Infrastructure — Economics STD 12 Humanities & Commerce — Question

Which of the following statements is true?

1. Physical capital and human capital both are mobile.
2. Physical capital and human capital both can be separated from their owners.
3. Physical capital and human capital both can be created through efforts.
4. Physical capital and human capital both can be built by imports.

When did India adopt social banking and multi agency approach to meet rural credit needs?

1. 1965
2. 1969
3. 1991
4. 2001

Despite being the major source of livelihood, the agriculture sector continued to experience stagnation and deterioration during the British rule in India because of:

1. Decline of handicraft.
2. Land tenure system.
3. Drain of India's wealth.
4. None of the above.

When was the ‘Village and Small Scale Industries Committee' set up?

1. 1955
2. 1958
3. 1949
4. 1950.

Education cess is levied on:

1. Income tax.
2. Sales Tax.
3. Union Taxes.
4. State Taxes.

Which of the following is not a true statement?

1. On the eve of Independence, agriculture was the principal occupation of the people in India.
2. Mining is the main secondary occupation.
3. Indian manufactured products enjoyed a worldwide market before the British established themselves in India.
4. The role of the public sector under the British rule was confined only to a few industries.

TRIPS stands for:

1. Tariff and Revenue for Indian Policies for Stabilisation.
2. Trade Related Intellectual Property Rights.
3. Tariff and Revenue for Indian Policy Strategy.
4. Trade related Indian Property Rights.

Which of the following is not a key issue in Rural Development?

1. Rural Credit.
2. Rural Marketing.
3. Human Capital Formation.
4. Tourism.

When did nationalisation of capital goods industry took place in Pakistan?

1. 1970s
2. 1980s
3. 1990s
4. After 2000

Which capital treats human beings as a means to an end?

1. Physical Capital.
2. Financial Capital.
3. Human Capital.
4. None of the above.