Practice

The Value of Work — Practice

15 questions 15 min Recall + understand

Q1. According to the chapter, economic activities are those that
- A. are done only out of love and care
- B. involve money or are done for money or money's worth
- C. never involve any payment
- D. are performed only by the government
Q2. Non-economic activities are those that
- A. always generate large amounts of money
- B. do not generate income or wealth but are done out of feelings like love and care
- C. are illegal in most countries
- D. are only done by paid workers
Q3. In the chapter, a 'market' is defined as
- A. a place only for storing goods
- B. a place where people engage in the exchange of goods and services
- C. a government office that collects taxes
- D. a school where children learn trade
Q4. A payment made to a person or organisation in exchange for professional advice or services is called a
- A. wage
- B. salary
- C. fee
- D. payment in kind
Q5. A fixed regular payment, generally paid monthly by an employer to an employee, is called a
- A. fee
- B. salary
- C. wage
- D. donation
Q6. A payment made by the employer to the worker for a specific period of time is called a
- A. salary
- B. fee
- C. wage
- D. prasad
Q7. A non-cash payment received for the work performed, such as Sahil receiving mangoes, is called
- A. payment in kind
- B. salary
- C. money's worth
- D. value addition
Q8. 'Money's worth' is best described in the chapter as
- A. the weight of coins a person carries
- B. the monetary value a person places on an object based on the benefit they derive from it
- C. the total money in a bank
- D. the colour of currency notes
Q9. In Anu and Kabir's story, what work does their neighbour Geeta Aunty do?
- A. She is a tailor
- B. She is a pilot in the Indian Air Force
- C. She runs a vegetable shop
- D. She is a school teacher
Q10. When economic activities add value at each stage of transforming something into another form, this is called
- A. value addition
- B. payment in kind
- C. sevā
- D. community participation
Q11. In the chapter, the Hindi word 'sevā' refers to
- A. a daily wage
- B. selfless service
- C. a fixed monthly salary
- D. a market fee
Q12. According to the chapter, 'langars' at gurudwaras are community kitchens that
- A. sell food at high prices
- B. serve food to every visitor for free
- C. are open only to employees
- D. charge a monthly fee
Q13. The Swachh Bharat Abhiyan is described in the chapter as based on
- A. the collective efforts of all Indian citizens to keep our surroundings clean
- B. a single company cleaning all cities
- C. a tax paid by farmers
- D. a foreign aid programme
Q14. Van Mahotsav, mentioned in the chapter, is celebrated in India to
- A. promote awareness about the value of trees and conservation of forests
- B. sell timber in the market
- C. collect fees from villages
- D. build new highways
Q15. In the chapter's example, what is the profession of Kavya's father, Rajesh?
- A. a pilot
- B. a carpenter
- C. a software engineer
- D. a post office clerk

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