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NIOS Economics (214) Solved Assignments [TMA] 2023-24
NIOS SOLVED ASSIGNMENTS [TMA] 2023-24
SECONDARY SOLVED [TMA] 2023-24 for Class 10
Economics (214)
Tutor Marked Assignment
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Max. Marks: 20
Note:
(i) All questions are compulsory. The marks allotted for each question are given beside the question.
(ii) Write your name, enrollment number, AI name and subject on the first page of the answer sheet.
1. Answer any one of the following questions in about 40-60 words.
(a) “The concept of micro and macro economics interdependent on each other.” Explain the statement with suitable example. (See Lesson–1)
Ans - The interdependence of micro and macroeconomics is evident in how individual decisions impact overall economic trends. For instance, an increase in consumer spending at the micro level contributes to macroeconomic indicators like GDP growth. Conversely, macroeconomic policies, such as changes in interest rates, affect individual spending and saving behaviors, showcasing the interconnected nature of the two.
(b) The development of the economy plays a pivotal role to creates needs and satisfying human wants. Explain. (See Lesson–2)
Ans - Answer Anyone
2. Answer any one of the following questions in about 40 to 60 words.
(a) “Co-existence of private and public sectors is considered as pre-condition of economic development and prosperity of a country.” Explain the statement. (See Lesson–4)
Ans - Answer Anyone
(b) Distinguish between labour-intensive techniques and capital-intensive techniques of production. Which one them is suitable for our economy and why? (See Lesson–5)
Ans - Labour-intensive techniques rely more on human effort, while capital-intensive techniques involve greater use of machinery. The suitability depends on the economic context. In developing economies, prioritizing labor-intensive methods can address unemployment, utilizing a large workforce. However, as economies advance, a blend becomes optimal, balancing efficiency with job creation and resource utilization.
3. Answer any one of the following questions in about 40 to 60 words.
(a) How is disequilibrium price of commodity adjusted in the market with the help of demand and supply forces? Explain with help of a graphical presentation. (See Lesson-11)
(b) The role of producers in a perfectly competitive market and a monopoly market is reversed while determining the price of a commodity. Explain the reason. (See Lesson-12)
4. Answer any one of the following questions in about 100 to 150 words.
(a) “The extent of ‘Black Marketing’ is controlled by the instrument of ceiling price or control price for the welfare of the masses.” Explain the statement with a suitable illustration. (See Lesson-13)
(b) You are suggested to make a visit to the Insurance Company Branch Office in your locality. Meet to Insurance Executive officer of the branch and discuss about the process of taking insurance policy. Prepare a brief report on the basis of discussion. (See Lesson-16)
5. Answer any one of the following questions in about 100 to 150 words.
(a) Compare the features of the perfect competitive market and a monopoly market. (See Lesson -12)
(b) During the post-independent era, five years plan has shown remarkable progress in the field of industrialization. Elaborate the given statement (See Lesson – 19)
6. Prepare any one project out of the given below.
(a) Prepare a Project work on ‘Poverty Alleviation’ Program introduced by the Govt. under the structure of following headings-
- Introduction.
- Meaning and present situation of poverty.
- A brief description of the Poverty Alleviation Program right from the period between, 2000 – 2022.
- Findings.
- Conclusion and Suggestions. (See Lesson–21)
(b) Prepare a project on the opening of a savings bank account in a post office situated in your nearby locality under following headings-
- Paste a picture of the post office.
- Guidelines provided by the employee.
- Documents required for opening a saving account.
- Copy of documents.
- Benefits after opening an account. (See Lesson-21)
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