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Tertiary Sector Economics - Tertiary Sector

ICSE - STD 9 - Economics (ICSE - English Medium). 55 questions in this chapter.

Question types

Tertiary Sector question types

55 questions across 6 question groups — pick any mix to generate a Economics paper with step-by-step answer keys.

55
Questions
6
Question groups
5
Question types
Sample Questions

Tertiary Sector questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

Q 1MCQ1 Mark
Insurance ___________ .
  • A
    promotes safety and security
  • B
    spreads risk from the insured to the insurer
  • ✓
    both (a) and (b)
  • D
    none of these

Answer: C.

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Q 2MCQ1 Mark
Which of the following is a public sector insurance company?
  • ✓
    Life Insurance Corporation of India
  • B
    HDFC Life Insurance
  • C
    ICICI Prudential Life Insurance
  • D
    Both (a) and (c)

Answer: A.

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Q 3MCQ1 Mark
Internet banking refers to __________ .
  • ✓
    Operation of account through internet
  • B
    Opening of bank account
  • C
    Both (a) and (b)
  • D
    None of these

Answer: A.

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Q 4MCQ1 Mark
Who is the Present Governor of RBI?
  • A
    Raghuram Rajan
  • ✓
    Shashi Kant Das
  • C
    Montek Singh Ahluwalia
  • D
    Urjit Patel

Answer: B.

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Q 5MCQ1 Mark
"Buy now pay later" is the motto of a __________ .
  • A
    ATM
  • B
    Debit Card
  • ✓
    Credit Card
  • D
    None of these

Answer: C.

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Q 6Assertion (A) & Reason (B) MCQ1 Mark
Statement (1): State Bank of India is the central bank of India.
Statement (2): The Reserve Bank of India controls the entire banking system in India.
  • A
    Both statements are true.
  • B
    Both statements are false.
  • C
    Statement 1 is true, Statement 2 is false.
  • ✓
    Statement 2 is true, Statement 1 is false.

Answer: D.

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Q 7Assertion (A) & Reason (B) MCQ1 Mark
Assertion(A): Water transport is a risky mode of transportation.
Reason(R): The risk of accident is high as the ship/boat could sink any time.
  • ✓
    Both Assertion(A) and Reason(R) are true and Reason(R) is the correct explanation of Assertion(A).
  • B
    Both Assertion(A) and Reason(R) are true and Reason(R) is not the correct explanation of Assertion(A).
  • C
    Assertion(A) is true but Reason(R) is false.
  • D
    Assertion(A) is false but Reason(R) is true.

Answer: A.

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Q 8Assertion (A) & Reason (B) MCQ1 Mark
Statement (1): India holds the second biggest rail network in Asia.
Statement (2): India's road network is second largest in the world after the United States.
  • ✓
    Both statements are true.
  • B
    Both statements are false.
  • C
    Statement 1 is true, Statement 2 is false.
  • D
    Statement 2 is true, Statement 1 is false.

Answer: A.

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Q 9Assertion (A) & Reason (B) MCQ1 Mark
Assertion(A): Tertiary sector produce services.
Reason(R): Services are non-physical products that cannot be touched or stored like healthcare, teacher.
  • ✓
    Both Assertion(A) and Reason(R) are true and Reason(R) is the correct explanation of Assertion(A).
  • B
    Both Assertion(A) and Reason(R) are true and Reason(R) is not the correct explanation of Assertion(A).
  • C
    Assertion(A) is true but Reason(R) is false.
  • D
    Assertion(A) is false but Reason(R) is true.

Answer: A.

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