ICSE XII/MCQ Questions for Class 12 Economics Set-9 Sample Test,Sample questions

Question:
For how many industries, licensing is still necessary?

1.7

2. 6

3. 9

4.10


Question:
How many countries are the members of WTO?

1.164

2. 120

3.96

4.48


Question:
How many industries are entirely reserved for the public sector?

1. 6

2.10

3. 2

4. 4


Question:
How much do the “inland sources” contribute to the total fish production in India?

1.64 percent

2.39 percent

3.50 percent

4. 75 percent


Question:
In 2011-12, poverty line was defined worth ________ as consumption per person a month for rural areas and _______ for urban areas.

1. ₹816 and ₹1,000

2. ₹1,012 and ₹1,210

3.₹550 and ₹860

4.₹860 and ₹673


Question:
In 2011-12, which state had the highest poverty rate in India?

1.Odisha

2. Bihar

3. Madhya Pradesh

4.West Bengal


Question:
More than _______ of the world’s poor live in India.

1.half

2. one-third

3.one-fourth

4. one-fifth


Question:
NFWP was launched in:

1.November 2004

2. December 2003

3. November 2002

4. December 2005


Question:
Those who regularly move in and out of poverty are called

1.Chronically poor

2.Churning poor

3. Occasionally poor

4. Transient poor


Question:
What is morbidity?

1. Proneness to fall ill

2. High infant mortality rate

3. High maternal mortality rate

4.Low life expectancy


Question:
What is the distribution of the workforce in rural and urban areas?

1. 75 : 25

2.60 : 40

3.50 : 50

4.40 : 60


Question:
What is the investment limit in small scale industries?

1. 50 lakh

2.1 crore

3.25 lakh

4. 75 crore


Question:
What is the main feature of New Economic Policy?

1.Liberalisation

2. Privatisation

3. Globalisation

4.All of the above


Question:
What is the name of the vegetable and fruit market in Andhra Pradesh?

1.Apni Mandi

2. Hadaspar Mandi

3.Rythu Bazars

4.Uzhavar Sandies


Question:
What percent of GDP was invested in education in the year 1952?

1.7.92 percent

2. 11.7 percent

3. 0.64 percent

4. 3.31 percent


Question:
What percent of urban workers are casual labourers?

1.54 percent

2.41 percent

3.39 percent

4. 18 percent


Question:
What proportion of the urban workforce is engaged in the secondary sector?

1.Half

2. One-third

3.One-fourth

4. One-fifth


Question:
What was the average rate of growth of employment during 1950-2010?

1.1 percent

2.2 percent

3.5 percent

4. 10 percent


Question:
What was the average youth literacy rate in 2015?

1.89.5 percent

2. 74 percent

3.88 percent

4. 95.5 percent


Question:
What was the growth rate of agricultural output during 2007-12?

1.32% per annum

2.6% per annum

3. 1.5% per annum

4. 5% per annum


Question:
What was the percentage of the population below the poverty line in India in 2011-12?

1. 26.1%

2. 19.3%

3.22%

4. 32%


Question:
What was the share of education in total government expenditure in 2014?

1.7.92 percent

2.15.7 percent

3.0.64 percent

4. 3.31 percent


Question:
When was Right to Education Act enacted?

1. 2008

2.2009

3. 2010

4.2012


Question:
When was the National Bank for Agricultural and Rural Development set up?

1. 1962

2.1972

3.1982

4.1992


Question:
When was the Task Force on Projections of Minimum Needs and Effective Consumption Demand was formed?

1.1969

2.1979

3.1989

4. 1999


Question:
When was VAT introduced in most of the States of India?

1.1995

2.2001

3. 2005

4. 2006


Question:
When was WTO established?

1.1996

2.1998

3.2000

4. 1995


Question:
Where is the headquarters of WTO located?

1.Italy

2. Geneva

3.New York

4. Washington


Question:
Which among the following is a process that involves the assembling, storage, processing, transportation, packaging, grading, and distribution of different agricultural commodities across the country?

