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Worksheets

ECONOMICS

Total questions: 20

Worksheet time: 7mins

Name
Class
Date
1.

Q1 What are the factors of production ?

a)

Land

b)

Capital

c)

Labour

d)

All of these

2.

Q2 Which of the following is used in modern farming method ?

a)

Chemical Fertilizers

b)

HYV Seeds

c)

Both

d)

None of these

3.

Q3 Which of the following is the working capital ?

a)

Cash

b)

Tools

c)

Machines

d)

Land

4.

Q4 The main reason why farmers are able to grow 2 or 3 crops in a year is due to ______ ?

a)

Persian wheels

b)

Well developed system of irrigation

c)

HYV seeds

d)

Expansion of land area

5.

Q5 What does multiple cropping mean ?

a)

Autumn harvest

b)

Unit of measuring land in India

c)

Growing more than one crop on the same piece of land during a year

d)

Landless farmers

6.

Q6 The non - farming activities that are practised by farmers include

a)

Dairy farming

b)

Small scale manufacturing

c)

Transportation of goods and people

d)

All of the above

7.

Q7 The full - form of HYV is

a)

High yielding varieties

b)

Huge yielding varieties

c)

Half yielding varieties

d)

Heavy yielding varieties

8.

Q8 How many families are landless in Palampur ?

a)

200

b)

75

c)

150

d)

100

9.

Q9 When did Green Revolution occur in India ?

a)

1958

b)

1961

c)

1960

d)

1962

10.

Q10 Operation Flood is related to

a)

Milk production

b)

Produce fish

c)

Control food

d)

Grain production

11.

Q11 Which sector includes shopkeeping ?

a)

Primary sector

b)

Tertiary sector

c)

Secondary sector

d)

None of these

12.

When the existing 'human resource' is further developed by becoming more educated and healthy, we call it ___________

a)

a.Human Resource Development

b)

b.Human capital Formation

c)

c. Physical Capital

d)

d. None of these

13.

Investment in human capital (through education, training, medical care) is similar to investment in physical capital as_______

a)

a.Both results into higher income generation through increasing the productivity

b)

b.Both are undertaken by the employers/producers

c)

c.Both physical capital & human capital mean the same

d)

d.All of these

14.

Why human capital is superior to other resources like land and physical capital?

a)

a. Land and capital cannot become useful on its own

b)

b. Human resource can make use of land and capital

c)

c. Human beings posses knowledge and skills

d)

d. Both (a) & (b)

15.

Which one of the following is an Economic activity?

a)

a.A mother nursing a child

b)

b.Painting as a hobby

c)

c. A teacher teaching in school

d)

Helping to beggar

16.

(a)   activities contribute or add value to the GDP or National income of the country.

17.

What are the things purchased by consumers?

a)

goods

b)

money

c)

producer

d)

Raw material

18.

A person who provides a good or service

a)

producer

b)

need

c)

want

d)

consumer

19.

A person who purchases a good or service

a)

consumer

b)

taxes

c)

supply

d)

good

20.
In economic terms, which action shows a person acting as an investor?
a)
A person sells a car to a neighbor.
b)
A person puts money in a savings account.
c)
A person drives students to school.
d)
A person buys a new pair of shoes.