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Goods and Services

NIOS · Class 10 · Economics

Practice quiz for Goods and Services — NIOS Class 10 Economics. MCQs and questions with answers to test your preparation.

54 questions34 flashcards5 concepts

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Quick Quiz: Goods and Services

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1

Which pair correctly matches the way goods and services satisfy human wants?

2

Which feature belongs to goods and not services?

3

Which feature belongs to services and not goods?

4

Which item is an example of a consumer good?

54 Questions·
multiple choicemultiple correct

Sample Questions

1multiple choice
1 marks

Which item is an example of a producer good?

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Machinery

Machinery helps produce other goods, so it is a producer good.

2multiple choice
1 marks

Which item is classified as a free good in the chapter examples?

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Sand in a desert

Sand in a desert is given as an example of a free good because it is available in abundance there.

3multiple choice
1 marks

Which item is classified as an economic good in the chapter examples?

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Water

Water is treated as an economic good when demand is greater than supply and it commands a price.

4multiple choice
1 marks

Which item is a consumer service?

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Tailor stitching your shirt

A tailor stitching a shirt for a household is directly used by a consumer, so it is a consumer service.

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Frequently Asked Questions

What are the important topics in Goods and Services for NIOS Class 10 Economics?
Key topics in Goods and Services include Classification of Goods and Services, Complete Overview of Goods and Services, Classification of Goods and Services. These are the concepts NIOS Class 10 examiners draw on most — study them first, then practise related questions.
How to score full marks in Goods and Services — NIOS Class 10 Economics?
Understand the core concepts first, then work through the 54 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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