284 + Interview Questions in Economics in Class 9 Page 2 InterviewSolution

51.	Assertion (A) : In case of India, statistically, the unemployment rate is low. Reason (R ) : A large number of people represented with low income and productivity are counted as employed.
Answer» Both A and R are TRUE and R is the correct explanation of A. Both A and R are true and R is not the correct explanation of A. A is true and R is FALSE A is false and R istrue ANSWER :B

Discussion

52.	What are the dimensions of poverty?
Answer» SOLUTION :(i) POVERTY means hunger and lack of shelter. (ii) Poverty means lack of clean water and sanitation FACILITIES. It also means lack of a regular job at a minimum decent LEVEL. (iii) Above all, it means living with a sense of helplessness.

Discussion

53.	Identify the social and economic groups which are most vulnerable to poverty in India.
Answer» Solution :(i) Social groups that are vulnerable to poverty are scheduled caste and scheduled TRIBE. (II) These groups have been historically marginalized as being landless and had their claims on resources such as forests being contested. (iii) Urban poors, who have MIGRATED from rural areas to urban areas in search of jobs and improved standard of living are vulnerable to poverty if they are unable to find a job and THEREFORE cannot afford BASIC necessities. The rural poor also if unable to find work are vulnerable to poverty.

Discussion

54.	Among the economic groups which are the most vulnerable to poverty?
Answer» Solution :AMONG the economic groups, the most vulnerable to POVERTY are the rural agricultural households and the URBAN casual LABOUR households.

Discussion

55.	Assertion (A): Palampur is well connected with neighbouring villages and towns. Reason (R): This village has about 480 families belonging to several different castes.
Answer» Both A and Rare true and R is the CORRECT EXPLANATION of A. Both A and R are true but is not the correct explanation of A. A is true but R is false. A is false but R is true. Answer :C

Discussion

56.	What is the strategy of eleventh plan for education and literacy?
Answer» Solution :The stratergy focuses on increasing ACCESS, quality, ADOPTION of states-specific curriculum modication, vocationlisation and networking on the use of information technology.The elevent plan ALSO focuses on distant education convergence of formal, non-formal, distant and IT education institutions.

Discussion

57.	"Investment in human resource via education and health can give high rates of return in future." Support the statement with any three suitable arguments.
Answer» Solution :Education helps in the human capital formation in the following ways: (i) Investment in education of human resource results in the formation of human capital. (II) ONE can earn higher income because of higher PRODUCTIVITY of the more educated or better trained persons, thus contributing towards human capital formation. (III) Investment in human resource via education and medical care can give higher rates of return in the future. (iv) Health sector development can prove useful for the economy. (v) Healtheir the people, the more they work, and the more they produce and earn. (vi) As it is said, .Health is Wealth., a healthy person.s capacity to work increases and he becomes more productive and hence, earns more.

Discussion

58.	Name the states which has the high agricultural growth that helped to reduce poverty?
Answer» PUNJAB, Haryana Bihar, Jharkhand Maharashtra, M.P. None of these Answer :A

Discussion

59.	Assertion (A): Land being a natural resource, it is necessary to be careful in its use. Reason (R) : Scientific reports indicate that the modern farming methods have overused the natural resource base.
Answer» Both A and RARE true and R is the correct explanation of A. Both A and R are true but is not the correct explanation of A. A is true but R is FALSE. A is false but R is true. Answer :A

Discussion

60.	Describe the policy of government in the field of education.
Answer» Solution :According to National Education Policy, 1986, the government considers human resource, a POSITIVE asset which needs to be cherished, nurtured and developed. Following efforts are made for the same. (i) Education contributes towards the growth of society. It enhances the national efficiency of governance. (ii) There is a provision made for poviding universal access, retention and quality in elementary education with SPECIAL emphasison girl- education. (iii) There is also an establishment of pace setting of schools like Navodaya Vidyalaya in each district. (iv) Vocational streams have been developed to equip large NUMBER of high school students with occupations related to knowledge and skills.

Discussion

61.	Tools, machines and buildings are called_____ .
Answer» SOLUTION :FIXED CAPITAL

Discussion

62.	How is poverty reduction expected to be better?
Answer» SOLUTION :(i) This would be possible due to HIGHER GROWTH in income. (II) Universal free elementary education would make people literate and enable them to earn. (iii) Increasing EMPOWERMENT of the women and the economically weaker sections of society.

Discussion

63.	What was the National Food for Work Programme?
Answer» Solution :(i) It is launched in 2004 in 150 most backward DISTRICTS of the country. (ii) It is a CENTRALLY sponsored scheme, in which foodgrains are provided free of cost to the states. (iii) The programme is open to all poor who are in need of WAGE EMPLOYMENT and desire to do manual unskilled work.

