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. 

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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science and Computer Science at Teachoo