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WorksheetsECONOMICS-IX
Total questions: 20
Worksheet time: 7mins
When the existing 'human resource' is further developed by becoming more educated and healthy, we call it ___________
a.Human Resource Development
b.Human capital Formation
c. Physical Capital
Investment in human capital (through education, training, medical care) is similar to investment in physical capital as_______
a.Both results into higher income generation through increasing the productivity
b.Both are undertaken by the employers/producers
c.Both physical capital & human capital mean the same
A large population can be converted into a productive asset by spending on their (a)
Why human capital is superior to other resources like land and physical capital?
a. Land and capital cannot become useful on its own
b. Human resource can make use of land and capital
c. Human beings are the most supreme creation of the God
d. Both (a) & (b)
Vicious cycle gets created when?
a. Parents invest heavily on the education and health of their children
b. Disadvantaged parents are not able to invest on the health and education of their children
c. None of the above
Countries like Japan are developed/rich because
a. They have adequate or surplus natural resources
b. The governments of such countries are rich
c. They have invested on people, especially in the field of education and health.
Which one of the following is an Economic activity?
a.A mother nursing a child
b.Painting as a hobby
c. A teacher teaching in school
(a) activities does not contribute or add value to the GDP or National income of the country.
Production for self consumption is an example of ________
a. Non-Market economic activity
b. Non-Economic activity
c. Economic Activity
Pottery can be classified in which of the following sector of economy:
a. Primary sector
b. Secondary sector
c. Tertiary Sector
Market activity known as production for
exchange
earning income
earning profit
all the above
Which one from the following is the most labour absorbing sector?
Agriculture
Fisheries
Poultry farming
Mining
Which one of the following is considered important to create a 'virtuous cycle' by the parents?
To send their children to the school
To provide goods food to their children
To join their children in corporate schools
To take care of the health and education of their children
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
(i) & (ii)
(iii) & (iv)
(i) & (iii)
(ii) & (iv)
Trade, transport and communication is an example of
PRIMARY SECTOR
Secondary Sector
Tertiary Sector
Non Economic sector
_____________makes all other resources useful and puts them to productive use.
Land
Money
Technology
Human Resource
When there is investment made in the form of education, training and medical care, the population becomes
Working Capital
Human Capital
Fixed Capital
National Capital
Which of the following sectors is related to agriculture, forestry and dairy?
Tertiary Sector
Primary Sector
Secondary Sector
Market Activity
Construction is an activity of which sector?
primary
secondary
tertiary
non market
Chef cooking food is an example of
Economic activity
Non Economic activity
