Economics - Gross Domestic Product and its Growth: An Introduction 1 Mark Book Back Question Paper With Answer Key

10th Standard

    Reg.No. :
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Social Science

Time : 00:10:00 Hrs
Total Marks : 10

    Multiple Choice Question

    10 x 1 = 10
  1. GNP equals

    (a)

    NNP adjusted for inflation

    (b)

    GDP adjusted for inflation

    (c)

    GDP plus net property income from abroad

    (d)

    NNP plus net property income or abroad

  2. National Income is a measure of

    (a)

    Total value of money

    (b)

    Total value of producer goods

    (c)

    Total value of consumption goods

    (d)

    Total value of goods and services

  3. Primary sector consist of

    (a)

    Agriculture

    (b)

    Automobiles

    (c)

    Trade

    (d)

    Banking

  4. ______ approach is the value added by each intermediate good is summed to estimate the value of the final good.

    (a)

    Expenditure approach

    (b)

    Value added approach

    (c)

    Income approach

    (d)

    National Income

  5. Which one sector is highest employment in the GDP.

    (a)

    Agricultural sector

    (b)

    Industrial sector

    (c)

    Service sector

    (d)

    None of the above.

  6. Gross value added at current prices for services sector is estimated at ______ lakh crore in 2018-19.

    (a)

    91.06

    (b)

    92.26

    (c)

    80.07

    (d)

    98.29

  7. India is ______ larger producer in agricultural product.

    (a)

    1st

    (b)

    3rd

    (c)

    4th

    (d)

    2nd

  8. India’s life expectancy at birth is ______ years.

    (a)

    65

    (b)

    60

    (c)

    70

    (d)

    55

  9. Which one is a trade policy?

    (a)

    irrigation policy

    (b)

    import and export policy

    (c)

    land-reform policy

    (d)

    wage policy

  10. Indian economy is

    (a)

    Developing Economy

    (b)

    Emerging Economy

    (c)

    Dual Economy

    (d)

    All the above

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