254 + Interview Questions in Economics in Class 10 Page 5 InterviewSolution

201.	MSPs stands for
Answer» MINIMUM SUPPORT Price Maximum Support Price Marginal Support Price None of these Answer :A

Discussion

202.	While globalisation has benefited most of the groups, it has been a disadvantage for
Answer» MANY small producers and workers who have SUFFERED as a result of the rising competition cheap labour working in small firms Indian producers and workers who are not WELL educated and skilled All of these Answer :A

Discussion

203.	Which of the following does not come under modern forms of money?
Answer» Currency Cheque Payments Demand deposits Loan Payments Answer :D

Discussion

204.	In the year 2003, the tertiary sector emerged as the largest producing sector in India replacing the
Answer» FIRST sector Main sector One sector Primary sector Answer :D

Discussion

205.	Amul is another success story of cooperatives in milk and milk products from
Answer» UTTAR Pradesh Gujarat Rajasthan Haryana Answer :B

Discussion

206.	Investment in human capital is expenditure on
Answer» EDUCATION training medical CARE All of these ANSWER :d

Discussion

207.	National Consumer D isputes Redressal Commission is located in
Answer» Lucknow New Delhi Chennai Mumbai Answer :B

Discussion

208.	Which organisation publishes the Human Development Report?
Answer» WHO UNDP WTO IMF Answer :B

Discussion

209.	Why is the literacy rate low in the females?
Answer» LACK of equal EDUCATION OPPORTUNITIES Lack of TRANSPORT facilities Lack of INFRASTRUCTURE Lack of income Answer :a

Discussion

210.	NREGA 2005 guarantees work for how many days in a year?
Answer» 200 days 175 days 100 days None of these Answer :C

Discussion

211.	Underemployment occurs when people
Answer» Do not WANT to work Are WORKING in a LAZY manner Are working less than what they are capable of doing Are not PAID for their work Answer :C

Discussion

212.	Globalisation has led to improvement in living conditions
Answer» of all the people of people in the DEVELOPED countries of WORKERS in the DEVELOPING countries None of these Answer :D

Discussion

213.	Grameen Bank of Bangladesh is one of the biggest success stories in reaching out to the poor to meet their credit needs at
Answer» FIRST RATES Same rates REASONABLE rates Best rates Answer :C

Discussion

214.	More money chasing less goods and services means
Answer» inflation deflation stagflation None of these Answer :A

Discussion

215.	Formal sources of credit include
Answer» Banks, COOPERATIVES and Private LENDERS Banks, Cooperatives and LIC Banks, SOCIETIES and Private Lenders None of these Answer :B

Discussion

216.	Who advocated that India would be truly independent only when the poorest of its people become free of human suffering?
Answer» MAHATMA Gandhi INDIRA Gandhi Jawahar Lal NEHRU Subhash CHANDRA Bose Answer :A

Discussion

217.	Social groups which are most vulnerable to poverty are scheduled caste and ________households.
Answer» Other backward CLASS Other backward cast UPPER CASTE Scheduled tribe Answer :D

Discussion

218.	Which are the special target groups in Antyodaya Anna Yoj ana?
Answer» POOREST of the poo Poor and non-poor BACKWARD class None of these Answer :A

Discussion

219.	Hunger is another aspect indicating
Answer» POOL insecurity Paint insecurity Flood insecurity Food insecurity Answer :D

Discussion

220.	_______ _issues currency notes on behalf of the Central Government.
Answer» ABN SBI RBI PNB Answer :C

Discussion

221.	Who owns most of land in villages ?
Answer» UPPER CASTE families Lower caste families Labour class familes Answer :A

Discussion

222.	There is restriction of withdrawing money in a
Answer» SAVINGS account current account fixed DEPOSIT account None of these Answer :C

Discussion

223.	Uneven distribution of poverty is due to differences in ________ and ______ infrastructure in different states.
Answer» WINE , food SOCIAL , ECONOMIC Wood , iron Petrol, money Answer :B

Discussion

224.	Social exclusion denies certain individuals
Answer» FACILITIES BENEFITS OPPORTUNITIES All of these Answer :D

Discussion

225.	Under COPRA, a three-tier quasi judicial machinery at the district, state and national levels was set up for redressal of
Answer» CONSUMER marke Consumer products Consumer goods Consumer disputes Answer :d

