4. What do you mean by a mixed economy?

a) Modern and traditional industries

b) Public and private sectors
c) Foreign and domestic investments
d) Commercial and subsistence farming
Answer- b
5. What do you mean by demand of a commodity?
a) A desire for the commodity
b) Need for the commodity
c) Quantity demanded of that commodity
d) Quantity of the commodity demanded at a certain price during any particular period of time
Answer- d
6. Starting from the time of Independence India followed a planned economy because.

1.
1.
 India followed a five-year plan and required an outlook
 Indian constitution directive principles indicated the planned vision of India
 The five-year plan does not indicate how much of each and every good and
service is to be produced.
Choose the correct statements using the option below.
a) Only 2
b) 2 and 3
c) 1 and 3
d) All the above
Answer- b
7. What do you mean by Gross National Product?
a) The total value of goods and services produced in the country
b) The total value of all transactions in the country
c) Depreciation in the total value of goods and services produced in the country
d) The total value of goods and services produced in the country and net factor income from abroad
Answer- d
8. The reason for the decline in the child sex ratio in India is.
a) Low fertility rate.
b) Female foeticide
c) Incentives for boy child from government
d) None of the above
Answer- b
9. What things are taken into consideration while revising the poverty line periodically.
a) By conducting a survey every five years
b) National Sample Survey Organisation carry out the survey
c) Both a and b are taken into consideration
d) None of the above
Answer- c
10. In India, which bank has the highest share in the disbursement of credit to agriculture and allied
activities?
a) Cooperative Banks
b) Regional Rural Banks
c) Commercial Banks
d) Microfinance institutions
Answer- c
11. Which of the below-mentioned institute are linked with the financial sector of India controlled by
the Reserve Bank of India (RBI)?
a) Commercial Bank
b) Money Lenders
c) Stock Exchange Operations
d) All the above
Answer- c
12. What does Price flooring mean?
a) Shortage
b) Surpluses
c) Equilibrium
d) None of the above
Answer- b
13. What is the Gross National Product?
a) The total value of Good and services manufactured in the country
b) The total value of all the transactions in the country
c) Reduction in the total value of goods and services produced in the country
d) The total worth of goods and services generated in the country and net factor income from
abroad.
Answer- d
14. Why statistically the unemployment rate is low in India?
Unemployment is calculated only from the age group 15 years to 59 years
Unemployment survives only when an individual cannot find a job
People are not interested in working outside the domestic area
Choose the correct option.
a) Only 3
b) 2 and 3
c) Only 2
d) All of the above
Answer- c
15. The bowed shape of the production possibilities curve illustrates.
a) Law of Increasing Marginal Cost
b) The production is inefficient
c) The production is unattainable
d) The demand is relatively elastic
Answer- a
16. The main economic problem faced by all society is.
a) Unemployment
b) Inequality
c) Poverty
d) Scarcity
Answer- d
17. “Capitalism” refers to?
a) The use of market
b) Government ownership of capital
c) Private ownership of capital goods
d) Private ownership of homes & cars
Answer- c
18. The goal of a pure market economy is to meet the desire of?
a) Consumers
b) Companies
c) Workers
d) The government
Answer- a
19. The law of demand means?
a) As the quantity demanded rises, the price rises
b) As the price rises, the quantity demanded rises
c) As the price rises, the quantity demanded falls
d) As supply rises, the demand rises
Answer- c
20. The example of agriculture price support program is?
a) A price ceiling
b) A price floor
c) Equilibrium pricing
d) None of the above
Answer- b

Question 1
When was the 1st census data compiled during the British Raj?

 1882
 1881
  1981
 1985
Answer: 1881
Question 2
What was the life expectancy during British India and what is it today?
Answer: As per the government issued data, life expectancy during British India was 32 years and
today it is 68 years.
Question 3
Mention 1 significance of Suez canal.
Answer: The Suez Canal was opened in the year 1869, which drastically reduced the cost of
transportation of the goods between Britain and India.

Important Topics in Economics:

 Consumer Protection Act

 What is Demand?

Question 4
When were the Railways introduced in India?

 1830
 1860
 1853
 1900
Answer: 1853
Question 5
What was IMR (Infant Mortality Rate) during British India?
Answer: It was 218 per 1000
Question 6
What is Muslin?
Answer: Muslin is considered as one of the best fabrics that are available today. It is the softest and
purest fabric across the globe. It was originated years ago, and this fabric got the name from a
British Indian Port known as Maisolos.
Question 7
In which year were the Iron and Steel industries began?

