Economics Worksheet -1
People as Resource
Std : IX Div : _____ Roll No : _____
Multiple Choice Questions
1. What is the term used to describe the skills and abilities of people that can be used to
produce goods and services?
a) Human capital b) Physical capital c) Natural resources d) None of the above
2. Which of the following is an example of investment in human capital?
a) Building a new factory b) Purchasing new machinery
c) Providing education and training to workers d) All of the above
3. What is the primary benefit of investing in human capital?
a) Increased productivity b) Improved health
c) Better job opportunities d) All of the above
4. What is the term used to describe the process of acquiring new skills and knowledge?
a) Training b) Education c) Human capital formation d) All of the above
5. What is the impact of human capital on economic growth?
a) It decreases economic growth b) It increases economic growth
c) It has no impact on economic growth d) None of the above
6. What is the primary goal of human capital formation?
a) To increase productivity b) To improve health
c) To provide better job opportunities d) All of the above
7. Which of the following is a characteristic of a country with a high level of human
capital?
a) High level of economic growth b) Low level of poverty
c) Better standard of living d) All of the above
8. Which of the following is a benefit of human capital formation?
a) Increased economic growth b) Improved standard of living
c) Better job opportunities d) All of the above
9. Which of the following is a type of human capital?
a) Physical strength b) Intellectual ability c) Both a & b d) None of the above
10. Which of the following is an example of investment in human capital that can lead to
economic growth?
a) Providing vocational training b) Building a new hospital
c) Purchasing new machinery d) All of the above
11. Which of the following statements is true about the population of a country?
a) More population always leads to economic development
b) Population growth is always a burden on the economy
c) Population can be an asset if provided with proper education and skills
d) Population has no impact on economic growth
12. Why is literacy rate higher among males in India?
a) Males are naturally more intelligent.
b) Females are not allowed to attend schools.
c) Males have historically had more opportunities for education.
d) Females are not interested in education.
13. How does disguised unemployment manifest in rural areas?
a) There is a shortage of manpower in certain categories.
b) More people are employed than necessary, leading to reduced productivity.
c) Technically qualified individuals cannot find jobs.
d) Unemployment rates are statistically low due to low income and productivity.
14. What is the primary emphasis of the chapter “People as Resource”?
a) Explaining population growth as a liability
b) Highlighting the negative aspects of a large population
c) Viewing population as an asset for the economy
d) Discussing the challenges of providing education and healthcare
15. What age group is considered the working population?
a) 0-14 years b) 15-59 years c) 60+ years d) 5-14 years
16. How do doctors, teachers, and engineers help the economy?
a) They provide important services that improve productivity
b) They focus only on physical labor
c) They do not contribute to economic growth
d) They reduce the country’s total income
17. Which of these is a non-market activity?
a) Selling clothes in a shop b) Making furniture in a factory
c) Growing vegetables for home use d) Treating patients in a private hospital
18. Quarrying and manufacturing is included in the _______ .
a) Primary activity b) Secondary activity c) Tertiary activity d) Non-market activity
19. The activities that result in the production of goods and services and add value to
the national income are called _______ .
a) Market activities b) Non-market activities c) Economic activities d) None of these
20.What does ‘people as a resource’ mean?
a) People who help in economic growth b) The number of people in a country
c) Government control over people d) The natural resources people use
21. Which of the following is NOT a part of human capital?
a) Knowledge and skills b) Good health c) Natural resources d) Education & training
22. In urban areas, youths with graduation and post graduation degrees are not able to
find job. This type of unemployment is called _______ .
a) Seasonal unemployment b) disguised unemployment
c) Educated unemployment d) None of these
23. People find work at the time of sowing, harvesting and weeding, etc., but rest of the
year, they are unemployed. This is called
a) Seasonal unemployment b) Disguised unemployment
c) Educated unemployment d) under employment
24. Which scheme had been introduced to encourage attendance and retention of
children and improve their nutritional status?
a) Sarva Shiksha Abhiyan b) Mid-day Meal
c) Back to School Campaign d) Bridge Course
25. What is the name of the school set in each district by the government for the
talented students of a rural area?
a) Navodaya Vidyalaya b) Kendriya Vidyalaya c) Sainik school b) All of these
26. Sarva Siksha Abhiyan is a flagship programme of Government of India that aims to
provide elementary education to all children in which age group?
a) 8 to 14 years b) 6 to 14 years c) 8 to 17 years d) 6 to 15 years
27. The 12th plan endeavoured to raise country’s______ in higher education in the age
group of 18 to 23 years to 25.2% by 2017-18 & to reach the target of 30% by 2020-21.
a) Literacy Ratio b) Gross Enrolment Ratio c) Life Expectancy Ratio d) None of these
28. The disadvantages of unemployment are :
a) People who are an asset for the economy, turn into liability.
b) It tends to increase economic overload.
c) Both a and b d) None of these
29. Domestic work by house wife is a _____ activity.
(a) Economic b) Noneconomic c) Both of them d) None of the above
30. The two determinants of earning by an individual in the market are:
(a) Health & education b) Education & skill c) Age and education d) Skill & age
