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Worksheets

ECO PAHELI

Total questions: 20

Worksheet time: 3mins

Name
Class
Date
1.

People often underestimate benefits of these Goods which tend to have positive implications.

a)

Luxury goods

b)

Free goods

c)

Merit goods

d)

Quasi public goods

2.

Something that is perceptible by touch.

a)

Scarce

b)

Tangible

c)

Want

d)

Service

3.

A market having large number of firms that sell similar but slightly different products?

a)

Perfect competition

b)

Oligopoly

c)

Monopolistic competition

d)

Monopoly

4.

On which date was demonetisation announced?

a)

5th November

b)

10th November

c)

8th November

d)

12th November

5.

Which of the following is the best example for a perfectly competitive market?

a)

Diamonds

b)

Athletic shoes

c)

Soft drinks

d)

Farming

6.

Another word for money?

a)

Barter

b)

Economics

c)

Currency

d)

Price

7.

That which is used in the operation of a business but are not used in the actual production of a good or service.

a)

Equipment

b)

Items

c)

Producers

d)

Capital

8.

Which of the following market types has only a few competing firms?

a)

Perfect competition

b)

Monopolistic competition

c)

Monopoly

d)

Oligopoly

9.

Things which are not necessary, but which give you pleasure or make your life more comfortable.

a)

Inferior goods

b)

Normal goods

c)

Luxury goods

d)

Public goods

10.

What is India's current ease of doing business rank?

a)

72

b)

61

c)

69

d)

63

11.

Which product must necessarily be used together with another product or service ?

a)

Supplementary goods

b)

Complementary goods

c)

Giffen goods

d)

Public goods

12.

Which sector has been affected the worst due to the Covid-19 ?

a)

Automobile sector

b)

Tourism sector

c)

Real estate sector

d)

Aviation sector

13.

Who is the current defence Minister of India ?

a)

Arvind Virmani

b)

Rajnath Singh

c)

Arvind Subramanian

d)

Rakesh Mohan

14.

Which was the 1st bank managed by Indians ?

a)

State Bank of India

b)

Allahabad Bank

c)

Oudh Bank

d)

None of these

15.

The current president of world bank ?

a)

Masatsuga Asakawa

b)

Kristalina Georgeiva

c)

David Malpass

d)

Robert B Zoellick

16.

From 1st April 2020, Syndicate bank was merged with which bank?

a)

Punjab National Bank

b)

Bank of Baroda

c)

State Bank of India

d)

Canara Bank

17.

The current Minister of State of Finance?

a)

Anurag thakur

b)

Som parkash

c)

Jitendra Singh

d)

Kailash Choudhary

18.

Which is the parent agency of NITI Aayog?

a)

Ministry of Planning

b)

Ministry of Finance

c)

Ministry of Commerce and Industry

d)

Ministry of Corporate Affairs

19.

On 19th August Supreme Court refused to order transfer of funds from PM CARES to?

a)

The National Health Protection Scheme

b)

Consolidated fund of India

c)

National Social Assistance scheme

d)

National Disaster response fund

20.

When did Apple hit the 2 trillion market capitalization milestone ?

a)

19th August

b)

22Nd August

c)

20th August

d)

21st August.