For the first time SSC examination will be held in Computer Based pattern and managing time will be one of the important factor while solving the questions. So in order to make students familiar with such a situations we are providing questions in a time based manner , which will help students to manage the time properly.
1.The term ‘mixed economy’ denoted :
existence of both rural and urban sectors
existence of both private and public sectors
existence of both heavy and small industries
existence of both developed and under developed sectors
2.In an economy, the sectors are classified into public and private on the basis of :
employment condition
nature of economic activities
ownership of enterprises
use of raw materials
3.The ‘Dual Economy’ is a mixture of :
traditional agriculture sector and modern industrial sector
industrial sector and manufacturing sector
state ownership of the means of production in corporation of foreign organisation
industrial sector and trading of goods obtained through imports
4.Which sector of Indian Economy has shown remarkable expansion during the last decade ?
Primary Sector
Secondary Sector
Tertiary Sector
Mining Sector
5.When development in economy takes place, the share of tertiary sector in National Income :
first falls and the rises
first rises and then falls
keeps on increasing
remains constant
6.It will be true to classify India as :
A food-deficit economy
A labour-surplus economy
A trade-surplus economy
A capital-surplus economy
7.Mixed economy means :
Where agriculture and industry are given equal importance
Where public sector exists alongwith the private sector in national economy
Where globalization is transferred with heavy dose of Swadeshi in national economy
Where the Centre and the States are equal partners in economic planning and development
8.The Indian Economy is characterizedby :
1.Pre-dominance of Agriculture
2.Pre-dominance of Industry
3.Low Per Capita Income
4.Massive Unemployment Select your answer from the code given below :
Codes :
1 and 2 only
1, 2 and 3 only
2, 3 and 4 only
1, 3 and 4 only
9.In India, planned economy is based on :
Gandhian System
Socialist System
Capitalist System
Mixed Economy System
10.Economic liberalisation in India started with :
substantial changes in industrial licensing policy
the convertibility of Indian rupee
doing away with procedural formalities for foreign direct investment
significant reduction in tax rates
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