East monsoon is the major source of rainfall followed by the southwest monsoon.
4. Wells are the largest source of irrigation in Tamil Nadu (56%).

Question 2.
Write a note on “Urbanisation in Tamil Nadu”?
Answer:
Tamil Nadu is the most urbanized state with 48.4% of the urban population against 31.5% for India as a whole. The State accounts for 9.61% of total urbanites in India against a 6% share of the total population.

Question 3.
Explain Per capita income in Tamil Nadu?
Answer:

1. The Per capita GSDP (Gross State Domestic Product) of Tamil Nadu also ($ 2,200) which is higher than that of many other States in India.
2. Per capita, the GSDP of Tamil Nadu is nearly 1.75 times higher than the national average, as per 2018 data.
3. In terms of rupees, the per capita income in Tamil Nadu was ₹1,03,600 in 2010 – 2011 and it has increased to ₹1,88, 492 in 2017 – 2018 as per the Budget.

PART – C

Answer the following questions in one paragraph.

Question 1.
Write a note on “Educational Loans”?
Answer:

1. Educational loans disbursed by Public Sector Banks under priority sector are concerned, 20.8% of the total amount was disbursed in Tamil Nadu between 2013-14 and 2015-16.
2. Andhra Pradesh was second with 11.2% of the total loan amount followed by Maharashtra [10.2%]
3. The total amount of educational loans disbursed by Private Banks during the same period, Kerala accounted for 37.8% followed by Tamil Nadu with 24.8%.

Question 2.
Describe the “Unemployment and Poverty”?
Answer:

1. The national average unemployment rate stands at 50 and Tamil Nadu ranks 22nd with an unemployment rate of 42 per 1000.
2. There are different kinds of unemployment with different economic implications.
3. All those aspects need to be studied to fully understand the employment situation.
4. Tamil Nadu is one of India’s richest states since 1994, the state has seen a steady decline in poverty.
5. Tamil Nadu has lower levels of poverty than most other states in the country.
6. After 2005, Tamil Nadu was among India’s fastest-growing states, with growth being driven mainly by services.

PART – D

Answer the following questions in about a page.

Question 1.
Explain the highlights of the Tamil Nadu Economy?
Answer:
Highlights of Tamil Nadu Economy:

1. The growth of SGDP in Tamil Nadu has been among the fastest in India since 2005.
2. Poverty reduction in Tamil Nadu has been faster than that in many other States.
3. Tamil Nadu ranks 3^rd in terms of invested capital (₹ 2.92 lakh crore) and the value of total industrial output (₹ 6.19 lakh crore).
4. Tamil Nadu ranks first among the states in terms of the number of factories with 17% share and industrial workers (16% share) of the country.
5. Tamil Nadu is placed third in the health index as per the NITIAAYOG report.
6. Tamil Nadu has the highest Gross Enrolment Ratio in higher education.
7. Tamil Nadu has the largest number of engineering colleges.
8. Tamil Nadu has emerged as a major hub for renewable energy.
9. Tamil Nadu has the highest credit Deposit Ratio in commercial and cooperative banks.
10. Tamil Nadu has the highest ranks first on investment proposals filed by MSMEs.

Question 2.
Describe the “MSMEs”?
Answer:

1. The Micro, Small, and Medium Enterprises are defined under the MSMED Act 2006.
2. The enterprises are classified as Manufacturing and Service enterprises based on the investment in plant and machinery and equipment (excluding land and building).
3. Tamil Nadu accounts for 15.07% of Micro, Small and Medium Enterprises (MSMEs) in the country (the highest among all States) with 6.89 lakhs registered MSMEs.
4. Producing over 8000 varieties of products for a total investment of more than ₹32,008 crores.
5. MSMEs produce a wide variety of products in almost all sectors.
6. The prominent among them are the engineering, electrical, chemicals, plastics, steel paper, matches, textiles, hosiery, and garments sector.
7. Around 15.61 lakh entrepreneurs have registered, providing employment opportunities to about 99.7 lakhs persons with a total investment of Rs. 1,68,331 crore.

ACTIVITY

Question 1.
Visit your nearby village and make an on-the-spot study about crops production, source of irrigation, and living conditions of farmers?
Answer:
Crop Production:

1. Crop Production includes all the feed sources that are required to maintain the dairy herd and the resource inputs used to produce the crops.
2. The type of feed depends on animal management. System – conventional or organic.
3. Feeds may include mainly corn-silage, corn – grain, alfalfa – hay and alfalfa-silage, soybeans, soybean meal, wheat, oats, distiller’s grains solids, with grasses, forage, and hay and dietary supplements such as minerals.
4. The inventory would include the production of all feed crops raised on the farm, purchased from a vendor or other farm, or sold to another farm.
5. In the United States, larger farms purchase feed while smaller farms grow their own feed. [USDA ECONOMIC RESEARCH SERVICE, 2007] USDA – United States Development Association.
6. A separate analysis would be conducted for the feed milling operations to account for its resource inputs such as fuel used in transportation and electricity.
7. Inputs in crop production include fuel for tractors and other equipment, water, machinery, fertilizer, pesticides.
8. Manure nutrients are a resource input if used in crop production.

Important sources of irrigation available in Indian villages are as follows:
There are three major sources of irrigation in India.
They are:-

1. Canals
2. Wells and Tube – wells
3. Tanks
   • Wells and Tube wells are the major sources of irrigation.
   • Canals rank second.
   • Tanks rank third.

Canal irrigation: Canal irrigation has its maximum development in the Great Plains and in the Mahanadi, Godavari, Krishna deltas in the eastern coastal plains.

Wells and Tube – wells: Wells and Tube – wells are popular in the alluvial plains.
The living condition of farmers:

1. Smallholder farmers already face numerous risks to agricultural production.
2. Climate change is expected to disproportionately affect smallholder farmers and make their livelihoods even more precarious.
3. Farmers crop with risks and explore what strategies are needed to help them adapt to climate change.
4. Agricultural system owing to their high dependence on agriculture for their livelihood, chronic food insecurity, physical, isolation and lack of access to formal safety nets.
5. Farmers are frequently exposed to pest and disease outbreaks and extreme weather events particularly cyclones.
6. Farmers use a variety of risk cropping strategies.
7. To prevent them from remaining food insecure.
8. Few farmers have adjusted their farming strategies in response to climate change, owing to limited resources and capacity.
9. Technical, Financial, and Institutional support is needed to improve agricultural production and food security.
10. Farmers and make their livelihoods resilient to climate change.

Students can Download Tamil Nadu 11th Accountancy Model Question Paper 1 English Medium Pdf, Tamil Nadu 11th Accountancy Model Question Papers helps you to revise the complete Tamilnadu State Board New Syllabus, helps students complete homework assignments and to score high marks in board exams.

TN State Board 11th Accountancy Model Question Paper 1 English Medium

General Instructions:

1. The question paper comprises of four parts.
2. You are to attempt all the parts. An internal choice of questions is provided wherever applicable.
3. All questions of Part I, II, III and IV are to be attempted separately.
4. Question numbers 1 to 20 in Part I are Multiple Choice Questions of one mark each.
   These are to be answered by choosing the most suitable answer from the given four alternatives and writing the option code and the corresponding answer
5. Question numbers 21 to 30 in Part II are two-mark questions. These are to be answered in about one or two sentences.
6. Question numbers 31 to 40 in Part III are three-mark questions. These are to be answered in above three to five short sentences.
7. Question numbers 41 to 47 in Part IV are five-mark questions. These are to be answered in detail Draw diagrams wherever necessary.

Time: 3:00 Hours
Maximum Marks: 90

PART – I

Answer all the questions. Choose the correct answer: [20 × 1 = 20]

Question 1.
Which one is the function of Accounting?
(a) Decision making
(b) Systematic records
(c) Legal evidence
(d) Preparation of balance sheet
Answer:
(a) Decision making

Question 2.
………………….. is the capability of a person or an enterprise to pay the debts.
(a) Solvency
(b) Creditor
(c) Bad debts
(d) Income
Answer:
(a) Solvency

Question 3.
The first step in the accounting process is …………………….. and recording.
(a) Book – keeping
(b) Identifying
(c) Accountancy
(d) Journal
Answer:
(b) Identifying

Question 4.
………………………. concept implies that only those transactions, which can be expressed in terms of money are recorded in the accounts.
(a) Money measurement concept
(b) Business entity concept
(c) Going concern concept
(d) Cost concept
Answer:
(a) Money measurement concept

Question 5.
CDM expands ……………………..
(a) Cash Deposit Machine
(b) Credit Debts Method
(c) Commerce Document Mode
(d) None of these
Answer:
(a) Cash Deposit Machine

Question 6.
Which one is the owner’s equity?
(a) Creditors
(b) Bank
(c) Capital
(d) Debtors
Answer:
(c) Capital

Question 7.
The process of recording in the ledger is called ………………………
(a) Journal
(b) Journalising
(c) Ledger
(d) Posting
Answer:
(d) Posting

Question 8.
Total of debit = Total of credit = ?
(a) Debit balance
(b) Credit balance
(c) Nil balance
(d) To balance bld
Answer:
(c) Nil balance

Question 9.
Which one is in correct order (ascending)?
(a) Journal, ledger, trial balance
(b) Trial balance, journal, ledger
(c) Ledger, journal, trial balance
(d) Trial balance, ledger, journal
Answer:
(a) Journal, ledger, trial balance

Question 10.
Subsidiary books (special journal) for entering ……………………..
(a) Cash transactions
(b) Non – cash transactions
(c) Both
(d) Journal proper
Answer:
(b) Non – cash transactions

Question 11.
………………………. serves as both journal and ledger.
(a) Cash book
(b) Sales book
(c) Purchases book
(d) All of these
Answer:
(a) Cash book

Question 12.
Cash book shows debit balance means ……………………..
(a) Favourable balance
(b) Overdraft
(c) Negative balance
(d) None of these
Answer:
(a) Favourable balance

Question 13.
The total of sales book ₹9,240 was debited in the sales account as ₹9,420.
(a) Error of commission
(b) Error of omission
(c) Error of partial omission
(d) Error of principle
Answer:
(a) Error of commission

Question 14.
……………………… assets have a long span of life.
(a) Bank
(b) Cash
(c) Debtors
(d) Fixed assets
Answer:
(d) Fixed assets

Question 15.
The amount of depreciation goes on decreasing year after year …………………….
(a) Revaluation method
(b) Written down value method
(c) Straight line method
(d) Depletion method
Answer:
(b) Written down value method

Question 16.
Overhaul expenses is an example for …………………………
(a) Capital expenditure
(b) Revenue expenditure
(c) Deferred revenue expenditure
(d) Capital receipts
Answer:
(a) Capital expenditure

Question 17.
……………………….. is the arrangement of various assets and liabilities in a proper order.
(a) Marshalling
(b) Balance sheet
(c) Assets
(d) Liabilities
Answer:
(a) Marshalling

Question 18.
Income tax paid by the business is not a business expenditure and is treated as ………………………..
(a) Capital
(b) Drawings
(c) Revenue
(d) Expense
Answer:
(b) Drawings

Question 19.
……………………….. is the programming software.
(a) DOS
(b) Windows
(c) UBUNTU
(d) PASCAL
Answer:
(d) PASCAL

Question 20.
………………………. is the application software.
(a) PASCAL
(b) COBOL
(c) DOS
(d) MS – Office
Answer:
(d) MS – Office

PART – II

Answer any seven questions in which question No. 21 is compulsory: [7 × 2 = 14]

Question 21.
Define Accounting?
Answer:
American Accounting Association has defined accounting as “the process of identifying, measuring and communicating economic information to permit informed judgements and decisions by users of the information.”

Question 22.
What are source documents?
Answer:
Source documents are the authentic evidences of financial transactions. These documents show the nature of transactions the date, the amount and the parties involved. Source documents include cash receipts, invoice, debit note, credit note, pay-in-slip, salary bills, wage bills, cheque record slips etc.

Question 23.
What are the methods of preparation of trial balance?
Answer:

1. Balance method
2. Total method
3. Total and balance method

Question 24.
Mention four types of subsidiary books?
Answer:

1. Purchases book
2. Sales book
3. Purchases return book
4. Sales return book

Question 25.
What is meant by Bank overdraft?
Answer:
It is not possible to have unfavourable cash balance in the cash book. But, it is possible to have unfavourable balance in the bank account. When the business is not having sufficient money in its bank account, it can borrow money from the bank.

Question 26.
What is meant by rectification of errors?
Answer:
Correction of errors in the books of accounts is not done by erasing, rewriting or striking the figures which are incorrect. Correcting the errors that has occured is called rectification. Appropriate entry is passed or suitable explanatory note is written in the respective account or accounts to neutralise the effect of errors.

Question 27.
What is meant by depreciation?
Answer:
The process of allocation of the relevant cost of fixed asset over its useful life is known as depreciation. It is an allocation of cost against the benefit derived from a fixed asset during an accounting period.

Question 28.
What is meant by revenue expenditure?
Answer:
The expenditure incurred for day to day running of the business or for maintaining the earning capacity of the business is known as revenue expenditure. It is recurring in nature. It is incurred to generate revenue for a particular accounting period.

Question 29.
Prepare Trading account in the books of Siva Shankar from the following figures:
Opening Stock ₹1,500; Šales ₹4,600; Purchases ₹3,500; Closing Stock ₹1,300:
Answer:

Question 30.
What is CAS?
Answer:
Computerised Accounting System (CAS) refers to the system of maintaining accounts using computers. It involves the processing of accounting transactions through the use of hardware and software in order to keep and produce accounting records and reports.

PART – III

Answer any seven questions in which question No. 31 is compulsory: [7 × 3 = 21]

Question 31.
How can we classify the components of CAS?
Answer:

1. Hardware
2. Software
3. People
4. Procedure
5. Data
6. Connectivity

Question 32.
Classify the following items into capital or revenue?

1. ₹50,000 spent for railway siding.
2. Loss on sale of old furniture ₹200.
3. Carriage paid on goods sold ₹500.

Answer:

1. Capital
2. Revenue
3. Revenue

Question 33.
An asset is purchased for ₹50,000. The rate of depreciation is 15% p.a. Calculate the annual depreciation for the first two years under diminishing balance method?
Answer:
Caluculation of depreciation for first two years. (On diminishing balance method).

