Cantonment English School and College

Chittagong Cantonment
Bangladesh and Global Studies
Class:-IX –X
Chapter:- 11 (National Resource and the Economic System of Bangladesh)

1. Which asset is possessed by people and State 12. The characteristics of socialist economy are-
jointly? i. State ownership of the means of production
a. Personal b. Collective ii. Absence of price mechanism
c. National d. International iii. Income of all is equal
2. Factors of production are under personal Which one is correct?
ownership in- a. i & ii b.i & iii
a. Capitalistic economy c. ii & iii d. i, ii and iii
b. Socialistic economy 13. In which economic system economic activities
c. Mixed economy are not run only by individual effort?
d. Islamic economy i. capitalist
3. Central planning company exists in – ii. socialist
a. Capitalistic economy iii. mixed economy
b. Socialistic economy Which one is correct?
c. Mixed economy a. i & ii b. iii
d. Islamic economy c. ii & iii d. i, ii and iii
4. “Everyone will get work according to his 14. On which factor does the development of a
qualification and remuneration according to country depend?
work” is maintained in- a. National property
a. Capitalistic economy b. Mineral resource
b. Socialistic economy c. Skilled manpower
c. Mixed economy d. Nature of national resource
d. Islamic economy 15. Which process is suitable for Islamic economy?
5. Which is the main objective of production in the a. Classless society
socialist economic system? b. Large scale production
a. To materialize market economy c. Prevalence to Shariah law
b. To met the instrument of war d. Prevalence to religious law
c. Maximum welfare of the members of the 16. For a democratic country, the existence of
society different local autonomous bodies are inevitable
d. To produce more production for-
6. Which economic system is called “free market i. institutionalization of democracy
economy”? ii. engaging people in governance
a. Mixed b. Capitalistic iii. ensuring equal development of the country
c. Socialistic d. Islamic Which one is correct?
7. Production means- a. i & ii b. I & iii
a. transformation of good c. ii & iii d. i, ii and iii
b. creating goods 17. To run a pace with the present world, in our
c. creating demand country-
d. goods to satisfy one’s need i. free market economy is forming up
8. Which economic system does price mechanism ii. industries are becoming private
belong to? iii. self entrepreneurship is getting inspired
a. Mixed Economic system Which one is correct?
b. Socialistic Economic System a.i and ii b. ii and iii
c. Feudal Economic System c. i and iii d. i, ii and iii
d. Capitalistic Economic System 18. Transfer will be possible only when any good-
9. In which economic system is exploitation of i. will go from one person to another
laborer observed? ii. will have price for transaction
a. Capitalistic b. Socialistic iii. will have definite price value
c. Mixed d. Islamic Which one is correct?
10. Justified social consumption is the feature of-? a.i and ii b. ii and iii
a. Capitalistic economy c. i and iii d. i, ii and iii
b. Socialistic economy 19. In case of collective property-
c. Mixed economy i. every citizen has the same right
d. Islamic economy ii. everybody has the same duty
11. Why do people do their economic activities? iii. everybody has consumption right
a. To fulfill want b. To earn money Which one is correct?
c. To buy car d. To make home a.i and ii b. ii and iii
c. i and iii d. i, ii and iii
20. Technology is an international property- 30. Some steps in modern economy are-
i. every country can consume a. govt-private co-ownership
ii. any country can create b. govt and foreign joint ownership
iii. no special country can have any facility c. govt. and cooperative partnership
Which one is correct? d. govt and multinational partnership
a.i and ii b. ii and iii 31. Main aim of producer in Bangladesh-
c. i and iii d. i, ii and iii i. serving people
21. Unavailability means- ii. maximum profit
a. enough supply of commodity iii. as much production as can
b. supply is more than demand Which one is correct?
c. demand is more than supply a.i and ii b. ii and iii
d. capability of a commodity to fulfill want c. i and iii d. i, ii and iii
22. What percentage of GNP belongs to the Mr. Ramiz who lives in Dhaka bought some new
industrial sector? machine by Tk. 10 lacs for his garments industry. As a
a. 25.5% b. 18.96% result he had to employ more labours and his profit also
c. 17.3% d. 15.33% increases than the previous time.
23. If the distribution process is wrong and unequal 32 What is called the expenditure of Tk. 10 lacs
there arise- of Mr. Ramiz.
i. chaos and confusion in society a. Investment b. Capital
ii. development of life c. Land d. Consumption cost
iii. economic problems 33. Rahim works in a poultry farm. How will his
Which one is correct? income be considered in economics?
a.i and ii b. ii and iii a. revenue b. wages
c. i and iii d. i, ii and iii c. interest d. profit
24. In economic system there is- 34. What type of resource is technology?
i. distribution of produced goods a. national b. international
ii. production of goods c. collective d. personal
iii. consumption of goods 35. Which economic activities cannot be run only by
Which one is correct? personal effort -
a.i and ii b. ii and iii i. Socialistic economic system
c. i and iii d. i, ii and iii ii. Mixed Economic system
25. Which two are responsible for the activities of iii. Capitalistic Economy
Capitalistic Economic System? Which one below is correct?
a. material & supply a. i, ii b. i, iii
b. supply & consumption c. ii, iii d. i, ii and iii
c. demand and supply 36. In which Economic System State has the
d. capital and supply ownership of profit?
26. Mixed economy the mixture of- a. Capitalistic b. Socialistic
a. Socialism and Capitalism c. Mixed d. Islamic
b. Capitalism and Islamic economy 37. Which economic system gives priority to
c. Socialistic and Islamic government over private sectors?
d. Capitalism, Socialistic economy and Islamic a. Feudal b. Socialistic
economy c. Islamic d. Mixed
27. What is the characteristic of capitalistic and 38. Zakat is compulsory for the –
mixed economy? a. Rich persons of socialistic country
a. controlled by import-export b. Government
b. overall development c. Persons of Islamic country
c. surplus wage is added to profit d. Citizens of Bangladesh
d. proper distribution of income 39. In which economic system every individual
28. How were the landlords in British period? enjoys the full freedom of production?
a. strong professional a. Mixed economy
b. govt. controlled b. Capitalistic
c. economically solvent c. Socialistic
d. under big business d. Islamic economy system
29. Taking the ownership of Adamjee jute mill in 40. What type of resource is the railway and the
govt. ownership after the Independence is the roads?
example of – a. Collective b. National
a. Socialistic b. Capitalistic c. Personal d. International
c. Mixed d. Islamic