 19th Century
 17th Century
 20th Century
  14th Century
Answer: 20th Century
Question 8
Which industries were adversely affected during the partition of India?
Answer: The Textile and Jute industries
Question 9
What is the export surplus?
Answer: The total amount of goods and services that a nation exports that is in excess of the
commodities and services its imports is known as export services.
Question 10
When did the commercialisation of agriculture begin in India?
Answer: The commercialisation of agriculture begin in India during the British Rule.
Question 11
What are the changes that agriculture has brought in India?
Answer : The notion of railways was raised in the early 1830s. They had initiated to link the 3 ports
of Madras, Bombay and Kolkata by a railway line. It has certainly helped India in cracking both the
cultural and geographical barriers and the people could travel long distances.
Question 12
Write a note on Zamindari system in India.
Answer: Zamindari system was introduced by Lord Cornwallis in India, in the year 1793 via the
Permanent Settlement Act (PSA). It was introduced in the provinces of Varanasi, Bihar, Bengal and
Orissa. The Zamindars were considered and recognised as the landlords as long as they paid the
revenue to the East India Company regularly.
British primarily adopted 3 types of land tenure systems. Namely:

 Zamindari system: On an average 19% of the total area under the British rule – Benaras,
NWFP divisions, Bihar and Bengal.
 Ryotwari system: Covered about 51% of the area under the British rule – Madras, Bombay
and Assam.
 Mahalwari system: Covered 30% under the British rule – Major parts of NWFP, central
provinces and Punjab.
Question 13
Name a few individuals who tried to estimate colonial India’s per capita income.
Answer: Some individuals like – Dadabhai Naoroji, R.C. Desai, Shirras, Findlay, V.K.R.V. Rao and
William Digby tried to estimate such figures.
Question 14
How did the export surplus lead to an economic drain of wealth during the colonial rule?
Answer: Export surplus was an instrument to perpetuate the ‘drain of wealth’ from India to Britain.
The surplus amount that was earned by India through exports was siphoned off to the colonial British
under various expenses such as ‘home charges’ or the military payments or remittances of British
residents and officials in India to Britain.
Question 15
What was the % of labour that was employed in the manufacturing and service sector in pre-
independent India?
Answer: 10% of the workforce was engaged in manufacturing and 18 % was engaged in the service
sector.
Question 16
What is GDP?
Answer: Gross domestic product (GDP) is the monetary value of all the finished commodities and
services manufactured within a nation’s frontiers in a particular time period. Though GDP is normally
measured on an annual basis, it can be computed on a quarterly basis as well.
Stay tuned to BYJU’S for more CBSE Class 11 Economics Important Questions, question papers,
sample papers, syllabus and Commerce notifications.
Question 1
When was the 1st census data compiled during the British Raj?

 1882
 1881
 1981
 1985
Answer: 1881
Question 2
What was the life expectancy during British India and what is it today?
Answer: As per the government issued data, life expectancy during British India was 32 years and
today it is 68 years.
Question 3
Mention 1 significance of Suez canal.
Answer: The Suez Canal was opened in the year 1869, which drastically reduced the cost of
transportation of the goods between Britain and India.

Important Topics in Economics:

 Consumer Protection Act

 What is Demand?

Question 4
When were the Railways introduced in India?

 1830
  1860
 1853
 1900
Answer: 1853
Question 5
What was IMR (Infant Mortality Rate) during British India?
Answer: It was 218 per 1000
Question 6
What is Muslin?
Answer: Muslin is considered as one of the best fabrics that are available today. It is the softest and
purest fabric across the globe. It was originated years ago, and this fabric got the name from a
British Indian Port known as Maisolos.
Question 7
In which year were the Iron and Steel industries began?

 19th Century
 17th Century
 20th Century
 14th Century
Answer: 20th Century
Question 8
Which industries were adversely affected during the partition of India?
Answer: The Textile and Jute industries
Question 9
What is the export surplus?
Answer: The total amount of goods and services that a nation exports that is in excess of the
commodities and services its imports is known as export services.
Question 10
When did the commercialisation of agriculture begin in India?
Answer: The commercialisation of agriculture begin in India during the British Rule.
Question 11
What are the changes that agriculture has brought in India?
Answer : The notion of railways was raised in the early 1830s. They had initiated to link the 3 ports
of Madras, Bombay and Kolkata by a railway line. It has certainly helped India in cracking both the
cultural and geographical barriers and the people could travel long distances.
Question 12
Write a note on Zamindari system in India.
Answer: Zamindari system was introduced by Lord Cornwallis in India, in the year 1793 via the
Permanent Settlement Act (PSA). It was introduced in the provinces of Varanasi, Bihar, Bengal and
Orissa. The Zamindars were considered and recognised as the landlords as long as they paid the
revenue to the East India Company regularly.
British primarily adopted 3 types of land tenure systems. Namely:

 Zamindari system: On an average 19% of the total area under the British rule – Benaras,
NWFP divisions, Bihar and Bengal.
 Ryotwari system: Covered about 51% of the area under the British rule – Madras, Bombay
and Assam.
 Mahalwari system: Covered 30% under the British rule – Major parts of NWFP, central
provinces and Punjab.
Question 13
Name a few individuals who tried to estimate colonial India’s per capita income.
Answer: Some individuals like – Dadabhai Naoroji, R.C. Desai, Shirras, Findlay, V.K.R.V. Rao and
William Digby tried to estimate such figures.
Question 14
How did the export surplus lead to an economic drain of wealth during the colonial rule?
Answer: Export surplus was an instrument to perpetuate the ‘drain of wealth’ from India to Britain.
The surplus amount that was earned by India through exports was siphoned off to the colonial British
under various expenses such as ‘home charges’ or the military payments or remittances of British
residents and officials in India to Britain.
Question 15
What was the % of labour that was employed in the manufacturing and service sector in pre-
independent India?
Answer: 10% of the workforce was engaged in manufacturing and 18 % was engaged in the service
sector.
Question 16
What is GDP?
Answer: Gross domestic product (GDP) is the monetary value of all the finished commodities and
services manufactured within a nation’s frontiers in a particular time period. Though GDP is normally
measured on an annual basis, it can be computed on a quarterly basis as well.