Discussion

64.	What kind of labour is found in Palampur?
Answer» Solution :Farm labourers COME either from LANDLESS families or families cultivating small plots of land. Unlike farmers, farm labourers do not have a right over the crops grown on the land. Instead they are paid wages by the farmer for whom they work. Sometimes labourers get meals also. Wages vary widely from region to region, from crop to crop, from ONE farm activity to another. There is also a wide variation in the duration of employment. A farm labourer might be employed on a daily basis, or for one particular farm activity like HARVESTING, or for the whole year.

Discussion

65.	Do you think that present methodology of poverty estimation is appropriate?
Answer» SOLUTION :The present METHODOLOGY is not APPROPRIATE. It calculates the minimum subsistence level of living. It does not take into calculation whether the person has a reasonable or decent life with access to education, home, clean drinking water, etc. The cost of BASIC needs also varies among places so a COMMON poverty line cannot be appropriate.

Discussion

66.	Answer the following questions briefly : Who are the poorest of the poor?
Answer» SOLUTION :POOR women, CHILDREN, especially the girl child and the poor ELDERLY PEOPLE are considered the poorest of the poor.

Discussion

67.	…………..activities involve remuneration to anyone who performs.
Answer» ANSWER :MARKET

Discussion

68.	The poverty line is estimated periodically by conducting sample surveys.
Answer» ANSWER :1

Discussion

69.	Which states of India have seen a significant decline in poverty?
Answer» Solution :There has been a significant decline in POVERTY in Kerala, Jammu and Kashmir, ANDHRA PRADESH, Tamil Nadu, GUJARAT and WEST Bengal.

Discussion

70.	Excess population is considered as a burden for an economy but they can become human capital if there is investment made in the form of:
Answer» EDUCATIONAL and health Hospitals and schools Education, TRAINING and MEDICAL care None of these Answer :C

Discussion

71.	Why was mid-day meal scheme launched by government in the schools?
Answer» SOLUTION :To encourage attendence and RETENTION of children and IMPROVE their nutritinal STATUS.

Discussion

72.	Which social groups are most vulnerable to poverty?
Answer» Solution :The SOCIAL GROUPS most vulnerable to POVERTY are SCHEDULED CASTES and scheduled tribes.

Discussion

73.	What does quality of population imply?
Answer» Solution :(i) The QUALITY of population depends upon the literacy rate and health of a person indicated by life expectancy and skill formation acquired by the PEOPLE of the country. (ii) The quality of population ultimately decides the growth rate of the country. (iii) Illiterate and unhealthy population is a LIABILITY for the economy, whereas LITERATE and healthy population is an asset.

Discussion

74.	Palampur has_____primary schools and high school.
Answer» SOLUTION :TWO, ONE

Discussion

75.	How small farmers manage the capital needed for farming?
Answer» Solution :Small farmers have to BORROW MONEY to arrange for the CAPITAL.

Discussion

76.	What is the status of poverty in scheduled caste, or scheduled tribe?
Answer» Solution :(i) 50% of casual workers in URBAN areas are below poverty line. About 50% of landless AGRICULTURAL workers and 43% of scheduled castes are also poor. (ii) The DOUBLE DISADVANTAGE of being a landless casual wage labour household in the socially disadvantaged social groups of the scheduled caste or the scheduled tribe population highlights the seriousness of the problem. (iii) Some recent studies have shown that except for scheduled tribe, household of all the other three groups that is, scheduled caste, rural agricultural labour and the casual labour have SEEN a decline in poverty.

Discussion

77.	What is 'human capital formation'?
Answer» SOLUTION :When the existing .human resource. is further DEVELOPED by becoming more educated and healthy, we call it .human capital through education, training and MEDICAL care formation. that adds to the PRODUCTIVE power of the country

Discussion

78.	What are the ill-effects of Green Revolution?
Answer» Solution :(i) Loss of soil fertility due to increased use of chemical fertilizers. (ii) Continuous use of GROUNDWATER for tubewell irrigation has reduced the WATER table below the ground. (iii) The chemical fertilizers, casily soluble in water, can DISSOLVE in the groundwater and pollute it. (iv) They can kill bacteria and other micro-organisms helpful for the soil. (V) EXCESSIVE use of fertilizers can also make the soil alkaline and unfit for cultivation.

Discussion

79.	Which capital would you consider the best-land, labour, physical capital or human capital? Why?
Answer» Solution :I consider human capital to be the best. Human capital can utilise LAND, labour and physical capital to its POTENTIAL. Human capital can improve continuously with value ADDITION such as with LEARNING new skills and can adapt fastest to change in requirement. COUNTRIES such as Japan, South Korea, etc. have low resources but have invested in human capital and are one of the largest economies today.

