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Karnataka SSLC (Class 10) Economic Development & Banking — practice questions — page 2

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

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Economic Development & Banking questions and exercises with answers

Showing questions 31–50 of 50.

Which of these political concepts is NOT a feature of liberal democracy per the chapter list?Read 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 →Apart from per capita income, which indicator is used in the Human Development Index?Read the answer and worked solution →The Infant Mortality Rate (IMR) indicatesRead the answer and worked solution →Why might per capita income alone be a poor measure of development?Read the answer and worked solution →Sustainable development means development thatRead the answer and worked solution →Which of these is NOT a non-material goal of development?Read the answer and worked solution →Comparing two countries by total income is misleading becauseRead the answer and worked solution →Which of these is a renewable resource sometimes used as a development indicator?Read the answer and worked solution →The Brundtland Commission Report introducing the concept of 'Sustainable Development' was published inRead the answer and worked solution →Which of these is a resource based on the criterion of OWNERSHIP?Read the answer and worked solution →Conflicting developmental goals can arise whenRead the answer and worked solution →Purchasing Power Parity (PPP) is used toRead the answer and worked solution →Which institution publishes the Human Development Report?Read the answer and worked solution →Activities like agriculture, mining, fishing, and forestry belong to which sector?Read the answer and worked solution →Manufacturing activities belong to which sector?Read the answer and worked solution →Banking, insurance, transport and storage belong to which sector?Read the answer and worked solution →Gross Domestic Product (GDP) isRead the answer and worked solution →Disguised unemployment is typically found in which sector?Read the answer and worked solution →

Worked practice questions

Which of these political concepts is NOT a feature of liberal democracy per the chapter list?

  1. Universal suffrage
  2. Free and fair elections
  3. Hereditary monarchy
  4. Rule of law
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Correct answer: C. Hereditary monarchy

1. The 'What is a Liberal Democracy?' box gives four features. 2. Universal suffrage, free and fair elections, competitive party politics, rule of law. 3. Hereditary monarchy is the opposite of universal suffrage — it does not appear. 4. It is the odd feature out. _Source: Maharashtra Balbharati Std XII Political Science, Ch 1 "The World since 1991", §1.2 ¶3_

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Per capita income is calculated as

  1. total income ÷ total population
  2. total population ÷ total income
  3. total income × population
  4. total income − total expenditure
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Correct answer: A. total income ÷ total population

1. Per capita income is the average income of a country's residents. 2. It is computed as total income divided by total population. 3. This is the standard measure used in World Development Reports. _Source: syllabus Understanding Economic Development, Ch 1 "Development"_

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Per the 2024 World Bank classification, India fell in the category of

  1. high-income countries
  2. low middle-income countries
  3. low-income countries
  4. upper middle-income countries
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Correct answer: B. low middle-income countries

1. India's 2024 per capita income was about US$ 11,000 per annum. 2. High-income threshold: ≥ US$ 66,500; low-income: ≤ US$ 2,300. 3. Hence India lies in the low middle-income category. _Source: syllabus Understanding Economic Development, Ch 1 "Development"_

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Power Sharing and FederalismResources, Agriculture & MineralsNationalism in India & EuropeGlobal World & IndustrialisationPrint Culture and Modern World