Question 34.
On 1^st January, 2016, provision for doubtful debts account had a balance of ₹3,000. On December 31, 2016 sundry debtors amounted to ₹80,000. During the year, bad debts
to be written off were ₹2,000. A provision for 5% was required for next year. Pass adjusting journal entries?
Answer:

Question 35.
The following errors were located after the preparation of the trial balance. Rectify them.

1. Paid ₹50 to Anitha was wrongly debited to Vanitha account.
2. Sale of furniture for ₹500 was credited to sales account.
3. Purchased goods from Natarajan on credit for ₹750 was wrongly passed through sales book.

Answer:

Question 36.
From the following particulars of Siva and company, prepare a bank reconciliation statement as on 31^st December, 2017.

1. Credit balance as per cash book ₹12,000.
2. A cheque of ₹1,200 issued and presented for payment to the bank, wrongly credited in the cash book as ₹2,100.
3. Debit side of bank statement was undercast by ₹100.

Answer:
Bank Reconciliation Statement of Siva & company as on 31^st December, 2017

Question 37.
Enter the following transactions in a single column cash book of Seshadri for May, 2017?

Answer:

Question 38.
Prepare the trial balance from the following information:
Bank loan ₹3,00,000; Stock ₹2,70,000; Capital ₹2,50,000; Purchases ₹1,80,000; Debtors ₹4,00,000; ₹Sales 3,00,000.
Answer:

Question 39.
Prepare Anand’s account from the following data:

Answer:

Question 40.
Complete the followings:

Answer:
Completed informations:

PART – IV

Answer all the questions: [7 × 5 = 35]

Question 41 (a).
Mr. Vivek took a loan of ₹2,00,000 from State Bank of India, Chennai and number of installments is 84 months. Calculate the rate assuming payments ₹3,300 per month using appropriate function?
Answer:
Procedure:
1. Open a new spread sheet in MS – Excel

2. Enter values in the cells as given below

3. Compare RATE in the cell B6 by the formula
= RATE (B1, B2, B3, B4, B5) * 12
Answer 10%

[OR]

(b) From the following information, prepare bank reconciliation statement as on 31^st December, 2017 to find out the balance as per bank statement?

Answer:

Question 42 (a).
From the following information prepare an analytical Petty cash book under imprest system?

Answer:

[OR]

(b) Rectify the following errors assuming that the trial balance is yet to be prepared?

1. Sales book was undercast by ₹400.
2. Sales returns book was overcast by ₹500.
3. Purchases book was undercast by ₹600.
4. Purchases returns book was overcast by ₹700.
5. Bills receivable book was undercast by ₹800.

Answer:

1. Sales account should be credited with ₹400.
2. Sales returns account should be credited with ₹500.
3. Purchases account should be debited with ₹600.
4. Purchases returns account should be debited with ₹700.
5. Bills receivable account should be debited with ₹800.

Question 43 (a).
From the following transactions prepare three column cash book of Udhayakumar?

Answer:

[OR]

(b) Ramu Brothers purchased a machine on 1^st July 2016 at a cost of ₹14,000 and spent ₹1,000 on its installation. The firm writes off depreciation at 10% of original cost every year. The books are closed on 31^st December every year. Give journal entries and prepare machinery account and depreciation account for 2 years?
Answer:

Question 44 (a).
Prepare necessary subsidiary books in the books of Niranjan from the following transactions for the month of February, 2017?

Answer:

(b) Classify the following receipts into capital and revenue?

1. Sale proceeds of goods ₹75,000.
2. Loan borrowed from bank ₹2,50,000.
3. Sale of investment ₹1,20,000.
4. Commission received ₹30,000.
5. ₹1,400 wages paid in connection with the erection of new machinery.

Answer:

1. Revenue
2. Capital
3. Capital
4. Revenue
5. Capital

Question 45 (a).
Prepare the trial balance from the following balances of Babu as on 31^st March, 2016?

Answer:

(b) From the following information, prepare Profit & Loss account for the year ending 31^st December,2016?

Answer:

Question 46 (a).
Prepare Anand’s account from the following details?

Answer:

[OR]

(b) From the following adjustments, pass adjusting entries?

1. Outstanding wages ₹5,000.
2. Depreciation on machinery ₹1,000.
3. Interest on capital @ 5% on capital ₹20,000.
4. Interest on drawings ₹50.
5. Write off bad debts ₹500.

Answer:

Question 47 (a).
Pass Journal entries for the following transactions for the month of March, 2018?

Answer:

[OR]

(b) Prepare accounting equation from the following transactions and show balance sheet also?

1. Raj started business with cash ₹40,000.
2. Opened bank account with a deposit of ₹30,000.
3. Bought goods from Han on credit for ₹12,000
4. Raj withdrew cash for personal use ₹1,000.
5. Bought furniture by using debit card ₹10,000.

Answer:

Students can Download Tamil Nadu 11th Commerce Model Question Paper 5 English Medium Pdf, Tamil Nadu 11th Commerce Model Question Papers helps you to revise the complete Tamilnadu State Board New Syllabus, helps students complete homework assignments and to score high marks in board exams.

TN State Board 11th Commerce Model Question Paper 5 English Medium

General Instructions:

1. The question paper comprises of four parts.
2. You are to attempt all the parts. An internal choice of questions is provided wherever applicable.
3. All questions of Part I, II, III and IV are to be attempted separately.
4. Question numbers 1 to 20 in Part I are Multiple Choice Questions of one mark each.
   These are to be answered by choosing the most suitable answer from the given four alternatives and writing the option code and the corresponding answer
5. Question numbers 21 to 30 in Part II are two-mark questions. These are to be answered in about one or two sentences.
6. Question numbers 31 to 40 in Part III are three-mark questions. These are to be answered in above three to five short sentences.
7. Question numbers 41 to 47 in Part IV are five-mark questions. These are to be answered in detail Draw diagrams wherever necessary.

Time: 2:30 Hours
Maximum Marks: 90

PART – I

Choose the correct answer. Answer all the questions. [20 × 1 = 20]

Question 1.
The document which authorises to deliver the goods either in part or full is called …………………..
(a) Warehouse warrant
(b) Dock receipt
(c) Dock warrant
(d) None of these
Answer:
(c) Dock warrant

Question 2.
Which of the following is not correctly matched?
(a) Franchisee – An agent who buys the accounts receivables
(b) Factor – Trade mark of the seller
(c) Logistics – Knowledge process outsourcing
(d) BPO – Extension of transportation
Answer:
(d) BPO – Extension of transportation

Question 3.
WTO was established on ……………………..
(a) 1-1-1996
(b) 1-1-1997
(c) 1-1-1995
(d) 1-1-1994
Answer:
(c) 1-1-1995

Question 4.
Charter Party is a document related to which of the following transport?
(a) Air Transport
(b) Ocean Transport
(c) Railway Transport
(d) Motor transport
Answer:
(b) Ocean Transport

Question 5.
Charter party may also be known as ………………………
(a) Bill of lading
(b) Voyage charter
(c) Airway note
(d) Way bill
Answer:
(b) Voyage charter

Question 6.
Occupation of a bank official is …………………………
(a) Employment
(b) Business
(c) Profession
(d) Sole trader
Answer:
(a) Employment

Question 7.
Who is not an intermediary in the export trade from the following?
(a) Indent house
(b) Forwarding agent
(c) Commission agent
(d) Export trading house
Answer:
(a) Indent house

Question 8.
What is IGST?
(a) Integrated Goods and Services Tax
(b) Indian Goods and Services Tax
(c) Initial Goods and Services Tax
(d) All the above
Answer:
(a) Integrated Goods and Services Tax

Question 9.
Dock Receipt is a document issued by ………………………….
(a) Dock authorities
(b) Warehouse keeper
(c) Owner of the goods
(d) Manufacturer
Answer:
(a) Dock authorities

Question 10.
………………………… is not a type of general insurance.
(a) Marine insurance
(b) Life insurance
(c) Fidelity insurance
(d) Fire insurance
Answer:
(b) Life insurance

Question 11.
Trade middleman who acts as a link between wholesaler and customers refers to a ………………………..
(a) Producer
(b) Broker
(c) Retailer
(d) Customer
Answer:
(c) Retailer

Question 12.
……………………… are mobile traders who deal in low priced articles with no fixed place of business.
(a) Shopping malls
(b) Super markets
(c) Street stalls
(d) Itinerant traders
Answer:
(d) Itinerant traders

Question 13.
Public deposits are the deposits which are raised directly from ………………………
(a) The public
(b) The director
(c) The auditors
(d) The owners
Answer:
(a) The public

Question 14.
Income Tax is ………………………..
(a) A business tax
(b) A direct tax
(c) An indirect tax
(d) None of these
Answer:
(a) A business tax

Question 15.
Which bank has the power to issue bank notes?
(a) Central bank
(b) Commercial bank
(c) Co – operative banks
(d) Foreign banks
Answer:
(a) Central bank

Question 16.
The compensation given for a breach of contract is …………………………..
(a) Damage
(b) Remuneration
(c) Money
(d) Cheque
Answer:
(a) Damage

Question 17.
Which one of the following is not correctly matched?
(a) Sony Corporation – MNC
(b) Post and Telegraph – Departmental undertaking
(c) IDBI – Agricultural bank
(d) Steel Authority of India Ltd – Government company
Answer:
(c) IDBI – Agricultural bank

Question 18.
Find out which is not the classification of manufacturing Industries?
(a) Micro industries
(b) Synthetic industry
(c) Processing industry
(d) Assembling industry
Answer:
(a) Micro industries

Question 19.
Match List – I with List – II and select the correct answer using the codes given below:

List – I	List – II
(i) Indian Bank	1. Private sector bank
(ii) Karur vysya bank	2. Government company
(iii) Indian Airlines	3. Nationalised bank
(iv) Coal India Ltd	4. Public corporation

Answer:
Codes:

Question 20.
Socially responsible business provides goods at ……………………..
(a) High price
(b) Low price
(c) Reasonable price
(d) Moderate price
Answer:
(c) Reasonable price

PART – II

Answer any seven questions in which question No. 30 is compulsory. [7 × 2 = 14]

Question 21.
Give the meaning of crop insurance?
Answer:
This policy is to provide financial support to fanners in case of a crop failure due to drought or flood. It generally covers all risks of loss or damages relating to production of rice, wheat, millets, oil seeds and pulses etc.

Question 22.
Mention any four examples of public corporation?
Answer:
Examples of public corporation:

1. Life Insurance Corporation of India
2. The Indian Airlines
3. The Air India International
4. Food Corporation of India

Question 23.
What is meant by foreign bank?
Answer:
Banks which have registered office in a foreign country and branches in India are called foreign banks.

Question 24.
What is GATT?
Answer:
The General Agreement on Tariffs and Trade. (GATT) was signed at Geneva on 30th October 1947 by 23 countries. It came into effect on 1^st January 1948.

Question 25.
Describe any two advantages of water transport?
Answer:
Advantages of water transport:

1. It is the cheapest mode of transport.
2. It is most suitable for heavy loads.

Question 26.
A transport which is useful in hilly and remote areas. It is a means of transport in naval lifting device. What does it mean?
Answer:
It is the type of transport called pack animals. Animals like horse, mule, donkey, camel and elephant are known as pack animals. They are used for carrying small loads in backward areas, hilly tracks, forest regimes and deserts. They serve areas which are inaccessible to modem means of transport.

Question 27.
What is unlimited liability?
Answer:
The liability of the proprietor for the debts of the business is unlimited. The creditors have the right to recover their dues even from the personal property of the proprietor in case the business assets are not sufficient to pay their debts.

Question 28.
What are the services included in service business?
Answer:
Educational, medical, hospitality and banking are the services included in service businesses. Bank service is the nerve center of industry and commerce in a country.

Question 29.
What is meant by Marine Insurance?
Answer:
Marine insurance is a contract of insurance under which the insurer undertakes to indemnify the insured against marine losses. The insured pays the premium for the insurer’s guarantee to make good the looses arising from marine perils. Marine perils may be damage of ship, fire, etc.

Question 30.
What is credit co – operatives?
Answer:
Co – operative credit societies are societies formed for providing short-term financial help to their members. Agriculturists, artisans, industrial workers, salaried employees, etc., form these credit societies.

PART – III

Answer any seven questions in which question No. 40 is compulsory. [7 × 3 = 21]

Question 31.
The functions of commercial banks are:
(a) Primary functions
(b) Secondary functions. Secondary functions may be of agency and general utility functions? Describe any three utility services?
Answer:
General utility functions:

1. Accepting bills on behalf of customers: Banks accept bills on behalf of customers and make payments to the foreign exporter.
2. Issue of demand drafts and Banker’s cheques: Demand drafts and banker’s cheques are issued to the public and customers.
3. Safety lockers: Valuable documents, jewels can be kept in a vault provided by the bank for rent.

Question 32.
Goods are manufactured in one place and it may be demanded throughout the world. Goods may reach the consumers by a number of middlemen. Who is the first middleman in the trade? Explain any three features of that middleman?
Answer:
The first middleman in the trade or distribution is called wholesaler. A wholesaler buys goods directly from manufacturers and sells them to the retailers.

Features:

1. Wholesalers buy goods directly from producers.
2. Wholesalers buy goods in large quantities and sell in small quantities.
3. Wholesalers sell different varieties of a particular kind of product.

Question 33.
The importer places the order either directly or through an indent house. It is known as indent. Indent may be of three types. What are the three types of indents? Explain?
Answer:
There are three types of indent:

1. Open Indent: It gives complete freedom to exporter to choose type of goods, price, quality, method of packing, etc.
2. Closed Indent: It does not give any freedom to exporter. Importer specifies the type of goods, price, quality, etc.
3. Confirmatory Indent: An indent is to be confirmed by importer/his agent and the final indent is sent by importer thereafter.

Question 34.
Explain the differences between Direct tax and Indirect tax?
Answer:

Question 35.
Mention the importance of banking service?
Answer:
Banking service is the nerve center of industry and commerce in a country. It plays a vital role by providing the money required for their regular functioning and development. There are many types of banks rendering different types of services.

Question 36.
This organisation is useful to the farmers in a village. It helps in the purpose of cultivation. Identify the form of organisation and briefly explain about it?
Answer:
This form of organisation is ‘co-operative farming societies’. The societies in a village collect their land together for the purpose of cultivation, purchase the inputs for cultivation and market the crops for the sales.

