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

Question : 1

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 : 2

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 : 3

Consider the following stages of demographic transition associated with economic development:

1. Low birth rate with a low death rate
2. High birth rate with a high death rate
3. High birth rate with a low death rate

a) 2, 1 and 3

b) 1, 2 and 3

c) 2, 3 and 1

d) 3, 2 and 1

Question : 4

Net National Product (NNP) of a country is

a) GDP plus net income from abroad

b) GDP minus depreciation allowances

c) GNP minus net income from abroad

d) GNP minus depreciation allowances

Question : 5

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 : 6

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