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SSC SOCIAL SCIENCE CHAPTER 16 MCQ

CH 16 : ECONOMIC DEVELOPMENT

Quiz

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1. How many uses do the production resources have?
   1.   Two
   2.   Multiple
   3.   Optional
   4.   Four
2. What is the annual population growth rate of developing countries?
   1.   4 % or higher
   2.   5.2 % or higher
   3.   2 % or higher
   4.   2.5 % or higher
3. In 2001-2002, what percent people were engaged in agriculture?
   1.   68%
   2.   70%
   3.   71%
   4.   58%
4. Which is the main important tool in market mechanism?
   1.   Labour
   2.   Land
   3.   Entrepreneur
   4.   Capital
5. In which type of economy money and price mechanism is supreme?
   1.   Market mechanism
   2.   Mixed economy
   3.   Socialist mechanism
   4.   Communist economy
6. Land, capital, labour and entrepreneurship are the factors of.. ..
   1.   Individual development
   2.   Industrial development
   3.   National income
   4.   Production
7. What is economic development?
   1.   Inflation
   2.   Increase in income
   3.   Improvement in standard of living
   4.   Increase in export
8. Which one of the following pairs is wrong?
   1.   Production of atomic weapons - Secondary Sector
   2.   Jobs, etc. -- Employment Sector
   3.   Education, Health, etc.-Service Sector
   4.   Agriculture, animal husbandry, etc. - Primary Sector
9. Which one benefit among the following is there in socialist system?
   1.   Production resources are used economically
   2.   Income is distributed equally and rationally
   3.   Person's economic freedom is protected
   4.   Most of the wants of people are satisfied
10. Which of the following economic activities belong to primary sector?
    1.   machinery industry
    2.   health
    3.   agriculture
    4.   road transport
11. What is the primary occupation of people in developing countries?
    1.   industries
    2.   agriculture
    3.   Trade services
    4.   transportation
12. Increase in what, brings improvement in the standard of living of people?
    1.   National income
    2.   Industrial production
    3.   Agricultural production
    4.   Per capita income
13. Which one benefit among the following is derived in market mechanism system?
    1.   There is economic stability in society.
    2.   Person's economic freedom is maintained.
    3.   There is equal and rational distribution of income.
    4.   Class conflict is abolished.
14. Which problem will always be more or less present in every economy?
    1.   Expenditure
    2.   Abundance
    3.   Income
    4.   Scarcity
15. Which of the following economic activities belong to secondary sector?
    1.   banking
    2.   cattle rearing
    3.   fishing
    4.   production of nuclear weapons
16. Into how many sections can economic activities be classified?
    1.   Six
    2.   Five
    3.   Three
    4.   Seven
17. Which concept is more useful to know people's welfare and changes taking place in it?
    1.   Individual income
    2.   National income
    3.   Economic growth
    4.   Economic development
18. Due to what is per capita income of people increases?
    1.   Economic development
    2.   Business
    3.   Import-export
    4.   Bank loans
19. Countries having how many $ per capita income are included in developing Economy?
    1.   765$
    2.   1,000$
    3.   565$
    4.   800$
20. Which country among the following is not a developed country?
    1.   Japan
    2.   Brazil
    3.   USA
    4.   Germany
21. What per cent people, in 1951, were engaged in agriculture?
    1.   62%
    2.   71%
    3.   65%
    4.   60%
22. What is the form of economy in developing countries?
