254 + Interview Questions in Economics in Class 10

1.	Which one is a natural resource ?
Answer» Labour Raw materials Mineral None of the above Answer :C

Discussion

2.	Increase in longevity of life is an indicator of
Answer» good quality of life improvement in HEALTH sector BETTER HDI (Human Development INDEX) All of these ANSWER :a

Discussion

3.	In 1985 the United Nations adopted the UN Guidelines for
Answer» CONSUMER Protection Consumer Parts Consumer Battle Consumer Signatur Answer :a

Discussion

4.	Money in hand is an exampleof
Answer» HUMA capital FIXED capital WORKING capital Physical capital Answer :C

Discussion

5.	Economic activities have two parts—market activities and
Answer» Same activities POST activities Profit activities NON- MARKET activities Answer :d

Discussion

6.	Which method is used by the World Bank to classify the countries?
Answer» HUMAN DEVELOPMENT PER CAPITA Income National Income Economic Development Answer :B

Discussion

7.	High Yielding Variety (HYV) seeds are developed in
Answer» RESEARCH institutes factories Krishak BHARATI Cooperatives None of the above Answer :A

Discussion

8.	Which of the following does not fall under Consumer Rights?
Answer» RIGHT to be informed Right to choose Right to seek GOVERNMENT help Right to REPRESENT the CONSUMER’s court Answer :c

Discussion

9.	The sectors are classified into public and private sector on the basis of
Answer» employment conditions the nature of ECONOMIC activity ownership of enterprises number of WORKERS EMPLOYED in the enterprise Answer :C

Discussion

10.	Ration shops also known as________keep stocks of foodgrains, sugar, and kerosene oil for cooking.
Answer» Few PRICE SHOPS Fair Price Shops Fast Price Shops FIRST Price Shops Answer :B

Discussion

11.	Sheetal had booked a train ticket in one of the super-fast trains. The train was delayed for long hours without any reason. In this situation,
Answer» she cannot APPROACH the consumer COURT as train delays can HAPPEN sometime she can file a complaint in Railway Office and claim refund of the TICKET amount she can approach the consumer court for deficiency in service and claim refund of super-fast charges as damage she can cancel the ticket without paying cancellation charges to Railways Answer :C

Discussion

12.	Companies that set up production units in the special economic zones do not have to pay taxes for an initial period of
Answer» 10 years 12 years 5 years 5 years Answer :C

Discussion

13.	Bigha and Guintha are
Answer» TYPE of soil type of SEEDS type of rabi crop two local units of MEASURING land AREA in villages Answer :D

Discussion

14.	A.....................proportion of labourers in India are working in the unorganised sector,
Answer» SMALL MEDIUM large None of these Answer :C

Discussion

15.	Choose the non-market activities: (i) Vilas sells fish in the village market. (ii)Vilas cooks food for his family. (iii) Sakal works in a private firm. (iv)Sakal looks after his younger brother and sister.
Answer» (i) and (II) (III) and (IV) (i) and (iii) (ii) and (iv) ANSWER :d

Discussion

16.	What is the name of the organisation whose aim is to liberalise international trade?
Answer» PTO WTO MTO KTO Answer :B

Discussion

17.	The scheme for the establishment of residential schools to impart education to talented children from rural areas is
Answer» KENDRIYA Vidyalayas Navodaya Vidyalayas SARVODAYA Vidyalayas NONE of these Answer :B

Discussion

18.	The most affected groups in rural areas facing food insecurity are
Answer» LANDLESS PEOPLE TRADITIONAL artisans beggars All of these Answer :D

Discussion

19.	What is the full form of HDI?
Answer» HUMAN DEVELOPMENT Income Human Development Index Human DAILY Income None of these Answer :B

Discussion

20.	Name the term which refers to globalisation, which creates opportunities for all and ensures that is benefits are better shared
Answer» FAIR globalisation Fair nationalisation Liberalisation Best Share Answer :A

Discussion

21.	Match List I with List II and select the correct answer using the code given below:
Answer» i-d, ii-C, iii-b, iv-a, v-f, vi-e i-e, ii-d, iii-b, iv-f, v-a, vi-c i-e, ii-c, iii-a, iv-b, v-f, vi-d i-d, ii-c, iii-a, iv-b, v-f, vi-e Answer :c

