Description

Previous Year Nios Question Paper with Answer Economics (214) Class Secondary Exam Session March/April 2024

If you are here, Economics 214 Nios Exam Solved Question Paper April 2024 Class 10. you have to grab it now for best exam practice & know the examination pattern for upcoming exam. Check Sample –

SECTION – A

1. Which one of the following statements is correct ? 1

(A) Human wants are unlimited.

(B) Human wants are insatiable.

(C) Human wants are unlimited and insatiable.

(D) None of the above.

Ans. (C) Human wants are unlimited and insatiable.

OR

Food items are produced in :

(A) Rural areas                                                            (B) Urban areas

(C) Rural and urban areas                                        (D) None of these

Ans. (C) Rural and urban areas.

2. (i) For their productive services the factors are paid: 1

(A) rent and wages

(B) rent, wages and interest

(C) rent, wages, interest and profit

(D) rent and profit

Ans. (C) rent, wages, interest, and profit.

OR

(ii) Goods and services are produced to satisfy :

(A) Social wants

(B) Human wants

(C) Human and social wants

(D) None of these

Ans. (C) Human and social wants.

3. (i) Production is defined as transformation of inputs into : 1

(A) Development                                                         (B) Output

(C) Inputs                                                                      (D) None of the above

Ans. (B) Output

OR

(ii) When we are hungry we take :

(A) water                                                                       (B) rest

(C) food                                                                           (D) all the above

Ans. (C) food

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