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Quiz - Economics - Chapter-2

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

How do enormous privately owned businesses contribute in the development of a country?

a)

By increasing usefulness of the country in the assembling of industrial goods

b)

By increasing the requests for their items through advertisements

c)

By giving private hospital facilities to the rich

d)

By increasing their profits

2.

Employment figures of a nation depend on information gathered from 5-yearly overview on work and joblessness. Which organization leads this review?

a)

NREGA

b)

UNDP

c)

MTCR

d)

NSSO

e)

OPCW

3.

In terms of production (a)   sector was dominant in 2010 – 11

4.

Identify the correct secondary sector activity

a)

Production Of Cotton

b)

Transportation Of Cotton

c)

Production Of Cloth

d)

Transportation Of Cloth

e)

None of these

5.

The term Underemployment is related to

a)

People are made to work under there employer

b)

People are not fully employed

c)

Peoples look to be working but they are made to work less than their potential

d)

All Of These

e)

None Of These

6.

The area where the responsibility for and conveyance of administrations is in the hands of people is called

a)

Private Sector

b)

Secondary Sector

c)

Public Sector

d)

Unorganized Sector

e)

None Of These

7.

Any sector can experience _

(a)  

8.

Goods produced by exploiting common natural resources have a place which of the sectors

a)

Primary

b)

Secondary

c)

Teritary

d)

All Of These

e)

None Of These

9.

In terms of GDP the share of tertiary sector in 2003 was:

a)

20%-30%

b)

30%-40%

c)

40%-50%

d)

50%-60%

e)

60%-70%

10.

Banking, Insurance, Transportation, communication, Internet bistro, exchange are the exercises of

a)

Agriculture Sector

b)

Industrial Sector

c)

Service Sector

d)

All Of These

e)

None Of These

11.

A bicycle repair shop is considered to come under unorganized sector because

a)

Less or no job security

b)

All Of These

c)

No fixed working hours

d)

None Of These

e)

No Paid Leaves

12.

Extraction of Minerals is an activity of

a)

Tertiary Sector

b)

Primary Sector

c)

None Of These

d)

Seondary Sector

13.

Identify the private sector business

a)

Hindustan Petroleum Corporation Limited

b)

Oil and Natural Gas Corporation

c)

Indian Oil Corporation

d)

Infosys Technologies Limited

14.

The areas are arranged into public and private area based on :

a)

Number of workers employed

b)

The nature of economic activities

c)

Employment conditions

d)

Ownership of enterprises

e)

Through theirs contribution in GDP

15.

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

a)

625 districts

b)

250 districts

c)

150 districts

d)

200 districts

16.

Choose the correct meaning of organised sector:

a)

Jobs are not regular.

b)

It provides low salaries.

c)

It is outside the control of the government.

d)

It covers those enterprises where the terms of employment are regular

e)

Work hours are flexible

17.

A situation in which more persons are employed on a job than are optimally required is:

a)

Disguised unemployment

b)

Seasonal unemployment

c)

Cyclical unemployment

d)

Structural unemployment

18.

Under employed people are found in

a)

Primary

b)

All Of These

c)

Secondary

d)

Industrial

e)

None Of These

19.

Workers in the _ sector do not produce goods

(a)  

20.

The activities in primary, secondary and tertiary sectors are_ (independent/interdependent)

(a)