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Economic Presence of Govt

Total questions: 36

Worksheet time: 12mins

Name
Class
Date
1.

Narendra Modi announced demonetization on

a)

8th November 2016

b)

8th October 2016

c)

8th July 2016

2.

The pair of notes demonetized

a)

500, 2000

b)

500,1000

c)

1000, 2000

3.

If you budget, you don't just spend or save, you plan your _____ .

a)

responsible

b)

expenses

c)

poor

d)

rich

4.

The sectors are classified into public and private sector on the basis of :

a)

Employment conditions

b)

The nature of economic activities

c)

Number of workers employed

d)

Ownership of enterprises

5.

When we produce a good by exploiting natural resources, it is an activity of the:

a)

Secondary sector

b)

Tertiary sector

c)

Primary sector

d)

Organised sector

6.

The service sector includes activities such as:

a)

agriculture, dairy, fishing and forestry

b)

making sugar, gur and bricks

c)

transport, communication and banking

d)

None of these

7.

Choose the correct meaning of organised sector:

a)

It covers those enterprises where the terms of employment are regular.

b)

It is outside the control of the government.

c)

Jobs are not regular.

d)

It provides low salaries.

8.

Which of the following is included in tertiary sector?

a)

ATM booths

b)

Call centres

c)

Internet cafe

d)

All of them

9.

Government owns most of the assets and provides all the services:

a)

Private Sector

b)

Public Sector

c)

Organised Sector

d)

Tertiary Sector

10.

The value of all final goods and services produced within a country during a particular year is called as:

a)

Gross Domestic Product

b)

Net Domestic Product

c)

National Product

d)

Production of Tertiary Sector

11.

Central government in India made a law, implementing the Right to Work in how many districts of India?

a)

150 districts

b)

200 districts

c)

250 districts

d)

625 districts

12.

find the odd one out

a)

teacher

b)

doctor

c)

vegetable vendor

d)

lawyer

13.

MGNREGA was implemented in

a)

1990

b)

1998

c)

2000

d)

2005

14.

It is a conscious design to shape the socio-economic processes in order to achieve an objective

a)

Economic planning

b)

Economic development

c)

Economic growth

d)

Economic infrastructure

15.

What type of economy is followed in India?

a)

Communist

b)

Capitalist

c)

Mixed Socialist

d)

None of these

16.

The planning commission was set up in which year in India?

a)

5th March 1951

b)

25th April 1951

c)

20th March 1951

d)

15th March 1950

17.

Who presented the 1st 5-year plan of the country?

a)

Pt. Jawahar Lal Nehru

b)

Sardar Ballabh Patel

c)

Dr. Rajendra Prasad

d)

None of these

18.

The Industrial Policy Resolution was adopted in --------------

a)

1954

b)

1958

c)

1956

d)

1952

19.

Which of the following statement is correct about the NITI Aayog?

a)

NITI Aayog was Formed 25 January 2016

b)

NITI Aayog comes under the Ministry of Commerce and Industry

c)

The full form of NITI Aayog is National institute for Transforming India

d)

The NITI Aayog is a policy think tank of the Government of India

20.

When was NITI Aayog established?

a)

1 January 2015

b)

25 January 2016

c)

14 May 2014

d)

1 July 2015

21.

NITI Aayog is planning a new framework for

a)

Five-Year Plans

b)

Finance Commission

c)

Budget

d)

All of the above

22.

In which year India's first five year plan launched?

a)

1951

b)

1947

c)

1940

d)

1950

23.

In which year India's first five year plan launched?

a)

1951

b)

1947

c)

1940

d)

1950

24.

Which was the last Five Year plan in Indian ?

a)

11th

b)

12th

c)

14th

d)

13th

25.

When was Niti Aayog setup?

a)

1 January 2016

b)

1 April 2015

c)

15 March 2016

d)

1 January 2015

26.

Who is chairperson of NITI Aayog?

a)

Prime Minister Mr Narendra Modi

b)

Mrs Sita Raman

c)

Mr Piyush Goel

d)

Mrs Mamta Banrjee

27.

Who is vice Chairperson of Niti Aayog

a)

Prof Ramesh Chand

b)

Dr Rajiv Kumar

c)

Shri V.K Saraswat

d)

Dr V.K Paul

28.

__________________ is an indirectly elected body

a)

Lok Sabha

b)

Supreme Court

c)

Rajya Sabha

d)

High Court

29.

Rajya Sabha has ____________ nominated members

a)

Eight

b)

Eleven

c)

Ten

d)

Twelve

30.

The legislature also ensures that the government does not misspend or overspend through the _________

a)

Taxes

b)

Budget

c)

Panel Discussion

d)

Niti Aayog

31.

The assent of the ______________ results in the enactment of a bill into a law

a)

Speaker

b)

Prime Minister

c)

President

d)

Chief Justice of India

32.

Through _________________, the Legislature controls the Policy of the Government

a)

Executive Control

b)

Administrative Control

c)

Financial Control

d)

Judicial Control

33.

Green Revolution resulting from:

a)

Traditional Irrigation facilities

b)

Use of manure

c)

HYV seeds

d)

None of these

34.

Which of the following is not a long period objective of planning in India?

a)

GDP growth

b)

Full employment

c)

Better quality of life

d)

Equitable distribution

35.

In the industrial Policy Resolution 1956, (a)   industries were reserved for public Sector.

36.

A (a)   economy is the one in which there is private as well as public ownership of the means of production.