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MULTIPLE CHOICE QUESTIONS : (MCQ’s)
1. _____ and _____ are the means by which we satisfy our needs and wants .
(a) Economics & services
(b) Goods & services
(c) Buying & selling
(d) Buying & consuming
(d) Buying & consuming
2. These goods are sold to the public by private firms and companies are called __________ goods .
(a) Capital
(b) Private
(c) Public
(d) Consumer
3. Economics is the study of mankind in the ordinary business of life was quoted by _________.
(a) Prof. Adam Smith
(b) Prof. Lionel Robbins
(c) Prof. Alfred Marshall
(d) Prof. P.A. Samuelson
4. Human ________ are unlimited so we need varieties of goods and services to satisfy it .
(a) Problems
(b) Means
(c) Savings
(d) Wants
5. Excess of income over expenditure. One word for it is _________ .
(a) Saving
(b) Investment
(c) Income
(d) Utility
6. An individual who is involved with the activity of producing goods are called __________ .
(a) Investor
(b) Consumer
(c) Producer
(d) Provider.
7. Which of the following is the most labour absorbing sectors of the Indian economy?
(a) Primary sector
(b) tertiary sector
(c) Secondary sector
(d) Private sector
(a) Primary sector
(b) tertiary sector
(c) Secondary sector
(d) Private sector
8. Which of the following is included in the primary sector?
(a) Manufacturing
(b) Tourism
(c) Forestry
(d) Communication
(a) Manufacturing
(b) Tourism
(c) Forestry
(d) Communication
9. Which of the following sectors faces the problem of seasonal unemployment?
(a) Agriculture
(b) Service sector
(c) Trade
(d) IT sector
(a) Agriculture
(b) Service sector
(c) Trade
(d) IT sector
10. Infant mortality rate is the death of a child under ____
(a) One year
(b) Three, year
(c) Two year
(d) Four year
(a) One year
(b) Three, year
(c) Two year
(d) Four year
11. Which age group of children does the Sarva Siksha Abhiyan aim to promote education?
(a) 6 to 10 years
(b) 5 to 3 years
(c) 6 to 14 years
(d) 7 to 12 years
(a) 6 to 10 years
(b) 5 to 3 years
(c) 6 to 14 years
(d) 7 to 12 years
12. The number of females per thousand males refers to _____.
(a) Sex Ratio
(b) Literacy Rate
(c) Infant Mortality Rate
(d) Birth Rate
(a) Sex Ratio
(b) Literacy Rate
(c) Infant Mortality Rate
(d) Birth Rate
13. Decrease in IMR (Infant Mortality Rate) of a country signifies_____
(a) Increase in life expectancy
(b) Increase in GNP
(c) Economic development of a country
(d) Increase in number of colleges in a country
(a) Increase in life expectancy
(b) Increase in GNP
(c) Economic development of a country
(d) Increase in number of colleges in a country
14. Which one from the following is the most labour absorbing sector?
(a) Agriculture
(b) Fisheries
(c) Poultry farming
(d) Mining
(a) Agriculture
(b) Fisheries
(c) Poultry farming
(d) Mining
15. What is the aim of Sarva Siksha Abhiyan?
(a) To provide elementary education to women
(b) To provide elementary education to the rural poor
(c) To provide elementary education to all children in the age group 6-14 years
(d) To provide elementary education to the urban poor
(a) To provide elementary education to women
(b) To provide elementary education to the rural poor
(c) To provide elementary education to all children in the age group 6-14 years
(d) To provide elementary education to the urban poor
16. If a person cannot find jobs during some months of the year, which type of employment is this called?
(a) Structural unemployment
(b) Cyclical unemployment
(c) Seasonal unemployment
(d) None of these
(a) Structural unemployment
(b) Cyclical unemployment
(c) Seasonal unemployment
(d) None of these
17. Where is Seasonal unemployment found ?
(a) Urban areas
(b) Rural areas
(c) Remote areas
(d) Both in rural and urban areas
(a) Urban areas
(b) Rural areas
(c) Remote areas
(d) Both in rural and urban areas
18. The quality of population depends on _____.
(a) Literacy rate
(b) Health
(c) Skill
(d) All the above
(a) Literacy rate
(b) Health
(c) Skill
(d) All the above
19. Which one from the following is the primary sector activities
(i) Forestry
(ii) Poultry farming
(iii) Animal husbandry
(iv) Manufacturing
(a) (i)
(b) (i), (ii), (iii)
(c) (ii), (iii), (iv)
(d) All the above
(i) Forestry
(ii) Poultry farming
(iii) Animal husbandry
(iv) Manufacturing
(a) (i)
(b) (i), (ii), (iii)
(c) (ii), (iii), (iv)
(d) All the above
20.The scheme for the establishment of residential schools to impart education to talented children from rural areas is ___
(a) Kendriya Vidyalayas
(b) Navodaya Vidyalayas
(c) Sarvodaya Vidyalayas
(d) None of the aboves
(a) Kendriya Vidyalayas
(b) Navodaya Vidyalayas
(c) Sarvodaya Vidyalayas
(d) None of the aboves
Answers:
1.(b) Goods and Services
2.(b) Private
3. (c) Prof. Alfred Marshall
4.(d) Wants
5. (a) Savings
6. (c) Producer
7.(a) Primary sector
8.(c) Forestry
9.(a) Agriculture
10. (a) One year
11. (c) 6 to 14 years
12. (a) Sex Ratio
13.(a) Increase in life expectancy
14. (a) Agriculture
15.(c) To provide elementary education to all children in the age group 6-14 years
16. (c) Seasonal unemployment
17. (b) Rural areas
18.(d) All the above
19. (b) (i), (ii), (iii)
20. (b) Navodaya Vidyalayas