254 + Interview Questions in Economics in Class 10 Page 1 InterviewSolution

1.	Most loans from informal lenders carry a very high interest rate and do little to increase the income of the
Answer» BORROWERS Lenders People Byers Answer :A

Discussion

2.	Globalisation has proved to be advantageous for the Indian economy on account of
Answer» lesser competition AMONG producers greater competition among producers no CHANGE in com p etitio n am ong producers None of these Answer :B

Discussion

3.	Employment in the service sector has not ............................ to the same extent asproduction.
Answer» decreased increased equal None of these Answer :B

Discussion

4.	Liberalisation refers to
Answer» ENCOURAGING PUBLIC sectors high IMPORT duty removing trade barriers putting restrictions on private sectors Answer :C

Discussion

5.	Employment in the service sector has not ________to the same extent as production.
Answer» Equal Increased Parallel Decreased Answer :B

Discussion

6.	The most devastating famine that occurred in India was the famine of Bengal in the year
Answer» 1960 1950 1990 1943 Answer :D

Discussion

7.	India is one of the many countries in the world which has exclusive courts for
Answer» drugs consumer redressal agricultural PRODUCTS NONE of these Answer :B

Discussion

8.	The concept of WhiteRevolution is associated with
Answer» FOODS crops milk cotton pesticides Answer :B

Discussion

9.	Consumers have the right to seek_____ against unfair trade practices and exploitation.
Answer» Redressa Books Funds Capital Answer :a

Discussion

10.	Formal sources of credit comes from
Answer» landlord relatives or friends commercial banks businessmen Answer :C

Discussion

11.	Quality of population depends upon the
Answer» Literacy RATE (b) HEALTH of a PERSON indicated by lifeexpectancy (c) Skill FORMATION(d) All of these Health of a person indicated by lifeexpectancy Skill formation All of these Answer :d

Discussion

12.	In rural areas, which of the following are not poor?
Answer» Landless agricultural workers Backward classes RURAL ARTISANS MEDIUM farmers Answer :D

Discussion

13.	Amul Dairy is situated in which state of India?
Answer» Rajasthan Gujarat Karnataka Bihar Answer :B

Discussion

14.	Which one of the following is considered important to create a 'virtuous cycle' by the parents?
Answer» To send their children to the school To provide good food to their children To ENROL children in corporate schools To TAKE care of the HEALTH and education of their children Answer :d

Discussion

15.	Which one of the following is not true regarding impact of globalisation of India?
Answer» labour laws not IMPLEMENTED properly and WORKERS are denied their rights. labour laws not implemented properly and workers are denied their rights. it has created jobs in the service sector. benefits of globalisation are not SHARED equally. Answer :B

Discussion

16.	Most of the workers in the______sector enjoy job security.
Answer» Unorganised Organised Best Perfect Answer :B

Discussion

17.	Most of the workers in the...............sector enjoy job security.
Answer» unorganised organised equal None of these Answer :B

Discussion

18.	Which Kharif crop is used for cattle feed?
Answer» Sugarceane Patato Jowar and bajra Wheat Answer :C

Discussion

19.	_______is an asset that the borrower owns and uses as a guarantee until the loan is repaid to the lender.
Answer» Papers Collateral Source Firm Answer :B

Discussion

20.	............................is an asset that the borrower owns and uses as a guarantee until the loan is repaid to the lender,
Answer» Selector Collateral Modular None of these Answer :B

Discussion

21.	Multiple cropping stands for
Answer» growing mandatorily four crops HYBRID PLANATATION method planatation USING MANY techniques the practice of growing more than one crop on a same PIECE of land during a year Answer :D

Discussion

22.	Bhagat bought branded packaged milk of 500ml from a retailer. The packet actually gave 400ml of milk. In this situation
Answer» he can FILE a criminal COMPLAINT against the company under INDIAN PENAL Code he can APPROACH the Consumer Cour Either (a) or (b Both (a) and (b Answer :d

