1 Story of a Village
Part -A (Objective Type
Questions)
Fill in
the blanks:
1. Human wants are Unlimited.
2. Entrepreneur bears risk.
3. Land Is a natural factor of production.
4. To grow more than one crop on a piece of land during a
year is known as multiple cropping.
5.
Some labourers
who migrate from one state to other state for work are called Migrant Labourers.
6. Punjab is known as Food Basket of country.
2. Multiple Choice
Questions:
1. Which factor of production is immobile?
a) Land b) Labour c) Capital d) Entrepreneur
Answer:
Land .
2.
Economic
activity which is concerned with the increasing utility or value of the goods
and service is called:
a) Production b) Consumption c) Distribution d) Labour
Answer:
Production.
3. Extraordinary increase in agriculture production
especially in wheat and rice is called
a) Green Revolution b) Wheat Revolution
c) Rice Revolution d)
White Revolution
Answer:
Green Revolution.
4.
What is the currency
of England known as?
a)Rupees b)Dollar c)Yen d)Pound
Answer: Pound.
3.
True/False:
1.
Supply of land
is limited. (True)
2. Limited wants of human beings
are satisfied by unlimited resources. (False)
3. Supply of labour cannot be increased
or decreased. (False)
4.
Entrepreneur bears risks. (True)
5. Work done by machines and animals is called labour. (False)
6.
When price of goods in the market
is high then the demand
for these goods
is also high
(False)
5. Very Short Answer Type Questions
Q 1.What
is the meaning of economics?
Answer:
Economics is the study of unlimited human wants and the activities done to
satisfy these wants through limited resources.
Q 2. Which is the
main productive activity of the villages of India?
Answer: Farming.
Q 3. Name two sources of irrigation in the
villages.
Answer: 1) Tubewells 2)
Canals .
Q 4. What is the
meaning of labour in Economics?
Answer:
In economics labour means all human efforts, physical as well as mental, done
for the sake of monetary gain.
Q 5.The
activity done by a mother
while teaching her son I s considered labour or not.
Answer: No.
Q 6.In what form do the labourers get their wages?
Answer: The labourers get their wages in form of cash or
kind such as rice or wheat.
Q 7. Give two non -farm activities done by the
villagers of a village.
Answer: 1) Dairy 2)
Poultry Farming
Q 8. From where do the large and small scale
farmers get capital needed for farming?
Answer: The large farmers get capital needed for farming
out of their own savings from farming while small farmers have to take loans on
higher rates of interest from the large farmers.
Q 9. Write any one
feature of land.
Answer: Land is a free
gift of nature.
Q 10. Why do labourers migrate from one state to
other states?
Answer: Labourers
migrate from one state to other states in search of work for their livelihood.
Q 11.Why do farmers burn stubble?
EXERCISES
1. Fill in the Blanks
(i)
Human wants are……………………………………….
(ii)
……………………….bears risk.
(iii)
………………….. is a natural factor of production.
(iv)
To grow more than one crop on a piece of land during a year is known
as..........................
(v)
Some labourers who migrate from one state to other state for work are
called..........................
(vi)
Punjab is known as..........................of country.
2.
Multiple Choice Questions
(i)
Which factor of production is immobile?
(a)
Land (b) Labour
(c)
Capital (d) Entrepreneur
(ii)
Economic activity which is concerned with increasing utility or value of the
goods and services is called:
(a)
Production (b) Consumption
(c)
Distribution (d) Labour
(iii)
Extraordinary increase in agriculture production especially in wheat and rice
is called ……………..
(a)
Green Revolution (b) Wheat Revolution
(c)
Rice Revolution (d) White Revolution
(iv)
What is the currency of England known as?
(a)
Rupees (b) Dollar
(c)
Yen (d) Pound
(i) Supply of land is limited.
(ii)
Limited wants of human beings are satisfied by unlimited resources.
(iii)
Supply of labour cannot be increased or decreased.
(iv)
Entrepreneur bears risks
(v)
Work done by machines and animals is called labour.
(vi)
When price of goods in the market is high then the demand for these goods is
also high.
4. Very Short Answer type Questions
(i)
What is the meaning of economics?
(ii)
Which is the main productive activity of the villages of India?
(iii)
Name two sources of irrigation in the villages?
(iv)
What is the meaning of labour in Economics?
(v)
The activity done by a mother while teaching her son is considered labour or
not?
(vi)
In what form do the labourers get their wages?
(vii)
Give two non-farm activities done by the villagers of a village?
(viii)
From where do the large and small scale farmers get capital needed for farming?
(ix)
Write any one feature of land?
(x)
Why do labourers migrate from one state to other state?
(xi)
Why do farmers burn stubble?
1.
Why do we study Economics?
2.
What is an economic activity? Give one example.
3.
Explain the difference between economic and non-economic activities?
4.
How does continuous use of water for irrigation by tubewells affects water level
below the ground?
5.
Explain two different ways of increasing production on the same piece of land.
6.
What is Multiple Cropping? Explain it.
7.
What is Green Revolution? How was it possible?
8.
What are the adverse effects of modern farming methods and tube well irrigation
on land?
9.
Why do the quality of soil deteriorate due to furning of agricultural waste in
the fields?
10.
In what way is the land distributed amongst the farmers of a villages?
11.
Give two sources of labour for farming in the village?
12.
How do the large and medium scale farmers arrange capital needed for farming?
13.
What are the main features of Labour?
14.
How do the small farmers arrange capital needed for farming?
15.
What do the large-scale farmers do with the surplus farm products?
16.
What are the different non-farm activities being carried out in the rural areas
of India?
17.
What can be done so that more non-farm productions activities can be started in
villages.
