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1 CLASS X ECONOMICS (SOCIAL SCIENCE) CHAPTER:1(DEVELOPMENT) 1. In order to get more income people need:- a. Regular work b. Better wages c. Decent price for their crops d. All of these 2. Things like equal treatment, freedom, security and respect of others are:- a. Material things b. Non material things 3. National Developmentrefers to:- a. Equality b. Democratic 4. Per capita income refers to :- a. Whole income b. Average income c. Income d. Growth c. Employment d. Development of all sections c. National Income of these 5. Literacy measures the proportion of literate population in the age group. a. 5 and above b. 6 and above 6. BMI Stands for:- a. Body Mass Index b. Bureau Mass Index 7. In HDI the letter D stands for:- a. Development b. Decision c. 7 and above d. 8 and above c. Below Measure Index of these c. Develop d. Delimitation 8. Sustainable development takes care of the present and a. Society b. Past 9. National Income refers to:- a. Sum of all the factor incomes b. Wages 10. Economic Growth plus Change means:- a. Economic Development b. Sustainable Development c. Future d. Community c. Rent d. Interest c. National Income d.. None of these

2 CHAPTER: 2(Sectors of the Indian Economy) 1. People are engaged in to produce goods and services. a. Work b. Income 2. Primary Sector is also known as a. Agriculture and its related activities b. Agriculture 3. Secondary Sector is also known as a. Industrial Sector b. Manufacturing 4. Tertiary Sector is also known as a. Services Sector b. Hotel and restaurant 5. Biscuits for the consumer in the market is a a. Final good b. Intermediate good 6. In GDP, the letter D stands for a. Domestic b. Depression c. Economic activities d. Growth c. Economy d. Dairy c. Restructuring of these c. Trade of these c. Good d. Services c. Development d. Deduction 7. From 1973 to 2003 which of the following sectors has grown considerably:- a. Tertiary b. Secondary c. Agriculture 8. The share of tertiary sector to the GDP has increased but the contribution of which sector to employment is highest at present a. Primary b. Tertiary 9. Under employed people are found in a. Agriculture b. Industry c. Secondary of these c. Services of these 10. Under the National Rural Employment Guarantee Act 2005, work has been guaranteed for days. a. 100 b. 200 c. 300 d. 400

3 CHAPTER:-3(Money and Credit) 1. Double coincidence of wants is a feature of.. a. Money b. Barter system of exchange c. Market d. Economy 2. Money acts as an intermediate in the exchange process hence it is called a.. a. Store of value b. Standard of measurement c. Medium of exchange 3. The modern currency is accepted as a medium of exchange because the currency is..by the government of the country. a. Managed b. Authorised c. Controlled d. Owned 4. In India, who issues the currency notes on behalf of the central government? a. Reserve Bank of India b. State Bank of India c. Finance Minister of India 5. A cheque is a paper. the bank to pay a specific amount from the person s account to the person in whose name the cheque has been made. a. Instructing b. Guaranteeing c. Authorising d. Permitting 6. Credit(loan) refers to an agreement in which the lender supplies the borrower with money, goods or services in return for the promise of.. a. Future payment b. Payment made c. No payment d. Security 7. Collateral is an asset that the borrower owns such as land,building,vehicle, live stocks and.. a. Money b. Deposits with banks c. Gold d. Bank 8. Banks and Cooperative sector are included in which sector loan? a. Formal sector b. In-formal sector c. Credit sector d. Savings sector 9. Self-Help Groups help the women and rural poor to become. Selfreliant. a. Financially c. Agriculturally b. Industrially d. Occasionally 10. Grameen Bank of Bangladesh is founded by.. a. Prof.M. Yunis b. Prof. A. Sen c. Dr M.M.Singh d. Ms T.Nasreen

4 CHAPTER 4:- (GLOBALISATION AND THE INDIAN ECONOMY) 1. In the concept MNCs, what is N? a. Notion b. Name c. National d. Need 2. An MNC is a company that owns or controls production in more than.nation. a. One b. Two c. Three d. Four 3. Globalisation means.. the domestic economy to the rest of the world. a. Disintegration b. Opening up 4. Foreign trade means trade. countries. a. In b. Between c. Inviting d. Degrading c. Of d. Relation 5. Globalisation is the process of rapid integration or between countries. a. Interconnection b. Interdisciplinary c. Inter-location d. Intra-location 6. Information and communication technology has been a major factor for the process of. a. Globalisation b. Generation c. Growth d. Economy 7. Removing barriers or restrictions set by the government is known as a. Liberalisation b. Privatisation 8. Tax on import is an example of a. Growth impediment b. Trade barrier 9. What came into existence in 1991? a. New Economic policy b. World Trade Organisation c. Globalisation c. Foreign trade c. GATT 10. World Trade Organisation s aim is to liberalise a. International Trade c. Trade b. Domestic Trade 11. SEZs stand for a. Special Electricity Zones b. Southern Electricity Zones c. Special Economic Zones

5 CHAPTER- 5 :-( Consumer Rights) 1. We the common people participate in the market as and. a. Producers, Consumers b. Government, Firms c. Goods, Services 2. and. are required for the protection of the consumers in the market place. a. Rules, Regulations b. Goods, Services c. Law, Price 3. Exploitation in the market place happens in which of the following ways by the traders? a. less weight b. Adulteration c. Sale of defective goods d. All of these 4. Rampant food shortages, hoarding, black marketing, adulteration of food and edible oil gave birth to a. Consumer movement b. Population explosion c. Consumption d. Production 5. In 1985 the United Nations adopted the UN Guidelines for. a. Consumer protection b. Consumer awareness c. Consumer movement 6. Consumer Protection Act (COPRA) was enacted by the Government of India in. a b c d National Consumer. Redressal Commission is located in New Delhi. a. Disputes b. Distress c. Decision d. District 8. Right to Information Act came into existence in. a b c d Right to choose, Right to seek redressal, Right to represent and Right to be informed are. a. Consumer rights b. Fundamental rights 10. ISI, ISO, Agmark, Hallmark etc. are. a. Logos b. Certification c. Both a and b d. Neither a nor b c. Fundamental duties of these

ECONOMICS. Class X / Economics/116

ECONOMICS. Class X / Economics/116 ECONOMICS Class X / Economics/116 SYLLABUS APRIL/MAY 2016 TOPIC: Economic Development Traditional notion on development National income Per capita income Economic Growth &economic development Critical