Economics Ch 1,2

Question 1

GNP stands for

Accepted Answer

Gross National Product

Question 2

What is the main economic activity of village Palampur ?

Accepted Answer

Agriculture

Question 3

What is the goal of Ch-1 ?

Accepted Answer

To introduce concepts of production

Question 4

In India , the ______ Sector is the biggest employer ?

Accepted Answer

Primary

Question 5

How many families live in the village of Palampur ?

Accepted Answer

450

Question 6

A doctor treating his own child is an example of ?

Accepted Answer

Non-economic Activity

Question 7

The crop associated with winter season is ?

Accepted Answer

Rabi

Question 8

Example of fixed capital is ?

Accepted Answer

Tools

Question 9

Primary Sector does not include

Accepted Answer

Transport

Question 10

Human Capital Includes

Accepted Answer

All of these

Question 11

When more than one crop is grown in same piece of land in a year it is called?

Accepted Answer

Multiple cropping

Question 12

Which of the following is a factor of production ?

Accepted Answer

Land

Question 13

What is an activity performed by tertiary sector ?

Accepted Answer

Studying in a college

Question 14

Activities which extracts natural resources are ?

Accepted Answer

Primary Sector

Question 15

The Quality of population depend upon ?

Accepted Answer

literacy rate

Questions 15