Discussion

226.	To grow more than one crop on a piece of land during the year is known as
Answer» KHARIF crop Multiple cropping Rabi crop Zaid crop Answer :B

Discussion

227.	The organisations that monitor and issue ISI, Agmark or Hallmark certificates allow producers to use their logos provided they follow certain
Answer» WORK permit Quality standard Debit card Topic of press Answer :B

Discussion

228.	Development of a country generally is determined by
Answer» its per CAPITA income its literacy level health STATUS of its people All of these Answer :D

Discussion

229.	FCI stands for
Answer» Foreign Cooperation with INDIA Food Corporation of India FOSSILS Corporation of India Food COMING to India Answer :B

Discussion

230.	During the period between 1973 to 2003, the production has increased most in the
Answer» MAIN sector Primary sector Tertiary sector None of these Answer :C

Discussion

231.	Besides money what are the other developmental goals?
Answer» Power, Oil, Food, etc. Respect, Security, POLLUTION FREE ENVIRONMENT, etc. Luxuries, Shelters, WATER, etc. None of these Answer :B

Discussion

232.	A company that owns or controls production in more than one nation______________ .
Answer» PRIVATE company MNCs Subsidiary company Leader company Answer :B

Discussion

233.	Interest payment will be higher on a house loan on account of
Answer» HIGH TENURE of loan high RATE of interest high risk of borrower profile All of these Answer :D

Discussion

234.	Which of the following is responsible for high poverty rates?
Answer» HUGE INCOME INEQUALITIES Unequal distribution of land Lack of EFFECTIVE implementation of land reforms All of these Answer :D

Discussion

235.	Trade, transport, communication, banking, education, health, tourism, services, insurance are included in the
Answer» Whole SECTOR Tertiary sector MAIN sector LAST sector Answer :b

Discussion

236.	National Sample Survey Organisation is
Answer» an INSTITUTION responsible to collect DATA on INFORMAL sector credit an institution responsible to collect data on formal sector credit an institution responsible to collect resources None of these Answer :B

Discussion

237.	In terms of GDP the share of tertiary sector, in 2003 is_______
Answer» Between 60 PERCENT and 70 percent Between 10 percent and 20 percent Between 30 percent and 40 percent Between 50 percent and 60 percent Answer :D

Discussion

238.	Which one among the following is a non-farm activity ?
Answer» MULTIPLE CROPPING CROP rotation Dairy farming Modern farming Answer :C

Discussion

239.	The term NSSO stands for
Answer» NEW Sample SURVEY ORGANISATION National Sample Survey Organisation National Simple Survey Organisation National Sample Surety Organisation ANSWER :B

Discussion

240.	Globalisation is a process of integration of world economics to realise the benefits of geography, demography, cost and efficiency. Which of the following three characteristics represent globalisation? (i) Increasing space (ii) Shrinking space (iii) Strengthened borders (iv) Shrinking Time (v) Disappearing borders
Answer» (ii), (III) and (iv) (i), (ii) and (iii) (i), (iv) and (v) (i), (iii) and (iv) ANSWER :C

Discussion

241.	Punjab and Haryana have traditionally suc ceeded in reducing poverty with the help of
Answer» LOW AGRICULTURAL GROWTH RATES High agricultural growth rates Rivers Transport system Answer :B

Discussion

242.	A major step taken in 1986 by the Indian Government was the enactment of the Consumer Protection Act 1986, popularly known as
Answer» KOPRA COPRA TOPRA COPRA Answer :d

Discussion

243.	When a consumer feels that he has been exploited, he must file a case in the............................
Answer» SUPREME Court High Court District CONSUMER Cour None of these Answer :C

Discussion

244.	The literacy rates have increased from 18% in 1951 to 65% in
Answer» `1971` `1991` `1981` `2001` ANSWER :d

Discussion

245.	The activities such as small manufacturing transport, shops-keeping are referred to as
Answer» non-economic activitie non-farming activities non-traditional activities non-market activities Answer :D

