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RISHIKUL VIDYA NIKETAN, Kedarpur, Shivpuri Link Road, Gwalior (M.P.), Ph.: 0751-4929672 E-mail: [email protected], UT-II Examination 2021-22, Class- XII, SUBJECT- ECONOMICS, TIME-1HR., MM-20, General instructions:, 1.all questions are compulsory., 2.each question is one mark., ________________________________________________________________________________________________________________________________________________________________, , CHOOSE THE CORRECT ANSEWRQ.1NDPmp = ________, (a) GDPmp – Depreciation, () NNPfc + Net indirect taxes, , (b) GDPfc + Net factor income from abroad, (d) All of these, , Q.2NNPmp = ________, (a) GNPmp – Depreciation, () NNPfc + Net indirect taxes, , (b) NDPmp + Net factor income from abroad, (d) All of these, , Q.3Which of the following is the method of measuring National Income?, (a) Income method, (b) Product method, () Expenditure method, (d) All of these, Q.4Why are the intermediate goods not included in the National Income while measuring National Income?, (a) To avoid double accounting, (b) It decreases income, (c) Intermediate goods are not good, (d) All of these, Q.5Accounting of National Income at constant prices is known as ________, (a) Money income, (b) Real income, (c) Current income, (d) Domestic income, Q.6Employment Theory is related to :, (a) Static Economics, (c) Macro Economics, , (b) Micro Economics, (d) None of these, , Q.7Which one of the following is included in circular flow?, (a) Real Flow, (b) Money Flow, (c) Both (a) and (b), (d) None of these, Q.8Which services are provided by families to a firm?, (a) Land, (b) Labour, (c) Capital and Enterprises, (d) All the above, Q.9Which one is true?, (a) GNP = GDP + Depreciation, (c) NNP = GNP – Depreciation, , (b) NNP = GNP + Depreciation, (d) GNP = NNP – Depreciation

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Q.10Which one is included in National Income?, (a) Rent, Wage, Interest, (b) Rent, Wage, Salary, (c) Rent, Profit, Interest, (d) Rent, Wage, Salary, Interest, Profit, Q.11Which of the following statement is not true for a worker?, (a) A worker contributes to the GDP.s, (b) Workers may temporarily abstain from work due to illness., (c) Self-employed are not workers., (d) Those who help the main workers are also workers., Q.12Which of the following is the correct definition of self-employed?, (a) Not able to find jobs during some months of the year, (b) Own and operate their own enterprises, (c) Receive wages on a regular basis by the employer, (d) Casually engaged in other individuals enterprises, Q.13Which of the following workers is a regular salaried employee?, (a) Owner of a saloon, (b) Rickshaw puller, (c) Cashier in State Bank of India, (d) Vegetable vendor, Q.14Which of the following is not a feature of organised sector?, (a) Job Security, (b) Social security benefits, (c) Irregular payment, (d) Fixed working hours, Q.15……………… is not secure in organised sector., (a)Employment, (b)Wages, (c)Owner, (d)Work, Q.16What is the distribution of the workforce in rural and urban areas?, (a) 75 : 25, (b) 60 : 40, (c) 50 : 50, (d) 40 : 60, Q.17Which of the following is not a biotic element?, (a) Birds, (b) Sunlight, (c) Insects, (d) Animals, Q.18Which of the following is an impact of global warming?, (a) Deforestation, (b) Rise in sea level, (c) Waste generation, (d) Rapid increase in population, Q.19When was the Central Pollution Control Board (CPCB) set up?, (a) 1964, (b) 1974, (c) 1984, (d) 1994, Q.20Use of which of the following has resulted in a significant reduction in Delhi’s pollution?, (a) LPG at homes, (b) Solar cells for electricity, (c) Thermal power plants, (d) CNG in public transport