YIJC 2024 JC2 H2 Prelim 9570 P2 QP_Final

1 YISHUN INNOVA JUNIOR COLLEGE JC 2 PRELIMINARY EXAMINATION Higher 2 CANDIDATE NAME CG INDEX NO ECONOMICS Paper 2 Essays Additional Materials: Writing Papers Cover Pages 9570/02 11 September 2024 2 hours 30 minutes READ THESE INSTRUCTIONS FIRST Write your name, index number and civics group on all the work you hand in. Write in dark blue or black pen on both sides of the paper. You may use an HB pencil for any diagrams or graphs. Do not use staples, paper clips, highlighters, glue or correction fluid/tape. Answer three questions in total, of which one must be from Section A and one from Section B. Start each question (not each section) on a fresh piece of writing paper. At the end of the examination, fasten your work for each question separately. The number of marks is given in brackets [ ] at the end of each question or part question. This document consists of 3 printed pages and 1 blank page. Turn over

2 ©YIJC2024 9570/02/Prelim/24 Answer three questions in total. Section A One or two of your three chosen questions must be from this section. 1 In 2022, the domestic price of rice in India increased drastically due to poor monsoon rains and a rise in demand. In response, India, the world's largest rice exporter, has periodically imposed export bans. (a) Explain the reasons for the significant increase in the price of rice in India. [ [10] (b) Discuss the measures that the Indian government may adopt to stabilise the domestic price of rice in India. [15] 2 Strides Taxi and Premier Taxis have merged to form Strides Premier, now Singapore's second -largest taxi operator with 2,500 taxis, behind ComfortDelGro's 8,700 taxis. Unlike the 2018 Grab-Uber merger, which led to a S$13 million fine, the Strides Premier merger raised no concerns from the Competition and Consumer Commission of Singapore (CCCS). (a) Explain two reasons why Strides Taxi and Premier Taxis decided to merge. [10] (b) Discuss the factors that governments should consider in its decision to intervene in a merger. [15] 3 Health screening is crucial for early disease detection, thereby increasing treatment effectiveness and reducing costs. (a) Explain why the market for health s