Question 1
What type of economy is followed in India?

 Communist
 Capitalist
 Mixed
 Socialist
Answer: Mixed Economy
Question 2
What does HYVP stand for?

 High Yeilding Varieties Products

 High Yeilding Various Programme
 High Yeilding Varieties Programme
 High Yeilding Various Products
Answer: High Yeilding Varieties Programme
Question 3
What is the year of India’s 12th 5-year plan?

 1997 – 2002
 2002 – 2007
 2007 – 2012
 2012 – 2017
Answer: 2012 – 2017

Important Topics in Economics:

 Consumer Protection Act

 What is Demand?
 Circular Flow of Income
 Consumer Equilibrium
 Central Problems of an Economy

Question 4
What was the % of India’s population that was dependent on agriculture during agriculture?

 75%
 50%
 85%
 65%
Answer: 75% of India’s population was dependent on agriculture during agriculture
Question 5
The portion of agricultural produce which is sold in the market by the farmers is known as,

 Trade deficit
 Marketed surplus
 Subsidy
 Import substitution
Answer: Marketed surplus
Question 6
Who presented the 1st 5-year plan of the country?
Answer: Pandit Jawaharlal Nehru
Question 7
Define the land ceiling.
Answer: Land ceiling refers to the size (dimension) of the land that an individual or family can
possess. In India, this act was passed during the year 1961-62 and it was controlled by all the state
governments. However, the ceiling limits vary from state to state.
Question 8
Who is the father of high yielding variety seed?
Answer: The father of high yielding variety seed is considered to be Norman Borlaug.
Question 9
Define the Economy.
Answer: An economy is defined as the large set of interrelated manufacturing and consumption
pursuits that aid in ascertaining how insufficient resources are distributed.
Question 10
The planning commission was set up in which year in India?

 5th March 1951

 25th April 1951
 20th March 1951
 15th March 1950
Answer: The planning commission was set up in the year 15th March 1950.
Question 11
What were the priorities in the 11th five-year plan?
Answer: The primary focus areas in the 11th 5-year plan was – infrastructure development, health,
agriculture and education.
Question 12
Define small scale industries.
Answer: Small scale industries are those which have fixed investment in plant and machinery,
whether hold on ownership basis or lease basis or hire purchase basis not more than ₹. 1 crore.
Question 13
What were the focus points of 1st and 2nd five-year plan?
Answer: Agriculture was the focal point for the 1st five-year plan whilst Industries was the focal point
for the 2nd five-year plan.
Question 14
What was the aim of the five-year plan?
Answer: Post Indian independence in the year 1947, India had to reconstruct its economy from
scratch. The leaders in those days had to select the type of the economy that India would be and
also outline the economic planning.
The primary achievements witnessed through five-year plans are as follows:

 A great increase in the National Income and Per Capita Income

 Significant development in agriculture
 Industrial development
 Price and power parity
 Increased capital formation
Question 15
Define a socialist economy.
Answer: Socialism primarily focuses on the manufacturing sector to satisfy human needs. This is
unlike capitalism where the primary focus is on sale and profit.
Socialism means direct regulation and management of the social workers and industries by the
workers through a government.
Stay tuned to BYJU’S for more CBSE Class 11 Economics Important Questions, question papers,
sample papers, syllabus and Commerce notifications.
Question 1
What is the other name of the World Bank?

 Federal Bank
 ICICI Bank
 IBRD
 Bank of Ameria
Answer: IBRD
Question 2
Expand WTO.
Answer: WTO stands for World Trade Organization
Question 3
What is Privatisation?
Answer: Privatisation is the procedure of transferring an industry or enterprise from the public to the
private sector. This is known as destatization and denationalisation.
Also Read: What is the Meaning of Privatisation?
Question 4
Why in India, industrial sector growth has lowered down?

 Due to the obtainability of cheaper imports and lower investment

 Public income has increased
  Receiving good response from the exports
 Manpower has decreased in industries
Answer: Due to the obtainability of cheaper imports and lower investment
Question 5
Industrialisation in India has recorded a slowdown in the period of economic reforms. What are the
reasons for this?

