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

Question : 1

Consider the following statements:

1. Agriculture including allied activities accounted for about 55% employment in the country according to census 2011.
2. The growth in agriculture and allied sectors is a necessary condition for inclusive growth in India.

a) 1 and 2

b) 2 only

c) 1 only

d) None

Question : 2

As per 2011 census, arrange the following states/union territories in decreasing order of population.

a) Puducherry – Mizoram – Chandigarh – Sikkim

b) Chandigarh – Puducherry – Mizoram – Sikkim

c) Chandigarh – Puducherry – Sikkim – Mizoram

d) Puducherry – Chandigarh – Sikkim – Mizoram

Question : 3

Consider the following statements :

1. In the history of Indian planning, the actual growth rate of the GDP has never been higher than the targeted growth rate.
2. In the first five year plan, the actual GDP growth rate was more than the targeted growth rate.

a) 2 only

b) 1 only

c) Both 1 and 2

d) Neither 1 nor 2

Question : 4

The term National Income represents

a) Gross National Product at market price minus depreciation plus net factor Income from abroad

b) Gross National Product at market price minus depreciation

c) Gross National Product at market price minus net factor income from abroad

d) Gross National Product at market price minus depreciation and indirect tax plus subsidies

Question : 5

In free economy, inequalities in income is due to

a) private property and inheritance

b) free competition

c) differences in the marginal productivity of labour

d) private property only

Question : 6

Consider the following statements:

1. In India, more than 85% agriculture workers are mainly casual labourers.
2. Agriculture labourers in India are mainly dominated by the backward classes.

a) 1 and 2

b) 2 only

c) 1 only

d) None