Social Science(Economics)

A colorful and engaging infographic depicting various economic concepts, including Human Development Index, income distribution, and environmental sustainability, with icons representing education, health, and wealth.

Test Your Knowledge in Economics!

Welcome to our economics quiz, designed to challenge your understanding of key concepts in social science and economics. From Human Development Index to average income, this quiz covers a wide range of topics that are essential in today's world.

Whether you're a student, teacher, or simply an enthusiast, this quiz will help you gauge your knowledge and learn more about:

Economic development
Income distribution
Environmental impact of economic policies
Social factors influencing economics

21 Questions5 MinutesCreated by LearningLion42

Q1 :-Which country can be considered as a developed country in the modern world? Select your answer from the following statements.

Countries which have accumulated huge amount of wealth and always secures the future of their citizens. These countries are considered to be developed.

Countries which are among the highest in the ‘Human Development Index’ are considered to be the developed countries.

Only rich countries are considered to be developed because people have money to buy everything needed for human beings—both material and non-material.

Iran is a rich country and therefore it is a developed country.

Q2 :-Pick out the correct meaning listed below to define ‘average income’.

Average income of the country means the total income of the country.

The average income in a country is the income of only employed people.

The average income is the same as per capita income.

The average income includes the value of property held.

Q3 :-What will be the top priority in the developmental goal of a landless labourer?

Expansion of rural banking

More days of work and better wages

Metal roads for transportation

Establishment of a high school

Q4 :-Money cannot buy all the goods and services that we may need to have a good life. A list of things required for a good life is given below. Which among the following are things money cannot buy? (1) Full protection from infectious diseases (2)High quality education (3) A luxury home (4) A pollution-free atmosphere in every part of the country

(1) and +2)

(2) and +3)

(1), +2) and +3)

(1) and +4)

Q5 :-What will be the aspiration of an educated urban unemployed youth?

An educated urban unemployed youth will aspire for better opportunities in agriculture.

Support from government at every step in life for his upward movement.

An urban educated unemployed will aspire for good job opportunities where his education can be made use of.

Better facilities of recreation for his leisure time

Q6 :-HDI stands for ‘Human Development Index’ that focuses on __. Fill in the blanks with one of the following options:

Life expectancy

Gross enrollment ratio for three levels of schooling

National income

All the above

Q7 :-What would be the most promising source of energy fifty years from now and why?

Petroleum energy, because it is obtained from fossil fuels.

Solar energy, because it is not exhaustible.

Coal based energy, because it is pollution- free.

Forest product based energy, because India has abundant forests.

Q8:-Pick out the cause +from below) that enhances environmental degradation:

Planting of trees.

Prevention of factory wastes getting mixed up with river water.

Ban on use of plastic bags.

Allowing increase in the level of exhaust fumes emitted by cars, buses, trucks, etc.

Q13 :-The countries with per capita income of US $955 (2017) or less are termed as

Low income countries

Developing countries

Developed countries

Rich countries

Q14:-We can obtain per capita income of a country by calculating:

The total income of a person

By dividing the national income by the total population of a country

The total value of all goods and services

The total exports of the country.

Q15 :-Underemployment occurs when people:

Do not want to work

Are working in a lazy manner

Are working less than what they are capable of doing

Are not paid for their work

Q16 :-What is the threat of non-renewable resources

These will not produce energy in near future

These will not be available in near future

These will pollute the atmosphere

None of these

Q17 :-Development goals of different sections of our society can be achieved by:

Force

Democratic political process

Violent agitation

Terrorism

Q18:-How to calculate body mass index

Dividing weight in kg to square of height in meter

Dividing height in meter to square of weight in kg

Dividing height in meter to weight in kg

None of these

Q20 :-What do you mean by development

Getting essential things such as income, health, education

Better life by fulfilling aspirations and desires

Social equality

All of these

Social Science(Economics)

Test Your Knowledge in Economics!

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