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Class 10 NCERT Economics MCQs for UPPSC (UP) Exam

It covers all Important Questions with answers on Class 10 NCERT Economics for the UPPSC (UP) exam. The questions are based on important topics. Details about the questions:
  • Topic: Class 10 NCERT Economics
  • Type of Questions: MCQs with solutions
  • Number of Questions: 50
  • You can attempt them on EduRev to score high in UPPSC (UP) exam.

Which of the following things money cannot buy?
  • a)
    Building
  • b)
    Pollution free environment
  • c)
    Flowers
  • d)
    Books
Correct answer is option 'B'. Can you explain this answer?

Pooja Shah answered
Money cannot buy all the goods and services that a person may need to live well. Income by itself is not a completely adequate indicator of material goods and services that citizens are able to use. For example, normally, money cannot buy a pollution-free environment or ensure that a person gets unadulterated medicines, unless a person can afford to shift to a community that already has all these things. Money may also not be able to protect individual from infections, disease, unless the whole of our community takes preventive steps.

Which State in India has the lowest Infant Mortality Rate?
  • a)
    Maharashtra
  • b)
    Goa
  • c)
    Gujarat
  • d)
    Kerala
Correct answer is 'D'. Can you explain this answer?

Ankita Basak answered
Among the states, Goa and Manipur have the lowest Infant Mortality Rate (IMR) of 11, followed by Kerala with 12 deaths per 1,000 live births. Madhya Pradesh has the highest IMR of 59 per 1,000 live births followed by Uttar Pradesh and Odisha with 57 each.

Pick the odd one out:
  • a)
    Tiger
  • b)
    Cow
  • c)
    Lion
  • d)
    Wolf
Correct answer is option 'B'. Can you explain this answer?

Shubham Basu answered
The Odd One Out: Explanation

Introduction: The given options are Tiger, Cow, Lion, and Wolf. We need to identify the odd one out among these four options.

Tiger: Tiger is a wild animal that belongs to the cat family. It is known for its strength, speed, and agility. Tigers are carnivorous animals and they hunt other animals for food.

Cow: Cow is a domestic animal that is widely used for milk and meat production. It is considered as a sacred animal in India and is worshipped by Hindus.

Lion: Lion is a wild animal that belongs to the cat family. It is known for its majestic appearance and is referred to as the 'King of the Jungle'. Lions are carnivorous animals and they hunt other animals for food.

Wolf: Wolf is a wild animal that belongs to the dog family. It is known for its hunting skills and is often associated with howling at the moon. Wolves are carnivorous animals and they hunt other animals for food.

The Odd One Out: The odd one out among these four options is Cow. The reason for this is that Cow is the only domestic animal among the given options whereas the other three options are wild animals. Moreover, Cow is herbivorous and does not hunt other animals for food unlike the other three options which are carnivorous.

Conclusion: Therefore, the correct answer is option 'B' Cow, as it is the odd one out among the given options.

Sustainable Development focuses on more use of 
  • a)
    Renewable Resources
  • b)
    Abiotic Resources
  • c)
    Agricultural Resources
  • d)
    Natural Resources
Correct answer is option 'A'. Can you explain this answer?

Raghav Bansal answered
Sustainable development is a development that meets the needs of the present, without compromising the ability of future generations to meet their own needs.”

A substitute of cash and cheque is
  • a)
    credit card
  • b)
    coin
  • c)
    currency
  • d)
    demand deposite
Correct answer is option 'A'. Can you explain this answer?

Anita Menon answered
There are many substitute to cash and cheques. Credit card: Cash paid to the bank after using it in advance through credit card. Debit Cards: Prepaid card used to transfer money but to limited amount with very low fees and reliable way.

National Consumer Day is celebrated in India :
  • a)
    24 December
  • b)
    25 December
  • c)
    26 December
  • d)
    27 December
Correct answer is option 'A'. Can you explain this answer?

Krishna Iyer answered
 Every year, 24th of December is observed as National Consumer Day in India. The theme of 2019 is “Alternate consumer grievance/dispute redressal”. On this day the Consumer Protection Act, 1986 had received the assent of the President and came into effect.

ATM is an example of
  • a)
    primary sector
  • b)
    secondary sector
  • c)
    tertiary sector
  • d)
    all of these
Correct answer is option 'C'. Can you explain this answer?

Rohit Sharma answered
ATM is an example of tertiary sector which is also known as service sector. ATM is a machine whose full name is Automated Teller Machine. It was invented in 1960 by John Shepherd - Barron.

Liberalisation is..............
  • a)
    more trade
  • b)
    removing barriers or restrictions set by the government
  • c)
    checking barriers by the government
  • d)
    help by the government
Correct answer is option 'B'. Can you explain this answer?

your frnd... answered
Liberalisation is the process or means of the elimination of the control of the state over economic activities. It provides greater autonomy to the business enterprises in decision-making and eliminates government interference.

Barter system is based on
  • a)
    double coincidence of wants
  • b)
    single coincidence of wants
  • c)
    Both (a) and (b)
  • d)
    none of these
Correct answer is option 'A'. Can you explain this answer?