    1.   dual
    2.   backward and orthodox
    3.   developing
    4.   against development
23. What percent people in France and Japan are employed in the agricultural sector?
    1.   5%
    2.   7%
    3.   3%
    4.   10%
24. Providing basic amenities to every citizen during a year is included in ....
    1.   prosperity
    2.   income
    3.   living standard
    4.   development
25. Which one of the following disadvantages is there in socialist system?
    1.   There is monopoly
    2.   There is exploitation of customer
    3.   Money and price mechanism cannot be used fully
    4.   There is waste of production resources
26. Market mechanism: USA: : Socialist:
    1.   Russia
    2.   India
    3.   France
    4.   Japan
27. What can the mixed economy be called?
    1.   Communist
    2.   Uncontrolled
    3.   Democratic
    4.   Controlled
28. Earning or spending some money by exchange of commodities or services are called ....
    1.   Non-economic Activity
    2.   Exchange Activity
    3.   Saving Activity
    4.   Economic Activity
29. Which of the following economic activities belong to service sector?
    1.   factories
    2.   electricity
    3.   education
    4.   forest conservation
30. How can we say that there is economic development in India?
    1.   New industries are coming up every year.
    2.   Needs are satisfied in a better way.
    3.   Irrigation facilities have increased.
    4.   Peoples income keeps on growing.
31. Which one disadvantage from the following occurs in market mechanism system?
    1.   There is wastage of production resources.
    2.   Social welfare works are not done as desired.
    3.   Money is given too much importance.
    4.   There is no incentive for production growth.
32. Market mechanism and social system are ....
    1.   complimentary to each other
    2.   both are opposite to each other
    3.   both. are the same
    4.   little different from each other
33. In which type of economy, is the market totally free from controls?
    1.   capitalist
    2.   mixed
    3.   socialist
    4.   monarchical
34. On what do we have to depend more for agriculture in India?
    1.   Chemical fertilizer
    2.   Human labour
    3.   Pesticides
    4.   Land
35. What percent contribution of agriculture was in 1950-51 in the Primary Sector?
    1.   26.6%
    2.   57.7%
    3.   21.4%
    4.   41.5%
36. What percent share in employment of India does the Primary Sector contribute?
    1.   68%
    2.   40%
    3.   70%
    4.   58%
37. What percent people in Canada are employed in the agricultural sector?
    1.   3%
    2.   8%
    3.   5%
    4.   2%
38. What pe cent of industrial employment, large industries contribute?
    1.   8%
    2.   17.5%
    3.   12%
    4.   4%
39. What per cent people in England and America are employed in the agricultural sector?
    1.   3%
    2.   5%
    3.   2%
    4.   7%
40. Which mechanism is known as free economic system?
    1.   Capitalist method
    2.   Socialist system
    3.   Communist system
    4.   Mixed economy
41. Which sector dominates in developing countries?
    1.   Primary sector
    2.   Secondary sector
    3.   Service sector
    4.   Business sector
42. In developing countries ...
    1.   education level is high.
    2.   per capita income is high.
    3.   land is cultivated by machines.
    4.   there is no significant growth of technology.
43. In market mechanism system ....
    1.   there is no interference of state
    2.   money does not have any value
    3.   money is considered to be supreme
    4.   money is given too much importance
44. ........... shows the increase in production and the rate of increase.
