Trust our Class 9 Social Science MCQ Questions with Answers for thorough exam prep aligned with the latest pattern.
30 MCQ Questions for Class 9 Economics: Chapter 2 People as Resource
Question 1. What is the main focus of the chapter ‘People as Resource’?
a) Population control strategies
b) Economic value of human resource
c) Health and nutrition
d) Technological advancements
Answer:
b) Economic value of human resource
Question 2. What does the term ‘human capital’ refer to?
a) Financial assets of a country
b) Physical capabilities of people
c) Stock of skill and productive knowledge in people
d) Natural resources available to the population
Answer:
c) Stock of skill and productive knowledge in people
Question 3. How does investment in human capital yield returns?
a) Through enhanced physical strength
b) By increasing the natural resources
c) Through higher incomes due to higher productivity
d) By reducing the population growth
Answer:
c) Through higher incomes due to higher productivity
Question 4. Which revolution in India is cited as an example of the importance of human capital?
a) Industrial Revolution
b) Green Revolution
c) White Revolution
d) Digital Revolution
Answer:
b) Green Revolution
Question 5. What is the role of education in human capital formation?
a) It has no significant role
b) Only provides basic literacy
c) Enhances skills and knowledge for economic contribution
d) Focuses on physical training
Answer:
c) Enhances skills and knowledge for economic contribution
Question 6. What does the story of Sakal in the PDF illustrate?
a) Consequences of poor health
b) Importance of physical labor
c) Benefits of education and skill development
d) Challenges in rural agriculture
Answer:
c) Benefits of education and skill development
Question 7. In the context of the PDF, what is ‘disguised unemployment’?
a) Unemployment due to lack of jobs
b) Unemployment in the organized sector
c) Employment in low-skill jobs
d) Employment where extra workers don’t contribute to output
Answer:
d) Employment where extra workers don’t contribute to output
Question 8. What is the primary sector as described in the document?
a) Technology and IT services
b) Agriculture, forestry, fishing
c) Banking and finance
d) Manufacturing and construction
Answer:
b) Agriculture, forestry, fishing
Question 9. What is a significant issue among urban unemployed, as mentioned in the PDF?
a) Seasonal unemployment
b) High levels of education but no jobs
c) Lack of physical labor opportunities
d) Overcrowding in industries
Answer:
b) High levels of education but no jobs
Question 10. How does the PDF describe the impact of unemployment on the economy?
a) It has no significant impact
b) Leads to technological advancements
c) Causes a waste of manpower resources
d) Improves the quality of life
Answer:
c) Causes a waste of manpower resources
Question 11. What is the primary focus of the ‘Sectors of the Indian Economy’ chapter?
a) Understanding GDP distribution
b) Analyzing agricultural advancements
c) Discussing foreign investments
d) Exploring technological impacts
Answer:
a) Understanding GDP distribution
Question 12. How is GDP at market price calculated?
a) By adding subsidies to GDP at factor cost
b) By subtracting taxes from GDP at factor cost
c) By adding taxes and subtracting subsidies from GDP at factor cost
d) By subtracting subsidies from GDP at factor cost
Answer:
c) By adding taxes and subtracting subsidies from GDP at factor cost
Question 13. What is a key feature of the organized sector?
a) Informal hiring practices
b) No job security
c) Government regulations and job security
d) Flexible work hours
Answer:
c) Government regulations and job security
Question 14. What does ‘underemployment’ refer to?
a) Working fewer hours than desired
b) Being overqualified for a job
c) Lack of job security
d) Working in an unorganized sector
Answer:
a) Working fewer hours than desired
Question 15. Which sector is the largest employer in India?
a) Primary sector
b) Secondary sector
c) Tertiary sector
d) Quaternary sector
Answer:
a) Primary sector
Question 16. What factor contributes to disguised unemployment in agriculture?
a) Excessive use of machinery
b) Lack of alternative employment options
c) High wages
d) Industrialization
Answer:
b) Lack of alternative employment options
Question 17. What does the Gross Domestic Product (GDP) indicate?
a) Total exports of a country
b) Total income of the government
c) Total value of all final goods and services produced within a country
d) Total population of a country
Answer:
c) Total value of all final goods and services produced within a country
Question 18. What is the significance of the tertiary sector in the Indian economy?
a) It’s the leading sector in terms of employment
b) It contributes the most to the country’s GDP
c) It’s mainly focused on exports
d) It’s the primary sector for foreign investments
Answer:
b) It contributes the most to the country’s GDP
Question 19. What is the main challenge faced by the secondary sector in India?
a) High levels of automation
b) Underutilization of resources
c) Low levels of technological development
d) Excessive governmental control
Answer:
c) Low levels of technological development
Question 20. What role does the government play in the public sector?
a) Limited intervention
b) No role
c) Partial ownership
d) Complete ownership and control
Answer:
d) Complete ownership and control
10 True and False Questions
Question 21. The tertiary sector is the largest employer in India.
True / False
Answer:
False
Question 22. GDP at market price includes subsidies and excludes taxes.
True / False
Answer:
False
Question 23. In the organized sector, employees have job security and government regulations.
True / False
Answer:
True
Question 24. Disguised unemployment refers to people being overqualified for their jobs.
True / False
Answer:
False
Question 25. The primary sector is the largest contributor to India’s GDP.
True / False
Answer:
False
Question 26. Lack of alternative employment options is a factor contributing to disguised unemployment.
True / False
Answer:
True
Question 27. The GDP measures the total exports of a country.
True / False
Answer:
False
Question 28. The tertiary sector is the leading contributor to India’s GDP.
True / False
Answer:
True
Question 29. Technological development is a major challenge for India’s secondary sector.
True / False
Answer:
True
Question 30. The government has complete ownership and control in the private sector.
True / False
Answer:
False
Match the Following Question
Question
| Column A | Column B |
|---|---|
| (i) Education’s role in the economy | (a) Decreased dependency on agriculture |
| (ii) Health’s impact on productivity | (b) Skilled workforce |
| (iii) Primary sector | (c) Improved living standards |
| (iv) Shift from primary to secondary/tertiary sectors | (d) Agriculture, fishing, forestry |
| (v) Impact of human capital formation | (e) Higher economic output |
| (vi) Tertiary sector | (f) Services like banking, education |
Answer
| Column A | Column B |
|---|---|
| (i) Education’s role in the economy | (b) Skilled workforce |
| (ii) Health’s impact on productivity | (c) Improved living standards |
| (iii) Primary sector | (d) Agriculture, fishing, forestry |
| (iv) Shift from primary to secondary/tertiary sectors | (a) Decreased dependency on agriculture |
| (v) Impact of human capital formation | (e) Higher economic output |
| (vi) Tertiary sector | (f) Services like banking, education |
