books & authors section 6 MCQ Questions & Answers Detailed Explanation

Answer: (a)

Arun Shourie is an Indian journalist, author and politician. He served as an economist with the World Bank (1968–72 and 1975–77), a consultant to the Planning Commission, India, editor of the Indian Express and Times of India and a minister in the government of India (1998–2004).

He was awarded the Ramon Magsaysay Award in 1982. He is an agnostic. Arun Shourie was born in Jalandhar, India. He was the first child of father Hari Dev Shourie and mother Dayawanti Devasher.

Answer: (d)

Answer: (d)

Answer: (d)

Answer: (a)

The term ‘’Hindu rate of growth’ was coined by Indian economist Raj Krishna.

It refers to the low annual growth rate of the planned economy of India before the liberalization of 1991, which stagnated around 3.5% from the 1950s to the 1980s, while per capita income growth averaged 1.3%. The term contrasts with South Korea’s Miracle on the Han River and the Taiwan Miracle.

Answer: (a)