Samacheer Kalvi 7th Social Production Economics Questions Pdf - 1

Question: 1

The Entrepreneur is also called

(A) Agent

(B) Organizer

(C) Communicator

(D) Exchanger

Question: 2

Primary factors are

(A) Capital, labour

(B) Land, labour

(C) Land, capital

(D) None of these

Question: 3

Production refers to

(A) Creation of utilities

(B) Destruction of utility

(C) Exchange value

(D) None of these

Question: 4

_____ is carried out by extractive industries.

(A) Primary production

(B) Secondary production

(C) Tertiary production

(D) Service production

Question: 5

Utilities are in the nature of

(A) Place utility

(B) Time utility

(C) Form utility

(D) All of these

Question: 6

_____ cannot be stored.

(A) Labour

(B) Organisation

(C) Capital

(D) Land

Question: 7

Indian Economy is a _____ Economy.

(A) Mixed

(B) Socialist

(C) Public

(D) Private

Question: 8

_____ is known as Father of Economics.

(A) Adam Smith

(B) Amartya Sen

(C) Alfred Marshall

(D) Karl Marx

Question: 9

The most to the Gross Domestic product of our country is contributed by the _____ sector.

(A) Primary

(B) Secondary

(C) Tertiary

(D) All the above