national income & human development index section 1 MCQ Questions & Answers Detailed Explanation

Question : 1

The Per Capita Income in India was ` 20 in 1867-68 was ascertained for the first time by

a) Sir W. Hunter

b) M.G. Ranade

c) Dadabhai Naoroji

d) R.C. Dutta

Question : 2

The most appropriate measure of a country’s economic growth is its

a) Net Domestic Product

b) Gross Domestic Product

c) Per Capita Real Income

d) Net National Product

Question : 3

The most appropriate measure of a country’s economic growth is its

a) Net Domestic Product

b) Gross Domestic Product

c) Net National Product

d) Per capita real income

Question : 4

Planning was considered a prerequisite :

1. For balanced socio-economic development
2. For extending the benefits of development in an even manner.
3. For focussing on removal of regional disparities
4. For maximizing the utilization of available resources

a) 1, 2 and 3

b) 1 and 2

c) 2, 3 and 4

d) All the above

Question : 5

The national income of a country for a given period is equal to the

a) Sum of total consumption and investment expenditure

b) Total value of goods and services produced by the nationals

c) Money value of final goods and services produced

d) Sum of personal income of all individual

Question : 6

The concept of Economic Planning in India is derived from which country?

a) UK

b) USA

c) Russia

d) France