P RACTICE SHEET-1

ECONOMICS CLASS IX
Chapter: Story of Village Palampur

1. What is the main economic activity in the village of Palampur?

a. Fishing

b. Agriculture

c. Mining

d. Manufacturing

2. Which factor is considered a fixed capital in the context of Palampur?

a. Tractors

b. Fertilizers

c. Seeds

d. Labor

3. What is the purpose of constructing storage facilities in Palampur?

a. To store excess water

b. To store agricultural produce

c. To store machinery

d. To store livestock

Chapter: People as Resource

4. In the context of 'People as Resource,' what does human capital refer to?

a. Money

b. Skills and knowledge

c. Land and property

d. Physical strength

5. What is the significance of investing in education and healthcare in developing human resources?

a. Increases unemployment

b. Enhances productivity and quality of life

c. Causes inflation

d. Reduces economic growth

6. Which sector is considered the most vital in the development of human resources?

a. Agriculture

b. Manufacturing

c. Service

d. Mining

Chapter: Poverty as Challenge

7. What is the most common indicator used to measure poverty in a country?

 a. Gross Domestic Product (GDP)

b. Unemployment rate

c. Literacy rate

d. Poverty line

8. What is the primary cause of rural poverty in many developing countries?

a. Lack of natural resources

b. Low agricultural productivity

c. Excessive population

d. Lack of technology

9. What is the objective of the National Rural Employment Guarantee Act (NREGA) in India?

a. Providing free healthcare

b. Guaranteeing employment to rural households

c. Promoting education

d. Subsidizing food prices

Chapter: Food Security of India

10. What is the main focus of the Public Distribution System (PDS) in India?

a. Providing healthcare

b. Ensuring food availability to all citizens

c. Promoting education

d. Creating job opportunities

11. Which of the following is NOT a component of food security?

a. Food availability

b. Food accessibility

c. Food stability

d. Food utilization

12. What is the role of buffer stock in ensuring food security?

a. Stabilizing food prices

b. Increasing food production

c. Promoting food exports

d. Enhancing food quality