Question 37.
State the meaning of retail trade?
Answer:
Retail trade deals with the distribution of goods in small quantities to the end consumers. It represents the final stage in the distribution where goods are transferred from the hands of manufacturers or wholesalers to the users. If the sales are made directly to the end consumers it will be considered as retailing.

Question 38.
What is the classification of foreign trade?
Answer:
Types of Foreign Trade:

1. Import Trade: Import trade means buying goods from a foreign country for domestic use.
2. Export Trade: Export trade means the sale of domestic goods to foreign countries.
3. Entrepot Trade: Entrepot trade means importing of goods from one country and exporting the same to foreign countries.

Question 39.
What are the various rules regarding damages?
Answer:
Generally in the following cases, the court grants specific performance:

1. When the act agreed to be done is such that compensation in money for its non-performance is not sufficient.
2. When it is probable that compensation in money cannot be received for the non-performance of the act agreed to be done.
3. When there is no standard for ascertaining the actual damage caused by the non-performance of the act agreed to be done.

Question 40.
The scheme was introduced by the RBI in August 1996. These are small private sector banks established in rural and semi urban areas. What is the name of the bank? Explain?
Answer:
Local Area Bank (LAB) scheme was introduced by the RBI in August 1996. LABs are small private sector banks established in rural and semi-urban areas. Each bank serves two or three adjoining districts only. Their main objective is to mobilise rural savings (accept deposits) and invest them in the same areas.

Examples:

1. Coastal Local Area Bank, Vijayawada, Andhra Pradesh.
2. Subhadra Local Area Bank Limited, Kolhapur, Maharashtra

PART – IV

Answer all the questions. [7 × 5 = 35]

Question 41.
(a) Discuss the advantages of transport?
Answer:
Advantages of railway transport:

1. Railways are well suited for carrying heavy and bulky goods over long distances.
2. It can provide long distance travel throughout the day and night with unbroken services.

Advantages of inland waterways:

1. It is considered as the cheapest mode of transport among the other modes of transport.
2. It is most suitable for heavy loads.

Advantages of air transport:

1. It provides a regular, convenient, efficient and quick service.
2. Perishable goods like fruits, vegetables, egg, meat, etc., can be transported quickly.

[OR]

(b) Discuss the causes of risk?
Answer:
Business risk arises due to a variety of causes which are classified as follows:
1. Natural Causes:
Human beings have little control over natural calamities like flood, earthquake, lightning, heavy rains, famine, etc. These result in heavy loss of life, property, and income in business.

2. Human Causes:
Human causes include such unexpected events like dishonesty, carelessness or negligence of employees, stoppage of work due to power failure, strikes, riots, management inefficiency, etc.

3. Economic Causes:
These include uncertainties relating to demand for goods, competition, price, collection of dues from customers, change of technology or method of production, etc. Financial problems like rise in interest rate for borrowing, levy of higher taxes,, etc., also come under this type of causes as they result in higher unexpected cost of operation of business.

4. Other Causes:
These are unforeseen events like political disturbances, mechanical failures such as the bursting of boiler, fluctuations in exchange rates, etc. which lead to the possibility of business risks.

Question 42 (a).
Sole proprietorship is a form of business organisation in which an individual introduces his own capital, uses his own skill and intelligence in the management of the business? Explain the characteristics of a sole trader?
Answer:
Business owned and controlled by a single person is known as sole trading business.

The following are the characteristics of a sole trader:

1. Ownership by one man: This is owned by single person. The sole trader contributes the required capital.
2. Freedom of work and Quick decisions: The sole trader is the owner, so he need not consult with others. Hence he can take quick decision.
3. Unlimited liability: When his business assets are not sufficient to pay off the business debts he has to pay from his personal property.
4. Enjoying Entire Profit: All the benefits earned by the sole trader is enjoyed by him alone.
5. Absence of Government Regulation: A sole trading concern is free from Government regulations. No legal formalities are to be observed in its formation and management.
6. Maintenance of Secrecy: Since the trader manages all the affairs of the business, the secrecy can be maintained easily.

[OR]

(b) Partnership is the relation between persons who have agreed to share the profits of a business carried on by all. It is the result of an agreement. Closing of business is also by an agreement. It is called Dissolution of Partnership. Explain the dissolution of partnership firm without the order of the court?
Answer:
Dissolution of a partnership firm takes place in two ways:

1. Without the order of the court and
2. By the order of the court

1. Without the order of the court:

1. By agreement or mutual consent: A firm may be dissolved when all the partners agree to close the affairs of the firm.
2. By insolvency of all the partners but one: If any one of the partners is adjudged as insolvent, it is necessary to dissolve the firm.
3. When the objective becomes illegal: When the business carried on by the partnership becomes illegal, the partnership firm is automatically dissolved.
4. By notice of dissolution: In the case of partnership at will, if any partner gives in writing to close the firm, the firm will be dissolved.
5. On certain contingencies:
   • On the expiry of the period of the firm.
   • On the completion of a business.
   • On the death of a partner.
   • On the retirement of a partner.
   • On the insolvency of a partner.

Question 43 (a).
What are the features of public corporation?
Answer:
1. Special Statute:
A public corporation is created by a special Act of the Parliament or the State Legislature. The Act defines its powers, objectives, functions and relations with the ministry and the Parliament (or State Legislature).

2. Separate Legal Entity:
A public corporation is a separate legal entity with perpetual succession and common seal It has an existence, independent of the Government. It can own property; can make contracts and file suits, in its own name.

3. Capital Provided by the Government:
The capital of a public corporation is provided by the Government or by agencies controlled by the government. However, many public corporations have also begun to raise money from the capital market.

4. Financial Autonomy:
A public corporation enjoys financial autonomy. It prepares its own budget; and has authority to retain and utilize its earnings for its business.

5. Management by Board of Directors:
Its management is vested in a Board of Directors, appointed or nominated by the Government. But there is no Governmental interference in the day-to-day working of the corporation.

[OR]

(b) Partnership is formed according to Partnership Act. There are various kinds of partners based on capital and administration. Explain any five kinds of partners?
Answer:
Partnership is formed by agreement. In this partnership, the member in a firm is called as partner. There are various kinds of partners. They are as follows:

1. Active partner:
A partner who takes an active part in the conduct of the partnership business is known as an active partner.

2. Sleeping or Dormant partner:
A partner contributes capital and shares in the profits or losses of the firm, but does not take part in the management of the business is known as sleeping partner.

3. Nominal partner:
Such a partner neither contributes any capital nor is he entitled to manage the affairs of the business. He lends only his name to strengthen the firm.

4. Partner in profits only:
When a person joins a firm as a partner on the condition that he is entitled to share profits in the firm, he is called as a partner in profits only.

5. Secret partner:
A secret partner is one whose association is not known to the general public.

Question 44 (a).
Explain various types of insurance?
Answer:
Insurance covers various types of risks. All contract of insurance can be broadly classified as follows:

1. Life Insurance (or) Life Assurance
2. Non – life Insurance (or) General Insurance

It can be further classified into:

1. Fire Insurance
2. Marine Insurance
3. Health Insurance and
4. Miscellaneous Insurance

1. Life Insurance:
Life Insurance may be defined as a contract in which the insurance company called insurer undertakes to insure the life of a person called assured in exchange of a sum of money called premium which may be paid in one lump sum or monthly, quarterly, half yearly or yearly and promises to pay a certain sum of money either on the death of the assured or on expiry of certain period.

2. Non – Life Insurance or General insurance:
It refers as the insurance not related to human but related to properties.

3. Fire Insurance:
Fire insurance is a contract whereby the insurer, in consideration of the premium paid, undertakes to make good any loss or damage caused by a fire during a specified period upto the amount specified in the policy.

4. Marine Insurance:
Marine insurance is a contract of insurance under which the insurer undertakes to indemnify the insured in the manner and to the extent thereby agreed against marine losses. The insured pays the premium in consideration of the insurer’s (underwriter’s) guarantee to make good the losses arising from marine perils or perils of the sea.

5. Health Insurance:
In mid 80’s, most of the hospitals in India were government owned and treatment was free of cost. With the advent of Private Medical Care, the need for Health Insurance was felt and various Insurance Companies introduced Health Insurance as a Product. Presently the health insurance exists primarily in the form of ‘Mediclaim policy’.

[OR]

(b) Explain the functions of retailers?
Answer:

1. Buying: A retailer buys a wide variety of goods from different wholesalers after estimating customer’s demand.
2. Storage: A retailer maintains a ready stock of goods and displays them in the shop.
3. Selling: The retailer sells the goods in small quantities according to the demand taste and preference of consumers.
4. Grading and Packing: The retailer grades the goods which are not graded by manufacturers and wholesalers.
5. Risk – bearing: A retailer always keeps stock of goods in anticipation of demand and bears the risk of loss due to fire, theft, spoilage, price fluctuations, etc.
6. Transportation: Retailers often carry goods from manufacturers to their retail outlets.
7. Financing: Some retailers grant credit facilities to his customers and provide the facility of return or exchange of goods.

Question 45 (a).
Explain any four personal investment avenues?
Answer:
1. Public Provident Fund (PPF):
It is the safest long – term investment option for the investors in India. It is totally tax – free. PPF account can be opened in bank or post office. The money deposited cannot be withdrawn before 15 years and an investor can earn compound interest from this account.

However the investor can extend the time frame for the next five years if the investor does not opt to withdraw the amount matured for payment at maturity date. PPF investor can take loan against PPF account when he/she experiences financial difficulties.

2. Mutual Funds:
An individual investor who wants to invest in equities and bond with a balance of risk and return generally can invest in mutual funds. Nowadays people invest in stock markets through a mutual fund. Systematic investment plan is one of the best investment options in India.

3. Direct Equity or Share Purchase:
An individual can opt for investment in shares. But he has to analyse the market price of various shares traded in stock exchange, reputation of the company, consistency in the payment of dividend, the nature of the project undertaken by the company, growth prospects of industry in which a company is operating, before investing in shares. If the investment is made for a long time, it may yield good return.

4. Real Estate Investment:
Real estate is one of the fastest growing sectors in India. Buying a flat or plot is supposed to be the best decision amongst the investment options. The value of the real asset may increase substantially depending upon the area of location and other support facilities available therein.

[OR]

(b) Explain any four warehousing documents?
Answer:
Warehouses means a place where goods are stored for future use. For keeping the goods, the various documents are needed; they are as follows:

1. Warehousing Warrants: It is a document issued in favour of goods by the warehouse keeper. It is also used as a document of title to goods.
2. Warehouse Keeper’s receipt: It is a document issued by the warehouse keeper, which acknowledges there receipt of goods from the owner of the goods.
3. Dock Warrant: Dock warrant is a document of title of goods issued by the dock authorities. This document certifies that the dock authorities hold the goods.
4. Dock Receipt: Dock receipt is an acknowledgement of receipt of goods issued by the dock authorities to the owner of the goods. It is not a document of title to goods.
5. Delivery Order: This is a document through which the depositor directs the warehouse keepers to deliver the goods to the party mentioned in the document.

Question 46 (a).
Industry means, which is connected with conversion of raw materials into finished goods. It may be of various types. Explain: (a) Analytical industry (b) Genetic industry and (c) Construction industry?
Answer:

1. Analytical Industry: It analyses and separates different elements from the same materials, as in the case of oil refinery.
2. Genetic Industries: These industries remain engaged in breeding plants and animals for their use in further reproduction. The seeds, nursery companies, poultry, diary, piggery, hatcheries, nursery, fisheries, apiary etc are classic examples of genetic industries.
3. Construction Industries: These industries are involved in the ,construction of building, dams, bridges, roads, as well as tunnels and canals.

[OR]

(b) Explain the procedure for the registration of partnership firm?
Answer:

1. Name of the firm.
2. The principal place of business.
3. Name of other places where the firm carried on business.
4. Names and addresses of all the partners.
5. The date on which each partner joined the firm.
6. The duration of the firm.

This statement signed by all the partners should be produced to the Registrar of Firms along with the necessary registration fee of Rs.3. Any change in the above particulars must be communicated to the Registrar within 14 days of such alteration.

Question 47 (a).
Partnership is formed by agreement. It is desirable to have a written agreement. What is the name of the agreement? Explain the contents of it?
Answer:

1. Name: Name of the Firm.
2. Nature of Business: Nature of the proposed business to be carried on by the partners.
3. Duration of Partnership: Duration of the partnership business whether it is to be run for a fixed period of time or whether it is to be dissolved after completing a particular venture,
4. Capital Contribution: The capital is to be contributed by the partners. It must be remembered that capital contribution is not necessary to become a partner for, one contribute his organizing power, business acumen, managerial skill etc., instead of capital.
5. Withdrawal from the Firm: The amount that can be withdrawn from the firm by each partner.
6. Profit/Loss Sharing: The ratio in which the profits or losses are to be shared. If the profit sharing ratio is not specified in the deed, all the partners must share the profits and bear the losses equally.
7. Interest on Capital: Whether any interest is to be allowed on capital and if so, the rate of interest.
8. Rate of Interest on Drawing: Rate of interest on drawings, if any.
9. Loan from Partners: Whether loans can be accepted from the partners and if so the rate of interest payable thereon.
10. Account Keeping: Maintenance of accounts and audit.
11. Salary and Commission to Partners: Amount of salary or commission payable to partners for their services. (Unless this is specifically provided, no partner is entitled to any salary).
12. Retirement: Matters relating to retirement of a partner. The arrangement to be made for paying out the amount due to a retired or deceased partner must also be stated.
13. Goodwill Valuation: Method of valuing goodwill on the admission, death or retirement of a partner.
14. Distribution of Responsibility: Distribution of managerial responsibilities. The work that is entrusted to each partner is better stated in the deed itself.
15. Dissolution Procedure: Procedure for dissolution of the firm and the mode of settlement of accounts thereafter.
16. Arbitration of Dispute: Arbitration in case of disputes among partners. The deed should provide the method for settling disputes or difference of opinion. This clause will avoid costly litigations.

[OR]

(b) Explain any five principles of co – operatives?
Answer:
1. Voluntary and Open Membership:
Co – operatives are voluntary organisations, open to all people able to use its services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination.

2. Democratic Member Control:
Co – operatives are democratic organisations controlled by their members those who buy the goods or use the services of the co – operative who actively participate in setting policies and making decisions.