 Decreasing demand for domestic industrial products

 Globalisation
 India doesn’t have access to different markets because of high non-tariff barriers
 All of the above
Answer: All of the above
Question 6
What is Globalisation?
Answer: Globalisation means, the opening of nationalistic and local outlooks to a broader
perspective of an interlinked and interdependent world with free transfer of – goods, capital and
services across the national borders.
Question 7
What are indirect taxes?
Answer: Indirect taxes are that kind of taxes that are not directly imposed on the income earn;
however, it is indirectly imposed on the expenses incurred by an individual. For instance, VAT,
service tax, entertainment tax etc., Most of the taxes are merged and called GST.
Question 8
What do economic reforms mean?
Answer: Economic reforms implies to those actions which are adapted for production effectiveness,
competitive markets and makes sure that rapid growth of the economy.
Question 9
What is the benefit that the domestic industries get by reducing the tariff?
Answer: Imports has become cheaper and there is an increase in profit margin on the exports for
domestic industries are the primary benefits.
Question 10
What are the Navratnas Companies of India?
Answer: During 1997, the Government of India gave the status of Navratna to 9 Public Sector
Enterprises (PSEs). Hence, giving them greater autonomy to compete in the market by assisting
them in their path to become global tycoons. Currently, in India, there are 17 companies with the title
of Navratnas – HAL, BHEL, MTNL, NTPC, Oil India etc., This scheme was introduced by the
government to identify Central public sector enterprises (CPSEs) that had a few merits.
Question 11
What is India’s Export-Import policy?
Answer: The foreign trade policy is outlined and announced by the Central Government (Ministry of
Commerce). Foreign Trade Policy or EXIM (Export-Import) policy is a set of regulations, guidelines
and instructions established by the DGFT (Directorate General of Foreign Trade) in the matters
associated with the EXIM goods in India.
Export and import play an important role in the economic development of all the developing and
developed nations. Along with the enhancement of international organisations like – UNCTAD,
WTO, ASEAN etc.,
Question 12
What is outsourcing? How is India benefitted?
Answer: India continues to be the major destination for outsourcing because it has been able to
develop with the changing needs. National Association of Software and Services Companies
(NASSCOM), which is the primary body of India’s foremost IT software and services (IT and BPO)
companies, once reported that India’s share in the Global Outsourcing market increased from 51%
to 55%. India stands out at its best for customer service and effectiveness.
Must Read: What is Liberalisation?
Stay tuned to BYJU’S for more CBSE Class 11 Economics Important Questions, question papers,
sample papers, syllabus and Commerce notifications.

What is Poverty?
Answer: Poverty is explained as an inability to fulfilling the meagre necessities like – house, food,
clothing, health facilities and health etc., Extreme poverty refers to the complete lack of the means of
needs to be met, basic food, shelter and clothing.
Also Check: Who are the Poor?
Question 2
Those who regularly move in and out of poverty like small farmers are known as,

 Chronic poor
 Churning poor
 Occasionally poor
 Major poor
Answer: Churning poor
Question 3
Who is known as Chronic poor?
Answer: People who are usually poor and always poor are primarily known as Chronic poor.
Question 4
UWSP and USEP are the 2 components of which yojana?

 Valmiki Ambedkar Awas Yojana

 Indira Awas Yojana
 Antodaya Ann Yojana
  Swarna Jayanti Shahri Rozgar Yojana
Answer: Swarna Jayanti Shahri Rozgar Yojana

Important Topics in Economics:

 Consumer Protection Act

 What is Demand?
 Circular Flow of Income
 Consumer Equilibrium
 Central Problems of an Economy

Question 5
5 states account for 70% of India’s poor which of the following are not one of them,

 Bihar
 Andhra Pradesh
 Uttar Pradesh
 Kerala
Answer: Kerala
Question 6
Valmiki Ambedkar Awas Yojana was launched in the year,

 2001
 1999
 2005
 2011
Answer: 2001
Question 7
By which year the government was aiming to meet the Millennium Development Goals including the
rate of global poverty?

 2017
 2013
 2015
 2009
Answer: 2015
Question 8
What is ‘Food for Work’ programme?
Answer: The National food for work programme was launched in February 2001. The primary aim of
this programme to increase food security via wage employment in the drought devastated rural
areas in 8 states.
Question 9
Under the food for work programme, the wages to the workers can be paid in,

 In the form of food

 In the form of cash
 Neither cash nor food
 Partly in cash and partly in food
Answer: In the form of food
Question 10
What is relative poverty?
Answer: Relative poverty is defined as the poverty of people when we compare it with other people
who belong to different regions or nations.
Question 11
Explain the causes of poverty.
Answer: Poverty is explained as an inability to fulfilling the meagre necessities like – house, food,
clothing, health facilities and health etc., Extreme poverty refers to the complete lack of the means of
needs to be met, basic food, shelter and clothing.
However, there are many causes of poverty like –

 Increasing population
 Increasing prices
 Shortage of capital
 Various social, political and economic factors
 Regional poverty
 Provision for meagre necessities of the poor etc.,
Question 12
Explain Self-employment.
Answer: Being self-employed is a circumstance in which an individual works for himself instead of
working for or under an employer that pays as a wage or a salary. The chief cause of
underemployment and unemployment prevailing in the developing nations namely, India. There are
several types of self-employment business like – the partnership, limited ability, companies, sole
proprietorship etc.,
Question 13
Define Poverty Line.
Answer: Poverty line is defined as that particular line that expresses per capita average monthly
expenditure incurred by a few people to satisfy their minimum needs or requirements.
Question 14
________ is a cut-off point on the line of distribution which divides the population into the poor and
non-poor.
  Poverty cut-off
 Poverty
 Poverty line
 Poverty distribution
Answer: Poverty line
Question 15
The planning commission has defined the poverty line on the basis of the recommended nutritional
necessity of ______ calories per person per day for urban areas.

