Class 10 Economics BSEH Solution for MCQ Important Question Answer for Haryana board. CCL Chapter Provide Class 1th to 12th all Subjects Solution With Notes, Question Answer, Summary and Important Questions. Class 10 mcq, summary, Important Question Answer, Textual Question Answer are available of HBSE Board.
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HBSE Class 10 Economics Important MCQ Question with Answer for Haryana Board Solution.
HBSE Class 10 Economics Important MCQ Question Answer 2023-24
Class 10 Economics Chapter 1 Development MCQ Important Question Answer 2023-24
1. Development of a country can generally be determined by : Most Important
(a) its per capita income
(b) its average literacy level
(c) health status of its people
(d) all of the above
Answer
Ans – (d) all of the above
2. Development of any country can generally be determined by:
(A) Per capita income
(B) Literacy rate
(C) Annual income
(D) None of these
Answer
Ans – (A) Per capita income
3. Which of the following neighbouring countries has better performance in terms of human development than India? Most Important
(a) Bangladesh
(b) Pakistan
(c) Nepal
(d) Sri Lanka
Answer
Ans – (d) Sri Lanka
4. In the following states, which has the lowest literacy rate?
(A) Haryana
(B) Kerala
(C) Punjab
(D) Bihar
Answer
Ans – (D) Bihar
5. Assume there are four families in a country. The average per capita income of these families are Rs. 5,000. If the income of three families are Rs. 4,000, Rs. 7,000 and Rs. 3,000 respectively. What is the income of the fourth family?
(A) Rs. 7,500
(B) Rs. 3,000
(C) Rs. 2,000
(D) Rs. 6,000
Answer
Ans – (D) Rs. 6,000
Class 10 Economics Chapter 2 Sectors of the Indian Economy MCQ Important Question Answer 2023-24
1. Production of a goods by exploiting the natural resources, is an activity of the ________ sector. Most Important
(a) Primary
(b) Secondary
(c) Tertiary
(d) Information Technology
Answer
Ans – (a) Primary
2. The sectors are classified into public and private sector on the basis of: Most Important
(a) employment conditions.
(b) the nature of economic activity
(c) ownership of enterprises
(d) number of workers employed in the enterprise
Answer
Ans – (c) ownership of enterprises
3. In which sector of India is Disguised Unemployment found?
(a) Industrial Sector
(b) Service sector
(c) Agriculture
(d) none of these
Answer
Ans – (c) Agriculture
4. In which sector of India is Disguised Unemployment found?
(a) Private Sector
(b) Public sector
(c) Organised Sector
(d) Tertiary Sector
Answer
Ans – (a) Private Sector
5. Which is the largest employment provider sector of India ?
(A) Primary
(B) Secondary
(C) Tertiary
(D) None of these
Answer
Ans – (A) Primary
Class 10 Economics Chapter 3 Money and Credit MCQ Important Question Answer 2023-24
1. The informal source of credit does not include which one of the following? Most Important
(a) Traders
(b) Cooperative societies
(c) Friends
(d) Money-lenders
Answer
Ans – (b) Cooperative societies
2. The central bank of India is?
(a) RBI
(b) PNB
(c) SBI
(d) HDFC
Answer
Ans – (a) RBI
3. In India, ________ issues one rupee note.
(A) Govt. of India
(B) Govt. of Haryana
(C) SBI
(D) RBI
Answer
Ans – (D) RBI
4. Currency Notes are issued by whom in India ?
(A) Parliament
(B) President
(C) Bank
(D) Reserve Bank of India
Answer
Ans – (D) Reserve Bank of India
5. How many members are in an ideal self help group?
(A) 50-100
(B) 30-50
(C) 02-05
(D) 15-20
Answer
Ans – (D) 15-20
6. In an SHG, most of the decisions regarding saving and loan activities are taken by :
(A) Bank
(B) Members
(C) Non-Government Organisation
(D) None of the above
Answer
Ans – (B) Members
Class 10 Economics Chapter 4 Globalisation and the Indian Economy MCQ Important Question Answer 2023-24
1. Which one of the following is an example of trade barrier ?
(a) Tax on exports
(b) Tax on imports
(c) Free trade
(d) Restriction on exports
Answer
Ans – (b) Tax on imports
2. Which one of the following logo is used for standardization of agriculture products?
(a) ISI
(b) ISO
(c) Hallmark
(d) Agmark
Answer
Ans – (d) Agmark
3. The most common route for investments by MNCs in countries around the world is to: Most Important
(a) Set up new factories
(b) Form partnership with local companies
(c) Buy existing local companies
(d) Imposing tax on local companies
Answer
Ans – (b) Form partnership with local companies
4. When was WTO established?
(a) 1990
(b) 1995
(c) 1998
(d) 2000
Answer
Ans – (b) 1995
5. How many countries are currently members of WTO?
(a) 119
(b) 120
(c) 139
(d) 149
Answer
Ans – 164
6. According to 2006, how many countries were the member of World Trade Organization ?
(A) 100
(B) 120
(C) 149
(D) 200
Answer
Ans – (C) 149
7. _________ has been one of the major factor that has stimulated the globalization process.
(A) Democracy
(B) Monarchy
(C) Socialism
(D) Technology
Answer
Ans – (D) Technology
8. Removing barriers or restrictions set up by the government is known as:
(A) Privatisation
(B) Globalisation
(C) Liberalisation
(D) Industrialisation
Answer
Ans – (C) Liberalisation
9. Globalization has led to improvement in living conditions :
(A) of all the people
(B) of people in developed countries
(C) of workers in developing countries
(D) none of the above
Answer
Ans – (D) None of the above
10. The past two decades of globalization is seen rapid movements in:
(A) Goods, services and people between countries
(B) Goods, services and investment between countries
(C) Goods, investment and people between countries
(D) None of the above
Answer
Ans – (B) Goods, services and investment between countries
11. The most common route for investment by MNCs in countries around the world is to:
(A) Set up new factories
(B) Buy existing local companies
(C) From partnership with local companies
(D) All of the above
Answer
Ans – (D) All of the above
Class 10 Economics Chapter 5 Consumer Rights MCQ Important Question Answer 2023-24
1. When Right to Information Act was enacted ?
(a) 2005
(b) 2006
(c) 2007
(d) 2008
Answer
Ans – (a) 2005
2. In which year Consumer Protection Act was enacted?
(a) 1985
(b) 1986
(c) 2002
(d) 2005
Answer
Ans – (b) 1986