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WorksheetsINDIAN ECONOMY
Total questions: 30
Worksheet time: 15mins
The sectors are classified into public and private sector on the basis of :
Employment conditions
The nature of economic activities
Number of workers employed
Ownership of enterprises
When we produce a good by exploiting natural resources, it is an activity of the:
Secondary sector
Tertiary sector
Primary sector
Organised sector
The service sector includes activities such as:
agriculture, dairy, fishing and forestry
making sugar, gur and bricks
transport, communication and banking
None of these
Choose the correct meaning of organised sector:
It covers those enterprises where the terms of employment are regular.
It is outside the control of the government.
Jobs are not regular.
It provides low salaries.
Which of the following is included in tertiary sector?
ATM booths
Call centres
Internet cafe
All of them
Government owns most of the assets and provides all the services:
Private Sector
Public Sector
Organised Sector
Tertiary Sector
The value of all final goods and services produced within a country during a particular year is called as:
Gross Domestic Product
Net Domestic Product
National Product
Production of Tertiary Sector
A situation in which more persons are employed on a job than are optimally required is:
Structural unemployment
Disguised unemployment
Cyclical unemployment
Seasonal unemployment
Out of 200 million children in the school going age group, how many are attending schools?
One-fourth
Half
Two-thirds
One-fifth
Central government in India made a law, implementing the Right to Work in how many districts of India?
150 districts
200 districts
250 districts
625 districts
POPULATION OF INDIA IN 2011 CENSUS
121.08
130.87
120.00
130.87
Who is known as the father of green revolution in India?
Dr. Varghese Kurian
Dr. M S Swaminathan
Dr. Manmohan Singh
Dr. M S Ahluwalia
Which is the characteristics of an underdeveloped economy?
General poverty
Significance of industrial sector
Low growth of population
Use of higher production techniques and skills
Economic growth can be measured by
The CPI
The CBI
GDP
MPC
Optimum Population is that ideal population which provides......
Minimum Income per head
Maximum Income per head
Average Income per head
None of the above
Human Development Index is not related to......
Life Expectancy
Per Capita Income
Gross Domestic Product
Education
What type of economy is followed in India?
Communist
Capitalist
Mixed Socialist
None of these
It is a conscious design to shape the socio-economic processes in order to achieve an objective
Economic planning
Economic development
Economic growth
Economic infrastructure
What is the year of India’s 12th 5-year plan?
1997 – 2002
2002 – 2007
2007 – 2012
2012 – 2017
Which is the primary objective of economic planning in India?
Reducing Inequalities of income
Abolition of poverty
Growth with social justice
Removing unemployment
The planning commission was set up in which year in India?
5th March 1951
25th April 1951
20th March 1951
15th March 1950
Who presented the 1st 5-year plan of the country?
Pt. Jawahar Lal Nehru
Sardar Ballabh Patel
Dr. Rajendra Prasad
None of these
At independence, about ___________________ of the country's population was dependent on agriculture.
70%
75%
65%
80%
The Industrial Policy Resolution was adopted in --------------
1954
1958
1956
1952
The central banking functions in India are performed by the
Central Bank of India
Reserve Bank of India
State Bank of India
Punjab National Bank
Development expenditure of the Central government does not include
defence expenditure
expenditure on economic services
expenditure on social and community services
grant to states
Deficit financing leads to inflation in general, but it can be checked if
government expenditure leads to increase in the aggregate supply in ratio of aggregate demand
only aggregate demand is increased
all the expenditure is denoted national debt payment only
none
If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
will decrease
will increase
will neither increase nor decrease
None of the above
India changed over to the decimal system of coinage in
April 1995
April 1957
April 1958
April 1959