 3000
 2500
 3100
 2100
Answer: 2100
Stay tuned to BYJU’S for more CBSE Class 11 Economics Important Questions, question papers,
sample papers, syllabus and Commerce notifications.

CBSE Class 11 Economics Chapter- 5 Important Questions

Question 1
What does AICTE stand for?

 All India Council for Technology Education

 All India Council for Technical Education
 All India Commission for Technology Education
 All India Commission for Technical Education
Answer: All India Commission for Technical Education
Question 2
Human capital is called an investment that brings,

 Qualitative improvement in labour

 Quantitative improvement in labour
 Both
 None
Answer: Qualitative improvement in labour
Question 3
Literate refers to,

 All urban people

 All educated people
  Ability to read and write
 None of these
Answer: Ability to read and write

Important Topics in Economics:

 Consumer Protection Act

 What is Demand?
 Circular Flow of Income
 Consumer Equilibrium
 Central Problems of an Economy

Question 4
People of which age group are treated as a productive labour force,

 0–6
 15 – 30
 20 – 35
 60 – 80
Answer: 15 – 30
Question 5
A person becomes a human resource when he or she,

 Is willing to work
 Is able to work
 Belong to a particular age group
 All the above
Answer: All the above
Question 6
What is the Indian literacy rate?
Answer:74.04%
Question 7
Which of the below-mentioned institution guides higher education?

 NCERT
 IGNOU
 UGC
 None of the above
Answer: UGC
Question 8
What is the full form of OJT?
Answer: OJT stands for – On the Job Training.
Question 9
Stocks and shares of the companies are known as,

 Financial capital
 Physical capital
 Human capital
 None
Answer: Financial capital
Question 10
What is the name of the movement started by the national literacy mission?
Answer: The movement started by the national literacy mission is ‘Education for all’.
Question 11:-
What is human capital formation?
Answer: Human capital formation is the procedure of transforming the people in a nation into the
workers who are capable of producing commodities and services.
Question 12:-
______ and ______ are the twin pillars on which rests the edifice of the social sector reforms.

 Education and infrastructure

 Education and health
 Education and poverty
 Education and employment
Answer: Education and health
Question 13
What is financial capital?
Answer: Financial capital is an economic resource that is measured in terms of money which are
primarily utilised by the businesses and entrepreneurs to purchase what they need to make their
products or to furnish their services to the economy.
Question 14
Below-mentioned are the name of the states, among these which state has the least literacy rate,

 Mizoram
 Kerala
 Bihar
 None of these
Answer: Bihar
Question 15:-
Below-mentioned are the name of the states, among these which state has the highest literacy rate,

 Mizoram
 Kerala
 Bihar
 None of these
Answer: Kerala

CBSE Class 11 Economic Chapter-6 Important Questions

QUESTION 1
In brief, explain rural development.
Answer: Rural development refers to the implementation of the plan for the social and economic
upliftment of rural areas.
QUESTION 2
What does the Micro Credit programme mean?
1) Credit provision made by small farmers
2) Credit provision made by self-help group to its members
3) Credit provision made by large farmers
4) None of the above
Answer. 2) Credit provision made by self-help group to its members.
QUESTION 3
What is NABARD full form?
1) National Bank of Agriculture and Rural Development
2) Native Bank of Agriculture and Rural Development
3) Native Bank of Agriculture and Real Development
4) National Bank of Agriculture and Real Development
Answer. 1) National Bank of Agriculture and Rural Development.

Important Topics in Economics:

 Consumer Protection Act

 What is Demand?
 Circular Flow of Income
 Consumer Equilibrium
  Central Problems of an Economy

