Reviewing the Class 8 SST MCQ and Class 8 Social Science Chapter 7 Factors of Production MCQ Questions Online Test with Answers before exams can boost your confidence.
Class 8 Factors of Production MCQ with Answers
MCQ on Factors of Production Class 8
Class 8 SST Chapter 7 Factors of Production MCQ Questions with Answers
Question 1.
Which of the following is NOT considered a factor of production?
(a) Land
(b) Labour
(c) Consumer
(d) Capital
Answer:
(c) Consumer
Question 2.
In economics, the term ‘land’ includes:
(a) Only geographical terrain
(b) Geographical land and natural resources like water, minerals and soil
(c) Urban areas only
(d) Agricultural areas only
Answer:
(b) Geographical land and natural resources like water, minerals and soil
Question 3.
Human capital refers to:
(a) The money a person has
(b) Specialised skills, knowledge and expertise of individuals
(c) The land a person owns
(d) The tools a worker uses
Answer:
(b) Specialised skills, knowledge and expertise of individuals
Question 4.
Kaizen is a Japanese concept that means:
(a) Quality control
(b) Mass production
(c) Continuous improvement
(d) Cost reduction
Answer:
(c) Continuous improvement
Question 5.
Which of the following best describes entrepreneurship?
(a) Working for someone else
(b) Coming up with ideas, taking risks and creating a business to solve problems
(c) Investing money in stock market
(d) Managing government resources
Answer:
(b) Coming up with ideas, taking risks and creating a business to solve problems
Question 6.
What does technology do in production?
(a) Replaces all other factors
(b) Is only used in modern industries
(c) Acts as an enabler, increasing productivity of other factors
(d) Is optional in most industries
Answer:
(c) Acts as an enabler, increasing productivity of other factors
Question 7.
India’s Corporate Social Responsibility law of 2014 requires eligible companies to spend what percentage of their average profits of the last three years on CSR activities?
(a) 1 per cent
(b) 2 per cent
(c) 3 per cent
(d) 5 per cent
Answer:
(b) 2 per cent
Question 8.
According to the Economic Survey 2024, what percentage of India’s population is below age 35?
(a) 45 per cent
(b) 55 per cent
(c) 65 per cent
(d) 75 per cent
Answer:
(c) 65 per cent
Question 9.
According to Bibek Debroy, India’s future growth depends on efficient use of :
(a) Technology only
(b) Land, labour, capital
(c) Foreign trade
(d) Natural disasters
Answer:
(b) Land, labour, capital
Question 10.
Factors of production refer to:
(a) Only natural resources
(b) Government resources
(c) Finished goods
(d) Inputs used to produce goods and services
Answer:
(d) Inputs used to produce goods and services
Question 11.
Which of the following is not a stage in production?
(a) Raw materials
(b) Conversion processes
(c) Marketing
(d) Consumption
Answer:
(d) Consumption
Question 12.
What does the example of Ratna’s restaurant highlight?
(a) Only money is needed
(b) Business requires planning and resources
(c) The Government runs businesses
(d) Labour alone is sufficient
Answer:
(b) Business requires planning and resources
Question 13.
Select which does not fall under a factor of production.
(a) Land
(b) Labour
(c) Capital
(d) Advertising
Answer:
(d) Advertising
Factors of Production Class 8 Assertion and Reasoning Questions
The following questions consist of two statements – Assertion (A) and Reason (R). Answer these questions by selecting the correct option:
(a) Both A and R are true and R is the correct explanation of A.
(b) Both A and R are true but R is not the correct explanation of A.
(c) A is true but R is salse.
(d) A is false hut R is true.
1. (A) : Agriculture is considered labour-intensive production.
(R) : Agriculture requires little human effort and depends only on machinery.
Answer:
(c) The assertion is true because agriculture involves substantial human effort in activities like planting, weeding, irrigation and harvesting. The reason is false because agriculture depends more on labour than on large investments in capital and machinery.
2. (A) : Healthcare systems contribute to developing human capital.
(R) : Healthy workers are more productive and miss fewer days due to illness.
Answer:
(a) Both statements are true, and the fact that healthcare improves worker productivity directly explains why healthcare systems contribute to human capital development.
3. (A) : Technology has reduced geographical barriers to learning and employment.
(R) : SWAYAM provides free online courses and National Career Service helps people find jobs.
Answer:
(b) The reason gives examples of technology-based platforms, but it does not directly explain how technology reduces geographical barriers to learning and employment.
4. (A) : India has a demographic dividend due to its young population.
(R) : 65 per cent of India’s population is below age 35 according to Economic Survey 2024.
Answer:
(a) Both statements are true, and the large percentage of young, working-age population directly explains why India has a demographic dividend that can be leveraged for economic growth.
5. Assertion (A): India is a major outsourcing destination.
Reason (R): India provides skilled services at a lower cost.
Answer:
(a) Both (A) and (R) are true and R is the correct explanation of (A).
6. Assertion (A): Unskilled workers need advanced training to perform tasks.
Reason (R): They usually perform simple routine work.
