SSC SOCIAL SCIENCE CHAPTER 16 MCQ

CH 16 : ECONOMIC DEVELOPMENT

Quiz

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