QUESTION 4
Non-institutional sources of agriculture credit are?
1) Commercial Bak
2) NABARD
3) Regional Bank
4) Traders
Answer. 4) Traders.
QUESTION 5
Why short term loan is required by rural population?
1) For buying cattle
2) For buying tractors
3) For meeting consumption expenditure
4) For paying old debt
Answer. 3) For meeting consumption expenditure.
QUESTION 6
Which of the following is false regarding SHG’s
1) Small and informal association for a poor person
2) Provide rural credit by mobilizing their own resources
3) Introduced in 1982
4) Improve rural poor access to a formal credit system
Answer. 3) Introduced in 1982.
QUESTION 7
Below mentioned are the major producers of the marine product except
1) Gujarat
2) Punjab
3) Maharashtra
4) Kerala
Answer. 2) Punjab.
QUESTION 8
Write two instruments to safeguard the interest of farmers by the government.
Answer: The two instructions are a fixation of minimum support price (MSP) and Buffer stock.
QUESTION 9
Rural population require long-term loans because
1) For buying Fertilizers
2) Buying agricultural machinery
3) Buy seeds
4) To make minor improvements on land
Answer: 2) Buying agricultural machinery
QUESTION 10
What is a microcredit programme?
Answer: Microcredit programmes refer to the credit provision made by the self-help groups to its
members and the person involved in it id=s know as microcredit programme.
QUESTION 11
What is agriculture marketing?
Answer: Agriculture marketing is one of the marketing methods were the agriculture products are
distributed with the help of wholesaler or retailer so that it reaches to the end-users.
QUESTION 12
What is horticulture?
Answer: Horticulture is a section of crop agriculture the incorporates forestry and agronomy. In a
traditional way, horticulture markets garden crops like nuts, vegetables, fruits, spices and herbs,
ornamental plants, and beverage crops, etc.
QUESTION 13
How does horticulture work?
Answer: Horticulturist performs research in plant propagation, crop production, plant breeding,
genetic engineering, plant biochemistry, and plant physiology, etc to improve the way we use plants,
for food and other human desires, as well restoring the environment and personal aesthetics.
QUESTION 14
Explain TANWA.
Answer: The word TANWA mean Tamil Nadu Women in Agriculture. This project was initiated with
the aim of encouraging and giving training to the Tamil Nadu women in the latest agriculture
technique. It involved women to actively participate in agricultural activities and raise the family
income. The women with their savings would later promote small household activities like doll
making, soap manufacturing, mushroom cultivation or any other income generating activities.
QUESTION 15
Define the adoption of a village.
Answer: The adoption of a village is also known as Sansad Adarsh Gram Yojana (SAGY). It is a
development programme focusing on the social and cultural development of the rural people.
CBSE Class 11 Economic Chapter-7 Important Questions
QUESTION 1
In a rural area, what is the female worker’s participation rate?
1) Lower in a rural area
2) Higher in rural areas
3) Higher in urban areas
4) Lower in both the areas
Answer: 2) Higher in rural areas
QUESTION 2
Who is a worker?
Answer: A worker is an individual who works or does some productive work to earn a living
QUESTION 3
The job security that a worker enjoys is in which sector?
1) Unorganized Sector
2) Agriculture Sector
3) Organized Sector
4) Private Sector
Answer: 3) Organized Sector

Important Topics in Economics:

 Consumer Protection Act

 What is Demand?
 Circular Flow of Income
 Consumer Equilibrium
 Central Problems of an Economy

QUESTION 4
In a tertiary sector which of the following economic activity does not exist?
1) Bee-keeping
2) Teaching
3) Banking
4) Working in the Call Center
Answer: 1) Bee-keeping
QUESTION 4
In rural area unemployment is
1) Disguised Unemployment
2) Industrial Unemployment
3) Seasonal Unemployment
4) 1 & 3
5) 1 & 2
Answer: 4) 1 & 3
QUESTION 5
What is participation ration?
Answer: Participation ratio refers to the total percentage of the total population who is truly engaging
in a fruitful activity. It is also known as workers population ration.
QUESTION 6
What are the three sources that collect data on unemployment?
Answer: 1) Census reports of India
2) National sampler survey organization reports of employment and unemployment situations
3) Directorate general of employment and training date of registration with employment exchange.
QUESTION 7
Inflation means.
1) Rise in prices of only selected items
2) The continuous rise in the general price level
3) Rise in a general price level
4) A continuous rise in the general price level over a long period
Answer: 4) Continous rise in the general price level
QUESTION 8
A long run solution of inflation lies in
1) Controlling Demand
2) Enhancing Supply
3) Both
4) None
Answer: 2) Enhancing Supply
QUESTION 9
When does underemployment occur?
1) When people do not want to work
2) When people are not skilled
3) When people are not paid for their work
4) When people are working less than they are capable of
Answer: When people are working less than they are capable of
QUESTION 10
What type of environment is urban area suffer from?
1) Open Unemployment
2) Disguised Unemployment
3) Seasonal Unemployment
4) None
Answer: 1) Open Unemployment
QUESTION 11
An establishment with four hired workers is known as which sector establishment.
1) Informal
2) Formal
3) Both
4) None
Answer: 1) Informal sector
QUESTION 12
Which of the following is false regarding disguised unemployment
1) The mounting pressure of population in rural areas with no alternative employment
2) The marginal productivity of a worker is high
3) A feature of the agrarian economy
4) None
Answer: 2) The marginal productivity of a worker is high
QUESTION 13
What is formal sector employment?
Answer: A formal sector employment comprises of the job having normal working hours and regular
wages and certified as income sources on which income taxes should be paid. In other words, the
formal sector refers to the licensed organization that are registered and pay GST. A formal job letter
is sent to the selected candidate by an employer.
QUESTION 14
Briefly define casual wage labourer.
Answer: Casual wage labour also as part-time labor or irregular employment whose employment
has a series of short term jobs. In the 19th and early 20th centuries, a casual labourer was the dock
worker. Usually, the casual workers are hired for an hour or a day to complete a specific task, mostly
to meet the unpredictable demand for work. Casual workers are unskilled workers.
QUESTION 15
What a regular salaried employee in urban areas?
Answer: Regular salaried employee is skilled people and mostly available in urban areas. These
skills are obtained through the process of training and education, which is difficult for rural people to
access because of financial issues, infrastructure, and low literacy level.

CBSE Class 11 Economic Chapter-8 Important Questions

QUESTION 1
National Rural Health Mission was launched in which year?
1) 2006
2) 2005
3) 2000
4) 2009
Answer: The National Rural Health Mission was launched in the year 2005
Also Read: Types of Infrastructure
QUESTION 2
On health infrastructure what is the percentage of GDP that India invest?
Answer: India invests nearly 5 percent of GDP on health infrastructure
QUESTION 3
Which states in India are straggling in the health care system?
Answer: The major states straggling in the health care system are Bihar, Madhya Pradesh,
Rajasthan, and Uttar Pradesh.

