CBSE X Sectors of the Indian Economy practice questions

Question 1

With rising household incomes, demand often grows for which services? (i) Eating out; (ii) private hospitals; (iii) national defence as a household purchase; (iv) tourism.

Accepted Answer

(i),(ii),(iv)

Answer

(i),(iv) only

Answer

(iii),(iv) only

Answer

(iii) only

Question 2

Which set is characteristic of organised employment?

Accepted Answer

Regular hours, job security, paid leave and regulated benefits

Answer

No rules and arbitrary dismissal

Answer

Only unpaid work

Answer

No safety provisions and no leave

Question 3

Match A cotton cultivation, B dairy, C weaving and sugar-making, D transport/storage/communication, E washermen/barbers/cobblers/lawyers with: (i) industrial activity; (ii) supporting services; (iii) personal services; (iv) animal biology and fodder; (v) rainfall, sunshine and climate.

Accepted Answer

(A)-(v), (B)- (iv), (C)-(i), (D)- (ii), (E)-(iii)

Answer

(A)-(v), (B)-(iv), (C)-(iii), (D)- (i), (E)-(ii)

Answer

(A)-(v), (B)-(iv), (C)-(ii), (D)- (i), (E)-(ii)

Answer

(A)-(iii), (B)-(v), (C)-(iv), (D)- (i), (E)-(ii)

Question 4

Match the following columns and choose the correct option. Column I Column II (A) Public sector (i) This sector transforms one goods into another by adding more value and utility. (B) Primary sector (ii) This sector provides useful services for other sectors. (C) Secondary sector (iii) This sector produces goods by exploiting natural resources. (D) Tertiary sector (iv) This sector is managed and controlled by the government to provide facilities for the people. A B C D

Accepted Answer

(iv) (iii) (i) (ii)

Answer

(iii) (ii) (iv) (i)

Answer

(iv) (ii) (iii) (i)

Answer

(i) (ii) (iii) (iv)

Question 5

Which sequence demonstrates interdependence of economic sectors?

Accepted Answer

Mining ore,manufacturing vehicles,and transporting goods

Answer

Mining ore with no link to materials or transport

Answer

Manufacturing every product without raw materials or services

Answer

Transporting goods without any goods ever being produced

Question 6

What doesGDP measure in a basic production definition?

Accepted Answer

Value of final goods and services produced within a country during a specified period

Answer

Value of every intermediate sale added repeatedly without adjustment

Answer

Only a country’s exports

Answer

Only the income of its richest citizen

Question 7

A family farm needs three workers for its present output but employs seven. Four leave,and output remains unchanged. What does this illustrate?

Accepted Answer

Disguised unemployment

Answer

Full productive employment of all seven

Answer

A fall in output caused by the four leaving

Answer

A tertiary-sector monopoly

Question 8

Why can agriculture employ a large share of workers while contributing a smaller share of total output?

Accepted Answer

Low productivity per worker and disguised unemployment can be contributing factors.

Answer

Employment shares and output shares must always be identical

Answer

Every agricultural worker necessarily has the same output as every industrial worker

Answer

Services are excluded from national output