Read the text given below and answer the following questions:
Palampur is well-connected with neighbouring villages and towns. Raiganj, a big village, is 3 kms from Palampur. An all-weather road connects the village to Raiganj and further on to the nearest small town of Shahpur. This village has about 450 families belonging to several different castes. The 80 upper caste families own the majority of land in the village. Their houses, some of them quite large, are made of brick with cement plastering. The SCs (dalits) comprise one third of the population and live in one corner of the village and in much smaller houses some of which are of mud and straw. Most of the houses have electric connections. Electricity powers all the tube wells in the fields and is used in various types of small business. Palampur has two primary schools and one high school. There is a primary health centre run by the government and one private dispensary where the sick is treated. The story of Palampur, an imaginary village, will take us through the different types of production activities in the village. In villages across India, farming is the main production activity. The other production activities, referred to as non- farm activities include small manufacturing, transport, shop-keeping, etc. Every production is organised by combining land, labour, physical capital and human capital, which are known as factors of production.
Question (i)
Raiganj, a big village, is __________ kms from Palampur.
(a) 5
(b) 4
(c) 3
(d) 1
From the paragraph,
Palampur is well-connected with neighbouring villages and towns. Raiganj, a big village, is 3 kms from Palampur. An all-weather road connects the village to Raiganj and further on to the nearest small town of Shahpur. This village has about 450 families belonging to several different castes.
Answer:
(c) Raiganj, a big village, is 3 kms from Palampur.
Question (ii)
Which of the following statement is true with respect to Palampur:
(a) Palampur has one primary school and two high schools.
(b) Palampur has two primary schools and one high school.
(c) Dairy is the main production activity.
(d) The village has about 600 families belonging to several different castes.
From the paragraph,
Electricity powers all the tube wells in the fields and is used in various types of small business . Palampur has two primary schools and one high school . There is a primary health centre run by the government and one private dispensary where the sick is treated. The story of Palampur, an imaginary village, will take us through the different types of production activities in the village.
Answer:
(b) Palampur has two primary schools and one high school.
Question (iii)
Raw materials and money in hand are called:
(a) Working capital
(b) Fixed capital
(c) Human capital
(d) None of the above
Answer:
(a) Working capital
Question (iv)
The variety of inputs required at every stage during production is known as_________.
(a) Physical capital
(b) Labour
(c) Human capital
(d) None of the above
Answer:
(a) Physical capital
Question (v)
How many primary schools and high schools do Palampur has?
From the paragraph,
Electricity powers all the tube wells in the fields and is used in various types of small businesses. Palampur has two primary schools and one high school . There is a primary health center run by the government and one private dispensary where the sick are treated. The story of Palampur, an imaginary village, will take us through the different types of production activities in the village.
Answer:
(a) Palampur has two primary schools and one high school.
Question (vi)
What are the factors of production?
From the paragraph,
In villages across India, farming is the main production activity. The other production activities, referred to as non-farm activities include small manufacturing, transport, shop-keeping, etc. Every production is organized by combining land, labor, physical capital, and human capital, which are known as factors of production.
Answer:
Every production is organized by combining land, labor, physical capital, and human capital, which are known as factors of production.