    1.   Industrial development
    2.   Economic growth
    3.   Economic development
    4.   National development
45. What is a person, who coordinates land capital and labour called?
    1.   Landlord
    2.   Industrialist
    3.   Entrepreneur
    4.   Farmer
46. What percent of the total industrial employment of India do the small and cottage industries generate?
    1.   72%
    2.   96%
    3.   86%
    4.   80%
47. Which things are included in service sector?
    1.   Trade, communication, health, banking
    2.   Import-export, manufacture of nuclear weapons
    3.   Machinery, large industry, colour, chemical
    4.   Tools for communication, defense material, cloth manufacturing
48. Which word is associated with 'underdevelopment'?
    1.   Socialist countries
    2.   developing countries
    3.   developed countries
    4.   Poor countries
49. Russia: Socialist system:: France:
    1.   Socialist system
    2.   Market mechanism system
    3.   Communist system
    4.   Mixed mechanism
50. Which one from the following does not fit into the factors of production?
    1.   market
    2.   capital
    3.   land
    4.   labour
51. In which one of the following countries is market mechanism system being implemented?
    1.   Russia
    2.   USA
    3.   China
    4.   India
52. What type of countries are USA, Russia, Japan, France, etc.?
    1.   Developing
    2.   Developed
    3.   Underdeveloped
    4.   Backward
53. Which country among the following is a developing country?
    1.   France
    2.   Sweden
    3.   Japan
    4.   India
54. For developed countries foreign trade is ....
    1.   favourable
    2.   unfavourable
    3.   unnecessary
    4.   necessary
55. Which one of the following is a factor of market mechanism?
    1.   Economic decisions are taken on the basis of state mechanism.
    2.   Production resources are owned by the state.
    3.   Economic decisions are taken on the basis of price mechanism.
    4.   Economic decision are taken on the basis of national income.
56. What type of sector can primary sector be called?
    1.   Ancient
    2.   Modern
    3.   Labour dominated
    4.   Society dominated
57. Mental or physical work or work including both, aimed at monetary gain means ....
    1.   production
    2.   working skill
    3.   labour
    4.   working capacity
58. What is market mechanism known as?
    1.   Mixed economy
    2.   Socialist method
    3.   Communist method
    4.   Capitalist method
59. What are the main problems regarding production resources of a country?
    1.   scarcity
    2.   efficiency
    3.   quality
    4.   usage
60. With the decrease in demand of any commodity in the market.. ..
    1.   prices go down
    2.   equilibrium of prices is lost
    3.   prices stabilise
    4.   prices rise
61. Which sector contributes most in employment generation and national income?
    1.   Primary sector
    2.   Tourism sector
    3.   Industrial sector
    4.   Education sector
62. What is India called economically?
    1.   Developed
    2.   Underdeveloped
    3.   Developing
    4.   Backward
63. Indian economy is slowly ....
    1.   heading towards
    2.   developing
    3.   coming under America's influence
    4.   settling
64. Due to unlimited ever increasing human needs resources will always be ....
    1.   increasing
    2.   scarce
    3.   sufficient
    4.   abundant
65. Which method is prevalent in France and England for the allocation of production resources?
    1.   capitalist system
    2.   socialist system
    3.   mixed economy system
    4.   market mechanism system
66. On what basis are the economic decisions taken in market mechanism?
    1.   Market
    2.   Supply
    3.   Import and export
    4.   Price mechanism
67. In which of the following countries is mixed economy prevalent?
    1.   USA
    2.   India
    3.   China
    4.   Yugoslavia
68. Which one of the following statements is wrong ?
    1.   The annual population growth is less than 1 % in developing economy
    2.   Agriculture is the main economic activity or, the developing economy
    3.   The growth of technology is less in developing economy
    4.   Per capita income is low in developing economy
69. How is the social structure of developing countries?
    1.   dual
    2.   backward and orthodox
    3.   encouraging for development
    4.   progressive
70. The figure obtained by dividing the total national income by the total population is ....
    1.   Economic growth income
    2.   Average income
    3.   Per capita income
    4.   Absolute income
71. Economic development is associated with people's ..........and living standard of a country.
    1.   optional income
    2.   poverty
    3.   per capita income
    4.   financial income
72. By what other name is socialist system known?
    1.   Controlled economy system
    2.   Free economy system
    3.   Capitalist system
    4.   Order and motivation system
73. What is the concept of economic development?
    1.   narrow
    2.   social
    3.   elaborate
    4.   limited
74. What is the concept of developed country ?
    1.   Minimum
    2.   Relative
    3.   Absolute
    4.   Optional
75. Market mechanism system maintains a person's ........... freedom.
    1.   economic
    2.   civil
    3.   cultural
    4.   social
76. What per cent people of the developing countries are poor?
    1.   More than 18%
    2.   More than 30%
    3.   More than 12%
    4.   More than 24%
77. In which of the following countries is socialist system prevalent?
    1.   India
    2.   Britain
    3.   Japan
    4.   China
78. What is the chief feature of a developing economy?
    1.   Rising prices
    2.   Poverty
    3.   Low per capita income
    4.   Increasing population
79. Who owns the production resources in socialism?
    1.   planning commission
    2.   market mechanism
    3.   entrepreneur
    4.   state
80. Which country among the following is a developed country?
    1.   North America
    2.   India
    3.   Sri Lanka
    4.   Argentina
81. In social system, there is no scope for ....
    1.   traders
    2.   capital
    3.   entrepreneur
    4.   individual ownership
82. What type of economic system prevails in India?
    1.   Capitalist
    2.   Market mechanism system
    3.   Mixed
    4.   Socialist
83. How many tools of production are there?
    1.   Three
    2.   Four
    3.   Five
    4.   Two
84. Which economic system is prevalent in India, England and France?
    1.   Socialist system
    2.   Communist system
    3.   Imperialistic system
    4.   Mixed economy
85. What is the concept of economic growth?
    1.   limited
    2.   elaborate
    3.   narrow
    4.   broad
86. Which of the following limitations is seen in mixed economy?
    1.   inefficiency
    2.   wastage of production resources
    3.   economic disorder
    4.   lack of economic consistency
87. Who takes economic decisions in a socialist economic system?
    1.   money
    2.   price mechanism
    3.   state mechanism
    4.   society
88. What percent people in Australia are employed in the agricultural sector?
    1.   8%
    2.   12%
    3.   5%
    4.   15%