Free Printable X Economics Ch 2

1.

Identify the natural product from the list of items given below:

a)

(a) Textile

b)

(b) Wheat flour

c)

(c) Cotton

d)

(d) Tomtao sauce

2.

Which of the following examples does not fall under unorganized sector?

a)

(a) A farmer irrigating his field.

b)

(b) A daily wage labourer working for a contractor.

c)

(c) A doctor in a hospital treating a patient.

d)

(d) A handloom weaver working on a loom in her house.

3.

NREGA (National Rural Employment Guarantee Act of 2005) has guaranteed ………. days of employment in a year in many districts of India. What are the correct number of days?

a)

(a) 200 days

b)

(b) 100 days

c)

(c) 30 days

d)

(d) 60 days

4.

Choose one correct statement from the following:

Underemployment occurs —

a)

(a) when people are not willing to work.

b)

(b) when people are working slowly.

c)

(c) when people are working less than what they are capable of doing.

d)

(d) when people are not paid for their jobs.

5.

Which sector has emerged as the largest producing sector in India. Select one from the following alternatives:

a)

(a) Secondary sector

b)

(b) Tertiary sector

c)

(c) Primary sector

d)

(d) Science and Technology sector

6.

Where will you find the disguised unemployment most? Select the correct option from those given below:

a)

(a) Among agricultural workers working for small farm lands

b)

(b) Among part-time industrial workers

c)

(c) In most of the government offices

d)

(d) In big private companies

7.

How do big private companies contribute in the development of a nation?

a)

(a) By increasing the demands for their products through advertisements.

b)

(b) By increasing their profits.

c)

(c) By increasing productivity of the country in the manufacturing of industrial goods.

d)

(d) By providing private hospital facilities for the rich.

8.

Tertiary sector is also called ……….. .

(a)

9.

Communication and banking come under ……….. sector.

(a)

10.

Cotton cultivation falls under ……….. sector.

(a)

11.

In the public sector, the ……….. owns most of the assets and provides all services.

(a)

12.

In the Private sector, the ownership lies in the hands of ……….. .

(a)

13.

Bankers and truck drivers belong to ……….. sector of the economy.

(a)

14.

Goods or services that a country sells to other nations are called

a)

Duty

b)

Tariffs

c)

Exports

d)

Imports

15.

The buildings, machines, and tools that companies use to make products

a)

capital resources

b)

human resources

c)

natural resources

d)

entrepreneurs

16.

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

a)

Structural unemployment

b)

Disguised unemployment

c)

Cyclical unemployment

d)

Seasonal unemployment

17.

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

18.

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

19.

Workers in the____________ sector do not produce goods.

a)

Primary Sector

b)

Secondary Sector

c)

Tertiary Sector

20.

Which of the following best describes gross domestic product?

a)

The growth in the number of goods and services bought over a period of time

b)

The value of good and services bought over a period of time

c)

The number of goods and services produced over a period of time

d)

The value of goods and services produced over a period of time

21.

What is GDP per capita?

a)

GDP x population

b)

GDP / population

c)

GDP + population

d)

GDP - population

22.

If GDP is Rs. 300 billion and the population is 30 million. What is GDP per capita?

a)

Rs. 270 billion

b)

Rs. 100,000

c)

Rs. 10,000

d)

Rs. 1,000

X Economics Ch 2

Total questions: 22

Worksheet time: 45mins

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