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

Question : 1

The philosophy of ‘Laissez-Faire’ is associated with

a) Industrial state

b) Gandhian state

c) Socialist state

d) Welfare state

Question : 2

Consider the following statements about ‘World Happiness Report 2018’ released by United Nations in March 2018.

1. India dropped 11 spots from its ranking in the previous year 2017.
2. Finland with 1st rank is the happiest country.
3. This report includes only 155 countries.

a) Only 1 and 3

b) Only 1

c) Only 2 and 3

d) Only 1 and 2

Question : 3

Harrod-Domar model of growth is based on the concepts of and their equality.

1. Population and productivity growth.
2. Investment and average growth rate of income.
3. Actual, warranted and natural growth rate.
4. Productivity growth and investment growth. Codes:

   a) 3 only

   b) 1 and 4

   c) 1 and 3

   d) 1, 2 and 3

   Answer »

   Answer: (a)

Question : 4

Which among the following are the factors that determine the national income of a country?

a) The state of technical knowledge

b) Quantity and Quality of factors of produced

c) All of the above

d) Economic and Political stability

Question : 5

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 : 6

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