Answer:
(d) (A) is false but (R) is true.
7. Assertion (A): A process that is required for the skills to do a particular job is called Training.
Reason (R): The Process of learning, knowing, and understanding is called cognitive.
Answer:
(b) Both (A) and (R) true but (R) is not the correct explanation of (A).
8. Assertion (A): Lal Bahadur Shastri resigned as Railway Minister after a train accident.
Reason (R): Productivity is not a part of it, but its utility.
Answer:
(a) Both (A) and (R) are true and R is the correct explanation of (A).
Factors of Production Class 8 Fill in the Blanks
1. Land in economics includes geographical land and ______ like water, minerals and forests.
Answer:
natural resources
2. ______is the application of scientific knowledge to improve production processes.
Answer:
Technology
3. ______ refers to the specialised skills and knowledge that make labour more productive and valuable.
Answer:
Human capital
4. _______ countries outsource due to cheap labour and skilled services.
Answer:
Developed
5. _______ is the process of assigning tasks to individuals based on their skills.
Answer:
Job Allocation
6. _______ is the ability to use knowledge effectively to perform a task.
Answer:
Competency
7. Training is given to improve _______ and productivity.
Answer:
Efficiency
8. _______ is a leading outsourcing hub due to affordable manpower.
Answer:
India.
Factors of Production Class 8 True or False
1. Labour and human capital mean the same thing in economics.
Answer:
False Labour refers to physical and mental effort, while human capital refers to specialised skills, knowledge and expertise that make that labour more productive and valuable.
2. India was the first nation to pass a Corporate Social Responsibility law in 2014.
Answer:
True
3. Technology always replaces labour and makes workers unemployed.
Answer:
False Technology does not always replace labour. It can make work more efficient, improve productivity and sometimes change the way people work.
4. Skilled workers can only perform simple tasks.
Answer:
False
5. Unskilled workers require no specific education or training.
Answer:
True
6. Soft skills include communication and leadership abilities.
Answer:
True
7. Skill gap occurs when available skills match job requirements.
Answer:
False
8. India is one of the largest outsourcing hubs in the world.
Answer:
True
Factors of Production Class 8 Match the Following
Question 1.
| Column I | Column II |
| (i) Adult Literacy Rate | A. An entrepreneurial venture with limited resources aiming for rapid growth |
| (ii) Dividend | B. Percentage of people aged 15+ who can read and write with understanding |
| (iii) Supply Chain | C. Money paid regularly by a company to shareholders from profits |
| (iv) Startup | D. Network of individuals and organisations involved in production and sale of goods |
| (v) Skill | E. The ability to do an activity well with practice and training |
Answer:
| Column I | Column II |
| (i) Adult I.iteracy Rate | B. Percentage of people aged 15+ who can read and write with understanding |
| (ii) Dividend | C. Money paid regularly by a company to shareholders from profits |
| (iii) Supply Chain | D. Network of individuals and organisations involved in production and sale of goods |
| (iv) Startup | A. An entrepreneurial venture with limited resources aiming for rapid growth |
| (v) Skill | E. The ability to do an activity well with practice and training |
Question 2.
| Column A | Column B |
| 1. Skilled Worker | (a) Basic labour, no training |
| 2. Unskilled Worker | (b) Can operate machines and tools |
| 3. Soft Skills | (c) Work interaction and behaviour |
| 4. Outsourcing | (d) Shifting work to other countries |
Answer:
| Column A | Column B |
| 1. Skilled Worker | (b) Can operate machines and tools |
| 2. Unskilled Worker | (a) Basic labour, no training |
| 3. Soft Skills | (c) Work interaction and behaviour |
| 4. Outsourcing | (d) Shifting work to other countries |
Factors of Production Class 8 Passage Based Questions
1. Read the following passage carefully and answer the questions that follow :
Indians used a unique stitching technique dating back over 2000 years to make ships and boats, which they used to conduct maritime trade and cultural exchanges across the Indian Ocean. The technique involved stitching wooden planks together using cords instead of nails, which made them flexible and helped the ships navigate the Indian Ocean with ease.
Question 1.
Name the unique method that ancient Indians used to build ships.
(a) Iron welding
(b) Riveting metal sheets
(c) Stitching wooden planks with cords
(d) Using stone anchors
Answer:
Question 2.
Find the reason behind the stitching of ships with cords instead of using nails.
(a) It made the ships flexible for ocean navigation
(b) Nails were not good for this task
(c) It made the ships lighter for river travel
(d) None of these
Answer:
(a) It made the ships flexible for ocean navigation
Question 3.
How old is the technique of stitched shipbuilding?
(a) 500 years
(b) 1000 years
(c) 5000 years
(d) 2000 years
Answer:
(d) 2000 years
Factors of Production Class 8 Map-Based Questions
Question 1.
Locate and label the following on the map of India:
1. Name a state where a high unskilled labour workforce is concentrated, and locate it on the map.
Answer:
Bihar-B
2. Identify the coastal state known for maximum skilled IT exports.
Answer:
Karnataka (Bengaluru)-A.