3. Member’s Economic Participation:
Members contribute equally to, and democratically control, the capital of the co – operative. This benefits members in proportion to the business they conduct with the co-operative rather than on the capital invested.

4. Autonomy and Independence:
Co – operatives are autonomous, self – help organisations controlled by their members. If the co – operative enters into agreements with other organisations or raises capital from external sources, it is done so based on terms that ensure democratic control by the members and maintains the co – operative’s autonomy.

5. Education, Training, and Information:
Co – operatives provide education and training for members, elected representatives, managers and employees so they can contribute effectively to the development of their cooperative. Members also inform the general public about the nature and benefits of cooperatives.

Students can Download Tamil Nadu 11th Biology Model Question Paper 2 English Medium Pdf, Tamil Nadu 11th Biology Model Question Papers helps you to revise the complete Tamilnadu State Board New Syllabus, helps students complete homework assignments and to score high marks in board exams.

TN State Board 11th Biology Model Question Paper 2 English Medium

General Instructions:

1. 1. The question paper comprises of four parts. Questions for Botany and Zoology are asked separately.
   2. You are to attempt all the parts. An internal choice of questions is provided wherever applicable.
   3. All questions of Part I, II, III and IV are to be attempted separately.
   4. Question numbers 1 to 8 in Part I are Multiple Choice Questions of one mark each. These are to be answered by choosing the most suitable answer from the given four alternatives and writing the option code and the corresponding answer.
   5. Question numbers 9 to 14 in Part II are two-marks questions. These are to be answered in about one or two sentences.
   6. Question numbers 15 to 19 in Part III are three-marks questions. These are to be answered in about three to five short sentences.
   7. Question numbers 20 and 21 in Part IV are five-marks questions. These are to be answered in detail. Draw diagrams wherever necessary.

Time: 3:00 Hours
Maximum Marks: 70

Bio – Botany [Maximum Marks: 35]

PART – I

Answer all the questions. Choose the correct answer. [8 × 1 = 8]

Question 1.
Red sea is red colour due to ……………………
(a) Dermacarpa sps
(b) Trichodesmium sps
(c) Scytonema sps
(d) Gloeocapsa sps.
Answer:
(b) Trichodesmium sps

Question 2.
Sago is obtained from …………………..
(a) Cycas revoluta
(b) Pinus roxburghil
(c) Pinus insularis
(d) Cedrus deodara
Answer:
(a) Cycas revoluta

Question 3.
Plants growing on the water surface are called as …………………… type of aquatic plants.
(a) Emergent
(b) Submerged
(c) Free floating
(d) Mangroves
Answer:
(c) Free floating

Question 4.
Synapsis occur between
(a) mRNA and ribosomes
(b) Spindle fibres and centromeres
(c) Two homologous chromosomes
(d) A male and a female gamete
Answer:
(c) Two homologous chromosomes

Question 5.
An example of feedback inhibition is ………………………
(a) Cyanide action on cytochrome
(b) Sulpha drug on folic acid synthesiser bacteria
(c) Allosteric inhibition of hexokinase by glucose-6-phosphate
(d) The inhibition of succinic dehydrogenase by malonate
Answer:
(c) Allosteric inhibition of hexokinase by glucose-6-phosphate

Question 6.
Rubber is a …………………..
(a) Latex
(b) Resin
(c) Alkaloid
(d) Drug
Answer:
(a) Latex

Question 7.
Identify the correct statement:
(I) Sulphur is essential for amino acids Cystine and Methionine
(II) Low level of N, K, S and Mo affect the cell division
(III) Non-leguminous plant Aims which contain bacterium Frankia
(IV) Denitrification carried out by Nitrosomonas and Nitrobacter
(a) (I), (II) are correct
(b) (I), (II), (III) are correct
(c) (I) only correct
(d) All are correct
Answer:
(b) (I), (II), (III) are correct

Question 8.
Which step is irrelevant with respect to aerobic respiration?
(a) Glycolysis
(b) Pyruvate oxidate
(c) Fermentation
(d) TCA cycle
Answer:
(c) Fermentation

PART – II

Answer any four of the following questions. [4 × 2 = 8]

Question 9.
How milk is changed into curd, if a few drops of curd is added to it? What is the reason for its sourness?
Answer:
The change is brought by Lactobacillus lactis, a bacterium present in the curd. The sourness is due to the formation of lactic acid.

Question 10.
What are pyrenoids? Mention its role?
Answer:
Pyrenoids are proteinaceous bodies found in chromatophores of algae and assist in the synthesis and storage of starch.

Question 11.
From which type of flowers does the aggregate fruit develops?
Answer:
Aggregate fruits develop from a single flower having an apocarpous pistil. Each of the free carpel is develops into a simple fruitlet. A collection of simple fruitlets makes an aggregate fruit.

Question 12.
Define magnification. How will you calculate it?
Answer:
The optical increase in the size of an image is called magnification. It is calculated by the following formula;
Magnification =

Question 13.
Define Diffusion Pressure Deficit (DPD)?
Answer:
The difference between the diffusion pressure of the solution and its solvent at a particular . temperature and atmospheric pressure is called as Diffusion Pressure Deficit (DPD).

Question 14.
Name the two forms of phycobilins and also give an example?
Answer:
Phycobilins exists in two form. They are:

1. Phycocyanin found in Cyanobacteria.
2. Phycoerythrin found in red algae.

PART – III

Answer any three questions in which question number 19 is compulsory. [3 × 3 = 9]

Question 15.
Do you think shape of chloroplast is unique for algae? Justify your answer?
Answer:
Variation among the shape of the chloroplast is found in members of algae. It is Cup shaped (Chlartiydomonas), Discoid (Chara), Girdle shaped (Ulothrix), reticulate (Oedogonium), spiral (Spirogyra), stellate (Zygnema) and plate like (Mougeoutia).

Question 16.
Name few molecular markers used in molecular taxonomy?
Answer:
Allozymes, mitochondrial DNA, micro satellites, RFLP (Restriction Fragment Length Polymorphism), RAPD (Random amplified polymorphic DNA), AFLPs (Amplified Fragment Length Polymorphism), Single nucleotide Polymorphism – SNP, microchips or arrays.

Question 17.
List out the criteria for being as essential minerals?
Answer:
Amon and Stout (1939) gave criteria required for essential minerals:

1. Elements necessary for growth and development.
2. They should have direct role in the metabolism of the plant.
3. It cannot be replaced by other elements.
4. Deficiency makes the plants impossible to complete their vegetative and reproductive phase.

Question 18.
Draw a simplified diagram showing the various regions of root?
Answer:

Question 19.
What do you mean by the term – Basipetal transport and Acropetal transport?
Answer:
Basipetal means transport through phloem from shoot to root and acropetal means transport through xylem from root to shoot.

PART – IV

Answer all the questions. [2 × 5 = 10]

Question 20.
Describe in detail about the lytic cycle of phages with diagram?
Answer:
Lytic cycle:
During lytic cycle of phage, disintegration of host bacterial cell occurs and the progeny virions are released. The steps involved in the lytic cycle are as follows:

(I) Adsorption:
Phage (T₄) particles interact with cell wall of host (E coli). The phage tail makes contact between the two, and tail fibres recognize the specific receptor sites present on bacterial cell surface. The lipopolysaccharides of tail fibres act as receptor in phages.

The process involving the recognition of phage to bacterium is called landing. Once the contact is established between tail fibres of phage and bacterial cell, tail fibres bend to anchor the pins and base plate to the cell surface. This step is called pinning.

(II) Penetration:
The penetration process involves mechanical and enzymatic digestion of the cell wall of the host. At the recognition site phage digests certain cell wall structure by viral enzyme (lysozyme). After pinning the tail sheath contracts (using ATP) and appears shorter and thicker.

After contraction of the base plate enlarges through which DNA is injected into the cell wall without using metabolic energy. The step involving injection of DNA particle alone into the bacterial cell is called Transfection. The empty protein coat leaving outside the cell is known as ‘ghost’.

(III) Synthesis:
This step involves the degradation of bacterial chromosome, protein synthesis and DNA replication. The phage nucleic acid takes over the host biosynthetic machinery. Host DNA gets inactivated and breaks down.

Phage DNA suppresses the synthesis of bacterial protein and directs the metabolism of the cell to synthesis the proteins of the phage particles and simultaneously replication of phage DNA also takes place.

(IV) Assembly and Maturation:
The DNA of the phage and protein coat are synthesized separately and are assembled to form phage particles. The process of assembling the phage particles is known as maturation. After 20 minutes of infection about 300 new phages are assembled.

(V) Release:
The phage particle gets accumulated inside the host cell and are released by the lysis of the host cell wall.

[OR]

Draw a flow chart depicting the Bentham and Hooker Classification?
Answer:

Question 21.
With the help of diagram explain the possible route of water across root cells?
Answer:
There are three possible routes of water.
They are:-

1. Apoplast
2. Symplast and
3. Transmembrane route.

1. Apoplast:
The apoplast (Greek: apo = away; plast = cell) consists of everything external to the plasma membrane of the living cell. The apoplast includes cell walls, extra cellular spaces and the interior of dead cells such as vessel elements and tracheids.

In the apoplast pathway, water moves exclusively through the cell wall or the non-living part of the plant without crossing any membrane. The apoplast is a continuous system.

2. Symplast:
The symplast (Greek: sym = within; plast = cell) consists of the entire mass of cytosol of all the living cells in a plant, as well as the plasmodesmata, the cytoplasmic channel that interconnects them.

In the symplastic route, water has to cross plasma membrane to enter the cytoplasm of outer root cell; then it will move within adjoining cytoplasm through plasmodesmata around the vacuoles without the necessity to cross more membrane, till it reaches xylem.

3. Transmembrane route:
In transmembrane pathway water sequentially enters a cell on one side and exits from the cell on the other side. In this pathway, water crosses at least two membranes for each cell. Transport across the tonoplast is also involved.

Mechanism of Water Absorption Kramer (1949) recognized two distinct mechanisms which independently operate in the absorption of water in plants. They are,

1. Active absorption
2. Passive absorption.

[OR]

Explain the types of parasitic mode of nutrition in angiosperms?
Parasitic mode of nutrition in angiosperms:
Answer:
Organisms deriving their nutrient from another organism (host) and causing disease to the host are called parasites.

a. Obligate or Total parasite – Completely depends on host for their survival and produces haustoria.

(I) Total stem parasite:
The leafless stem twine around the host and produce haustoria. Example: Cuscuta (Dodder), a rootless plant growing on Zizyphns, Citrus and so on.

(II) Total root parasite:
They do not have stem axis and grow in the roots of host plants produce haustoria. Example: Rajflesia, Orobanche and Balanophora.

b. Partial parasite – Plants of this group contain chlorophyll and synthesize carbohydrates. Water and mineral requirements are dependent on host plant.

(I) Partial Stem Parasite:
Example: Loranthus and Viscum (Mistletoe) Loranthus grows on fig and mango trees and absorb water and minerals from xylem.

(II) Partial root parasite:
Example: Santalum album (Sandal wood tree) in its juvenile stage produces haustoria which grows on roots of many plants.

Bio – Zoology [Maximum marks: 35]

PART – I

Answer all the questions. Choose the correct answer. [8 × 1 = 8]

Question 1.
Which is not a unit of taxonomic category?
(a) Series
(b) Glumaceae
(c) Class
(d) Phylum
Answer:
(b) Glumaceae

Question 2.
Study of ticks and mites is ……………………
(a) Acarology
(b) Entomology
(c) Malacology
(d) Carcinology
Answer:
(a) Acarology

Question 3.
Match the List – I and List – II.

List – I	List – II
1. Silver fish	(i) Book lung
2. Scorphion	(ii) Pharyngeal gills
3. Sea squirt	(iii) Lungs
4. Dolphin	(iv) Trachea

Answer:
(a) 1 – (iv), 2 – (i), 3 – (iii), 4 – (ii)
(b) 1 – (iv), 2 – (i), 3 – (ii), 4 – (iii)
(c) 1 – (i), 2 – (iii), 3 – (iv), 4 – (ii)
(d) 1 – (i), 2 – (iv), 3 – (iii), 4 – (ii)

Question 4.
MSH stands for ……………………
(a) Melanocyte stimulating hormone
(b) Malic stimulating hormone
(c) Myosin stimulating hormone
(d) Metabolic stimulating hormone
Answer:
(a) Melanocyte stimulating hormone

Question 5.
Which of the following is an correct statement?
(a) Ehler’s – Danlos syndrome – Affects collagen and results in facial abnormalities.
(b) Rhabdomyosarconca – Life threatening soft tissue tumour of head, neck and urinogenital tract.
(c) Rheumatoid arthritis – Progressive inability to secrete saliva and tears.
(d) Alzheiner’s disease – A degenerative disorder of the nervous system that affects movement often including tremors.
Answer:
(b) Rhabdomyosarconca – Life threatening soft tissue tumour of head, neck and urinogenital tract.

Question 6.
Which of the following is an incorrect statement?
(a) The functions of frontal region are Behaviour, intelligence, memory and movement.
(b) The functions of parietal region is intelligence and memory.
(c) The functions of temporal region are speech, hearing and memory.
(d) The functions of occipital region is visual processing.
Answer:
(b) The functions of parietal region is intelligence and memory.

Question 7.
Synovial fluid is present in …………………….
(a) Spinal cavity
(b) Cranial activity
(c) Freely movable joints
(d) Fixed joints
Answer:
(c) Freely movable joints

Question 8.
Glands responsible for secreting tears are ………………………….
(a) Glands of moll
(b) Lacrimal glands
(c) Meibomian glands
(d) Glands of Zeis
Answer:
(b) Lacrimal glands

PART – II

Answer any four of the following questions. [4 × 2 = 8]

Question 9.
Why are spongin and spicules important to a sponge?
Answer:
Spongin and spicules provide support and supports the soft body parts of the sponges. The spicules give the sponges rigidity and form to the sponges.

Question 10.
What is water vascular system?
Answer:
The system which helps in nutrition and respiration in echinoderms is called water vascular system. Water enters into the body through special organs.

Question 11.
Difference between chordates and non-chordates?
Answer:

S.No	Chordates	Non-Chordates
1.	Notochord is present.	Absence of notochord.
2.	Pharynx perforated by gill slits.	Gill slits absent.
3.	A post anal tail is present.	Post anal tail is absent.

