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Question-1
Some of the indices available to assers the economic progress achieved by nations are given below select the one which does not belong to Human development Index (HDI)
(A)
Life expectancy
(B)
Educational standard
(C)
Standard of living
(D)
Progress in science and information technology
Question-2
Bared on the per capita Gross National Product world bank has decided the countries into _______________ groups.
(A)
5
(B)
4
(C)
3
(D)
None of these
Question-3
Price mechanism and consumer sovereignty are the basic principle of _____________.
(A)
Mixed economy
(B)
Capitalism
(C)
Socialism
(D)
None of these
Question-4
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-5
An economic system where most of the productive unit are under the ownership and control of the private sector is _____________.
(A)
Socialism
(B)
Capitalism
(C)
Mixed Economy
(D)
None of these
Question-6
ISRO belongs on the basis of it ownership to _________________.
(A)
Joint sector
(B)
Private sector
(C)
Public sector
(D)
None of these
Question-7
The freedom of choice in a market is called _______________.
(A)
Consumer monopoly
(B)
Consumer sovereignty
(C)
Consumer choice
(D)
None of these
Question-8
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-9
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
Question-10
_____________ is the most prominent under the system of socialism.
(A)
Public sector
(B)
Private sector
(C)
Mixed economy
(D)
None of these
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Std 9
Kerala (English Medium)
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