Discussion

22.	Match List I with List II and select the correct answer using the code given below:
Answer» i-b, ii-e, iii-d, iv-c, v-a i-c, ii-d, iii-b, iv-a, v- i-a, ii-e, iii-b, iv-c, v-d i-a, ii-e, iii-d, iv-c, v-b Answer :A

Discussion

23.	Rajesh had applied for an electricity connection.However, he was not provided power supply.In this situation,
Answer» he can APPROACH the CONSUMER court to seek redressa he cannot approach the consumer court to seek redressal he can file a civil SUIT in the court of LAW against the Electricity Board Only (B) and (c) Answer :d

Discussion

24.	Who released a special stamp entitled 'Wheat Revolution' in July 1968?
Answer» MAHATMA Gandhi Indira Gandhi Jawahar LAI Nehru Moti Lai Nehru Answer :B

Discussion

25.	_______costs of borrowing increase the debt-burden.
Answer» High Low Fix Fit Answer :A

Discussion

26.	.................................costs of borrowing increase the debt-burden.
Answer» High Low Medium None of these Answer :A

Discussion

27.	Which is the most abundant factor of production?
Answer» Machinery Business Labour Landlord Answer :C

Discussion

28.	Who are the poorest of the poor?
Answer» WOMEN OLD PEOPLE CHILDREN All of these ANSWER :D

Discussion

29.	If a person cannot find jobs during some months of the year, which type of employment is this called?
Answer» STRUCTURAL UNEMPLOYMENT Cyclical unemployment Seasonal unemployment NONE of these Answer :C

Discussion

30.	White Revolution of the country is associated with
Answer» SUGAR MILK paper None of these Answer :B

Discussion

31.	Which one from the following are the primary sector activities? (i) Forestry (ii) Poultry farming (iii) Animal husbandry (iv) Manufacturing
Answer» `(i) ` `(i) , (II) and (III)` `(ii) , (iii) and (IV)` All of these ANSWER :B

Discussion

32.	Which two states of India continue to be the poorest states?
Answer» MADHYA Pradesh, Jammu & KASHMIR UTTAR Pradesh, Uttarakhand Orissa, Bihar None of these Answer :C

Discussion

33.	________means food production within the country, food imports and the previous year's stock stored in government granaries.
Answer» AVAILABILITY of food Availability of BLOOD Availability of FUN Availability of almonds Answer :A

Discussion

34.	The most devastating famine occurred in India in 1943 in the state of
Answer» ASSAM BENGAL Bihar Orissa Answer :B

Discussion

35.	Which state in India has the highest literacy rate?
Answer» MADHYA Pradesh Punjab Kerala NONE of these Answer :C

Discussion

36.	Cooperative societies set up shops to sell low priced goods to
Answer» RICH people Educated people Illiterate people Poor people Answer :D

Discussion

37.	ISO stands fo
Answer» INDIAN ORGANISATION for STANDARDISATION International Organisation for Standardisation International Standardisation of Organisation None of these Answer :B

Discussion

38.	The consumer movement in India has led to the formation of various organisations locally known as consumer forums o
Answer» CONSUMER MOVEMENT cells Consumer organisations Consumer PROTECTION councils Consumer parts Answer :C

Discussion

39.	Fixed capitial stands for
Answer» money with the proprietor tools,MACHINES, buildings etc. Which can be USED in PRODUCTION over many YEARS money deposited in the bank total share of capital Answer :B

Discussion

40.	Which is the main production activity in vilages across India?
Answer» Transportation Small SCALE Industries Fishing Farmering Answer :D

Discussion

41.	Non-market activities are production for
Answer» First-consumption Main-consumption Self-consumption Non-consumption Answer :C

Discussion

42.	Self-consumption is
Answer» non-production ACTIVITY non-market activity non-economic activity NONE of the above Answer :B

Discussion

43.	GDP is the total value of_______produced during a particular yea
Answer» All FINAL boxes and sources All GOOGLES and YAHOOS All final goods and services All FISHES and seals Answer :C

Discussion

44.	Manufacturing is included in the __________ sector.
Answer» Non PROFIT BIG INITIAL Secondary Answer :d

Discussion

45.	Removing barriers or restrictions set by the government is known as
Answer» Globalisation Nationalisation Liberalisation Open market Answer :C