Important Topics in Economics:

 Consumer Protection Act

 What is Demand?
 Circular Flow of Income
 Consumer Equilibrium
 Central Problems of an Economy

QUESTION 4
What percentage of tap water is available in the rural household and how much population drink
open source water.
1) 24,76
2) 60,40
3) 40,60
4) 70,30
Answer: In the present, the percentage for both is 24,76.
QUESTION 5
In India, the total energy consumption of commercial energy is 65 percent. Which source has the
largest share of consumption?
1) Coal
2) Natural Gas
3) Oil
4) Hydro-Energy
Answer: Coal has the largest share of consumption
QUESTION 6
The conventional source of energy are
1) Non- Commercial
2) Commercial Source
3) Both
4) None
Answer: 3) Both
QUESTION 7
Name the secondary source of energy?
1) Nuclear Energy
2) Electricity
3) Hydrocarbon
4) Oil
Answer: Oil is the secondary source of energy.
QUESTION 8
The word ‘Health’ means
1) Ability to realize one’s potential
2) Absence of disease
3) Both
4) None
Answer: 3) Both
QUESTION 9
One community health worker for every village at the norm of 1000 population is provided under
which plan?
1) National Health Programme
2) IDPS
3) HRHM
4) JSY
Answer: 4) JSY. Which means Janani Suraksha Yojna
QUESTION 10
In rural India which type of fuel is used?
Answer: Biofuels such as crop residues, cow dung, and fuelwood are still used by the rural India t
meet the energy requirement.
QUESTION 11
Name the basic sources of generating power.
Answer: Oil, Coal, and Water are the basic sources of generating power
QUESTION 12
In 20014 which project was launched?
1) JSY
2) NRHM
3) IDPs
4) None of the above
Answer: 3) IDPs (Internally Displaced Persons)
QUESTION 12
In a rural area, what is the female worker’s participation rate?
1) Lower in a rural area
2) Higher in rural areas
3) Higher in urban areas
4) Lower in both the areas
Answer: 2) Higher in rural areas
QUESTION 14
What is Morbidity?
Answer: Morbidity refers to withdrawal from a state of psychology or physical well-being, following
disease, injury, illness, especially where the affected individual is aware of his/her health condition.
According to the (WHO), World Health Organization morbidity can be measured in terms of the
number of individuals who were ill, type of illness experienced, and the duration.
QUESTION 15
Explain the six systems of Indian medicine?
Answer: System medicine looks after the system of the human body as a part of incorporation
biochemical, environment interaction, and physiology. The Ministry of Ayurveda, Yoga, Naturopathy,
Unani, Siddha, and Homeopathy (AYUSH)under Government of India looks after the developing,
education, and research in Ayurveda, Yoga, Naturopathy, Unani, Siddha, and Homoeopathy, Sowa
Rogpa (Traditional Tibetian Medicine) and other medical systems.
The six systems of Indian medicine AYUSH are explained below.
1) Ayurveda- The Ayurveda goal is to keep the body functional and structural in a functional state of
equilibrium, which marks good health.
2) Sidha- This system is not only focused on medicine and it’s treatment but also takes into account
the patient’s environment, age, physical condition, habit, etc. Sidha treatment is a popular treatment
in Tamil speaking areas of India.
3) Unani- The system of medicine is based on practice and knowledge focused on positive health
and prevention of diseases.
4) Homeopathy-This medicine system is a special course of treatment for curing diseases by
administration of potency drug.
5) Yoga- It is a way of dealing life that has a potential for development of personal behavior, social,
improvement of physical health by stimulating better circulation of oxygenated blood in the body,
restaining sense organ, and serenity of mind.
6) Naturopathy-It is a drugless treatment. It is based on the ancient treatment of diseases like
following simple laws of nature.

CBSE Class 11 Economic Chapter-9 Important Questions

QUESTION 1
What is the factor that contributes to global warming?
1) Deforestation
2) A decrease in cattle production
3) Burning of petroleum and coal products
4) Hydrogen gas released in animal waste
Answer: 3) Burning of petroleum and coal products
Also Check: What is Sustainable Development?
QUESTION 2
Does ozone depletion refer to the phenomenon of reduction in the amount of ozone in the?
1) Exosphere
2) Stratosphere
3) Troposphere
4) Mesosphere
Answer: 2) Stratosphere
QUESTION 3
What is the environment?
Answer: Environment is described as the total surroundings of a living organism, natural forces, and
totality of all resources.

