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Geography Class 9 Maharashtra Board | Menu
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MCQ Geography Chapter 8 Introduction to Economics Class 9 Maharashtra Board

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1. What is the total estimated monthly expenditure listed in the table?

Question 1 of 20

2. If your monthly income is ₹ 20,000, how much is the shortfall compared to the expenditure of ₹ 22,550?

Question 2 of 20

3. Which item in the expenditure table has the highest cost?

Question 3 of 20

4. What is the cost of buying two sets of uniform according to the table?

Question 4 of 20

5. Which Greek word does 'economics' come from?

Question 5 of 20

6. What does 'oikonomia' mean in Greek?

Question 6 of 20

7. According to Lionel Robbins, what does economics study?

Question 7 of 20

8. What is an economy defined as geographically in the document?

Question 8 of 20

9. How many types of economies are mentioned on a global level?

Question 9 of 20

10. In a capitalistic economy, who owns the means of production?

Question 10 of 20

11. What is the main aim of a capitalistic economy?

Question 11 of 20

12. Which country is listed as having a capitalistic economy?

Question 12 of 20

13. In a socialistic economy, who controls the means of production?

Question 13 of 20

14. What is the main aim of a socialistic economy?

Question 14 of 20

15. Which country is mentioned as having a socialistic economy?

Question 15 of 20

16. What characterizes a mixed economy?

Question 16 of 20

17. Which country is listed as having a mixed economy?

Question 17 of 20

18. Who is known as the father of economics?

Question 18 of 20

19. In which year was Adam Smith’s book 'Wealth of Nations' published?

Question 19 of 20

20. How did Adam Smith define economics?

Question 20 of 20

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