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Kerala has low infant Mortality Rate because:
  • a)
    it has good climate condition
  • b)
    it has adequate infrastructure
  • c)
    it has adequate provision of basic health and educational facilities
  • d)
    it has poor net attendance ratio
Correct answer is option 'C'. Can you explain this answer?

Vikram Kapoor answered
Kerala has low infant mortality rate because it mainly concentrates on human resource development. It has also made many provisions on developing the quality of education and medical facilities.

Assertion: World Bank has classified countries into rich and low income based on per capita income.
Reason: Per capita income is the only attribute to measure the level of development for a nation or a state
  • a)
    Both A and R are true and R is the correct explanation of A
  • b)
    Both A and R are true and R is the not correct explanation of A
  • c)
    A is correct but R is wrong.
  • d)
     A is wrong but R is correct
Correct answer is option 'C'. Can you explain this answer?

Pooja Shah answered
For comparing the developmental level of different countries, their income is considered to be one of the most important attributes. The countries with higher income are more developed than others with less income. For comparison between countries, we consider the per capita income of each country. In World Development Report, countries are recognised as rich country and low-income country according to their per capita Income. With more income, people Will be able to get more things they need. So, greater income itself is considered to be an important criterion for the development of a country. But other attributes are also there like High per capita income,Low incidence of poverty,High standard of living,Narrow income inequalities, Low growth rate of population, Low level of unemployment and Infrastructural capabilities are present to measure level of development.

Can you explain the answer of this question below:

Which country among the following is a developing country?

  • A:

    India

  • B:

     Japan

  • C:

     France

  • D:

     Sweden

The answer is a.

Niyati nayar answered
Introduction:
The question asks which among the given countries is a developing country.

Explanation:
Out of the given options, India is a developing country. Here's why:
- Developing countries are those which are still in the process of development and have a lower level of economic development as compared to developed countries.
- India is still developing and has a lower level of economic development as compared to developed countries like Japan, France, and Sweden.
- India has a large population, a diverse economy, and many social and economic challenges that it is still working to overcome.
- India's gross domestic product (GDP) per capita is also lower than that of developed countries, indicating a lower level of economic development.

Conclusion:
In conclusion, India is a developing country out of the given options. It is still in the process of development and has a lower level of economic development as compared to developed countries like Japan, France, and Sweden.

Rapid Integration or interconnection between countries is known as:
  • a)
    Privatisation
  • b)
    Globalisation
  • c)
    Liberalisation
  • d)
    Socialisation
Correct answer is option 'B'. Can you explain this answer?

Shreya Seth answered
Correct answer is option B that is Globalisation .
Because more and more goods and services , investments and technology are moving between countries.
there is one more way in which the countries can be connected . This is through the movement of people between countries. MNCs are playing major role in globalisation process .

Assertion : Barter system has limitation of double coincidence of wants.
Reason: Money removes the problem of double coincidence of wants.
  • a)
    Both A and R are true and R is the correct explanation of A
  • b)
    Both A and R are true but R is not the correct explanation of A
  • c)
    A is correct but R is wrong
  • d)
    A is wrong but R is correct. 
Correct answer is option 'A'. Can you explain this answer?

Aditya Shah answered
We know that in barter system there is a coincident to get a person who want a thing in exchange of what whereas the modern form of money is required by all for the simple exchange between two peoples done for the goods and money as money is required by all for getting goods what they want in exchange of money ,money plays an important role to remove that double coincidence of want such as in barter system.

Assertion: The modern currency is without any use of its own.
Reason: Money in India is printed and circulated by RBI.
  • a)
    Both A and R are true and R is the correct explanation of A .
  • b)
    Both A and R are true but R is not the correct explanation of A.
  • c)
    A is correct but R is wrong.
  • d)
    A is wrong but R is correct
Correct answer is option 'B'. Can you explain this answer?

Amit Kumar answered
The modern currency is without any use of its own because it is not made of precious metals such as gold or silver but included paper notes or coins. It is actually used as a medium of exchange in order to buy or sell something. so reason given is incorrect that Money in India is printed and circulated by RBI.

Which is not a function of PDS ?
  • a)
    Control Hoarding
  • b)
    Control Prices
  • c)
    Control over charging
  • d)
    Consumer Redressal
Correct answer is option 'D'. Can you explain this answer?

Kiran Mehta answered
The consumer redressal is the right given to the consumer to meet the consumer court regarding any wrong practises done by the producers such as adulteration which affect human health and hence it is a right given to consumers as a result it is not the function of the public distribution system(PDS).The public distribution system helps in the distribution of food grains from the Godowns to rationshops.

Money is a measure of
  • a)
    Value
  • b)
    Currency
  • c)
    Transfer
  • d)
    All of these
Correct answer is option 'A'. Can you explain this answer?

Pooja Shah answered
Money serves four basic functions: it is a unit of account, it's a store of value, it is a medium of exchange and finally, it is a standard of deferred payment.We consider money as a measure of currency. 

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