10th Economics Unit 1 and 2 Free Online Test

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1. GNP equals

1 point

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.

Other:

Clear selection

2. National Income is a measure of

1 point

a) Total valuce of money

b) Total value of produce goods

c) Total value of consumption goods

d) Total value of goods and services

Other:

Clear selection

3. Primary sector consist of

1 point

a) Agriculture

b) Automobiles

c) Trade

d) Banking

Other:

Clear selection

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

1 point

a) expenditure approach

b) value added approach

c) Income approach

d) national income

Other:

Clear selection

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

1 point

a) Agriculture sector

b) Industiral sector

c) Service sector

d) None of the above

Other:

Clear selection

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

1 point

91.06

b) 92.26

c) 80.07

d) 98.29

Other:

Clear selection

7. India’s life expectancy at birth is years

1 point

b) 60

c) 70

d) 55

Other:

Clear selection

8. Which one is a trade policy?

1 point

a) irrigation policy

b) import and export policy

c) land-reform policy

d) wage policy

Other:

Clear selection

9. Indian economy is

1 point

a) Developing economy

b) Emerging economy

c) Dual economy

d) All the above

Other:

Clear selection

10. GNP is measure of

1 point

a) Total value of money

b) Total value of producer goods

c) Total value of goods and services produced and income received from abroad.

d) Total value of goods and services.

Other:

Clear selection

11. sector is largest sector.

1 point

a) Agriculture

b) Service

c) Industry

d) None

Other:

Clear selection

12. ....... is the sixth largest economy of the world.

1 point

a) U.S.A

b) japan

c) India

d) Pakistan

Other:

Clear selection

13. ...... is a good measure of value to know the exonomic status of a nation.

1 point

a) GNP

b) GDP

c) NDP

d) PI

Other:

Clear selection

14. Per capital income =

1 point

a) National Incoe + Population

b) National Incoem x Population

c) National Income – Population

d) National Income ÷ population

Other:

Clear selection

15. 22. NDP= ....................

1 point

a) GDP + depreciation

b) GNP – Depreciation

c) GDP – Depreciation

d) GDP x depreciation

Other:

Clear selection

16. CPI stands for

1 point

a) Consumer Price Index

b) Conusmption product index

c) Consumer product Index

d) Consumption Price Index

Other:

Clear selection

17. Who is the head of the World Trade Organisation (WTO)?

1 point

a) Ministerial conference

b) Director General

c) Deputy Director General

d) None of these

Other:

Clear selection

18. How many countries were memberships in WTO at present?

1 point

159

b) 164

c) 148

d) 128

Other:

Clear selection

19. Colonial advent in India

1 point

a) Portuguese, Dutch, English, Danish, French

b) Dutch, English, Danish, French

c) Portuguese Danish, Dutth, French, Enghsh

d) Danish, Portuguese French, Eng1ish, Dutch

Other:

Clear selection

20. Who first came to India for tradi1g purpose?

1 point

a) Roman Empire

b) Portuguese

c) Dutch

d) Danish

Other:

Clear selection

21. When did Portuguese colonize India?

1 point

1600 BC

b) 1602 BC

c) 1498 BC

d) 1616BC

Other:

Clear selection

22. India signed the Dunket proposal in

1 point

1984

b) 1976

c) 1950

d) 1994

Other:

Clear selection

23. Who granted the English “Golden Fireman” in 1632

1 point

a) Jahangir

b) Sultan of Golconda

c) Akbar

d) Aurangzeb

Other:

Clear selection

24. Indian government was introdueced in 1991.

1 point

a) Globalization

b) World Trade Organisatin

c) New Economic Policy

d) None

Other:

Clear selection

25. Dutch captured Pondichery in

1 point

1498

b) 1693

c) 1995

d) 1947

Other:

Clear selection

26. French Easi ndia Company established factory at Masulipatanam.

1 point

a) First

b) Second

c) Third

d) Fourth

Other:

Clear selection

27. FIP Stands for

1 point

a) Foreign Investment Policy

b) Foreign Institute Product

c) Former institute Programme

d) None

Other:

Clear selection

28. The historical background of globalization can be discussed on stages.

1 point

a) one

b) two

c) four

d) three

Other:

Clear selection

29. An early form of globalized economics and culture, known as globalization.

1 point

a) Archaic

b) Proto

c) Modern

d) None

Other:

Clear selection

30. Foreign Exchange Regulation Act promulgated in

1 point

1970

b) 1973

c) 1972

d) 1980

Other:

Clear selection

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