Question 12.
Draw the diagram of head region of Periplaneta americana?
Answer:

Question 13.
Name the different types of movement?
Answer:

1. Amoeboid movement.
2. Ciliary movement.
3. Flagellar movement.
4. Muscular movement.

Question 14.
What is endomysium?
Answer:
The connective tissue surrounding the muscle fibre is called the endomysium.

PART – III

Answer any three questions in which question number 19 is compulsory. [3 × 3 = 9]

Question 15.
What are the classical taxonomical tools?
Answer:
Taxonomical tools are the tools for the study of classification of organisms.
They include:-

Taxonomical keys:
Keys are based on comparative analysis of the similarities and dissimilarities of organisms. There are separate keys for different taxonomic categories.

Museum:
Biological Museums have collection of preserved plants and animals for study and ready reference. Specimens of both extinct and living organisms can be studied.

Zoological parks:
These are places where wild animals are kept in protected environments under human care. It enables us to study their food habits and behavior.

Marine parks:
Marine organisms are maintained in protected environments.

Printed taxonomical tools:
It consist of identification cards, description, field guides and manuals.

Question 16.
Differentiate Ehler’s – Danlos syndrome and stickler syndrome?
Answer:
Ehler’s – Danlos syndrome is the defect in the synthesis of collagen in the joints, heart valves, organ walls and arterial walls:
Stickler syndrome is a group of hereditary conditions affecting collagen and results in facial abnormalities.

Question 17.
Define Purkinje fibres?
Answer:
Two special cardiac muscle fibres originate from the auriculo ventricular node and are called the bundle of his which runs down into the interventricular septum and the fibres spread into the ventricles. These fibres are called the Purkinje fibres.

Question 18.
Draw the diagram of pelvic girdle with lower limb?
Answer:

Question 19.
What are the symptoms of acromegaly?
Answer:
Acromegaly is caused due to excessive secretion of growth hormone in adults. The symptoms of acromegaly are:

1. Overgrowth of hand bones, feet bones, jaw bones.
2. Malfunctioning of gonads.
3. Enlargement of viscera, tongue, lungs, heart, liver, splean and endocrine glands like thyroid, or adrenal glands.

PART – IV

Answer all the questions. [2 × 5 = 10]

Question 20.
Describe the digestive system of Lamipto mauritii?
Answer:
The digestive system of the earthworm consists of the alimentary canal and the digestive glands. The alimentary canal runs as a straight tube throughout the length of the body from the mouth to anus.

The mouth opens into the buccal cavity which occupies the 1s^stand 2^2nd segments. The buccal cavity leads into a thick muscular pharynx,which occupies the 3^rd and 4^th segments and is surrounded by the pharyngeal glands.

A small narrow tube, oesophagus lies in the 5^th segment and continues into a muscular gizzard in the 6^th segment. The gizzard helps in the grinding of soil particles and decaying leaves. Intestine starts from the 7^th segment and continues till the last segment.

The dorsal wall of the intestine is folded into the cavity as the typhlosole. This fold contains blood vessels and increases the absorptive area of the intestine. The imier epithelium consists of columnar cells and glandular cells. The alimentary canal opens to the exterior through the anus.

The ingested organic rich soil passes through the digestive tract where digestive enzymes breakdown complex food into smaller absorbable units. The simpler molecules are absorbed through the intestinal membrane and are utilized.

The undigested particles along with earth are passed out through the anus, as worm castings or vermicasts. The pharyngeal or salivary gland cells and the glandular cells of the intestine are supposed to be the digestive glands which secrete digestive enzymes for digestion of food.

[OR]

What are the effects of smoking?
Answer:
Today due to curiosity, excitement or adventure youngsters start to smoke and later get addicted to smoking. Research says about 80% of the lung cancer is due to cigarette smoking. Smoking is inhaling the smoke from burning tobacco. There are thousands of known chemicals which includes nicotine, tar, carbon monoxide, ammonia, sulphur-dioxide and even small quantities of arsenic.

Carbon monoxide and nicotine damage the cardiovascular system and tar damages the gaseous exchange system. Nicotine is the chemical that causes addiction and is a stimulant which makes the heart beat faster and the narrowing of blood vessels results in raised blood pressure and coronary heart diseases.

Presence of carbon monoxide reduces oxygen supply. Lung cancer, mouth cancer and larynx is more common in smokers than non – smokers. Smoking also causes cancer of the stomach, pancreas and bladder and lowers sperm count in men.

Smoking can cause lunb diseases by damaging the airways and alveoli and results in emphysema and chronic bronchitis. These two diseases along with asthma are often referred as Chronic Obstructive Pulmonary Disease (COPD).

When a person smokes, nearly 85% of the smoke released is inhaled by the smoker himself and others in the vicinity, called passive smokers, are also affected. Guidance or counselling should be done in such users to withdraw this habit.

Question 21.
Explain the structure of spinal cord?
Answer:
The spinal cord is a long, slender, cylindrical nervous tissue. It is protected by the vertebral column and surrounded by the three membranes as in the brain. The spinal cord that extends from the brain stem into the vertebral canal of the vertebral column up to the level of 1^st or 2^2nd lumbar vertebra.

So the nerve roots of the remaining nerves are greatly elongated to exit the vertebral column at their appropriate space. The thick bundle of elongated nerve . roots within the lower vertebral canal is called the cauda equina (horse’s tail) because of its appearance.

In the cross section of spinal cord, there are two indentations: the posterior median sulcus and the anterior median fissure. Although there might be slight variations, the cross section of spinal cord is generally the same throughout its length. In contrast to the brain, the grey matter in the spinal cord forms an inner butterfly shaped region surrounded by the outer white matter.

The grey matter consists of neuronal cell bodies and their dendrites, intemeurons and glial cells. White matter consists of bundles of nerve fibres. In the center of the grey matter there is a central canal which is filled with CSF. Each half of the grey matter is divided into a dorsal horn, a ventral hom and a lateral horn.

The dorsal horn contains cell bodies of interneurons on which afferent neurons terminate. The ventral hom contains cell bodies of the efferent motor neurons supplying the skeletal muscle. Autonomic nerve fibres, supplying cardiac and smooth muscles and exocrine glands, originate from the cell bodies found in the lateral horn.

In the white matter, the bundles of nerve fibres form two types of tracts namely ascending tracts which carry’ sensory impulses to the brain and descending tracts which carry motor impulses from the brain to the spinal nerves at various levels of the spinal cord. The spinal cord shows two enlargements,one in the cervical region and another one in the lumbosacral region. The cervical enlargement serves the upper limb and lumbar enlargement serves the lower limbs.

[OR]

What are the stages involved in rearing of chicken?
Answer:
Stages involved in rearing:
There are some steps involved in rearing of chicken.

1. Selection of the best layer:
An active intelligent looking bird, with a bright comb, not obese should be selected.

2. Selection of eggs for hatching:
Eggs should be selected very carefully. Eggs should be fertile, medium sized, dark brown shelled and freshly laid eggs are preferred for rearing. Eggs should be washed, cleaned and dried.

3. Incubation and hatching:
The maintenance of newly laid eggs in optimum condition till hatching is called incubation. The fully developed chick emerges out of egg after an incubation period of 21 – 22 days.

There are two types of incubation namely natural incubation and artificial incubation. In the natural incubation method, only a limited number of eggs can be incubated by a mother hen. In artificial incubation, more number of eggs can be incubated in a chamber (Incubator).

4. Brooding:
Caring and management of young chicks for 4 – 6 weeks immediately after hatching is called brooding. It can also be categorized into two types namely natural and artificial brooding.

5. Housing of Poultry:
To protect the poultry from sun, rain and predators it is necessary to provide housing to poultry. Poultry house should be moisture proof, rat proof and it should be easily cleanable and durable.

6. Poultry feeding:
The diet of chicks should contain adequate amount of water,carbohydrates, proteins, fats, vitamins and minerals.

Students can Download Tamil Nadu 11th Chemistry Model Question Paper 2 English Medium Pdf, Tamil Nadu 11th Chemistry Model Question Papers helps you to revise the complete Tamilnadu State Board New Syllabus, helps students complete homework assignments and to score high marks in board exams.

TN State Board 11th Chemistry Model Question Paper 2 English Medium

General Instructions:

1. The question paper comprises of four parts.
2. You are to attempt all the parts. An internal choice of questions is provided wherever applicable.
3. All questions of Part I, II, III and IV are to be attempted separately.
4. Question numbers 1 to 15 in Part I are Multiple Choice Questions of one mark each.
   These are to be answered by choosing the most suitable answer from the given four alternatives and writing the option code and the corresponding answer
5. Question numbers 16 to 24 in Part II are two-mark questions. These are to be answered in about one or two sentences.
6. Question numbers 25 to 33 in Part III are three-mark questions. These are to be answered in about three to five short sentences.
7. Question numbers 34 to 38 in Part IV are five-mark questions. These are to be answered in detail Draw diagrams wherever necessary.

Time: 2:30 Hours
Maximum Marks: 70

PART – I

Answer all the Questions: [15 × 1 = 15]
Choose the most suitable answer from the given four alternatives.

Question 1.
An element X has the following isotopic composition ²⁰⁰X = 90 %, ¹⁰⁰X = 8 % and ²⁰²X = 2 %.
The weighted average atomic mass of the element X is closest to ………………………….
(a) 201 u
(b) 202 u
(c) 199 u
(d) 200 u
\(\frac { (200\times 90)+(199\times 18)+(202\times 2) }{ 100 } \)
= 199.96 = 200 u
Answer:
(d) 200 u

Question 2.
Which of the following is not used in writing electronic configuration of an atom?
(a) Aufbau principle
(b) Hund’s rule
(c) Pauli’s exclusion principle
(d) Heisenberg’s uncertainty principle
Answer:
(d) Heisenberg’s uncertainty principle

Question 3.
Assertion (A): Cr with electronic configuration [Ar]3d⁵ 4s¹ is more stable than [Ar] 3d⁴ 4s².
Reason (R): Half filled orbitals have been found to have extra stability than partially filled orbitals.
(a) A and R are correct and R is the correct explanation of A.
(b) A and R are correct but R is not the correct explanation of A.
(c) A is correct but R is wrong.
(d) A is wrong but R is correct.
Answer:
(a) A and R are correct and R is the correct explanation of A.

Question 4.
The type of H-bonding present in ortho nitro phenol and p-nitro phenol are respectively ……………………..
(a) Inter molecular H-bonding and intra molecular H – bonding
(b) Intra molecular H-bonding and inter molecular H – bonding
(c) Intra molecular H – bonding and no H – bonding
(d) Intra molecular H – bonding and intra molecular H – bonding

Answer:
(b) Intra molecular H-bonding and inter molecular H – bonding

Question 5.
Match the following:

Answer:

Question 6.
Which of the following is the correct expression for the equation of state of van der Waals gas?
(a) \(\left(P+\frac{a}{n^{2} V^{2}}\right)\) (V – nb) = nRT
(b) \(\left(P+\frac{n a}{n^{2} V^{2}}\right)\) (V – nb) = nRT
(c) \(\left(P+\frac{a n^{2}}{V^{2}}\right)\) (V – nb) = nRT
(d) \(\left(P+\frac{n^{2} a^{2}}{V^{2}}\right)\) (V – nb) = nRT
Answer:
(c) \(\left(P+\frac{a n^{2}}{V^{2}}\right)\) (V – nb) = nRT

Question 7.
In a reversible process, the change in entropy of the universe is ………………………
(a) > 0
(b) >0
(c) <0
(d) = 0
Answer:
(d) = 0

Question 8.
Which of the following is not a general characteristic of equilibrium involving physical process?
(a) Equilibrium is possible only in a closed system at a given temperature
(b) The opposing processes occur at the same rate and there is a dynamic but stable condition
(c) All the physical processes stop at equilibrium
(d) All measurable properties of the system remains constant
Solution:
Correct statement: Physical processes occurs at the same rate at equilibrium.
Answer:
(c) All the physical processes stop at equilibrium

Question 9.
Stomach acid, a dilute solution of HCl can be neutralised by reaction with Aluminium hydroxide
Al(OH)₃ + 3HCl(aq) → AlCl₃ + 3H₂O
How many millilitres of 0.1 M Al(OH)₃ solution are needed to neutralise 21 mL of 0.1 M HCl?
(a) 14 mL
(b) 7 mL
(c) 21 mL
(d) None of these
Solution:
M₁ × V = M₂ × V₂
∵ 0.1 M Al(OH)₃ gives 3 × 0.1 = 0.3 M OH^– ions
0.3 × V₁ = 0.1 × 21
V₁ = \(\frac{0.1×21}{0.3}\) = 7 ml
Answer:
(b) 7 mL

Question 10.
Shape and hybridisation of IF₅ are ……………………..
(a) Trigonal bipyramidal, sp³d²
(b) Trigonal bipyramidal, sp³d
(c) Square pyramidal, sp³d²
(d) Octahedral, sp³d²
Solution:
IF₅ – 5 bond pair + 1 lone pair
∴ hybridisation sp³d²

Answer:
(c) Square pyramidal, sp³d²

Question 11.
Consider the following statements:

1. It is not possible for the carbon to form either C⁴⁺ (or) C^4- ions.
2. Carbon can form ionic bonds.
3. In compounds of carbon, it form covalent bonds.

Which of the above statement is/are not correct?
(a) (I) and (II)
(b) (III) only
(c) (I) only
(d) (II) only
Answer:
(d) (II) only

Question 12.
For the following reactions
(A) CH₃CH₂CH₂Br + KOH → CH₃-CH + KBr + H₂O
(B) (CH₃)₃CBr + KOH → (CH₃)₃ COH + KBr
(C)
Which of the following statement is correct?
(a) (A) is elimination, (B) and (G) are substitution
(b) (A) is substitution, (B) and (C) are elimination
(c) (A) and (B) are elimination and (C) is addition reaction
(d) (A) is elimination, B is substitution and (C) is addition reaction.
Answer:
(d) (A) is elimination, B is substitution and (C) is addition reaction.