Discussion

23.	Mother Dairy is making strides in provision of milk and vegetables to the consumers at controlled rate decided by
Answer» GOVERNMENT of Bihar Government of Gujarat Government of Punjab Government of Delhi Answer :D

Discussion

24.	In which state have the land reform measures helped to reduce poverty?
Answer» Tamil NADU Punjab West BENGAL Kerala Answer :C

Discussion

25.	Which of the following is a modern farming method?
Answer» MULTIPLE cropping USE of HYV seeds Use of CHEMICAL fertilisers Both (b ) and (C ) Answer :D

Discussion

26.	Marginal farmers are those
Answer» who use MODERN methods of farming who PRACTICE CROP ROTATION for farming who do not have sufficient land for farming None of these Answer :C

Discussion

27.	Market activity is known as production for
Answer» EXCHANGE EARNING INCOME earning PROFIT All of these ANSWER :d

Discussion

28.	Kerala has a low Infant Mortality Rate because it has adequate provision of basic health and
Answer» EDUCATIONAL facilities Sports facilities Security facilities Entertainment facilities Answer :A

Discussion

29.	All production is organised by combining land, labour , physical capital and human capital, which are known as
Answer» FACTOR of politics Factor of education Factor of production Factor of sports Answer :C

Discussion

30.	Average income is also called
Answer» PER CAPITA incentive Per capita income Percent CAPITAL income Per capital information Answer :B

Discussion

31.	The accepted average calorie requirement in India is _______ calories per person per day in rural areas and ______ calories per person per day in urban arcas.
Answer» `3400, 3100` `4000, 2100` `2400, 2100` `2400, 3000` ANSWER :C

Discussion

32.	Investment made by MNCs is called
Answer» INTERNAL investment Dollor investment Foreign investment Pond investment Answer :C

Discussion

33.	Informal sources of credit does not include
Answer» traders relatives and friends employers cooperatives Answer :A

Discussion

34.	Rural Employment Generation Programme (REGP) was launched in
Answer» `1990` `2000` `1991` `1995` ANSWER :D

Discussion

35.	Which one of the following is an economic activity?
Answer» Work of NURSE at her home Work of Doctor at their home Work of TEACHER in the school None of these Answer :C

Discussion

36.	What is COPRA?
Answer» Consumer Operating PROTECTION REGULATION Authority Consumer Protection Act Consumer Protection Authority All of these Answer :B

Discussion

37.	Banks charge a higher interest rate on loans than what they offer on._______
Answer» Buyers Credits Sellers Deposits Answer :D

Discussion

38.	Banks charge a higher interest rate on loans than what they offer on
Answer» value amount deposits NONE of these Answer :C

Discussion

39.	_________ is the number of babies born there for every 1,000 people during a particular period of time.
Answer» Birth RATE BABY rate BORN rate Big rate Answer :a

Discussion

40.	What is the aim of Sarva Siksha Abhiyan?
Answer» To provide ELEMENTARY education to women To provide elementary education to the rural POOR To provide elementary education to all children in the age group 6-14 YEARS To provide elementary education to the urban poor ANSWER :c

Discussion

41.	In SHG most of the decisions regarding savings and loan activities are taken by
Answer» Non-government ORGANISATIONS Non-private organisations BUSINESS organisations None of these Answer :A

Discussion

42.	What is the main cause of poverty in India?
Answer» High INCOME INEQUALITIES LESS JOB opportunities High growth in population All of these Answer :D

Discussion

43.	Sectors are classified into public and private sector on the basis of
Answer» OWNERSHIP of enterprise Ownership of government Ownership of COUNTRY Ownership of states Answer :A

Discussion

44.	Decrease in IMR (Infant Mortality Rate) of a country signifies
Answer» INCREASE in life EXPECTANCY increase in GNP ECONOMIC development of a country increase in number of colleges in a country Answer :a

Discussion

45.	A ............... mediates between those who have surplus money and those who need money by allowing both to open accounts with it.
Answer» bank money note None of these Answer :A