Discussion

246.	Poverty declined substantially in China and Southeast Asian countries as a result of rapid economic growth and massive investments in
Answer» HUMAN RESOURCE DEVELOPMENT Human RECHARGE development Heavy resource development Human resource demand Answer :A

Discussion

247.	The society which facilitated setting up of grain banks in different regions is
Answer» AMUL (Gujarat Academy of DEVELOPMENT Science (Maharashtra) MOTHER Dairy (Delhi) NONE of these Answer :B

Discussion

248.	__________ can also kill bacteria and othr microorganisms is the soil.
Answer» BIO fertilizers Organic fertilizers Manure Chemical fertilizers Answer :D

Discussion

249.	In the market place, consumers are exploited when
Answer» SHOPKEEPERS WEIGH less than what they should traders add CHARGES that were not mentioned before adulterated/defective GOODS are sol All of thes Answer :d

Discussion

250.	In the private sector, ownership of assets and delivery of services is in the hands of private individuals or
Answer» Workers Students Managers Companies Answer :D

Discussion

Explore topic-wise InterviewSolutions in .

MSPs stands for

While globalisation has benefited most of the groups, it has been a disadvantage for

Which of the following does not come under modern forms of money?

In the year 2003, the tertiary sector emerged as the largest producing sector in India replacing the

Amul is another success story of cooperatives in milk and milk products from

Investment in human capital is expenditure on

National Consumer D isputes Redressal Commission is located in

Which organisation publishes the Human Development Report?

Why is the literacy rate low in the females?

NREGA 2005 guarantees work for how many days in a year?

Underemployment occurs when people

Globalisation has led to improvement in living conditions

Grameen Bank of Bangladesh is one of the biggest success stories in reaching out to the poor to meet their credit needs at

More money chasing less goods and services means

Formal sources of credit include

Who advocated that India would be truly independent only when the poorest of its people become free of human suffering?

Social groups which are most vulnerable to poverty are scheduled caste and ________households.

Which are the special target groups in Antyodaya Anna Yoj ana?

Hunger is another aspect indicating

_______ _issues currency notes on behalf of the Central Government.

Who owns most of land in villages ?

There is restriction of withdrawing money in a

Uneven distribution of poverty is due to differences in ________ and ______ infrastructure in different states.

Social exclusion denies certain individuals

Under COPRA, a three-tier quasi judicial ma­chinery at the district, state and national levels was set up for redressal of

To grow more than one crop on a piece of land during the year is known as

The organisations that monitor and issue ISI, Agmark or Hallmark certificates allow pro­ducers to use their logos provided they follow certain

Development of a country generally is determined by

FCI stands for

During the period between 1973 to 2003, the production has increased most in the

Besides money what are the other developmental goals?

A company that owns or controls production in more than one nation______________ .

Interest payment will be higher on a house loan on account of

Which of the following is responsible for high poverty rates?

Trade, transport, communication, banking, education, health, tourism, services, insurance are included in the

National Sample Survey Organisation is

In terms of GDP the share of tertiary sector, in 2003 is_______

Which one among the following is a non-farm activity ?

The term NSSO stands for

Punjab and Haryana have traditionally suc ceeded in reducing poverty with the help of

A major step taken in 1986 by the Indian Government was the enactment of the Consumer Protection Act 1986, popularly known as

When a consumer feels that he has been exploit­ed, he must file a case in the............................

The literacy rates have increased from 18% in 1951 to 65% in

The activities such as small manufacturing transport, shops-keeping are referred to as

Poverty declined substantially in China and Southeast Asian countries as a result of rapid economic growth and massive investments in

The society which facilitated setting up of grain banks in different regions is

__________ can also kill bacteria and othr microorganisms is the soil.

In the market place, consumers are exploited when

In the private sector, ownership of assets and delivery of services is in the hands of private individuals or

Uneven distribution of poverty is due to differences in __ and infrastructure in different states.

Under COPRA, a three-tier quasi judicial machinery at the district, state and national levels was set up for redressal of

The organisations that monitor and issue ISI, Agmark or Hallmark certificates allow producers to use their logos provided they follow certain

When a consumer feels that he has been exploited, he must file a case in the............................