Gross Domestic Product and its Growth: An Introduction English Medium Free Online Test 1 Mark Questions with Answer Key 2020 - 2021

10th Standard

    Reg.No. :
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Social Science

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

    Part A

    10 x 1 = 10
  1. 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

  2. ______ 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

  3. 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

  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 a good measures of value to know the economic status of a nation

    (a)

    GNP

    (b)

    GDP

    (c)

    NDP

    (d)

    PI

  8. DPI=__________

    (a)

    GNP - Depreciation

    (b)

    GDP - Depreciation

    (c)

    PI - Direct taxes

    (d)

    National Income / Population

  9. India is the_________largest by Purchasing Power Parity (PPP)

    (a)

    Fifth

    (b)

    Sixth

    (c)

    Third

    (d)

    Second

  10. Industrial sector is_______sector.

    (a)

    Primary sector

    (b)

    Secondary sector

    (c)

    Tertiary sector

    (d)

    None

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