Start learning →

Andhra Pradesh SSC (Class 10) Economic Development & Banking — practice questions

Explore 50 free Economic Development & Banking questions in Andhra Pradesh SSC (Class 10) Social Science. Open each question or exercise to read its content, reference answers and available explanation.

Practise Economic Development & Banking with Quill →

Economic Development & Banking questions and exercises with answers

Showing questions 1–30 of 50.

The World Bank uses which criterion to classify and compare the development of countries?Read the answer and worked solution →Per capita income is calculated as:Read the answer and worked solution →Apart from income, which of the following is also a developmental goal that people seek?Read the answer and worked solution →Infant Mortality Rate (IMR) indicates the number of children who die before the age of one year per:Read the answer and worked solution →The literacy rate measures the proportion of the literate population in the age group of:Read the answer and worked solution →Body Mass Index (BMI) is used by health workers to find out whether adults are:Read the answer and worked solution →Sustainable development means using resources in a way that:Read the answer and worked solution →Two countries with the same per capita income may still differ in development because of differences in:Read the answer and worked solution →A key reason average income is used rather than total income to compare countries is that it:Read the answer and worked solution →Life expectancy, as a development indicator, denotes the:Read the answer and worked solution →As per your syllabus, what is the LITERACY RATE?Read the answer and worked solution →As per your syllabus, what is the SECONDARY sector?Read the answer and worked solution →Per capita income is best defined as:Read the answer and worked solution →The Infant Mortality Rate (IMR) measures:Read the answer and worked solution →A Mumbai dabbawala delivering office tiffin is engaged in which sector?Read the answer and worked solution →Approximately what proportion of India's workforce is engaged in the UNORGANISED sector?Read the answer and worked solution →In India, the authority that issues currency notes and coins is the:Read the answer and worked solution →Banks make their profit primarily from:Read the answer and worked solution →Which of the following is a FORMAL source of credit?Read the answer and worked solution →The role of the RBI in the formal credit market includes:Read the answer and worked solution →When Indian rice is exported to Saudi Arabia AND Thai rice is imported into India, the chapter calls this:Read the answer and worked solution →A TARIFF is best described as:Read the answer and worked solution →Tata Motors purchasing Jaguar Land Rover (UK) is an example of:Read the answer and worked solution →CLASS10 · Socialscience · Indian Economy — SectorsRead the answer and worked solution →CLASS10 · Socialscience · Functions of MoneyRead the answer and worked solution →CLASS10 · Socialscience · Globalisation — True or FalseRead the answer and worked solution →CLASS10 · Socialscience · Sector Sort — Primary / Secondary / TertiaryRead the answer and worked solution →CLASS10 · Socialscience · Consumer Rights — PairRead the answer and worked solution →Per capita income is calculated asRead the answer and worked solution →Per the 2024 World Bank classification, India fell in the category ofRead the answer and worked solution →

Worked practice questions

The World Bank uses which criterion to classify and compare the development of countries?

  1. average (per capita) income
  2. literacy rate alone
  3. total land area
  4. total population
Show answer and solution

Correct answer: A. average (per capita) income

The World Bank compares countries by average (per capita) income.

Open this question →

Per capita income is calculated as:

  1. national income minus expenditure
  2. national income divided by total population
  3. national income multiplied by population
  4. total exports divided by imports
Show answer and solution

Correct answer: B. national income divided by total population

Per capita income = national income / total population.

Open this question →

Apart from income, which of the following is also a developmental goal that people seek?

  1. only higher taxes
  2. security, freedom and respect
  3. only larger population
  4. only more factories
Show answer and solution

Correct answer: B. security, freedom and respect

People want security, freedom, respect and equal treatment besides income.

Open this question →

How to practise

  1. Choose a Economic Development & Banking question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.

Put it into practice

Continue with Economic Development & Banking practice for Andhra Pradesh SSC (Class 10). Read explanations as you go. No signup form needed to start.

Practise Economic Development & Banking →

More Social Science topics

Resources, Agriculture & MineralsPower Sharing and FederalismNationalism in India & EuropeGlobal World & IndustrialisationPrint Culture and Modern World