wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

ECONOMICS-IX

Total questions: 20

Worksheet time: 7mins

Name
Class
Date
1.

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

2.

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

3.

A large population can be converted into a productive asset by spending on their (a)  

4.

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 are the most supreme creation of the God

d)

d. Both (a) & (b)

5.

Vicious cycle gets created when?

a)

a. Parents invest heavily on the education and health of their children

b)

b. Disadvantaged parents are not able to invest on the health and education of their children

c)

c. None of the above

6.

Countries like Japan are developed/rich because

a)

a. They have adequate or surplus natural resources

b)

b. The governments of such countries are rich

c)

c. They have invested on people, especially in the field of education and health.

7.

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

8.

(a)   activities does not contribute or add value to the GDP or National income of the country.

9.

Production for self consumption is an example of ________

a)

a. Non-Market economic activity

b)

b. Non-Economic activity

c)

c. Economic Activity

10.

Pottery can be classified in which of the following sector of economy:

a)

a. Primary sector

b)

b. Secondary sector

c)

c. Tertiary Sector

11.

Market activity known as production for

a)

exchange

b)

earning income

c)

earning profit

d)

all the above

12.

Which one from the following is the most labour absorbing sector?

a)

Agriculture

b)

Fisheries

c)

Poultry farming

d)

Mining

13.

Which one of the following is considered important to create a 'virtuous cycle' by the parents?

a)

To send their children to the school

b)

To provide goods food to their children

c)

To join their children in corporate schools

d)

To take care of the health and education of their children

14.

Choose the non-market activities

(i) Vilas sells fish in the village market

(ii) Vilas cooks food for his family

(iii) Sakal works in a private firm

(iv) Sakal looks after his younger brother and sister

a)

(i) & (ii)

b)

(iii) & (iv)

c)

(i) & (iii)

d)

(ii) & (iv)

15.

Trade, transport and communication is an example of

a)

PRIMARY SECTOR

b)

Secondary Sector

c)

Tertiary Sector

d)

Non Economic sector

16.

_____________makes all other resources useful and puts them to productive use.

a)

Land

b)

Money

c)

Technology

d)

Human Resource

17.

When there is investment made in the form of education, training and medical care, the population becomes

a)

Working Capital

b)

Human Capital

c)

Fixed Capital

d)

National Capital

18.

Which of the following sectors is related to agriculture, forestry and dairy?

a)

Tertiary Sector

b)

Primary Sector

c)

Secondary Sector

d)

Market Activity

19.

Construction is an activity of which sector?

a)

primary

b)

secondary

c)

tertiary

d)

non market

20.

Chef cooking food is an example of

a)

Economic activity

b)

Non Economic activity