Poverty in India — Economics STD 11 Commerce / Arts — Question

Statements related to Economics:
(a) Economics is a social science.
(b) Concept of economics is derived from the Greek word ‘Oikonomia’.
(c) Economics is related to the study of human economic behaviour.
(d) Economics is related to the management of the household.

Unemployment during recession is called ___________ unemployment.

Short term loans not exceeding two years are taken ___________

Post graduate working as a peon is called ___________

Incorrect reasons for the population explosion in India
(a) Illiteracy
(b) Universalization of Marriage
(c) Joint family system
(d) Upliftment in lifestyle

Key points in Lionel Robbins’ definition:
(a) Wants are unlimited
(b) Means are limited
(c) Wants are not gradable
(d) Means have alternative uses.

Defective education system causes ___________ unemployment.

Statement related to Barter System
(a) Exchange of goods for goods
(b) Mobile Phone, Tablet, Smart Cards, Digital Wallet
(c) Problem of deferred payments
(d) Lack of common measure of value

Arrange in order of evolution of money.
(a) Metallic money
(b) Animal money
(c) Metallic coins
(d) Commodity money

Introduction of computer causes ___________ unemployment.