Gross Domestic Product and its Growth: an Introduction Model Questions

10th Standard EM

    Reg.No. :
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Social Science

Time : 01:00:00 Hrs
Total Marks : 50
    5 x 1 = 5
  1. 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

  2. Indian economy is

    (a)

    Developing Economy

    (b)

    Emerging Economy

    (c)

    Dual Economy

    (d)

    All the above

  3. GNP is measure of

    (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

  4. __________Sector is largest sector.

    (a)

    Agriculture

    (b)

    Service

    (c)

    Industry

    (d)

    None.

  5. __________is a good measures of value to know the economic status of a nation

    (a)

    GNP

    (b)

    GDP

    (c)

    NDP

    (d)

    PI

  6. 5 x 1 = 5
  7. India is _____ fastest growing nation of the world.

    ()

    Fifth

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

    ()

    Industrial Policy

  9. __________represents the economic health of a country.

    ()

    Gross Domestic Product

  10. Service sector is__________sector in India.

    ()

    Largest

  11. Gross National Product is also called_______

    ()

    National Dividend

  12. 7 x 2 = 14
  13. Define National income.

  14. What is per capita income?

  15. Define the value-added approach with example.

  16. Distinguish between GDP and GNP

  17. Give three Methods of Calculating GDP

  18. What is Economic Growth?

  19. Write a short note on Economic Development.

  20. 2 x 5 = 10
  21. Name the sectors contribute to the GDP with examples.

  22. Write the classification of different sectors contribution in GDP.

  23. 2 x 8 = 16
  24. Briefly explain various terms associated with measuring of national income.

  25. What are the methods of calculating Gross Domestic Product? and explain its.

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