1.4 Multiple Choice Questions:
1. The most important attribute for comparing the development of a country is _________ .
a) Health b) Income c) Education d) Distribution .
2. Assume there are four families in a country. The average per capita income of these families is Rs. 5000. If the income of three families is Rs. 4000, Rs. 3000 respectively. What is the income of the fourth family?
a) Rs. 7500 b) Rs. 6500 c) Rs. 4500 d) Rs. 6000 .
3. Development of a country can generally be determined by ___________ .
a) Its per capita income b) Its average literacy level
c) Health status of its people d) All of the above .
4. Which term is not required for classification of developments or progress of the country?
a) Per-capita income b) Infant Mortality Rate
c) Killing of wild animals and birds d) Literacy rate .
5. Which is not an economic goal out of the following mentioned goals desired by the people?
a) Regular Employment b) Better facilities
c) Decent goods produced by them d) Rising prices of essential goods.
6. Which is not a social goal mentioned in the following lines?
a) Right to cast a vote to anti-social elements b) Equal social treatment
c) Social security in old age d) Respecting others .
7. Which is not generally desired by the industrialist?
a) Violent agitation of the workers b) Reasonable demand to increase wages
c) Better infrastructure provided by government d) Perfect competition in global workers .
8. Which one is not a source for economic information of the modern Indian economy?
a) Economy Survey done by the state government .
b) Human development report .
c) World bank reports indicating developments .
d) Inscriptions of ancient and medieval history .
Answers:
1. Income 2. Rs. 6000 3. Its per capita income 4. Killing of wild animals and birds
5. Rising prices of essentials goods 6. Right to cast a vote to anti-social elements
7. Violent agitation of the workers 8. Inscriptions of ancient and medieval history.