AKUEB Solved MCQs, CRQs & ERQs (Grade 10th)

Chapter # 6 Economic Development – MCQs

Economic disparity among different region can be a cause of

A) Employment

B) Unity

C) Disintegration

D) Prosperity

Correct Answer: C) Disintegration

Explanation: When there is significant economic disparity among different regions within a country, it can lead to social and political tensions, ultimately resulting in disintegration or fragmentation of the nation. Economic inequality can create feelings of resentment, marginalization, and deprivation among the population of less prosperous regions. This can fuel regional disparities, exacerbate social unrest, and weaken national cohesion and unity. In extreme cases, economic disparities can contribute to separatist movements or calls for autonomy, leading to disintegration or the breakup of a country. Therefore, Option C, Disintegration, is a possible consequence of economic disparity among different regions.

Which of the following is not the contribution of cottage and small scale industries?

A) Employment opportunity

B) Increase in Exports

C) Reduction of economic disparity

D) Increase in Imports

Correct Answer: D) Increase in Imports

Explanation: Cottage and small-scale industries typically contribute to the economy by providing employment opportunities, fostering local entrepreneurship, and supporting rural development. They also play a role in increasing exports by producing goods for international markets. Additionally, these industries can help reduce economic disparity by decentralizing economic activities and promoting balanced regional development.

However, increasing imports is not typically considered a contribution of cottage and small-scale industries. In fact, these industries often focus on producing goods domestically to meet local demand and reduce dependence on imported products. Therefore, Option D, Increase in Imports, is not a contribution of cottage and small-scale industries.

Which of the following cities is famous for the production of sports goods?

A) Lahore

B) Karachi

C) Sialkot

D) Texila

Correct Answer: C) Sialkot

Explanation: Sialkot, located in the Punjab province of Pakistan, is renowned for its sports goods industry. It is a major hub for the production of a wide range of sports equipment, including footballs, cricket gear, gloves, and other sporting accessories. Sialkot’s sports goods industry has earned international recognition for its quality products and contributes significantly to Pakistan’s exports in this sector. Therefore, Option C, Sialkot, is the correct answer.

Banking and insurance companies can be included in the category of

A) Small Scale Industries

B) Primary Industries

C) Tertiary Industries

D) Secondary Industry

Correct Answer: C) Tertiary Industries

Explanation: Tertiary industries, also known as the service sector, encompass a wide range of economic activities that involve the provision of services rather than the production of goods. Banking and insurance services fall under this category as they involve providing financial services to individuals, businesses, and other entities. Tertiary industries play a crucial role in supporting and facilitating economic activities across all sectors by offering services such as banking, insurance, healthcare, education, transportation, and entertainment. Therefore, Option C, Tertiary Industries, is the appropriate category for banking and insurance companies.