Discussion

46.	Massive starvation takes place due to
Answer» RISE in the PRICE of ESSENTIAL commodities decline in production of food grains drought both (a) and (b) Answer :C

Discussion

47.	The enactment of COPRA has led to the setting up of separate departments of Consumer Affairs in _______ and_______ governments.
Answer» CENTRAL, state Village, bloc City, town State, tehsil Answer :a

Discussion

48.	The activities in primary, secondary and tertiary sectors are_______
Answer» Dependent Final INTERDEPENDENT Finished Answer :C

Discussion

49.	The activities in primary, secondary and tertiary sectors are..............................
Answer» BASICALLY small formulated interdependent NONE of these Answer :C

Discussion

50.	Workers in the_______sector do not produce goods.
Answer» Primary Secondary Tertiary Final Answer :C

Discussion

Explore topic-wise InterviewSolutions in .

Most loans from informal lenders carry a very high interest rate and do little to increase the income of the

Globalisation has proved to be advantageous for the Indian economy on account of

Employment in the service sector has not ............................ to the same extent asproduction.

Liberalisation refers to

Employment in the service sector has not ________to the same extent as production.

The most devastating famine that occurred in India was the famine of Bengal in the year

India is one of the many countries in the world which has exclusive courts for

The concept of WhiteRevolution is associated with

Consumers have the right to seek_____ against unfair trade practices and exploitation.

Formal sources of credit comes from

Quality of population depends upon the

In rural areas, which of the following are not poor?

Amul Dairy is situated in which state of India?

Which one of the following is considered important to create a 'virtuous cycle' by the parents?

Which one of the following is not true regard­ing impact of globalisation of India?

Most of the workers in the______sector enjoy job security.

Most of the workers in the...............sector enjoy job security.

Which Kharif crop is used for cattle feed?

_______is an asset that the borrower owns and uses as a guarantee until the loan is repaid to the lender.

............................is an asset that the borrower owns and uses as a guarantee until the loan is repaid to the lender,

Multiple cropping stands for

Bhagat bought branded packaged milk of 500ml from a retailer. The packet actually gave 400ml of milk. In this situation

Mother Dairy is making strides in provision of milk and vegetables to the consumers at controlled rate decided by

In which state have the land reform measures helped to reduce poverty?

Which of the following is a modern farming method?

Marginal farmers are those

Market activity is known as production for

Kerala has a low Infant Mortality Rate because it has adequate provision of basic health and

All production is organised by combining land, labour , physical capital and human capital, which are known as

Average income is also called

The accepted average calorie requirement in India is _______ calories per person per day in rural areas and ______ calories per person per day in urban arcas.

Investment made by MNCs is called

Informal sources of credit does not include

Rural Employment Generation Programme (REGP) was launched in

Which one of the following is an economic activity?

What is COPRA?

Banks charge a higher interest rate on loans than what they offer on._______

Banks charge a higher interest rate on loans than what they offer on

_________ is the number of babies born there for every 1,000 people during a particular period of time.

What is the aim of Sarva Siksha Abhiyan?

In SHG most of the decisions regarding savings and loan activities are taken by

What is the main cause of poverty in India?

Sectors are classified into public and private sector on the basis of

Decrease in IMR (Infant Mortality Rate) of a country signifies

A ............... mediates between those who have surplus money and those who need money by allowing both to open accounts with it.

Massive starvation takes place due to

The enactment of COPRA has led to the setting up of separate departments of Consumer Affairs in _______ and_______ governments.

The activities in primary, secondary and tertiary sectors are_______

The activities in primary, secondary and tertiary sectors are..............................

Workers in the_______sector do not produce goods.

Which one of the following is not true regarding impact of globalisation of India?

The accepted average calorie requirement in India is _ calories per person per day in rural areas and calories per person per day in urban arcas.

The enactment of COPRA has led to the setting up of separate departments of Consumer Affairs in _ and_ governments.