Answer:

Explanation:

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 enterprises3

Answer

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

Answer

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

Answer

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.

Answer

5. Which of the following is included in tertiary sector?

(a) ATM booths

(b) Call centres

(c) Internet cafe

(d) All of them

Answer

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

(a) Private Sector

(b) Public Sector

(c) Organised Sector

(d) Tertiary Sector

Answer

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

Answer

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

Answer

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

Answer

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

Answer

11. GDP stands for Gross Domestic Product. What does it show? Pick up the correct statement given below:

(a) It shows how big is the economy of a country in a given year in terms of its total output.

(b) It shows what the total product of a country in a given year without counting the country’s total resources.

(c) It shows the number of people involved in production in a particular year.

(d) It shows the total value of trade trans-actions of a country in a particular year.

Answer

12. Employment figures of a country are based on data collected from 5-yearly survey on employment and unemployment. Which organisation conducts this survey?

(a) NSSO—National Sample Survey Organisation

(b) NREGA 2005—National Rural Employment Guarantee Act, 2005

(c) ILO — International Labour Organisation

(d) Census of India

Answer

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

(a) Textile

(b) Wheat flour

(c) Cotton

(d) Tomtao sauce

Answer

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

(a) A farmer irrigating his field.

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

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

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

Answer

15. Identify the correct answer from the alternatives provided.

Both Tisco and Reliance Industries are owned by :

(a) The government

(b) Private company

(c) A cooperative society

(d) Jointly by private companies and the govt.

Answer

16. 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) 200 days

(b) 100 days

(c) 30 days

(d) 60 days

Answer

17. Choose one correct statement from the following:

Underemployment occurs —

(a) when people are not willing to work.

(b) when people are working slowly.

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

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

Answer

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

(a) Secondary sector

(b) Tertiary sector

(c) Primary sector

(d) Science and Technology sector

Answer

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

(a) Among agricultural workers working for small farm lands

(b) Among part-time industrial workers

(c) In most of the government offices

(d) In big private companies

Answer

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

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

(b) By increasing their profits.

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

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

Answer