Economics Practice Quiz 104

Q1.What impact did the First World War have on prices in India?

A. Prices fell sharply B. Prices remained stable C. Prices rose sharply D. Prices fluctuated wildly

Q2.What is the daily wage of manual scavengers working in urban municipalities, as per the source?

A. ₹200 per day B. ₹100 per day C. ₹300 per day D. ₹500 per day

Q3.What proportion of Chennai's municipal water supply meets the city's needs?

A. about half B. about three quarters C. about one quarter D. about nine tenths

Q4.What is an important characteristic of a public facility?

A. It is provided only by private companies B. Its benefits can be shared by many people C. It is always profitable D. It is available only in urban areas

Q5.Who must carry the responsibility of providing public facilities to the people?

A. Private companies B. Non-governmental organizations C. The government D. International agencies

Q6.Why might private companies not be interested in providing certain public facilities like keeping drains clean or running an anti-malaria campaign?

A. They lack technical expertise B. There is no profit to be had C. The government prohibits them D. They are legally barred

Q7.What is a drawback of private companies providing public facilities like schools and hospitals?

A. They are always of poor quality B. They are provided at a price that only some people can afford C. They are not available in cities D. They require government subsidies

Q8.What happens if people get as much as they can pay for public facilities?

A. Everyone gets equal access B. Many who cannot afford will be deprived of a decent life C. The government steps in to subsidize D. Private companies lower prices

Q9.Which of the following is an example of a public facility mentioned in the text?

A. A shopping mall B. A school in a village C. A private bank D. A luxury hotel

Q10.What benefit of electricity supply is mentioned for farmers in the text?

A. Running pumpsets to irrigate fields B. Powering tractors C. Lighting homes D. Running cold storage

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Economics Practice Quiz 104