Discussion

80.	Can you give five measures taken by the government to alleviate poverty?
Answer» SOLUTION :(i) MGNREGA (ii) Food for WORK PROGRAMME (iii) Swarnajayanti Gram Swarozgar Yojana (iv) Pradhanmantri Gramodaya Yojana (V) Antodaya ANNA Yojana.

Discussion

81.	Modern farming methods require more inputs which are manufactured in industry. Do you agree?
Answer» Solution :Yes, modern farming methods require more inputs, which are manufactured in industry. There has been a SHIFT from traditional techniques such as bill carts, compost fertilizer, river water irrigation and others to modern farming techniques such as fertilizers, tractors, etc. These modern techniques are manufactured in industries and require LARGE money to PURCHASE and lead to larger monetary inputs.

Discussion

82.	What is the basic difference between two factors of production-land and capital?
Answer» Solution :LAND is a natural resource whereas MONEY is man-made. It is POSSIBLE to increase CAPITAL, whereas land is FIXED.

Discussion

83.	What is 'poverty line'?
Answer» Solution :It is an INDIRECT of poverty, i.e., it is a level of income which barely meets sustenance.

Discussion

84.	When does seasonal unemployment take place?
Answer» Solution :Seasonal unemployment happens when people are not able to find jobs during some MONTHS of the year. People dependent UPON AGRICULTURE USUALLY FACE such kind of problem.

Discussion

85.	What does 'Human Capital mean?
Answer» Solution :We need knowledge and enterprise to be able to put TOGETHER land, labour and PHYSICAL capital and produce an output either to use yourself or to sell in the MARKET. This is called .Human Capital..

Discussion

86.	Give five indicators of poverty.
Answer» SOLUTION :(i) Landlessness(II) Unemployment (III) Illiteracy (IV) Child labour (v) Malnutrition.

Discussion

87.	The accepted average calorie requirement in India is 2100 calories per person per day in rural areas and 2400 calories per person per day in urban areas.
Answer» SOLUTION :The ACCEPTED average calorie requirement in India is 2400 CALORIES per person per day in rural AREAS and 2100 calories per person per day in URBAN areas.

Discussion

88.	What kind of people live in the village Palampur?
Answer» SOLUTION :This village has about 450 families belonging to several DIFFERENT castes. The 80 upper caste families own the majority of land in the village. Their houses, some of them QUITE large, are made of brick with cement PLASTERING, The SCs (dalits) comprise one-third of the POPULATION and live in one corner of the village and in much smaller homes, some of which are of mud and straw.

Discussion

89.	Assertion (A) : The quality of population depends upon the literacy rate, health of a person indicated by life expectancy and skill formation aquired by the people of the country. Reason (R ) : The quality of the population ultimately decides the growth rate of the country. Literate and heathy population are an asset.
Answer» Both A and R are true and R is the correct EXPLANATION of A. Both A and R are true and R is not the correct explanation of A. A is true and R is false A is false and R ISTRUE ANSWER :A

Discussion

90.	What are the reasons for the ineffectiveness of poverty alleviation programmes?
Answer» Solution :(i) One of the major reasons for less effectiveness is the lack of proper IMPLEMENTATION and right targeting. (II) Moreover, there has been a lot of overlapping of schemes. (iii) Despite good intentions, the benefits of these schemes do not reach the deserving POOR completely. (iv) Therefore, the major EMPHASIS in recent years is on proper monitoring of all the POVERTY alleviation programmes.

Discussion

91.	Investment in human capital is expenditure on:
Answer» Infrastructure Agriculture Education None of these Answer :C

Discussion

92.	What is the criteria for poverty measurement in India?
Answer» SOLUTION :(i) Low level of NUTRITION. (ii) Minimum level of subsistence does not exist (iii) Calorie intake is low (IV) Per CAPITA income is low (V) Basic needs should be satisfied.

Discussion

93.	Unemployment in this sector is characterised by irregular and low income.
Answer» SOLUTION :Employment in this SECTOR is charaterised by irregular and low income.

Discussion

94.	The previous formula for food requirement while estimating the poverty line was based on the desired calorie requirement.
Answer» SOLUTION :The PRESENT formula for food REQUIREMENT while ESTIMATING the poverty line is based on the desired calorie requirement.

Discussion

95.	Which states of India are the pooest?
Answer» SOLUTION :Odisha and BIHAR continue to be the TWO POOREST states with poverty ratios of 47 and 43 percent RESPECTIVELY.

