national income & human development index section 2 MCQ Questions & Answers Detailed Explanation
MOST IMPORTANT indian economy mcq - 5 EXERCISES
The following question based on National Income & Human Development Index topic of indian economy mcq
- India ranks 130 out of 188 countries.
- HDI is based on the indices for life expectancy education and PPP.
- In comparison to other nations in the BRICS, India has the lowest rank.
(a) Only 2
(b) 1 and 2
(c) 1, 2 and 3
(d) 2 and 3
The correct answers to the above question in:
Answer: (d)
Practice National Income & Human Development Index (national income & human development index section 2) Online Quiz
Discuss Form
Read more national income human development index Based Indian Economy Questions and Answers
Question : 1
When did the Government of India established the independent Ministry for ‘Women and Child Development’?
a) 1987
b) 1985
c) 1988
d) 1986
Answer »Answer: (b)
Question : 2
One of the problems in calculating National Income in India is
a) Inflation
b) Under-employment
c) Non-monetised consumption
d) Low level of savings
Answer »Answer: (c)
Question : 3
Who coined the term ‘Hindu rate of growth’ for Indian economy?
a) Kirit S. Parikh
b) A.K. Sen
c) Raj Krishna
d) Montek Singh Ahluwalia
Answer »Answer: (c)
The term was coined by Indian economist Raj Krishna.
The Hindu rate of growth is a derogatory term referring to the low annual growth rate of the socialist economy of India before 1991, which stagnated around 3.5% from the 1950s to the 1980s.
Question : 4
In the post-Independence period, economic reforms were first introduced in India under :
a) Indira Gandhi Government (1980)
b) Janata Party Government (1977)
c) Rajiv Gandhi Government (1985)
d) P.V. Narsimha Rao Government (1990)
Answer »Answer: (d)
The economy of India had undergone significant policy shifts at the beginning of the 1990s. This new model of economic reforms is commonly known as the LPG or Liberalization, Privatization and Globalization model.
LPG model of economic development in India was proposed by Dr Manmohan Singh, economist and finance minister at that time under the PV Narasimha Rao Government in 1990.
Question : 5
The growth rate of per capita income at current prices is higher than that of per capita income at constant prices, because the later takes into account the rate of
a) increase in price level
b) growth of population
c) increase in the wage rate
d) growth of money supply
Answer »Answer: (a)
GET National Income & Human Development Index PRACTICE TEST EXERCISES
national income & human development index section 1
national income & human development index section 2
national income & human development index section 3
national income & human development index section 4
national income & human development index section 5
National Income & Human Development Index Shortcuts and Techniques with Examples
Verbal Reasoning
Question & Answer Quiz
Non Verbal Reasoning
Question & Answer Quiz
Quantitative Aptitude
Question & Answer Quiz
Computer MCQ
Question & Answer Quiz
General English
Question & Answer Quiz
History GK
Question & Answer Quiz
Polity GK
Question & Answer Quiz
Geography GK
Question & Answer Quiz
Economy GK
Question & Answer Quiz
General Awareness GK
Question & Answer Quiz
Recently Added Subject & Categories For All Competitive Exams
New 100+ Compound Interest MCQ with Answers PDF for IBPS
Compound Interest verbal ability questions and answers solutions with PDF for IBPS RRB PO. Aptitude Objective MCQ Practice Exercises all competitive exams
Continue Reading »
100+ Mixture and Alligation MCQ Questions PDF for IBPS
Most importantly Mixture and Alligation multiple choice questions and answers with PDF for IBPS RRB PO. Aptitude MCQ Practice Exercises all Bank Exams
Continue Reading »
IBPS Profit and Loss Questions Solved Problems with PDF
Most important Profit and Loss multiple choice questions and answers with PDF for IBPS RRB PO. 100+ Aptitude MCQ Practice Exercises all competitive exams
Continue Reading »
100+ Average Aptitude Questions Answers solutions MCQ PDF
New Average multiple choice questions and answers with PDF for IBPS RRB PO. 100+ Quantitative Aptitude MCQ Practice Exercises all competitive exams
Continue Reading »