1.Agricultural Management

2. Agricultural Banking

3. Agricultural Diversification

4.Agricultural Marketing


Question:
Which among the following is an initiative taken for the development of rural India?

1.Human Capital Formation

2.Land Reforms

3. Poverty Alleviation

4.All of these


Question:
Which Indian state has been held as a success story in the efficient implementation of milk cooperatives?

1. Punjab

2.Gujarat

3. Uttar Pradesh

4. West Bengal


Question:
Which level of education takes a major share of total education expenditure in India?

1. Elementary

2.Secondary

3.Higher

4.Tertiary


Question:
Which of the following facilities is included in social infrastructure?

1.Roads and highways

2.Housing

3. Internet

4.Electricity


Question:
Which of the following institutes comes under the health sector?

1.NCERT

2.UGC

3. AICTE

4. ICMR


Question:
Which of the following is a primary sector activity?

1.Mining and Quarrying

2.Construction

3.Trade

4.Transport and Storage


Question:
Which of the following is an action adopted under the provision of minimum basic amenities to the people?

1.Prime Minister’s RozgarYojna

2. Swarna Jayanti Shahari RozgarYojna

3. Pradhan Mantri Gramodaya Yojna

4.National Rural Livelihood Mission


Question:
Which of the following is an institutional source of rural credit?

1. Moneylenders

2.Regional Rural Banks

3. Traders

4. Landlords


Question:
Which of the following is not a feature of organised sector?

1.Job Security

2. Social security benefits

3. Irregular payment

4.Fixed working hours


Question:
Which of the following is not a merit of human capital formation?

1.Improves technical knowledge

2. Enlarges the size of business

3.Increases cost of production

4.Changes social outlooks


Question:
Which of the following is not an employment generation programme?

1. Rural Emplont Generation Programme (REGP)

2.Prime Minister’s Rozgar Yojana (PMRY)

3.National Food foymer Work Programme (NFWP)

4.Valmiki Ambedkar Awas Yojana


Question:
Which of the following is not an indicator of education level?

1. Years of schooling

2. Life expectancy

3.Teacher-pupil ratio

4.Enrollment rate


Question:
Which of the following is not the role of on-the-job training?

1.Eradicates inequality

2.Encourages innovation

3.Promotes modern methods

4.Enhances productivity


Question:
Which of the following is the correct definition of self-employed?

1.Not able to find jobs during some months of the year

2.Own and operate their own enterprises

3.Receive wages on a regular basis by the employer

4.Casually engaged in other individuals enterprises


Question:
Which of the following is the poverty determination measure?

1. Head Count Ratio

2.Sen Index

3. Poverty Gap Index

4. All of these


Question:
Which of the following programmes provide assistance to elderly people are given under?

1. VAMBAY

2.NSAP

3. PMGY

4.PMRY


Question:
Which of the following statement is not true for a worker?

1. A worker contributes to the GDP.

2.Workers may temporarily abstain from work due to illness.

3. Self-employed are not workers.

4.Those who help the main workers are also workers.


Question:
Which of the following statements is not correct with regards to infrastructure?

1.Infrastructure contributes to economic development.

2.Infrastructure provides support services.

3. All infrastructural facilities have a direct impact on the production of goods and services.

4. Inadequate infrastructure can have multiple adverse effects on health.


Question:
Which of the following workers is a regular salaried employee?

1.Owner of a saloon

2.Rickshaw puller

3.Cashier in State Bank of India

4.Vegetable vendor


Question:
Which source of credit had emerged to fully integrate the formal credit system into the overall rural social and community development?

1.Self-help Groups

2. Regional Rural Banks

3. Commercial Banks

4. Land Development Banks


Question:
Which status has been accorded to the retail chains and supermarkets for selling organic food?

1.Eco Status

2. Sustainable Status

3. Nutritional Status

4.Green Status


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