national income & human development index section 3 MCQ Questions & Answers Detailed Explanation

Question : 1

Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India?

a) Service, Agriculture, Industry

b) Service, Industry, Agriculture

c) Industry, Agriculture, Service

d) Industry, Service, Agriculture

Question : 2

Consider the following statements:

1. The percentage of urban population in India according to 2011 census is 31.16.
2. Uttar Pradesh is the most populated state in India according to 2011 census.

a) 1 and 2

b) 2 only

c) 1 only

d) None

Question : 3

Which one of the following countries has the highest percentage of the services sector in the GDP of the country?

a) France

b) United States

c) United Kingdom

d) Spain

Question : 4

Among Indian economists, who had done pioneering work on National Income?

a) Prof. Shenoi

b) P. N Dhar

c) V. K. R. V Rao

d) Jagdish Bhagwati

Question : 5

The term National Income represents:

a) Gross national product at market prices minus depreciation plus net factor income from abroad.

b) Gross national product at market prices minus depreciation

c) Gross national product at market prices minus depreciation and indirect taxes plus subsidies.

d) Gross national product at market prices minus net factor income from abroad.

Question : 6

The “Dual Economy” is a mixture of ?

a) industrial sector and manufacturing sectors

b) traditional agriculture sector and modern industrial sector

c) state ownership of the means of production

d) industrial sector and trading of goods obtained through imports

e) None of these