MCQ’s Chapter-1 (Economics)

1. In order to get more income

people need:-
a. Regular work
b. Better wages
c. Decent price for their
crops
d. All of these
2. Things like equal treatment,
freedom, security and respect of
others are:-
a. Material things
b. Non material things
c. Income
d. Growth
3. National Developmentrefers
to:-
a. Equality
b. Democratic
c. Employment
d.
Development of all sections
4. Per capita income refers to :-
a. Whole income
b. Average income
c. National Income
d. None of these
5. Literacy measures the
proportion of literate population in
the -----------age group.
a. 5 and above
b. 6 and above
c.
7 and above
d. 8 and above
6. BMI Stands for:-
a.
Body Mass Index
b. Bureau Mass Index
c. Below Measure Index
d. None of these
7. In HDI the letter D stands for:-
a.
Development
b. Decision
c. Develop
d. Delimitation
8. Sustainable development takes
care of the present and ----------.
a. Society
b. Past
c. Future
d. Community
9. National Income refers to:-
a.
Sum of all the factor
incomes
b. Wages
c. Rent
d. Interest
10. Economic Growth plus
Change means:-
a. Economic Development
b. Sustainable Development
c. National Income
d. . None of these
1. In order to get more income
people need:-
a. Regular work
b. Better wages
c. Decent price for their
crops
d. All of these
2. Things like equal treatment,
freedom, security and respect of
others are:-
a. Material things
b. Non material things
c. Income
d. Growth
3. National Developmentrefers
to:-
a. Equality
b. Democratic
c. Employment
d.
Development of all sections
4. Per capita income refers to :-
a. Whole income
b. Average income
c. National Income
d. None of these
5. Literacy measures the
proportion of literate population in
the -----------age group.
a. 5 and above
b. 6 and above
c.
7 and above
d. 8 and above
6. BMI Stands for:-
a.
Body Mass Index
b. Bureau Mass Index
c. Below Measure Index
d. None of these
7. In HDI the letter D stands for:-
a.
Development
b. Decision
c. Develop
d. Delimitation
8. Sustainable development takes
care of the present and ----------.
a. Society
b. Past
c. Future
d. Community
9. National Income refers to:-
a.
Sum of all the factor
incomes
b. Wages
c. Rent
d. Interest
10. Economic Growth plus
Change means:-
a. Economic Development
b. Sustainable Development
c. National Income
d. . None of these
1. In order to get more income
people need:-
a. Regular work
b. Better wages
c. Decent price for their
crops
d. All of these
2. Things like equal treatment,
freedom, security and respect of
others are:-
a. Material things
b. Non material things
c. Income
d. Growth
3. National Developmentrefers
to:-
a. Equality
b. Democratic
c. Employment
d.
Development of all sections
4. Per capita income refers to :-
a. Whole income
b. Average income
c. National Income
d. None of these
5. Literacy measures the
proportion of literate population in
the -----------age group.
a. 5 and above
b. 6 and above
c.
7 and above
d. 8 and above
6. BMI Stands for:-
a.
Body Mass Index
b. Bureau Mass Index
c. Below Measure Index
d. None of these
7. In HDI the letter D stands for:-
a.
Development
b. Decision
c. Develop
d. Delimitation
8. Sustainable development takes
care of the present and ----------.
 a. Society
b. Past
c. Future
d. Community
9. National Income refers to:-
a.
Sum of all the factor
incomes
b. Wages
c. Rent
d. Interest
10. Economic Growth plus
Change means:-
a. Economic Development
b. Sustainable Development
c. National Income
d. . None of these
1. In order to get more income people need:
 Regular work
 Better Wages
 Decent price for their crops
 All of the above

2. Things like equal treatment, freedom, security and respect of others are:
 Material things
 Non material things
 Income
 Growth

3. National development refers to:

 Equality
 Democracy
 Employment
 Development of all Sectors

4. Per capita income refers to:

 Whole income
 Average income
 National income
 None of the above

5. BMI stands for:

 Body mass Index
 Bureau mass index
 Below measure index
 None of the above

6. Literacy measures the proportion of literate population in the ____________ age group.
 5 and above
 6 and above
 7 and above
 8 and above

7. In HDI the letter D stands for:

 Development
 Decision
 Demand
 Detection

8. Sustainable development takes care of the present and ____________.

 Society
 Past
 Future
 Community

9. National income refers to:

 Sum of all the factor incomes
 Wages
 Rent
 Interest

10. Economic growth plus change means:

 Economic development
 Sustainable Development
 National Income
 None of these

11. Development of a country can generally be determined by

(i) its per capita income
(ii) its average literacy level
(iii) health status of its people
(iv) all the above
12. Which of the following neighbouring countries has better performance in terms of human development
than India?
(i) Bangladesh
(ii) Sri Lanka
(iii) Nepal
(iv) Pakistan
13. 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 7000 and Rs 3000 respectively, what is the income of the
fourth family?
(i) Rs 7500
(ii) Rs 3000
(iii) Rs 2000
(iv) Rs 6000

14. Which one of the following countries has the largest size of illiterate population in the age group of 15 +
in the world?
(a) India
(b) Sri Lanka
(c) Myanmar
(d) Bangladesh

15. Development of a country can generally be determined by its: 

(a) per capita income
(b) average.literacy Ieve4
(c) health status of its people
(d) none of these

16. We can obtain per capita income of a country by calculating:

(a) the total income of a person
(b) by dividing the national income by the total population of a country
(c) the total value of all goods and services
(d) the total exports of the country

17. Kerala has low infant Mortality Rate because:

(a) it has good climatic condition
(b) it has adequate infrastructure
(c) it has adequate provision of basic health and educational facilities
(d) it has poor net attendance ratio
18. Nepal has nearly ……………. the per capita income of India (in 2004)
(a) one – fourth
(b) three – fourth
(c) equal
(d) half

19. What proportion of the country is over using their groundwater reserves ?
(a) One – Fourth
(b) One – Tenth
(c) One – Third
(d) half

20. Resources which will get exhausted after years of use is called ……………
(a) Renewable resources
(b) Non – durable resources
(c) Non – renewable resources
(d) Competing resources