28 Questions
What is emphasized in the new curriculum regarding evaluation activities?
Assessing both the products and the process of learning
In a constructive classroom, learners engage in activities to develop which of the following?
Attributes
What is the main objective of the book mentioned in the text?
To help learners face public examinations confidently
What does the text imply by mentioning 'continuous and comprehensive evaluation'?
Evaluating learners throughout the term
What kind of learning is emphasized for real knowledge construction according to the text?
Active participation and engagement
Which branch of economics would classify RBI formulating its new monetary policy?
Macroeconomics
In which branch of economics would the statement 'Shyam purchased a new mobile phone' be classified?
Microeconomics
Which economic concept is related to the statement 'Total Fixed Cost of a firm remains constant even if output increases'?
Elasticity of supply
When National Income records the highest growth, it is most likely a concern of which branch of economics?
Macroeconomics
Which economic system would mainly focus on planning mechanisms along with market mechanisms?
Mixed economy
What is the main focus of the country in the provided scenario?
Providing educational and health facilities
Which combination shows the highest priority to health facilities?
D (7 hospitals, 39 schools)
If a country has already attained near total literacy, where on the PPC would it prefer to operate?
Upper portion of PPC
In the context of utilizing resources for more health facilities, what is the suggested mechanism?
Centralized planning
Which learning outcome from the text involves analyzing the central problems faced by an economy?
Analyzing central economic problems
What should the country prioritize based on combination D in the schedule provided?
Health facilities over education
What is the impact on the production possibility frontier as a result of increased inflow of foreign capital due to liberalisation policy?
PPC shifts upward
Which branch of Economics focuses on the study of individual units and helpful in analyzing a micro economy?
Microeconomics
In Economics, which branch is crucial for understanding the working of macroeconomy?
Macroeconomics
Why is the study of aggregates equally important in Economics?
To understand the bigger picture in Economics
Which type of economics classifies and gives examples for both microeconomics and macroeconomics?
Positive economics
'Study of aggregates' refers to which branch of Economics?
Macroeconomics
What is the budget line equation for Mr. Babu if he wants to buy rice and sugar with an income of Rs. 60 and market prices of Rs. 10 and Rs. 20, respectively?
60 = 10X1 + 20X2
What are the constraints in the scenario of Mr. Babu wanting to buy rice and sugar at market prices of Rs. 10 and Rs. 20?
Income and market prices of both goods
At what minimum level of income can Mr. Babu buy either 10 kg of rice or 5 kg of sugar?
Rs. 40
What are the subsidised prices for the two goods that Mr. Babu can afford to buy 10 kg of rice and 5 kg of sugar?
Rs. 6 and Rs. 12
What do we call the subsidised prices in Economics?
Fair prices
Which scenario would require the government to provide assistance, according to the information given?
When income decreases
This quiz covers topics related to capitalism, socialism, mixed economy, and scoring indicators in economics. It includes examples like Japan, China, and India, and tests the classification of statements under micro and macroeconomics branches.
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