Smartindia Classroom
CONTENTS
English
Computer
Mathematics
History
Geography
Physics
Chemistry
Biology
Malayalam
Back to home
Start Practice
Question-1
Production units on the basis of their ownership are divided into _______________.
(A)
3
(B)
4
(C)
2
(D)
None of these
Question-2
Based on the Human Development Index of 1998 India's position is ________________ among 174 countries of the world.
(A)
125
(B)
116
(C)
128
(D)
None of these
Question-3
_____________ is the most prominent under the system of socialism.
(A)
Public sector
(B)
Private sector
(C)
Mixed economy
(D)
None of these
Question-4
Products are brought to the market considering the ______________.
(A)
Tastes of the consumers
(B)
Demands of the consumers
(C)
Profit by selling them
(D)
None of these
Question-5
World bank war established after world war II to _______________.
(A)
Give assistance to Low income countries for their development
(B)
Give assistance to member nations for reconstruction and development
(C)
Give assistance to developed countries for economic development
(D)
None of these
Question-6
On the basis of the ownership of the means of production and distribution economic system are mainly classified into_____________.
(A)
5
(B)
2
(C)
3
(D)
None of these
Question-7
Under Centralized planning all important economic activities are framed, consolidated and implemented by _______________.
(A)
Investor
(B)
Government
(C)
Entrepreneurs
(D)
None of these
Question-8
Price mechanism and consumer sovereignty are the basic principle of _____________.
(A)
Mixed economy
(B)
Capitalism
(C)
Socialism
(D)
None of these
Question-9
The freedom of choice in a market is called _______________.
(A)
Consumer monopoly
(B)
Consumer sovereignty
(C)
Consumer choice
(D)
None of these
Question-10
Socialism is an economic system where _______________.
(A)
Production is done for the welfare of the society
(B)
The defects of capitalism are minimized
(C)
Equality of opportunities is existing
(D)
None of these
Your Score 0/10
Click
here
to see your answersheet and detailed track records.
Std 9
Kerala (English Medium)
Practice in Related Chapters
Economic Systems
Our Atmosphere
Water - The Elixir Of Life
The Earth Which Supports Man
Continents
Production And Factors Of Production
Poverty And Food Security
The Oceans and Man
Human Resources Development and Society
The Signature of Time
Sun: The Ultimate Source
By The Hands Of The Nature
National Income
Ocean And Man
Economic Growth And Economic Development
Powered By
