TEST-2 : MARCH, 2023

CLASS : FYJC
SUBJECT: ECONOMICS (49)
MAX MARKS : 20
TIME : 30 MIN.

INSTRUCTIONS:
1. All questions are compulsory.
2. Students must make a note of acknowledgement - 'THANK YOU' message received after submitting the paper.
3. Students must also create PDF of their responses by clicking on "Get or Print PDF of Answers" and save it for their
record.

STUDENT'S DETAILS

1. NAME OF THE STUDENT ( LAST NAME FIRST NAME MIDDLE NAME)

*

Thakkar Ronak Nilesh

2. STREAM *

COMMERCE

ARTS

SCIENCE
3. CLASS *

FYJC

SYJC

4. DIVISION *

5. ROLL NUMBER (In figure ex. 123) *

451

Section
OBJECTIVE TYPE QUESTIONS
6. Choose the correct options. * (1 Point)
Targets of 12th five-year plan-

a) To focus only on agricultural growth

b) To reduce head count ratio of poverty by 10%
c) To increase investment in infrastructure
d) To increase green cover by 1 million hectare.

b, c and d

a, c and d

c and d

a and d

7. Choose the correct options. * (1 Point)

The Government of India announced the New Economic Policy on –

a) 24th June 1991
b) 24th October 1991
c) 24th March 1991
d) 24th July 1991

Only b

Only c

Only d

Only a
8. Choose the correct options. * (1 Point)
Unemployment caused due to power cut for short period of time is

a) Frictional unemployment
b) Educated unemployment
c) Cyclical unemployment
d) Unemployment

Only b

Only c

Only d

Only a

9. Complete the correlation. *

Economic effect: waste of resource:: ___________: loss of human dignity

1) Social Effect
2) Historical Effect
3) Industrial Effect
4) Political Effect
(1 Point)

Social Effect

Historical Effect

Industrial Effect

Political Effect
10. Complete the correlation. * (1 Point)
Rural areas: 2400 calories per day :: Urban areas : ___________

1) 1500
2) 2100
3) 1800
4) 2250

1500

2100

1800

2250

11. Complete the correlation * (1 Point)

Deciles: 10 equal parts :: Percentiles : __________

1) 4 equal parts
2) 90 equal parts
3) Median
4) 100 equal parts

4 equal parts

90 equal parts

Median

100 equal parts

12. Give Economic term. * (1 Point)
Left over income after payment of taxes.

1) National Income
2) Indirect Taxes
3) Custom Tax
4) Personal Disposable Income

National Income

Indirect Taxes

Custom Tax

Personal Disposable Income

13. Give Economic term. *

Increase in population is faster than economic growth and development.

1) Population Explosion
2) Population Implosion
3) Population Control
4) Population
(1 Point)

Population Explosion

Population Implosion

Population Control

Population
14. Give Economic term. * (1 Point)
Payment to be paid in future date.

1) Cash on delivery
2) IMPS
3) Deferred payment
4) UPI

Cash on delivery

IMPS

Deferred payment

UPI
15. Find the odd word out.

Concept of unemployment-
Involuntary unemployment, Voluntary unemployment, Rural unemployment,
Full employment

1) Involuntary unemployment
2) Voluntary unemployment
3) Rural unemployment
4) Full employment
* (1 Point)

Involuntary unemployment

Voluntary unemployment

Rural unemployment

Full employment

16. Find the odd word out. * (1 Point)

Colours of ration card-
1) White
2) Green
3) Saffron
4) Yellow

White

Green

Saffron

Yellow
17. Find the odd word out. * (1 Point)
Navratan status-
1) SPCL
2) IOC
3) ONGC
4) HPCL

SPCL

IOC

ONGC

HPCL

18. Complete the following statements. * (1 Point)

Since 2015, planning commission was replaced by ______.

a) National Institution for Transaction in India

b) National Institution for Translating India
c) National Institution for Transforming India
d) National Institution for Transitional India

National Institution for Transaction in India

National Institution for Translating India

National Institution for Transforming India

National Institution for Transitional India

19. Complete the following statements. * (1 Point)
_______ Poverty is Universal phenomenon.

a) Relative
b) Absolute
c) Urban
d) General

Relative

Absolute

Urban

General

20. Complete the following statements.

Maharashtra is the _______ largest state in the country in terms of

geographical area.

a) Second
b) Third
c) First
d) Fourth
* (1 Point)

Second

Third

First

Fourth
21. Assertion and Reasoning questions.

Assertion (A): Money lending has been a widely prevalent profession in

villages.
Reasoning (R ): Commercial banks provide rural credit by establishing their
branches in the rural area.
* (1 Point)

(A) is true, but (R ) is false.

(A) is false, but (R) is true.

Both (A) and (R) are true and (R) is correct explanation of (A).

Both (A) and (R) are true but (R) is not correct explanation of (A).

22. Assertion and Reasoning questions.

Assertion (A): Agricultural productivity is affected by climatic changes.

Reasoning (R ): To increase agricultural activities, development of irrigation
facilities are necessary.
* (1 Point)

(A) is true, but (R ) is false.

(A) is false, but (R) is true.

Both (A) and (R) are true and (R) is correct explanation of (A).

Both (A) and (R) are true but (R) is not correct explanation of (A).
23. Assertion and Reasoning questions.

Assertion (A): India is experiencing population Explosion.

Reasoning (R) : Human resources play an important role in economic
development .
* (1 Point)

(A) is true, but (R ) is false.

(A) is false, but (R) is true.

Both (A) and (R) are true and (R) is correct explanation of (A).

Both (A) and (R) are true but (R) is not correct explanation of (A).

24. Choose the right pair.

GROUP “A” GROUP “B”

1) Kautilya a)
Samajshashtra
2) Year of Great divide b) 1925
3) National Population Policy c) 2000
4) Census d) Survival
Rate
* (1 Point)

1-a

2-b

3-c

4-d
25. Choose the right pair.

GROUP “A”
GROUP “B”

1) SEZ a) Special
Economic Zone
2) Maharashtra b) 30
Districts
3) Hotel Industry c)
Agriculture
4) Economic Infrastructure d) Education
* (1 Point)

1-a

2-b

3-c

4-d

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