wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

INDIAN ECONOMY

Total questions: 30

Worksheet time: 15mins

Name
Class
Date
1.

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

2.

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

3.

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

4.

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.

5.

Which of the following is included in tertiary sector?

a)

ATM booths

b)

Call centres

c)

Internet cafe

d)

All of them

6.

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

a)

Private Sector

b)

Public Sector

c)

Organised Sector

d)

Tertiary Sector

7.

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

8.

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

a)

Structural unemployment

b)

Disguised unemployment

c)

Cyclical unemployment

d)

Seasonal unemployment

9.

Out of 200 million children in the school going age group, how many are attending schools?

a)

One-fourth

b)

Half

c)

Two-thirds

d)

One-fifth

10.

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

11.

POPULATION OF INDIA IN 2011 CENSUS

a)

121.08

b)

130.87

c)

120.00

d)

130.87

12.
Subsidies are
a)
rights to increase trade with Great Britain and her colonies
b)
extra payments or bonuses to grow or produce certain crops.
c)
permission to trade directly with other countries.
d)
land payments which made it easier to remain in the colony.
13.

Who is known as the father of green revolution in India?

a)

Dr. Varghese Kurian

b)

Dr. M S Swaminathan

c)

Dr. Manmohan Singh

d)

Dr. M S Ahluwalia

14.

Which is the characteristics of an underdeveloped economy?

a)

General poverty

b)

Significance of industrial sector

c)

Low growth of population

d)

Use of higher production techniques and skills

15.

Economic growth can be measured by

a)

The CPI

b)

The CBI

c)

GDP

d)

MPC

16.

Optimum Population is that ideal population which provides......

a)

Minimum Income per head

b)

Maximum Income per head

c)

Average Income per head

d)

None of the above

17.

Human Development Index is not related to......

a)

Life Expectancy

b)

Per Capita Income

c)

Gross Domestic Product

d)

Education

18.

What type of economy is followed in India?

a)

Communist

b)

Capitalist

c)

Mixed Socialist

d)

None of these

19.

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

20.

What is the year of India’s 12th 5-year plan?

a)

1997 – 2002

b)

2002 – 2007

c)

2007 – 2012

d)

2012 – 2017

21.

Which is the primary objective of economic planning in India?

a)

Reducing Inequalities of income

b)

Abolition of poverty

c)

Growth with social justice

d)

Removing unemployment

22.

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

23.

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

24.

At independence, about ___________________ of the country's population was dependent on agriculture.

a)

70%

b)

75%

c)

65%

d)

80%

25.

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

a)

1954

b)

1958

c)

1956

d)

1952

26.

The central banking functions in India are performed by the

a)

Central Bank of India

b)

Reserve Bank of India

c)

State Bank of India

d)

Punjab National Bank

27.

Development expenditure of the Central government does not include

a)

defence expenditure

b)

expenditure on economic services

c)

expenditure on social and community services

d)

grant to states

28.

Deficit financing leads to inflation in general, but it can be checked if

a)

government expenditure leads to increase in the aggregate supply in ratio of aggregate demand

b)

only aggregate demand is increased

c)

all the expenditure is denoted national debt payment only

d)

none

29.

If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits

a)

will decrease

b)

will increase

c)

will neither increase nor decrease

d)

None of the above

30.

India changed over to the decimal system of coinage in

a)

April 1995

b)

April 1957

c)

April 1958

d)

April 1959