TN TET · Social Studies (Paper II Alternative)
Basic economic concepts at upper primary level.
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Q1 · Economics · EASY
A farmer grows wheat on his land, a flour mill grinds the wheat into flour, and a baker uses the flour to make bread. These activities represent the three basic economic activities. What is the correct order of these activities?
Q2 · Economics · MEDIUM
In a village, people need food, clothing, shelter, education, and entertainment. However, they have limited money to spend. Which economic concept best explains why the villagers must make choices about what to buy?
Q3 · Economics · MEDIUM
India's economy is divided into three main sectors: Primary, Secondary, and Tertiary. A student lists these activities: (1) Mining coal (2) Teaching in a school (3) Manufacturing steel from iron ore (4) Growing rice. Which classification is correct?
Q4 · Economics · HARD
The Reserve Bank of India (RBI) announces an increase in the repo rate from 6% to 6.5%. What is the most likely immediate effect of this decision on the Indian economy?
Q5 · Economics · MEDIUM
Two districts in Tamil Nadu have the same per capita income of Rs. 80,000 per year. However, District A has better schools, hospitals, and lower infant mortality rate compared to District B. According to the concept of development used by international organizations, which statement is most accurate?