Important Questions - Social Science - Economics
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Questions and Answers

What does HYVs refer to in agricultural terms?

  • High Yielding Varieties (correct)
  • High Yielding Volumes
  • Hybrid Yielding Variants
  • Highly Yielded Vegetables

Which type of capital do the materials used by potters and weavers fall under?

  • Physical Capital (correct)
  • Natural Capital
  • Working Capital
  • Human Capital

Which of the following best describes the Green Revolution?

  • A significant boost in crop production primarily through the use of new seeds and fertilizers (correct)
  • The introduction of mechanized farming only
  • Focus on traditional agricultural techniques
  • The practice of organic farming methods

What is the primary constraint in raising farm production in Palampur according to the assertion given?

<p>Limited land area under cultivation (C)</p> Signup and view all the answers

What is a defining characteristic of 'Working Capital'?

<p>Consists mainly of cash and short-term investments (C)</p> Signup and view all the answers

Which of the following is NOT typically considered a non-farm activity?

<p>Dairy farming (D)</p> Signup and view all the answers

Which factor of production is best exemplified by knowledge and enterprise?

<p>Human Capital (B)</p> Signup and view all the answers

In Palampur, crops are often grown on the same field multiple times a year. What is this practice called?

<p>Multiple Cropping (D)</p> Signup and view all the answers

Which of the following is a key difference between traditional and modern farming methods?

<p>Modern farming utilizes technology for enhanced productivity (C)</p> Signup and view all the answers

What are the primary assets recognized under Fixed Capital in Palampur?

<p>Land and buildings (A)</p> Signup and view all the answers

Flashcards

What is intercropping?

The system of growing more than one crop on the same field in a year.

Is land a limited resource?

The land as a resource is naturally limited. The amount of land available for farming is practically fixed.

What is meant by production?

The total output of a company or a business.

What is human capital?

Knowledge and skills that people acquire through training and education to enhance their productivity.

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What is surplus?

The difference between the total output of a process and the total input used in the process.

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What are factors of production?

Factors of production are resources used in the production process to create goods and services.

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What is fixed capital?

It includes items that can be used repeatedly for a long time during production. For example, tools, machines, buildings, and land.

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What is working capital?

A type of capital that includes raw materials, money, and finished goods that are used up quickly during production.

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What are non-farm activities?

Activities carried out in the village that are not related to farming. This could include trading, small businesses, or services.

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What is the Green Revolution?

The increase in food production per unit of land through the use of improved seeds, fertilizers, and irrigation.

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Study Notes

Important Questions - Social Science - Economics

  • Question 1: Assertion: Land is a resource with limitations. Reason: Land area available for farming is fixed.

    • Both assertion and reason are true, but the reason does not correctly explain the assertion.

  • Question 2: What does HYV stand for?

    • High-Yielding Varieties

  • Question 3: Crop system of growing more than one crop on the same field in a year.

    • This is called crop rotation.

  • Question 4: Yarn and clay in pottery fall under which type of capital?

    • Working capital

  • Question 5: Matching List I and List II

    • List I: items (Land, Fixed Capital, Working Capital, Human Capital)
    • List II: descriptions (Natural Resources, Assets, Raw Materials & Money, Knowledge & Enterprises)
    • Match land with natural resources, fixed capital with assets, working capital with raw materials and money, and human capital with knowledge and enterprises.

  • Question 6: Green Revolution - short note

    • Increase in agricultural production using modern techniques (fertilizers, pesticides, high-yield crops)

  • Question 7: Human Capital - short note

    • Skills, abilities, and knowledge of people within the workforce

  • Question 8: Surplus - short note

    • Excess production over consumption

  • Question 9: Facilities in Palampur village - account

    • Detailed description of the facilities present in Palampur village

  • Question 10: Traditional vs. Modern Farming Methods

    • Comparison of traditional and modern techniques of farming

  • Question 11: Increasing production from a fixed plot

    • Describe three ways to increase production from the same land

  • Question 12: Factors of production

    • Explanation of different factors of production

  • Question 13: Non-farm activities in Palampur

    • Details and descriptions about non-farm activities in the village

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Class IX Social Science - Economics Past Paper PDF

Description

Test your knowledge of key concepts in Economics with this quiz. It covers essential topics such as resource limitations, crop systems, and types of capital. Perfect for students studying Social Science, this quiz will help reinforce your understanding of the subject.

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