Question 13.
Which of the following compound used for metal cleaning solvent?
(a) Methylene chloride
(b) Methyl chloride
(c) Chloroform
(d) Ethane
Answer:
(a) Methylene chloride

Question 14.
The number of possible isomers of C₆H₁₂ is ……………………..
(a) 2
(b) 3
(c) 5
(d) 6
Answer:
(c) 5

Question 15.
Ozone layer is depleted by the reactive ……………………..
(a) Hydrogen atom
(b) Oxygen atom
(c) Fluorine atom
(d) Chlorine atom
Answer:
(d) Chlorine atom

PART – II

Answer any six questions in which question No. 19 is compulsory. [6 × 2 = 12]

Question 16.
Calculate the average atomic mass of naturally occurring magnesium using the following data?

Answer:
Solution: Isotopes of Mg.
Atomic mass = Mg²⁴ = 23.99 × 78.99/100 = 18.95
Atomic mass = Mg²⁶ = 24.99 × 10/100 = 2.499
Atomic mass = Mg²⁵ = 25.98 × 11.01/100 = 2,860
Average Atomic mass = 24.309
Average atomic mass of Mg = 24.309

Question 17.
What are quantum numbers?
Answer:

1. The electron in an atom can be characterized by a set of four quantum numbers, namely – principal quantum number (n), azimuthal quantum number (l), magnetic quantum number (m) and spin quantum number (s).
2. When Schrodinger equation is solved for a wave function φ, the solution contains the first three quantum numbers n, 1 and m.
3. The fourth quantum number arises due to the spinning of the electron about its own axis.

Question 18.
How 2-ethylanthraquinone helps to prepare hydrogen peroxide?
Answer:
On an industrial scale, hydrogen peroxide is prepared by auto oxidation of 2-alkyl anthraquinol.

Question 19.
Calculate the pressure exerted by 2 moles of sulphur hexafluoride in a steel vessel of volume 6 dm³ at 70°C assuming it is an ideal gas?
Answer:
We will use the ideal gas equation for this calculation as below:
P = \(\frac{nRT}{V}\) = image 7 = 9.39 atm.

Question 20.
What are the important features of lattice enthalpy?
Answer:

1. Higher lattice energy shows greater electrostatic attraction and therefore a stronger bond in the solid.
2. The lattice enthalpy is greater for ions of higher charge and smaller radii.

Question 21.
What are aqueous and non-aqueous solution? Give example?
Answer:

1. If the solute is dissolved in the solvent water, the resultant solution is called as an aqueous solution, e.g., salt in water.
2. If the solute is dissolved in the solvent other than water such as benzene, ether, CCl₄ etc, the resultant solution is called a non aqueous solution, e.g., Br₂ in CCl₄.

Question 22.
What is bond enthalpy? How they relate with bond strength?
Answer:
The bond enthalpy is defined as the minimum amount of energy required to break one mole of a particular bond in molecules in their gaseous state. Larger the bond enthalpy stronger will be the bond.

Question 23.
What is triad system? Give example?
Answer:
(I) In this system hydrogen atom oscillates between three polyvalent atoms. It involves 1, 3 – migration of hydrogen atom from one polyvalent atom to other with in the molecule

(II) The most important type of triad system is keto-enol tautomerism and the two groups of tautomers are keto form and enol form.

(III)

Question 24.
What is stone leprosy? How is it formed?
Answer:

1. The attack on, the marble of buildings by acid rain is called stone leprosy.
2. Acid rain causes extensive damage to buildings made up of marble.

CaCO + H₂SO₄ → CaSO₄ + H₂O + CO₂↑

PART – III

Answer any six questions in which question No. 26 is compulsory. [6 × 3 = 18]

Question 25.
Calculate the equivalent mass of hydrated ferrous sulphate?
Answer:
Hydrated ferrous sulphate = FeSO₄.7H₂O
Ferrous sulphate – Reducing agent
Ferrous sulphate reacts with an oxidising agent in acid medium according to the equation.

16 parts by mass of oxygen oxidised 304 g of FeSO₄.
8 parts by mass of oxygen will oxidise \(\frac{304}{16}\) × 8 parts by mass of FeSO₄ = 152
Equivalent mass of Ferrous sulphate (Anhydrous) = 152
Equivalent mass of crystalline Ferrous sulphate FeSO₄.7H₂O = 152 + 126 = 278

Question 26.
Calculate the uncertainty in position of an electron, if ∆v = 0.1% and v = 2.2 × 10⁶ ms^-1.
Answer:
Mass of an electron = m = 9.1 × 10^-31 kg.
∆v = Uncertainty in velocity = \(\frac{0.1}{100}\) × 2.2 × 10⁶ ms^-1
∆v = 0.22 × 10⁴ = 2.2 × 10³ ms^-1
∆x. ∆v.m = \(\frac{h}{4π}\)

∆x = 2.635 × 10^-8
Uncertainty in position = 2.635 × 10^-8

Question 27.
Distinguish between diffusion and effusion?
Answer:
Diffusion:

1. Diffusion is the spreading of molecules of a substance throughout a space or a second subsance.
2. Diffusion refers to the ability of the gases to mix with each other.
3. E.g; Spreading of something such as brown tea liquid spreading through the water in a tea cup.

Effusion:

1. Effusion is the escape of gas molecules through a very small hole in a membrane into an evacuated area.
2. Effusion is a ability of a gas to travel through a small pin-hole.
3. E.g; Pouring out something like the soap studs bubbling out from a bucket of water.

Question 28.
For a chemical reaction the values of ∆H and ∆S at 300 K are – 10 kJ mol^-1 and – 20 JK^-1 mol^-1 respectively. What is the value of ∆G of the reaction? Calculate the ∆G of a reaction at 600K assuming ∆H and ∆S values are constant. Predict the nature of the reaction?
Answer:
Given:
∆H = -10 kJ mol^-1 = -10000 J mol^-1
∆S = – 20 JK^-1 mol^-1
T = 300 K

∆G?
∆G = ∆H – T∆S
∆G = -10 kJ mol^-1 – 300 K × (-20 × 10^-3) kJ K^-1 mol^-1
∆G = (-10 + 6) kJ mol^-1
∆G = – 4 kJ mol^-1

At 600 K,
∆G = – 10 kJ mol^-1 – 600 K × (-20 × 10^-3) k^-1 mol^-1
∆G = (-10 + 12) kJ mol^-1
∆G + 2 kJ mol^-1
The value of ∆G is negative at 300K and the reaction is spontaneous, but at 600K the value ∆G becomes positive and the reaction is non-spontaneous.

Question 29.
For the reaction: A₂(g) + B₂(g) ⇄ 2AB(g); H is -∆ve.
The following molecular scenes represent different reaction mixture (A – light grey, B-dark grey)

1. Calculate the equilibrium constant K_p and K_c.
2. For the reaction mixture represented by scene (x), (y) the reaction proceed in which directions?
3. What is the effect of increase in pressure for the mixture at equilibrium?

Answer:

K_c > Q i.e; forward reaction is favoured.

(III) Since ∆n_g = 2 -2 = 0, thus, pressure has no effect. So by increasing the pressure, equilibrium will not be affected.

Question 30.
Derive the relationship between the relative lowering of vapour pressure and mole fraction of the solute?
Answer:

Question 31.
Differentiate between the principle of estimation of nitrogen in an organic compound by

1. Dumas method
2. Kjeldahl’s method

Answer:

1. Dumas method:
The organic compound is heated strongly with excess of CuO (Cupic Oxide) in an atmosphere of CO₂ where free nitrogen, CO₂ and H₂O are obtained.

2. Kjeldahl’s method:
A known mass of the organic compound is heated strongly with cone. H₂SO₄, a little amount of potassium sulphate arid a little amount of mercury (as catalyst). As a result of reaction, the nitrogen present in the organic compound is converted to ammonium sulphate.

Question 32.
In what way free radical affect the human body?
Answer:

1. Free radicals can disrupt cell membranes.
2. Increase the risk of many forms of cancer.
3. Damage the interior lining of blood vessels.
4. Eads to a high risk of heart disease and stroke.

Question 33.
Dissolved oxygen in water is responsible for aquatic life. What processes are responsible for the reduction in dissolved oxygen in water?
Answer:

1. Organic matter such as leaves, grass, trash can pollute water. Microorganisms present in water can decompose these organic matter and consume dissolved oxygen in water.
2. Eutrophication is a process by which water bodies receive excess nutrients that stimulates excessive plant growth.
3. This enhanced plant growth in water bodies is called algal bloom.
4. The growth of algae in extreme abundance covers the water surface and reduces the oxygen concentration in water. Thus, bloom-infeded water inhibits the growth of other living organisms in the water body.
5. This process in which the nutrient rich water support a dense plant population, kills animal life by depriving it of oxygen and results in loss of biodiversity is known as eutrophication.

PART – IV

Answer all the questions. [5 × 5 = 25]

Question 34 (a).
(I) Calculate the equivalent mass of sulphuric acid?
(II) The reaction between aluminium and ferric oxide can generate temperatures up to 3273 K and is used in welding metals.
(Atomic mass of Al = 27 u Atomic mass of O = 16 u)
2Al + Fe₂O₃ → Al₂O₃ + 2Fe; If, in this process, 324 g of aluminium is allowed to react with 1.12 kg of ferric oxide.
(a) Calculate the mass of Al₂O₃ formed.
(b) How much of the excess reagent is left at the end of the reaction?

[OR]

(b) (I) Consider the following electronic arrangements for the d⁵ configuration?

(a)

(b)

(c)

1. Which of these represents the ground state?
2. Which configuration has the maximum exchange energy?

(II) An ion with mass number 56 contains 3 units of positive charge and 30.4% more neutrons than electrons. Assign symbol to the ion?
Answer:
(a) (I) Equivalent mass of sulphuric acid:
Sulphuric acid = H₂SO₄
Molar mass of Sulphuric acid = 2 + 32 + 64 = 96
Basicity of Sulphuric acid = 2

= \(\frac{96}{2}\) = 49 g eq^-1

(II) (a)

As per balanced equation 54 g Al is required for 112 g of iron and 102 g of Al₂O₃.
54 g of Al gives 102 g of Al₂O₃.
∴ 324 g of Al will give \(\frac{102}{54}\) × 324 = 612 g of AlcO₃

(b) 54 g of Al requires 160 g of Fe₂O₃ for welding reaction.
∴ 324 g of Al will require \(\frac{160}{54}\) × 324 = 960 g of Fe\(\frac{102}{54}\)O₃
∴ Excess Fe₂O₃ -Unreacted Fe₂O₃ = 1120 – 960 = 160 g 160 g of exces reagent is left at the end of the reaction.

[0R]

(b)
(I) 1.
2.

(II) Let the no. of electrons in the ion = x
∴ The no. of the protons = x + 3 (as the ion has three units positive charge)
and the no. of neutrons = x + \(\frac{30.4x}{100}\) = x + 0.304 x
Now, mass number of ion = Number of protons + Number of neutrons
= (x + 3) + (x + 0.304 x)
∴ 56 = (x + 3) + (x + 0.304 x) or 2.304 x = 56 – 3 = 53
x = \(\frac{53}{2.304}\) = 23
Atomic number of the ion (or element) = 23 + 3 = 26
The element with atomic number 26 is iron (Fe) and the corresponding ion is Fe³⁺.

Question 35 (a).
(I) State the Newland’s law of octaves?
(II) What are the two exceptions of block division in the periodic table?

[OR]

(b) (I) Complete the following reactions.
(a)

(b) 2 BeCl₂ + LiaH₄ →?

(II) What happens when quick lime reacts with
(a) H₂O and
(b) CO₂?

(I) The Law of octaves states that, “when elements are arranged in the order of increasing atomic weights, the properties of the eighth element are a repetition of the properties of the first element”.

(II)

1. Helium has two electrons. Its electronic configuration is 1s². As per the configuration, it is supposed to be placed in ‘s’ block, but actually placed in 18th group which belongs to ‘p’ block. Because it has a completely filled valence shell as the other elements present in 18th group. It also resembles with 18th group elements in other properties. Hence helium is placed with other noble gases.

2. The other exception is hydrogen. It has only one s-electron and hence can be placed in group 1. It can also gain an electron to achieve a noble gas arrangement and hence it can behave as halogens (17^th group elements). Because of these assumptions, position of hydrogen becomes a special case. Finally, it is placed separately at the top of the periodic table.

[OR]

(b) (I) (a) Beryllium oxide is heated with carbon and chloride to get BeCl₂

(b) Beryllium chloride is treated with LiAlH₄ to get beryllium hydride.
2BeCl₂ + LiAlH₄ → 2BeH₂ + Licl + Alcl₃

(II) (a) CaO + H₂O → Ca(OH)₂ (calcium hydroxide)
(b) CaO + CO₂ → CaO₃ (calcium carbonate)

Question 36 (a).
(I) State the first law of thermodynamics?
(II) Calculate the enthalpy of combustion of ethylene at 300 Kc at constant pressure, if its heat of combustion at constant volume (∆U) is -1406 kJ?

[OR]

(b)
(I) Explain how the equilibrium constant Kc predict the extent of a reaction? (3)
(II) Explain about the effect of catalyst in an equilibrium reaction? (2)
Answer:
(a) (I) The first law of thermodynamics states that “the total energy of an isolated system . remains constant though it may change from one form to another” (or) Energy can neither be created nor destroyed, but may be converted from one form to another.
(II) The complete ethylene combustion reaction can be written as,

C₂H_4(g) + 3O_2(g) → 2CO_2(g) + 2H₂O_(l)
ΔU = -1406 kJ
Δn = n_p(g) – n_r(g)
Δn = 2 – 4 – 2
ΔH = ΔU + RTΔn_g
ΔH = -1406 + (8.314 × 10^-3 × 300 × (-2)) ΔH = -1410.9 kJ

[OR]

(b) (I)

1. The value of equilibrium constant K_C tells us the extent of the reaction i.e., it indicatehow far the reaction has proceeded towards product formation at a given temperature.
2. A large value of K_C indicates that the reaction reaches equilibrium with high product yield on the other hand, lower value of K_C indicates that the reaction reaches equilibrium with low product yield.
3. If K_C > 10³, the reaction proceeds nearly to completion.
4. If K_C < 10^-3 the reaction rarely proceeds.
5. It the K_C is in the range 10^-3 to 10³, significant amount of both reactants and products are present at equilibrium.

(II) Addition of catalyst does not affect the state of equilibrium. The catalyst increases the rate of both the forward and reverse reactions to the same extent. Hence it does not change the equilibrium composition of the reaction mixture.