Discussion

46.	In an economist’s view, which of the following perspectives of globalisation is most suitable?
Answer» The DECLINE of sovereignty of the nation state The EMERGENCE of GLOBAL INSTITUTIONS and global conflicts The development of communication technologies The growth of international trade and the increase in international trade flows Answer :D

Discussion

47.	Nutritional level of food energy is expressed in the form of
Answer» calories PER day WHEAT CONSUMPTION RICE consumption per day None of these ANSWER :A

Discussion

48.	Annapurna Scheme fulfils the food requirements of
Answer» INDIGENT SENIOR citizens children pregnant LADIES YOUNG persons Answer :A

Discussion

49.	Which of the following is an indicator of poverty in India?
Answer» INCOME LEVEL ILLITERACY level EMPLOYMENT level All of these Answer :D

Discussion

50.	The district level court deals with the cases involving claims upto ? 20 lakhs, the state level courts between ? 20 lakhs and ? 1 crore and the national level court deals with cases involving claims exceeding
Answer» 10 CRORE 1 crore 100 crore 50 crore Answer :B

Discussion

Explore topic-wise InterviewSolutions in Current Affairs.

Which one is a natural resource ?

Increase in longevity of life is an indicator of

In 1985 the United Nations adopted the UN Guidelines for

Money in hand is an exampleof

Economic activities have two parts—market activities and

Which method is used by the World Bank to classify the countries?

High Yielding Variety (HYV) seeds are developed in

Which of the following does not fall under Consumer Rights?

The sectors are classified into public and private sector on the basis of

Ration shops also known as________keep stocks of foodgrains, sugar, and kerosene oil for cooking.

Sheetal had booked a train ticket in one of the super-fast trains. The train was delayed for long hours without any reason. In this situation,

Companies that set up production units in the special economic zones do not have to pay taxes for an initial period of

Bigha and Guintha are

A.....................proportion of labourers in India are working in the unorganised sector,

Choose the non-market activities: (i) Vilas sells fish in the village market. (ii)Vilas cooks food for his family. (iii) Sakal works in a private firm. (iv)Sakal looks after his younger brother and sister.

What is the name of the organisation whose aim is to liberalise international trade?

The scheme for the establishment of residential schools to impart education to talented children from rural areas is

The most affected groups in rural areas facing food insecurity are

What is the full form of HDI?

Name the term which refers to globalisation, which creates opportunities for all and ensures that is benefits are better shared

Match List I with List II and select the correct answer using the code given below:

Match List I with List II and select the correct answer using the code given below:

Rajesh had applied for an electricity connection.However, he was not provided power supply.In this situation,

Who released a special stamp entitled 'Wheat Revolution' in July 1968?

_______costs of borrowing increase the debt-burden.

.................................costs of borrowing increase the debt-burden.

Which is the most abundant factor of production?

Who are the poorest of the poor?

If a person cannot find jobs during some months of the year, which type of employment is this called?

White Revolution of the country is associated with

Which one from the following are the primary sector activities? (i) Forestry (ii) Poultry farming (iii) Animal husbandry (iv) Manufacturing

Which two states of India continue to be the poorest states?

________means food production within the country, food imports and the previous year's stock stored in government granaries.

The most devastating famine occurred in India in 1943 in the state of

Which state in India has the highest literacy rate?

Cooperative societies set up shops to sell low priced goods to

ISO stands fo

The consumer movement in India has led to the formation of various organisations locally known as consumer forums o

Fixed capitial stands for

Which is the main production activity in vilages across India?

Non-market activities are production for

Self-consumption is

GDP is the total value of_______produced during a particular yea

Manufacturing is included in the __________ sector.

Removing barriers or restrictions set by the government is known as

In an economist’s view, which of the following perspectives of globalisation is most suitable?

Nutritional level of food energy is expressed in the form of

Annapurna Scheme fulfils the food requirements of

Which of the following is an indicator of poverty in India?

The district level court deals with the cases involving claims upto ? 20 lakhs, the state level courts between ? 20 lakhs and ? 1 crore and the national level court deals with cases involving claims exceeding