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CBSE Class 10 Economics Quiz | CBSE Class 10 Economics Multiple Choice Questions(MCQs) & Answers

(1) The National Consumer Day is celebrated on
[A] 24th September
[B] 24th December
[C] 24th November
[D] 24th October
Answer: 24th December
(2) The department of consumer affairs are found at
[A] State level
[B] National level
[C] both (a) and (b)
[D] None of these
Answer: both (a) and (b)

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(3) Which one of the following is the agency that develops standards for goods and services in India?
[A] Consumer Protection Councils
[B] COPRA
[C] National Consumer Court
[D] Bureau of Indian Standards
Answer: Bureau of Indian Standards
(4) When was the ‘Right to Information Act’ passed ?
[A] In October 2005
[B] In July 2007
[C] In January 2002
[D] In March 2004
Answer: In October 2005
(5) The consumer movement in India has led to the formation of various organisations which are locally known as :
[A] The Consumer Protection Act (copra)
[B] The World Trade Organization
[C] Consumer Protection Council
[D] The Consumer International
Answer: The Consumer Protection Act (copra)
(6) MRP on a product means :
[A] maximum retail price
[B] micro retail price
[C] minimum retail price
[D] none of the above
Answer: maximum retail price
(7) Which of the following types of activities are covered in the secondary sector?
[A] Natural products are changed through manufacturing
[B] Goods are produced by exploiting natural resources
[C] It generates services rather than goods
[D] It includes agriculture, forestry and dairy
Answer: Natural products are changed through manufacturing
(8) Under employment occurs when people
[A] are not skilled
[B] are working less than they are capable of
[C] do not want to work
[D] are not paid for their work
Answer: are working less than they are capable of
(9) Workers enjoy job security in :
[A] Organised Sector
[B] Unorganised Sector
[C] Agriculture Sector
[D] Private Sector
Answer: Organised Sector
(10) Which of the following was the objective of NREGA 2005 ?
[A] To provide 100 days employment in a year by the government.
[B] To control the flow of money from private sector to public sector.
[C] To control the unorganized sector in rural areas.
[D] None of the above.
Answer: To provide 100 days employment in a year by the government.
(11) Why did the government shift its strategy from long term to short term programmes to remove unemployment?
[A] Long term programmes takes a long time to implement
[B] Lukewarm response from the state govenrmnets
[C] Large Scale Corruption
[D] Lack of funds
Answer: Long term programmes takes a long time to implement
(12) Which of the following statements is true in respect of Public Sector?
[A] Government owns the assets
[B] A group of people owns most of the assets
[C] An individual owns most of the assets
[D] Big companies own most of the assets
Answer: Government owns the assets
(13) Which of the following economic activity is not in the tertiary sector?
[A] Bee-keeping
[B] Teaching
[C] Banking
[D] Working in a call centre
Answer: Bee-keeping
(14) The service sector includes activities such as:
[A] transport, communication and banking
[B] making sugar, gur and bricks
[C] agriculture, dairy, fishing and forestry
[D] none of these
Answer: transport, communication and banking
(15) Which of the following provision makes NREGA as the Right to Work?
[A] If the government fails to provide employment, it will give unemployment allowance.
[B] This Act has been spread to all the districts in the country.
[C] Increase in land productivity has been given the preference.
[D] This Act was passed by the Parliament in 2005
Answer: If the government fails to provide employment, it will give unemployment allowance.
(16) Which one of the following sectors is the largest employer in India ?
[A] IT sector
[B] Primary
[C] Secondary
[D] Tertiary
Answer: Primary
(17) Which one of the following activities can be included in the primary sector?
[A] Cultivating sugar cane
[B] Providing storage facility for the grains
[C] Giving loans to the farmer
[D] Making Sugar from sugar cane
Answer: Cultivating sugar cane
(18) GDP is the total value of:
[A] all final goods and services
[B] all intermediate and final goods and services
[C] all goods and services
[D] all intermediate goods and services
Answer: all final goods and services
(19) Which of the following states of India has low IMR?
[A] Kerala
[B] Bihar
[C] Punjab
[D] None of these
Answer: Kerala
(20) Development goals of different sections of our society can be achieved by:
[A] Democratic Political process
[B] Violent Agitation
[C] Force
[D] Terrorism
Answer: Democratic Political process

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