Discussion

96.	HYV seeds stand for:
Answer» High Yielding VARIETY of SEEDS Half Yielding Variety of seeds HEAVY Yielding Variety of seeds None of these Answer :A

Discussion

97.	What are the various activities undertaken in the primary sector, secondary sector and tertiary sector?
Answer» Solution :The PRIMARY sector includes agriculture, animal husbandry, mining and other sector which primarily produce basic raw materials to be directly used by human or by the secondary sector. The secondary sector includes manufacturing which produces GOODS. The tertiary sector includes MAINLY the serive sector such as education, banking , ETC.

Discussion

98.	What are the main factors for production of goods and services?
Answer» Solution :(i) The first REQUIREMENT is land and other natural resources like water, FORESTS, minerals, etc. (ii) The SECOND requirement is labour,i.., the people who will do the work. Some ACTIVITIES require educated workers to perform the necessary task and other activities require workers who can do manual work. (iii) The third requirement is physical capital, i.e., the variety of inputs required at every stage during production. It includes fixed capital and working capital., (iv) The fourth requirement is knowledge and entrepreneurship.

Discussion

99.	Describe the work of a farmer with 1 hectare of land or small holding.
Answer» Solution :The farmer with a small land of I hectare needs less capital to prepare his land. Heuses traditionalseeds, ANIMALS to plough, less labour, no machines, less chemical fertilizers or manure. He does irrigation manually and is helped by his family members to do the WORK of HARVESTING. The PRODUCTION from 1 hectare of his land is consumed by his family.

Discussion

100.	Assertion : Rural Employment Generation Programme (REGP) was launched in 1999. Reason : The aim of the programme is to create employment opportunities in rural areas and small towns.
Answer» Both A and R are TRUE and R is the CORRECT explanation of A. Both A and R are true but R is not the correct explanation of A. A is true but R is FALSE A is false but R is true Answer :D

Discussion

Explore topic-wise InterviewSolutions in .

Assertion (A) : In case of India, statistically, the unemployment rate is low. Reason (R ) : A large number of people represented with low income and productivity are counted as employed.

What are the dimensions of poverty?

Identify the social and economic groups which are most vulnerable to poverty in India.

Among the economic groups which are the most vulnerable to poverty?

Assertion (A): Palampur is well connected with neighbouring villages and towns. Reason (R): This village has about 480 families belonging to several different castes.

What is the strategy of eleventh plan for education and literacy?

"Investment in human resource via education and health can give high rates of return in future." Support the statement with any three suitable arguments.

Name the states which has the high agricultural growth that helped to reduce poverty?

Assertion (A): Land being a natural resource, it is necessary to be careful in its use. Reason (R) : Scientific reports indicate that the modern farming methods have overused the natural resource base.

Describe the policy of government in the field of education.

Tools, machines and buildings are called_____ .

How is poverty reduction expected to be better?

What was the National Food for Work Programme?

What kind of labour is found in Palampur?

Do you think that present methodology of poverty estimation is appropriate?

Answer the following questions briefly : Who are the poorest of the poor?

…………..activities involve remuneration to anyone who performs.

The poverty line is estimated periodically by conducting sample surveys.

Which states of India have seen a significant decline in poverty?

Excess population is considered as a burden for an economy but they can become human capital if there is investment made in the form of:

Why was mid-day meal scheme launched by government in the schools?

Which social groups are most vulnerable to poverty?

What does quality of population imply?

Palampur has_____primary schools and high school.

How small farmers manage the capital needed for farming?

What is the status of poverty in scheduled caste, or scheduled tribe?

What is 'human capital formation'?

What are the ill-effects of Green Revolution?

Which capital would you consider the best-land, labour, physical capital or human capital? Why?

Can you give five measures taken by the government to alleviate poverty?

Modern farming methods require more inputs which are manufactured in industry. Do you agree?

What is the basic difference between two factors of production-land and capital?

What is 'poverty line'?

When does seasonal unemployment take place?

What does 'Human Capital mean?

Give five indicators of poverty.

The accepted average calorie requirement in India is 2100 calories per person per day in rural areas and 2400 calories per person per day in urban areas.

What kind of people live in the village Palampur?

What are the reasons for the ineffectiveness of poverty alleviation programmes?

Investment in human capital is expenditure on:

What is the criteria for poverty measurement in India?

Unemployment in this sector is characterised by irregular and low income.

The previous formula for food requirement while estimating the poverty line was based on the desired calorie requirement.

Which states of India are the pooest?

HYV seeds stand for:

What are the various activities undertaken in the primary sector, secondary sector and tertiary sector?

What are the main factors for production of goods and services?

Describe the work of a farmer with 1 hectare of land or small holding.

Assertion : Rural Employment Generation Programme (REGP) was launched in 1999. Reason : The aim of the programme is to create employment opportunities in rural areas and small towns.