Question 37 (a).
(I) Briefly explain geometrical isomerism in alkenes by considering 2- butene as an example.
2 – butene: Geometrical isomerism: CH₃ – CH = CH – CH₃ 

(II) What is meant by condensed structure? Explain with an example.

[OR]

(b)
(I) Why cut apple turns a brown colour?
(II) Predict the product for the following reaction,

1.

2.

3.

Answer:
(a) (I)

• Geometrical isomers are the stereoisomers which have different arrangement of groups or atoms around a rigid framework of double bonds. This type of isomerism occurs due to restricted rotation of double bonds or about single bonds in cyclic compounds.
• In 2-butene, the carbon-carbon double bond is sp² hybridised. The carbon-carbon double bond consists of a s bond and a p bond. The presence of p bond lock the molecule in one position. Hence, rotation around C = C bond is not possible.
• 
• These two compounds are termed as geometrical isomers and are termed as cis and transform.
• The cis isomer is the one in which two similar groups are on the same side of the double bond. The trans isomer is that in which two similar groups are on the opposite side of the double bond. Hence, this type of isomerism is called cis-trans isomerism.

(II) The bond line structure can be further abbreviated by omittiilg all the these dashes representing covalent bonds and by indicating the number of identical groups attached to an atom by a subscript. The resulting expression of the compound is called a condensed structural formula.
e.g., 1,3 – butadiene.

[OR]

(b) (I)

1. Apples contains an enzyme called polyphenol oxidase (PPO) also known as tyrosinase.
2. Cutting an apple exposes its cells to the atmospheric oxygen and oxidizes the phenolic compounds present in apples. This is called the “enzymatic browning” that turns a cut apple brown.
3. In addition to apples, enzymatic browning is also evident in bananas, pears, avocados and even potatoes.

Question 38 (a).
Suggest the route for the preparation of the following from benzene?

1. 3 – chloro-nitrobenzene
2. 4 – chlorotoluene
3. Bromobenzene
4. m – dinitrobenzene

[OR]

(b) A hydrocarbon C₃H₆ (A) reacts with HBr to form compound (B). Compound (B) reacts with aqueous potassium hydroxide to give (C) of molecular formula C₃H₆O. What are (A) (B) and (C). Explain the reactions?
Answer:
(a)
1. Preparation of 3 – chloronitro – benzene from benzene: Benzene undergoes nitration and followed by chlorination and it leads to the formation of 3 – chloronitrobenzene.

2. Preparation 4-chlorotoulene from benzene: Benzene undergoes Friedal craft’s alkylation followed by chlorination and it leads to the formation of 4 – chlorotoulene.

3. Preparation of Bromobenzene from benzene: Benzene undergo bromination to give bromobenzene.

4. Preparation of m-dinitrobenzene from benzene: Benzene undergo twice the time nitration to give m-dinitrobenzene.

[OR]

(b)
1. The hydrocarbon with molecular formula C₃H₆ (A) is identified as propene,
CH – CH = CH₂
2. Propene reacts with HBr to form bromopropane CH₃ – CH₂ – CH₂Br as (B).

3. 1 – bromopropane react with aqueous potassium hydroxide to give 1 – propanol CH₃ – CH₂ – CH₂OH as (C).
4. 2 – bromo propane reacts with aqueous KOH to give 2-propanol as (C)

Students can Download Tamil Nadu 11th Commerce Model Question Paper 2 English Medium Pdf, Tamil Nadu 11th Commerce Model Question Papers helps you to revise the complete Tamilnadu State Board New Syllabus, helps students complete homework assignments and to score high marks in board exams.

TN State Board 11th Commerce Model Question Paper 2 English Medium

General Instructions:

1. The question paper comprises of four parts.
2. You are to attempt all the parts. An internal choice of questions is provided wherever applicable.
3. All questions of Part I, II, III and IV are to be attempted separately.
4. Question numbers 1 to 20 in Part I are Multiple Choice Questions of one mark each.
   These are to be answered by choosing the most suitable answer from the given four alternatives and writing the option code and the corresponding answer
5. Question numbers 21 to 30 in Part II are two-mark questions. These are to be answered in about one or two sentences.
6. Question numbers 31 to 40 in Part III are three-mark questions. These are to be answered in above three to five short sentences.
7. Question numbers 41 to 47 in Part IV are five-mark questions. These are to be answered in detail Draw diagrams wherever necessary.

Time: 2:30 Hours
Maximum Marks: 90

PART – 1

Choose the correct answer. Answer all the questions. [20 × 1 = 20]

Question 1.
Wholesalers buy in ………………………… quantity of goods.
(a) Small
(b) Large
(c) Medium
(d) Limited
Answer:
(b) Large

Question 2.
Small scale fixed retailers include ……………………..
(a) General stores
(b) Pedlars
(c) Cheap jacks
(d) Hawkers
Answer:
(a) General stores

Question 3.
In India, GST became effective from ………………………
(a) 1^st April 2017
(b) 1^st January 2017
(c) 1^st July 2017
(d) 1^st March 2017
Answer:
(a) 1^st April 2017

Question 4.
‘One share – one vote’ principle is followed in kind of organization.
(a) Co – operatives
(b) Partnership
(c) Company
(d) None of these
Answer:
(c) Company

Question 5.
……………………. is not a type of general insurance.
(a) Marine insurance
(b) Life insurance
(c) Fidelity insurance
(d) Fire insurance
Answer:
(b) Life insurance

Question 6.
Self – help groups convert the sayings into a common find known as ……………………..
(a) Common fund
(b) Group corpus fund
(c) Group fund
(d) None of the above
Answer:
(b) Group corpus fund

Question 7.
A major disadvantage of sole proprietorship is ……………………….
(a) Limited liability
(b) Unlimited liability
(c) Easy formation
(d) Quick decision
Answer:
(b) Unlimited liability

Question 8.
Which one of the following is not correctly matched?
(a) Mercantile agents – Functional middleman
(b) Merchant middleman – Wholesalers
(c) Retailer – Small quantities
(d) Wholesaler – Last middleman in the distribution
Answer:
(d) Wholesaler – Last middleman in the distribution

Question 9.
From which of the following deposit holders can get overdraft facilities?
(a) Savings deposits
(b) Current deposits
(c) Recurring deposits
(d) Fixed deposits
Answer:
(b) Current deposits

Question 10.
The role of government in logistics management is through ……………………….
(a) Legislations
(b) Governance
(c) Transport
(d) Distribution
Answer:
(d) Distribution

Question 11.
The local area banks are promoting ………………………
(a) Rural savings
(b) Business savings
(c) Industrial development
(d) Agricultural development
Answer:
(a) Rural savings

Question 12.
Way bill is a document issued by ………………………
(a) Railway transport
(b) Air transport
(c) Road transport
(d) Water transport
Answer:
(c) Road transport

Question 13.
The types of development banks are ……………………….
(I) IFCI
(II) State Bank of India
(III) MUDRA Bank
(IV) Karur Vysya Bank
(a) (I) and (II)
(b) (II) and (IV)
(c) (I) and (III)
(d) (II) and (IV)
Answer:
(c) (I) and (III)

Question 14.
Auxiliaries to trade is also called as ……………………..
(a) Trade
(b) Advertisement
(c) Warehousing
(d) Aids to trade
Answer:
(d) Aids to trade

Question 15.
Consumers co-operation was first successful in …………………………
(a) England
(b) USA
(c) Swiss
(d) India
Answer:
(a) England

Question 16.
Match List – I with List – II and select the correct answer using the codes given below:

List – 1	List – 2
(i) Overdraft	1. Debit card
(ii) ATM card	2. Short term credit instrument
(iii) Time deposit	3. Current deposits
(iv) Discounting of bills	4. Fixed deposits

Answer:
Codes:

Question 17.
Who is the first middleman in the channel of distribution?
(a) Wholesaler
(b) Producer
(c) Retailer
(d) Customer
Answer:
(a) Wholesaler

Question 18.
Find out which is not advantage of partnership from the following:
(a) Easy formation
(b) Division of work
(c) Limited liability
(d) Easy dissolution
Answer:
(c) Limited liability

Question 19.
Presently IRDAI headquarters is in ……………………….
(a) Hyderabad
(b) Chennai
(c) Mumbai
(d) Delhi
Answer:
(a) Hyderabad

Question 20.
The aggregate income under fine heads is termed as ……………………….
(a) Gross total income
(b) Total income
(c) Salary income
(d) None of the above
Answer:
(b) Total income

PART – II

Answer any seven questions in which question No. 30 is compulsory: [7 × 2 = 14]

Question 21.
Who are middlemen?
Answer:
The term ‘middlemen’ refers to all those who are in the link between the primary producer and the ultimate consumer in the exchange of goods or service.

Question 22.
Mention any four examples of MNC?
Answer:
A multinational company is one which is incorporated in one country, but it may be operated in many countries. Examples: Coca – Cola, International Business Machine (IBM), Sony Corporation and Microsoft Corporation.

Question 23.
There are various hindrances in business. The manufacturers and consumers do not know each other. But the goods are purchased and sold by these two persons. What kind of hindrance is this? How is it removed?
Answer:
This is ‘hindrance of a person’. Manufacturers do not know the consumer, who is using the products, produced by him. This difficulty or hindrance is removed by the traders.

Question 24.
Give any three functions of warehouses?
Answer:

1. Storage
2. Price stabilization
3. Equalization of demand and supply

Question 25.
What is meant by private company?
Answer:
Private limited company is a type of company which is formed with minimum two shareholders and two directors, the minimum requirement with respect to authorised or paid up capital of Rs. 1,00,000 has been omitted by the Companies (Amendment) Act, 2015 w.e.f. 29^th of May, 2015.

Another crucial condition of a private limited company is that it by its articles of association restricts the right to transfer its shares and also prohibits any invitation to the public to subscribe for any securities of the company.

Question 26.
Is low taxes possible in co – operative society?
Answer:
Yes, Low taxes are possible in co – operative society because it is a non-profit enterprise, and government provides various exemptions and tax concessions.

Question 27.
Write any two advantages of water transport?
Answer:

1. It is considered as the cheapest mode of transport among the other modes of transport.
2. It is most suitable for heavy loads.

Question 28.
What are the non-corporate enterprises?
Answer:

1. Sole trading concern
2. Partnership firm
3. Joint Hindu family business

Question 29.
Mention any three differences between warehouse warrant and warehouse receipt?
Answer:

Warehouse Warrant	Warehouse Receipt
1. It is a document of title of goods.	1. It is not a document of title of goods.
2. It is not only an acknowledgement for the receipt of goods but also gives an authority to get delivery of goods.	2. It is only an acknowledgement  the receipt of goods.
3. It can be given as a collateral security for getting loan.	3. Ita cannot be given as collateral security

Question 30.
Mention any four kinds of partners?
Answer:

1. Active partner
2. Sleeping partner
3. Nominal partner
4. Partner in profits only

PART – III

Answer any seven questions in which question No. 40 is compulsory: [7 × 3 = 21]

Question 31.
List the five heads of income?
Answer:
The five heads of income are:

1. Income from‘Salaries’ [Sections 15 – 17];
2. Income from ‘House Property’ [Sections 22 – 27];
3. Income from ‘Profits and Gains of Business or Profession’ [Sections 28 – 44];
4. Income from ‘Capital Gains’ [Sections 45 – 55]; and
5. Income from ‘Other Sources’ [Sections 56 – 59].

Question 32.
Explain the concept of business?
Answer:
Business refers to any human activity undertaken on a regular basis with the object to earn profit through production, distribution, sale or purchase of goods and services.

Business activities are connected with raising, producing or processing of goods. Industry creates form utility to goods by bringing materials into the form which is useful for intermediate consumption or final consumption by consumers.

Question 33.
Explain any three features of Self – Help Group?
Answer:

1. The motto of every group members should be “saving first – credit latter”.
2. Self Help Group is homogeneous in terms of economic status.
3. The ideal size of a Self Help Group ranges between 10 and 20 members.

Question 34.
Explain the features of general stores?
Answer:
General Stores sell a wide variety of products under one roof, most commonly found in a local market and residential areas to satisfy the day – to – day needs of the customers residing in nearby localities. They remain open for long hours at convenient timings and often provide credit facilities to their regular customers.

Question 35.
How is it possible to maintain secrecy in sole proprietorship?
Answer:
In sole proprietorship, the trader is the sole owner of the business. Since he/she manages all the affairs of the business, the secrecy can be maintained easily.

Question 36.
What is the importance of bonded warehouses?
Answer:
Bonded warehouses are those warehouses which are licensed by government. It is used to accept the storage of imported goods which are cleared for non – payment of customs duty by the importer. Strict supervision and control is imposed by customs authorities on their functioning.

Question 37.
Describe any three advantages of international trade?
Answer:
Advantages of international trade:

1. Optimum use of natural resources: International trade operates on a simple principle that a country can produce more efficiently and trade the surplus production.
2. Economic development: International trade helps the developing countries in achieving rapid economic development by importing machinery, technology and talent.
3. Generation of employment: International business generates employment opportunities by assisting the expansion and growth of agricultural and industrial activities.

Question 38.
What are the advantages of MNC?
Answer:
1. Low Cost Labour:
MNC set up their facilities in low cost countries and produce goods/services at lower cost.

2. Quality Products:
The resource, experience and expertise of MNCs in the sphere of research and development enables the host country to establish its research and development system which helps it in producing quality goods and services at least possible cost.

Question 39.
India is an agricultural country. It has so many villages. Agriculture is inevitable to our country. What kind of insurance is needed to safeguard agriculture?
Answer:
Crop insurance is taken for safeguarding the agriculture. This policy is to provide financial support to farmers in case of a crop failure due to drought or flood. It generally covers all risks of loss or damages relating to production of rice, wheat, millets, oil seeds and pulses.

Question 40.
Why is balance of payment prepared?
Answer:
Balance of payments help in framing monetary, fiscal and trade policies of country. Government keenly observes balance of payment position of its important trade partners in making policy decisions. It reveals whether a country produces enough economic output to pay for its growth.

PART – IV

Answer all the questions: [7 × 5 = 35]

Question 41 (a).
Memorandum of Association is a legal document prepared to form and register a joint stock company. It reveals the powers and activities, the company is permitted to undertake. What are the contents of memorandum of Association? Explain?
Answer:
1. Name Clause:
The name clause requires you to state the legal and recognized name of the company. You are allowed to register a company name only if it does not bear any similarities with the name of an existing company.

