CBSE Questions for Class 8 General Knowledge Indian Economy Quiz 14 - MCQExams.com

Match column I with column II and select the correct option from the given codes.
Column IColumn II
1.A general and continuous rise in prices of things(a)Recession
2.Things that have earning power or some value to their owner(b)Inflation
3.A decline in the overall average level of prices(c)Excise duty
4.A period of slow or negative economic growth usually accompanied by rising uneployment(d)Assets
5.A tax payable on manufactured goods(e)Deflation
  • 1-(d), 2-(b), 3-(e), 4-(c), 5-(a)
  • 1-(b), 2-(d), 3-(e), 4-(a), 5-(c)
  • 1-(a), 2-(e), 3-(d), 4-(b), 5-(c)
  • 1-(c), 2-(a), 3-(e), 4-(d), 5-(b)
The currency of Cote d'Ivoire is __________.
  • Colon
  • Franc (DFA)
  • Dollar
  • Peso
The currency of Latvia is ___________.
  • New Kip
  • Dinar
  • Lat
  • Pound
Some institutes in India are famous for their establishments, research and trainings. Select the incorrect pair showing the name of the institute and its location.
  • National Dairy Research Institute - Karnal (Haryana)
  • National School of Drama - New Delhi
  • Bharat Heavy Electricals Limited - New Delhi
  • Tata Iron and Steel Company Limited - Pune
Which of the following is the first bank of India?
  • Bank of Hindustan
  • State Bank of India
  • Bank of Rajasthan
  • Punjab National Bank
The currency of Bahrain is _____________.
  • Dinar
  • Taka
  • Dollar
  • Franc
The currency of Micronesia is __________.
  • Pound
  • Dollar
  • Peso
  • Dinar
The currency of Libya is _______.
  • Dollar
  • Libyan Dinar
  • Litas
  • Maloti
The first woman chairman of Indian Banks Association is ____.
  • Chanda Kochhar
  • Arunima Sinha
  • Arundhati Sen
  • Usha Ananthasubramanian
The currency of Niger is ___________.
  • Guilder
  • CFA Franc
  • Dollar
  • Pound
What factors changed the landscape of India most in the last century?
  • Irrigation
  • Movement of people from rural to urban areas
  • Industrialisation
  • Deforestation
Differential piece wages means __________.
  • different wages for different level of performance
  • different wages for different time consumed
  • different wages for different level of output
  • different wages for different types of industries
To whom the Advance Ruling is applicable?
  • To all similarly placed dealers
  • To all Adjudicating Authorities and Appellate Authorities on similar cases
  • To the Applicant and his Adjudicating Authority Only
  • All of the above
Which commitee has been set up to examine the un-claimed amount in PPF, post office and saving schemes?
  • H devaraj Committee
  • H R Khan Committee
  • GopalKrishna Committee
  • k V Kamath Panel
During one year the sales of a cooperative milk society are Rs. 41,During the succeeding year the sales increased to Rs. 59,It is claimed that there is a 50% increase in the saleable proceeds of the milk handled by it. If we are to arrive at a conclusion to know whether there has been any improvement in its functioning, we must enquire whether
  • The quality of milk is maintained
  • Price stability is maintained
  • Expenditure is increased
  • Expenditure is decreased
Mixed economy refers to
  • The coexistence of heavy, small scale and cottage industries
  • The promotion of agriculture as well as cottage industries
  • The coexistence of rich as well as poor
  • Coexistence of public as well as private sector
An increase in the current account deficit will place __________pressure on the home currency value, other things equal.
  • upward.
  • downward
  • no
  • upward or downward
Temporary control of inflation can be effected by
  • Increasing the prices
  • Increasing the taxes
  • Restraint on the growth
  • Reducing the prices
What are the supplies on which reverse charge mechanism would apply?
  • Notified categories of goods or services or both
  • Inward supply of goods or services or both from an unregistered dealer
  • Both of the above
  • None of the above
$$GST$$ system was introduced in our country from _________
  • $${31^{st}}$$ March, $$2017$$
  • $${1^{st}}$$ April, $$2017$$
  • $${1^{st}}$$ January, $$2017$$
  • $${1^{st}}$$ July, $$2017$$
Which sociological perspective would be especially interested in studying how people communicate with other and develop relationships through MUDS(multi-user.
  • functionalist perspective
  • conflict perspective
  • interactionist perspective
  • labeling theory
According to sociology, a person who are not rich they are nations with standard living of about average for world as a whole are called
  • High-income countries
  • Middle-income countries
  • Low income
  • None of the above
What is meant by the public sector?
  • The goals of the society
  • Economic activities in which the government engages for the public good
  • Economic activities in which self interest makes for personal affluence
  • Economic activities open to the public
The Bhilai Steel Plant was set up with the collaboration of the U.S.S.R., the Rourkela Steel Plant with the collaboration of West Germany, the Durgapur Steel Plant was constructed with the collaboration of
  • Britain
  • Japan
  • U.S.A.
