Environment And Sustainable Development — Economics STD 12 Humanities & Commerce — Question

Modernisation is necessary increase in the country's capacity to produce the output of goods and services within the country. (True/ False)

Less capacity utilisation is the emerging challenge of power generation in India. (True/ False)

State whether the following statement is true or false:
"In the past few decades, primary sector has created maximum jobs in India."

Wages workers are those who work in their own business or profession and get profit as their reward. (True/ False)

Capitalist economy takes major economic decisions, i.e., what to produce, how to produce and for whom to produce. (True/ False)

Social infrastructure refers to all such elements of economic change like power, transport, communication etc. which serve as a support system to the process of economic growth. (True/ False)

The period between 1991-2003 is called 'Golden Revolution. (True/ False)

Poverty line is a cut-off point on the line of distribution, which usually divides the population of the country as poor and non poor. (True/ False)

Renewable resources are those which can be used with the possibility of being exhausted. (True/ False)

The deficit portion of agriculture produce which is sold into the market by the farmers is called marketed surplus. (True/ False)