2. Situation Clause:
The registered office clause requires you to show the physical location of the registered office of the company. You are required to keep all the company registers in this office in addition to using the office in handling all the outgoing and incoming communication correspondence.

3. Objective Clause:
The objective clause requires you to summarize the main objectives for establishing the company with reference to the requirements for shareholding and use of financial resources.

You also need to state ancillary objectives; that is, those objectives that are required to facilitate the achievement of the main objectives.

4. Liability Clause:
The liability clause requires you to state the extent to which shareholders of the company are liable to the debt obligations of the company in the event of the company dissolving.

You should show that shareholders are liable only their shareholding and/or to their commitment to contribute to the dissolution costs upon liquidation of a company limited by guarantee.

5. Capital Clause:
The capital clause requires you to state the company’s authorized share capital, the ’ different categories of shares and the nominal value (the minimum value per share) of the shares. You are also required to list the company’s assets under this clause.

6. Association Clause:
The association clause confirms that shareholders bound by the MOA are willingly associating and forming a company. You require seven members to sign an MOA for a public company and not less than two people for a MOA of a private company. You must conduct the signing in the presence of witness who must also append his signature.

[OR]

(b) Explain any five rights of partners?
Answer:

1. Right to take part in business: Every partner has a right to take part in the management of the business.
2. Right to be consultant: Every partner has the right to be consulted in all the matters concerning the firm. The decision of the majority will prevail in all the routine matters.
3. Right of access to books, record and document: Every partner has the right of access to all records and books of accounts, and to examine and copy them.
4. Right to share profit: Every partner is entitled to share the profits in the agreed ratio. If no profit-sharing ratio is specified in the deed, they must be shared equally.
5. Right to receive interest: A partner’ has the right to receive interest on loans advanced by him to the firm at the agreed rate, and where no rate is stipulated, interest @ 6% p.a. allowed.

Question 42 (a).
Explain the contents of prospectus?
Answer:
Prospectus means a document inviting the public to buy its shares or debentures. It also applies to advertisements inviting deposits from the public.

Contents:

1. The prospectus contains the main objectives of the company.
2. The name and address of the signatories of the Memorandum of Association.
3. The name, address and occupation of directors and managing directors.
4. The number and classes of shares and debentures.
5. The qualification share of directors.
6. The name and address of the vendors of any property acquired by the company.
7. Particulars about the directors, secretaries and the treasures and their remuneration.
8. The amount for the minimum subscription.
9. The estimated amount of preliminary expenses.
10. Name and address of the auditors, bankers and solicitors of the company,
11. Time and place where copies of balance sheets, profits and loss account and the auditor’s report may be inspected.

[OR]

(b) Write a note on Consumer Co – operative Society?
Answer:
A Consumer Co – operative Society is organized by consumers. It sells quality goods at better prices to the consumers.

Features:

1. It can sell the goods at a lesser price rather than the traditional retail stores.
2. They also supply essential goods through Public Distribution System (PDS).
3. Nationally, the most widely used co – operative form is the credit union.
4. Credit unions are essentially co – operatives of people that use banking services.
5. It purchases goods directly from the manufacturers, which helps to fix the lower price. – Example – Students Co – operative Stores, Supermarkets, etc.

Question 43 (a).
Goods were exchanged for goods prior to invention of money. Each party must have surplus goods for exchange. What does it mean? What are the constraints of that system?
Answer:
The system in which the goods were exchanged for goods was called ‘barter system’. The barter system has many constraints. They are:

1. Lack of double coincidence of Wants: Unless two persons who have surplus have the demand for the goods possessed by each other, barter could not materialize. If this “coincidence of wants” does not exist, Barter cannot take place.
2. Non – existence of common measure of value: Barter system could not determine the value of commodities to be exchanged as they lacked commonly acceptable measures to evaluate each and every commodity.
3. Lack of direct contact between producer and consumers: It was not possible for buyers and sellers to meet face to face in many contexts for exchanging the commodities for commodities.
4. Lack of surplus stock: Absence of surplus stock was one of the impediments in barter system. If the buyers and sellers do not have surplus then no barter was possible.

[OR]

(b) Describe any five objectives of business?
Answer:
1. Economic Objectives:
Economic objectives of business refer to the objective of earning profit and also other objectives that are necessary to be pursued to achieve the profit objective, which includes creation of customers, regular innovations and best possible use of available resources.

2. Social Objectives:
Social objective are those objectives of business, which are desired to be achieved for the benefit of the society. Since business operates in a society by utilizing its scarce resources, the society expects something in return for its welfare.

3. Organizational Objectives:
The organizational objectives denote those objectives an organization intends to accomplish during the course of its existence in the economy like expansion and modernization, supply of quality goods to consumers, customers’ satisfaction, etc.

4. Human Objectives:
Human objectives refer to the objectives aimed at the well – being as well as fulfillment of expectations of employees as also of people who are disabled, handicapped and deprived of proper education and training.

The human objectives of business may thus include economic well – being of the employees, social and psychological satisfaction of employees and development of human resources.

5. National Objectives:
Being an important part of the country, every business must have the objective of fulfilling national goals and aspirations.

Question 44 (a).
Banks can be classified as follows:

1. Based on the functions of banks
2. Based on the status given by RBI
3. Based on the ownership pattern

What are the banks based on functions or organization? Explain any five kinds of banks.
Answer:
1. Commercial banks:
Banks which accept deposits from the public and grant loans to traders, individuals, agriculture, industries, transport, etc. in order to earn profit. Their lending is in comparatively small amounts and mostly for short and medium period. e.g., State Bank of India.

2. Development Banks:
Huge finance required for investment, expansion and modernisation of big industries and others are granted by a separate type of banks called development Banks. They are also called industrial banks, e.g., IFCI, SIDBI.

3. Co – operative Banks:
All Co – operative banks in India are owned by its customers or members who are farmers, small traders and others. Co – operative banks in India are either urban based or rural based. e.g.,NAFED, Tamil Nadu State Apex Co-operative Bank – Head Office, Chennai.

4. Foreign Banks:
Banks which have registered office in a foreign country and branches in Ipdia are called foreign banks, e.g., Bank of America – USA.

5. Regional Rural Banks (RRBs):
The RRBs were formed under the Regional Rural Bank Act 1976, jointly by the Central Government, State Government, and a sponsor bank. e.g., Pandian Grama Bank.

[OR]

(b) In India Joint Hindu Family Business is a distinct form of organisation. A person can become member by his birth. What are the features of Joint Hindu Family Business? Explain any five features?
Answer:
Features of Joint Hindu Family Business are:

1. Governed by Hindu Law
2. Management
3. Membership by birth
4. Liability
5. Permanent existence
6. Implied authority of Karta
7. Minor as a co – parcener
8. Dissolution

Explanation:

1. Governed by Hindu law: The business of the Joint Hindu Family is controlled and managed by the hindu law.
2. Membership by birth: The membership of the family can be acquired only by birth. As soon as a male child is bom in the family, the child becomes a member.
3. Liability: Except the Kartha, the liability of all other members is limited to their shares in the business.
4. Minor also as a co-parcener: In a Joint Hindu Family firm even a new bom baby can be a co-parcener.
5. Dissolution: It can be dissolved only at the will of the members of the family.

Question 45 (a).
Explain any five types of Cooperative societies?
Answer:
Types of Co – operative societies:

1. Consumers Co – operative:
Consumer Co – operatives are organized by consumers that want to achieve better prices or quality in the goods or services they purchase. In contrast to traditional retail stores or service providers, a consumer co – operative exists to deliver goods or services rather than to maximize profit from selling those goods or services.

2. Producers Co – operative:
Producer co – operatives are created by producers and owned and operated by producers. Producers can decide to work together or as separate entities to help increase marketing possibilities and production efficiency.

3. Marketing Co – operative:
Co – operative marketing societies are associations of small producers formed for the purpose of marketing their produce. The marketing co-operatives perform certain marketing functions such as grading, warehousing, advertising etc.

4. Credit Co – operative:
Cooperative credit societies are societies formed for providing short-term financial help to their members. Agriculturists, artisans, industrial workers, salaried employees, etc., form these credit societies.

5. Housing Co – operative:
These co – operative housing societies are meant to provide residential accommodation to their members on ownership basis or on rent.

People who intend to build houses of their own join together and form housing societies. These societies advance loans to members, repayable over a period of 15 to 20 years.

[OR]

(b) Partnership is formed by an agreement. It may be oral or written. The agreement is called partnership deed. Explain the contents of partnership deed.
Answer:
The contents of partnership deed include:

1. Name: Name of the Firm.
2. Nature of Business: Nature of the proposed business to be carried on by the partners.
3. Duration of Partnership: Duration of the partnership business whether it is to be run for a fixed period of time or whether it is to be dissolved after completing a particular venture.
4. Capital Contribution: The capital is to be contributed by the partners. It must be remembered that capital contribution is not necessary to become a partner for, one can contribute his organising power, business acumen, managerial skill, etc., instead of capital.
5. Withdrawal from the Firm: The amount that can be withdrawn from the firm by each partner.
6. Profit/Loss Sharing: The ratio in which the profits or losses are to be shared. If the profit sharing ratio is not specified in the deed, all the partners must share the profits and bear the losses equally.
7. Interest on Capital: Whether any interest is to be allowed on capital and if so, the rate of interest.
8. Rate of Interest on Drawing: Rate of interest on drawings, if any.
9. Loan from Partners: Whether loans can be accepted from the partners and if so the rate of interest payable thereon.
10. Account Keeping: Maintenance of accounts and audit.
11. Salary and Commission to Partners: Amount of salary or commission payable to partners for their services. (Unless this is specifically provided, no partner is entitled to any salary).
12. Retirement: Matters relating to retirement of a partner. The arrangement to be made for paying out the amount due to a retired or deceased partner must also be stated.
13. Goodwill Valuation: Method of valuing goodwill on the admission, death or retirement of a partner.
14. Distribution of Responsibility: Distribution of managerial responsibilities. The work that is entrusted to each partner is better stated in the deed itself.
15. Dissolution Procedure: Procedure for dissolution of the firm and the mode of settlement of accounts thereafter.
16. Arbitration of Dispute: Arbitration in case of disputes among partners. The deed should provide the method for settling disputes or difference of opinion. This clause will avoid costly litigations.

Question 46 (a).
Explain the various primary functions of commercial banks?
Answer:
The primary functions of a commercial bank are of three types. They are:

(I) Accepting Deposits – The basic deposit accounts offered by commercial banks are listed below:

1. Demand Deposits: These deposits are repayable on demand on any day. These consist of –

• Savings Deposits: General public deposit their savings into this account. This account can be opened in one individual’s name or more than one name.
• Current Deposits: This account is suitable for business institutions. Individuals too . can open this account. A higher minimum balance should be kept in this account.

2. Time Deposits: These are repayable after a period. These include –

• Fixed Deposits (FD): Certain amount is deposited for a fixed period for a fixed rate of interest.
• Recurring Deposits (RD): Certain sum is deposited into the account every month for one year or five years or the agreed period. Interest rate is more than savings deposits and almost equal to fixed deposits.

(II) Granting Loans and Advances: Commercial banks lend money in order to earn interest.

1. Advances

• Overdraft: It is a credit facility extended mostly to current account holding business community customers.
• Cash Credit: It is a secured credit facility given mostly to business institutions. Stock in hand, raw materials, other tangible assets, etc., are provided as collateral.
• Discounting of Bills: Business customers approach banks to discount the commercial bills of exchanges and provide money.

2. Loans – Short term and medium term loans are provided by commercial banks against eligible collaterals to business concerns. Examples – housing loan, consumer loan, vehicle loan, educational loan, jewel loan, etc.

3. Creation of Credit – Apart from the currency money issued by the RBI, the credit money in circulation created by commercial banks influence economic activities of a country to a large extent. Credit money of commercial banks is far greater in volume than the currency money.

[OR]

(b) What are the advantages of warehousing?
Answer:

1. It safeguards the stock for the merchants who do not have storage place.
2. Warehouses reduce the distribution cost of the traders by storing the goods in bulk and allow the trader to take the goods in small lots to his shop.
3. It helps in selection of channel of distribution. The producer will prefer whether to appoint a wholesaler or retailer.
4. It assists in maintaining the continuous sale and avoid the possibilities of “Out of Stock”.
5. It creates employment opportunities for both skilled and unskilled workers to improve their standard of living.

Question 47 (a).
Explain the features of a government company?
Answer:
The features of a government company are:
1. Registration Under the Companies Act:
A Government company is formed through registration under the Companies Act, 1956; and is subject to the provisions of this Act, like any other company.

However, the Central Government may direct that any of the provisions of the Companies Act shall not apply to a Government company or shall apply with certain modifications.

2. Executive Decision of Government:
A Government, company is created by an executive decision of the Government, without seeking the approval of the Parliament or the State Legislature.

3. Separate Legal Entity:
A Government company is a legal entity separate from the Government. It can acquire property; can make contracts and can file suits, in its own name.

4. Whole or Majority Capital Provided by Government:
The whole or majority (at least 51%) of the capital of a Government company is provided by the Government; but the revenues of the company are not deposited into the treasury.

5. Majority of Government Directors:
Being in possession of a majority of share capital, the Government has authority to appoint majority of directors, on the Board of Directors of a government company.

[OR]

(b) What are the advantages of co – operatives? Explain any five?
Answer:
Advantages of co – operatives:
1. Voluntary organisation:
The membership of a co – operative society is open to all. Any person with common interest can become a member. The membership fee is kept low so that everyone would be able to join and benefit from co – operative societies.

2. Easy formation:
Co – operatives can be formed much easily when compared to a company. Any 10 members who have attained majority can join together for forming a co – operative spciety by observing simple legal formalities.

3. Democracy:
A co – operative society is run on the principle of ‘one man one vote’. It implies that all members have equal rights in managing the affairs of the enterprises.

4. Equal distribution of surplus:
The surplus generated by the co – operative societies is distributed in an equitable manner among members. Therefore all the members of the co – operative society are benefitted.

5. Limited liability:
The liability of the members in a co – operative spciety is limited to the extent of their capital contribution. They cannot be personally held liable for the debts of the society.