Economics (214) Tutor Marked Assignment 2020 Nios Solutions Download From www.pkkapri.com

1.Answer any one of the following question in about 40-60 words.

(a)State one Principal difference between micro economics and macro economics

(b) “Economics is about making choices in the presence of scarcity.” Explain

2.Answer any one of the following question in about 40-60 words.

(a) What is the role and significance of goods and services in an economy?

(b) What is the likely impact of ‘sarv shiksha abhiyan’ and ‘skill India campaign’ on Indian economy?

3. Answer any one of the following questions in about 40-60 words.

(a) ‘How to produce’ is a complex problem for less developed countries like India, Explain How?

(b) Ram, an entrepreneur is running a shoe manufacturing company. What functions can be performed by Ram as an entrepreneur?

4. Answer any one of the following question in about 100-150 words.

(a) Explain the concept of positive and normative economics with illustrations.

(b) Do you agree that an intelligent producer can avoid the occurance of dimnishing returns to a factor even with the new technology. Express your opinion, with the help of ‘Law of Dimnishing returns’.

5. Answer any one of the following question in about 100-150 words.

(a) How can you solve the problem of our economy if more & more resources are constantly utilised?

(b) Distinguish between economic goods and producers goods.

6. Answer any one of the following question.

Visit a production unit and make a project report of its production, consumption and distribution
activities.

Online Nios Solutions of Session 2019-20 (Economics) Answers Tutor Marked Assignment Click On Download Link