  • Romania
In industrial societies the social class most likely to participate in social movements is the.
  • lower class
  • upper class
  • middle class
  • all social classes equally
According to sociological researchers more and more, sports are subject to market forces and develop large industries around them is called
  • Professionalization
  • Commercialization's
  • Consumption
  • Spectacularisation
Craftsmen foremen secretaries office workers belong to the.
  • upper-middle class
  • middle-middle class
  • working class
  • "new class"
Legal-rational authority is characteristic of.
  • homogeneous societies
  • traditional agrarian societies
  • urban industrial developed societies
  • totalitarian societies
Socialization is a series of stages in which the individual learns to participate in various levels of organization of society and internalizes a cognitive frame of reference for interpersonal relations It is.
  • Internalization theory
  • Role theory
  • Symbolic theory
  • None of these
..... groups often emerge in the workplace among those who share special understandings about their occupation.
  • primary
  • secondary
  • out-groups
  • formal organizations
Which one of the following is not part of Bowles and Ginits's (1976) Marxist thesis on schooling under capitalism?
  • head teachers often encourage working class children to be ambitious
  • the structures of school life correspond to the structures of working life
  • education is a great divider not a leveller
  • schools provide the right kind of future workers for capitalist employers
A case study is most useful when.
  • limited research funds are available
  • no hypothesis can be formulated
  • events under consideration are rare
  • facts must be established
The basic assertion of ageism is that.
  • the young are superior to the old
  • the old are superior to the young
  • there is a smooth transfer of roles between the old and the young
  • work is best left to those who can do it
The price system is based on.
  • a government plan
  • tradition
  • consumer demand
  • the command of a ruler
If a broad spectrum of the population is surveyed at a given time the study is called:
  • longitudinal
  • inferential
  • descriptive
  • cross sectional
Arnett proposed an interesting distinction of types of socialization.
  • high and low
  • broad and narrow
  • old and new
  • None of these
Deviance is defined as.
  • breaking legal codes
  • behavior forbidden by religion
  • behavior that passes the limits of what the social group tolerates
  • any violation of societal norms
According to sociologists people who refers to people who interact in a defined space and share culture is called
  • Community
  • Society
  • Hunting and gathering
  • All of the above
According to sociology high-income countries are nations with highest overall
  • standards of living
  • Richest
  • Economies
  • Poor
Traditional autocracy has been replaced by.
  • democracy
  • egalitarianism
  • authoritarian or totalitarian ideologies
  • tyranny
What kind of fundamental shape of people's lives in society?
  • Infant
  • Adult
  • Birth
  • All of the above
Social structure refers to.
  • biological cell patterns
  • norms roles and group in a social system
  • patterns of individual behavior
  • what the individual becomes in society
Poverty is related to.
  • technological changes only
  • lack of work ethic
  • patterns of prejudice and technological change
  • discrimination only
According to Bourdieu cultural capital exists in three forms Which one of the following is not one of the three?
  • an objectified state
  • an institutionalised form
  • a symbolic form
  • an embodied state
the decentralized city can be identified by.
  • the shift of employment and services away from the inner city towards multiple centres in smaller towns and rural areas
  • the degendering of public space as women use local facilities more
  • gentrification the movement of middle class people back into the inner city
  • all of the above
society is seen as a stable system in.
  • Evolutionary Perspective
  • Conflict Perspective
  • Functionalist Perspective
  • None of these
What is defined as 'non-conformity to a given set or norms that are accepted by a significant number of people in a community or society?
  • criminality
  • deviance
  • recidivism
  • degeneracy
Which of the following is a personal document with closed access?
  • government white paper
  • confidential medical records
  • household account book
  • the shares register of a business
Status means
  • abstract concept of unity.
  • the give and take between two persons.
  • the development of relationship.
  • a position, where a person stands in the group structure.
White-collar crime is low in visibility because
  • it involves only small amounts of money
  • the proletariat can outsmart the bourgeoise
  • the police turn a blind eye to coreporate crime
  • it goes undected in the context of everybody buisness transactions
0:0:1


Answered Not Answered Not Visited Correct : 0 Incorrect : 0

Practice Class 8 General Knowledge Quiz Questions and Answers