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Question-1
There are ________ factors of production.
(A)
Two
(B)
Four
(C)
Five
(D)
Six
Question-2
The reward paid to capital is
(A)
Rent
(B)
Wages
(C)
Interest
(D)
Profit
Question-3
Economics is a ________ science.
(A)
Social
(B)
Political
(C)
Moral
(D)
Computer
Question-4
Investment in education is called _______ capital.
(A)
Physical
(B)
Human
(C)
Money
(D)
Fixed
Question-5
Labour cannot be separated from
(A)
Laboures
(B)
Profit
(C)
Capital
(D)
Rent
Question-6
_______ is/are also an important determinant of the productivity of land.
(A)
Investment on land
(B)
Proper use of land
(C)
Security of tenancy
(D)
All the above
Question-7
The reward paid to labour as a factor of production is
(A)
Rent
(B)
Wages
(C)
Profit
(D)
Interest
Question-8
Wages is the reward for
(A)
Labour
(B)
Land
(C)
Capital
(D)
Organisation
Question-9
Agriculture is classified under _______ sector.
(A)
Primary sector
(B)
Secondary sector
(C)
Tertiary sector
(D)
Service sector
Question-10
An organizer will always make
(A)
Innovations
(B)
Traditions
(C)
Risks
(D)
Machinery
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Std 7
Tamil Nadu (English Medium)
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