Class 10

Understanding Economic Development (Economics) question bank (Social Science)

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Q1.

Which institution in India issues currency notes on behalf of the Central Government?

(A)

State Bank of India (SBI)

(B)

Reserve Bank of India (RBI)

(C)

Ministry of Finance

(D)

NITI Aayog

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Q2.

According to the CBSE curriculum for Class 10, which analytical factor is paramount when evaluating 'Development (What Development Promises, Income and Other Goals, National Development, Comparison of Countries by Per Capita Income, Income and Other Criteria, Public Facilities, Sustainability of' in 'Understanding Economic Development (Economics)'?

(A)

Superficial memorization without critical inquiry

(B)

Evidence-based reasoning, constitutional/conceptual foundations, and systemic impacts of Development (What Development Promises, Income and Other Goals, National Development, Comparison of Countries by Per Capita Income, Income and Other Criteria, Public Facilities, Sustainability of

(C)

Ignoring historical precedents and empirical data

(D)

Treating theoretical models as dogmatic truths

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