Important Topics in Economics:

 Consumer Protection Act

 What is Demand?
 Circular Flow of Income
 Consumer Equilibrium
 Central Problems of an Economy

QUESTION 4
Define Renewable resources?
Answer: Renewable resources refers to that type of resources that can be utilized without being
exhausted. Such as trees, fishes, etc.
QUESTION 5
Define Non-renewable resources?
Answer: Renewable resources are those resources which get exhausted with extraction. Such as
coal, fuel, etc.
QUESTION 6
The problem of ozone depletion is caused by stratosphere by high levels of compounds.
1) Chlorine and Bromine
2) Chlorine and Carbon
3) Silicon and Bromine
4) Silicon and Hydrogen
Answer: 1) Chlorine and Bromine
QUESTION 7
What is the full form of CFG?
1) Chlorofluorocarbons
2) Hydrofluorocarbons
3) Ultra Fluorocarbons
4) Photo Fluorocarbons
Answer: 1) Chlorofluorocarbons
QUESTION 8
Why some of the resources have extinct?
Answer: Some of the resources have extinct because their extraction has gone above the rate of
generation.
QUESTION 9
What is Global Warming?
Answer: Global warming is an increase in the average temperature of the earth’s lower atmosphere
and ocean.
QUESTION 10
What is the example of overuse of environmental resources of?
1) Land Degradation & Deforestation
2) Land Up gradation & Reforestation
3) None
4) Both
Answer:1) Land Degradation & Deforestation
QUESTION 11
The Deccan Plateau black sol is particularly suitable for the cultivation of?
1) Jute
2) Maize
3) Textile
4) Cotton
Answer: 4) Cotton
QUESTION 12
The Chipkoo Movement, for protection of the forest, was in which part of India?
1) Kerala
2) Himalaya
3) Karnataka
4) Maharashtra
Answer: 2) Himalaya
QUESTION 13
Name the factor responsible for land degradation
1) Shifting Cultivation
2) A gain of vegetation occurring due to deforestation
3) Improper crop rotation
4) Unsustainable fuelwood and fodder extraction
Answer: 2) A gain of vegetation occurring due to deforestation
QUESTION 14
Give two examples of resources overuse.
Answer: The two examples of resources overuse are.

 Excessive of tree demolishing

Excessive exploitation of fossil fuel
QUESTION 15
Give two examples of misuse of resources.
Answer: The two examples of misuse of resources are.

 Use of river to absorb industrial effluents

 Use of wood as household fuel

CBSE Class 11 Economic Chapter-10 Important Questions

QUESTION 1
Which one of the following is not true for China?
1) Sex ratio is biased and low
2) The density of population is low
3) The population is very small
4) The fertility rate is low
Answer: 3) The population is very small
QUESTION 2
What is the infant mortality rate as per thousand in China compared with per thousand in India?
1) 30,60
2) 30,35
3) 35,65
4) 24,45
Answer: 2) 30,35
QUESTION 3
The production process engaged in transforming one good to another is known as.
1) Primary Sector
2) Secondary Sector
3) Tertiary Sector
4) None
Answer: 2) Secondary Sector

Important Topics in Economics:

 Consumer Protection Act

 What is Demand?
 Circular Flow of Income
 Consumer Equilibrium
 Central Problems of an Economy

QUESTION 4
The highest fertility rate is in
1) India
2) Pakistan
3) China
4) None
Answer: 2) Pakistan
QUESTION 5
What is the percentage of the workforce engaged in agriculture in China?
1) 55
2) 54
3) 60
4) 53
Answer: 2) 54 % workforce is engaged in agriculture in China
QUESTION 6
Which economic system does China follow?
Answer: China follows the socialist market economy.
QUESTION 7
Per capita is higher in
1) India
2) Pakistan
3) China
4) None
Answer: 1) India has the highest per capita income
QUESTION 8
Gini index is associated with
1) Income Inequality
2) Infant mortality rate
3) Health
4) Education
Answer: 1) Income Inequality
QUESTION 9
The common price level is used by meaningful comparison because
1) Domestic price in different countries
2) 100 GDP of one country is not as same as 100 GDP of other countries
3) Both
4) None of the above
Answer: 3) Both
QUESTION 10
Full form of UNDP
1) United Nation Development Policy
2) United Nation Development Programme
3) Union Nation Development Programme
4) None of the above
Answer: 2) United Nation Development Programme
QUESTION 11
UNDP prepares quality life index for how many countries
1) 186
2) 187
3) 188
4) 185
Answer: 2) 187
QUESTION 12
The service sector is in which sector?
1) Primary Sector
2) Secondary Sector
3) Tertiary Sector
4) None
Answer: 3) Tertiary Sector
QUESTION 13
Between India, China, and Pakistan which country has the highest life expectancy at birth
Answer: China has the highest life expectancy at birth
QUESTION 14
Define the Infant mortality rate.
Answer: Infant mortality rate (IMR) refers to the number of deaths per 1,000 live births of an infant
under one year of age. The mortality rate is calculated by the number of infant deaths under one
year of age, divided by the number of live births during the year, multiplied by 1,000 for a given area.
QUESTION 15
Write a few lines on the comparative development experiences of India and its neighbouring
countries.
Answer: Few lines on the comparative development experiences of India and its neighbouring
countries are.

 India and Pakistan started its development process almost at the same time in the year
1947. Whereas, the Republic of China was established in the year 1949.
 India launched its five-year plan in 1951-1956, while Pakistan started its plan in 1956 and
China started in the year 1953.
 India and Pakistan follow the same strategy as generating a large public sector and rising
public expenditure on social development.
 All three counties have the same growth rates and per capita income until the year 1980.
 In all the three countries economic reform started from India 1991, China 1978, and Pakistan
1988.