ECO - Gross Domestic Product and its Growth: an Introduction Model Question Paper

10th Standard

    Reg.No. :
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Social Science

Time : 02:00:00 Hrs
Total Marks : 50
    8 x 1 = 8
  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. Primary sector consist of

    (a)

    Agriculture

    (b)

    Automobiles

    (c)

    Trade

    (d)

    Banking

  3. India is ______ larger producer in agricultural product.

    (a)

    1st

    (b)

    3rd

    (c)

    4th

    (d)

    2nd

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

    (a)

    65

    (b)

    60

    (c)

    70

    (d)

    55

  5. Indian economy is

    (a)

    Developing Economy

    (b)

    Emerging Economy

    (c)

    Dual Economy

    (d)

    All the above

  6. __________Sector is largest sector.

    (a)

    Agriculture

    (b)

    Service

    (c)

    Industry

    (d)

    None.

  7. _______is the sixth largest economy of the world.

    (a)

    U.S.A

    (b)

    Japan

    (c)

    India

    (d)

    Pakistan

  8. NDP =_________

    (a)

    GDP + Depreciation

    (b)

    GNP - Depreciation

    (c)

    GDP - Depreciation

    (d)

    GDP x Depreciation

  9. 6 x 2 = 12
  10. Define National income.

  11. Write the importance of Gross domestic product.

  12. Name the sectors contribute to the GDP with examples.

  13. What are the factors supporting to develop the Indian economy?

  14. What is Net National Product?

  15. Distinguish between NDP and NNP.

  16. 6 x 1 = 6
  17. _____ is the primary sector in India.

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    Agricultural

  18. Secondary sector otherwise called as _____.

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    Industrial Sector

  19. India is _____ largest economy of the world.

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    Sixth

  20. _____ policy envisages rapid industrialization with modernization for attaining rapid economic growth of GDP.

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    Industrial

  21. Service sector is__________sector in India.

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    Largest

  22. GNH stands for________

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    Gross National Happiness

  23. 6 x 1 = 6
  24. Price policy

  25. (1)

    Tax on goods and service

  26. GST

  27. (2)

    Agriculture

  28. GDP

  29. (3)

    PPP

  30. NNP

  31. (4)

    Net Domestic Product

  32. NDP

  33. (5)

    Net National Product

  34. Purchasing Power Parity

  35. (6)

    Gross Domestic Product

    3 x 1 = 3
  36. The rate of saving is low in India for the following reason
    i). Low per capita income.
    ii). Poor performance and less contribution of public sector.
    iii). Poor contribution of household sector.
    iv). Savings potential of the rural sector not tapped fully.
    a) i, ii, iv are correct
    b) i, ii and iii are correct
    c) i, ii, iii and iv are correct
    d) i, iii and iv are correct

  37. i) Percapita Income is obtained by dividing the population by National Income.
    ii) Out per person is an indicator to show the living standard of people in a country.
    iii) Disposable income means national income.
    iv) Net Domestic Product is a part of Gross Domestic Product.
    (a) i, ii and iii are correct
    (b) ii and iii are correct
    (c) iii and iv are correct
    (d) ii and iv are correct

  38. Importance of GDP
    i) Study of Economic Growth.
    ii) Unequal distribution of wealth.
    iii) Problems of inflation and deflation
    iv) Guide to economic planning
    (a) Only i is correct
    (b) i and ii are correct
    (c) Only iv is correct
    (d) i, ii, iii and iv are correct

  39. 3 x 5 = 15
  40. Write any five differences between the growth and development.

  41. Explain the following the economic policies
    a) Agricultural Policy
    b) Industrial policy
    c) New ecnomic policy

  42. Explain the limitations of GDP

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