Production One Mark Questions

7th Standard EM

    Reg.No. :
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Social Science

Time : 00:30:00 Hrs
Total Marks : 15
    5 x 1 = 5
  1. Production refers to

    (a)

    destruction of utility

    (b)

    creation of utilities

    (c)

    exchange value

    (d)

    none of these

  2. Utilities are in the nature of

    (a)

    form utility

    (b)

    time utility

    (c)

    place utility

    (d)

    all of these

  3. The most to the Gross Domestic product of our country is contributed by the __________ sector.

    (a)

    Tertiary

    (b)

     Primary

    (c)

    Secondary

    (d)

    All the above

  4. ______________ is known as 'Father of Economics'.

    (a)

    Alfred Marshall

    (b)

    Adam Smith

    (c)

    Karl Mark

    (d)

    Amartya Sen

  5. __________ cannot be stored.

    (a)

    Land

    (b)

    Capital

    (c)

    Organisation

    (d)

    Labour

  6. 5 x 1 = 5
  7. __________means want satisfying power of a product.

    ()

    Utility

  8. Derived factors are _______ and ________

    ()

    Capital, Organization

  9. _____is a fixed in supply.

    ()

    Land

  10. ____________ is more perishable than other factors of production

    ()

    Labour

  11. 'The Theory of Moral Sentiments' was written by ___________

    ()

    Adam Smith

  12. 5 x 1 = 5
  13. Primary production

  14. (1)

    Stored for future

  15. Time utility

  16. (2)

    Cotton Industry

  17. Wealth of nation

  18. (3)

    Food Production

  19. Primary sector

  20. (4)

    Adamsmith

  21. Secondary sector

  22. (5)

    Fishing, mining

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