1.4 MULTIPLE CHOICE QUESTIONS: (MCQ’s)
1. The most important attribute for comparing the development of a country is _________ .
a) Health
b) Income
c) Education
d) Distribution
2. Assume there are four families in a country. The average per capita income of these families is Rs. 5000. If the income of three families is Rs. 4000, Rs. 3000 respectively. What is the income of the fourth family ?
a) Rs. 7500
b) Rs. 6500
c) Rs. 4500
d) Rs. 6000
3. Development of a country can generally be determined by ___________ .
a) Its per capita income
b) Its average literacy level
c) Health status of its people
d) All of the above
4. Which term is not required for classification of developments or progress of the country?
a) Per-capita income
b) Infant Mortality Rate
c) Killing of wild animals and birds
d) Literacy rate
5. Which is not an economic goal out of the following mentioned goals desired by the people?
a) Regular Employment
b) Better facilities
c) Decent goods produced by them
d) Rising prices of essential goods
6. Which is not a social goal mentioned in the following lines ?
a) Right to cast a vote to anti-social elements
b) Equal social treatment
c) Social security in old age
d) Respecting others
7. Which is not generally desired by the industrialist ?
a) Violent agitation of the workers
b) Reasonable demand to increase wages
c) Better infrastructure provided by government
d) Perfect competition in global workers.
8. Which one is not a source for economic information of the modern Indian economy?
a) Economy Survey done by the state government
b) Human development report
c) World bank reports indicating developments
d) Inscriptions of ancient and medieval history
9. __________ is the one factor on which our life depends .
a) Money
b) Time
c) Success
d) Materials
10. The quality of our life depends on non-material things that is ____
a) Relations
b) Money
c) Wealth
d) Family
11. The average income is also called ____________ income .
a) Average
b) Per capita
c) Mean
d) None of these
12. For comparing countries , their _________ is considered to be one of the most important attributes .
a) Expense
b) Population
c) Income
d) Economy
13. Countries with per capita income of US$ 12,056 per annum and above in 2017 , are called ________ countries .
a) Developed
b) Average
c) Low
d) Rich
14. The rich countries are generally called _________ countries .
a) Undeveloped
b) Developed
c) Rich
d) Poor
15. ________ has the highest per capita income .
a) Assam
b) Punjab
c) Kerala
d) Haryana
16. Per capita is to be used as the measure of __________ .
a) Development
b) Under-development
c) Population
d) Economy
17. ___________ in your pocket cannot buy all the goods and services that you may need to live well .
a) Cheque
b) Money
c) Watch
d) Cash
18. _________ has the low infant mortality rate .
a) Kerala
b) Maharashtra
c) Karnataka
d) Haryana
19. Full form of PDS is __________ .
a) Private Distribution System
b) Public Distribution System
c) Prime Distribute System
d) Public Donation System
20. Per capita income is calculated in ________ in all countries .
a) Money
b) Cash
c) Expense
d) Income
1. b) Income
2. d) Rs. 6000
3.a) Its per capita income
4. c) Killing of wild animals and birds
5. d) Rising prices of essentials goods
6. a) Right to cast a vote to anti-social elements
7. a) Violent agitation of the workers
8. d) Inscriptions of ancient and medieval history
9. a) Money
10. b) Money
11. b) Per capita
12.c) Income
14. b) Developed
15. d) Haryana
16.a) Development
17.b) Money
18. a) Kerala
19. b) Public Distribution System
20. d) Income
