national income & human development index section 3 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
(a) Current daily status
(b) Current monthly status
(c) Usual principal status
(d) Current weekly status
The correct answers to the above question in:
Answer: (b)
Practice National Income & Human Development Index (national income & human development index section 3) Online Quiz
Discuss Form
Read more national income human development index Based Indian Economy Questions and Answers
Question : 1
Which one of the following is not a method of measurement of National income?
a) Income Method
b) Value Added Method
c) Expenditure Method
d) Investment Method
Answer »Answer: (d)
The investment method is not a method of measurement of National income.
There are three methods of measurement:
- income method,
- product or value-added method and
- the expenditure method.
The investment method is only appropriate if the property is let or operated under a management structure by a third party. Income method - Under this method National income is measured as a flow of factor income.
Question : 2
The main source of National income in India is
a) agriculture
b) service sector
c) industrial sector
d) trade sector
Answer »Answer: (b)
The service sector is one of the three economic sectors. it includes:
- telecommunication,
- hospitality industry/tourism,
- mass media,
- healthcare/hospitals,
- information technology,
- banking,
- insurance,
- investment management,
- accountancy,
- legal services,
- consulting,
- retail sales,
- real estate, and
- education.
The maximum contribution to national income comes from the service sector which contributes more than 50%.
Question : 3
The multi-dimensional poverty index of UNDP includes
a) 12 indicators
b) 8 indicators
c) 14 indicators
d) 10 indicators
Answer »Answer: (d)
Question : 4
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
Answer »Answer: (b)
The economy of France is the world’s largest single national economy.
It has the highest percentage of the services sector in the GDP equivalent to 79.8%.
The service sector percentage for India is 56.9%
Question : 5
Consider the following statements:
- The percentage of urban population in India according to 2011 census is 31.16.
- 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
Answer »Answer: (a)
Both the statements are correct.
Question : 6
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
Answer »Answer: (b)
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
100+ Quadratic Equation Questions Answers PDF for Bank
Quadratic Equation multiple choice questions with detailed answers for IBPS RRB SO. more than 250 Attitude practice test exercises for all competitive exams
Continue Reading »
IBPS Aptitude Linear Equations MCQ Questions Answers PDF
Linear equations multiple choice questions with detailed answers for IBPS RRB SO. more than 250 Attitude practice test exercises for all competitive exams
Continue Reading »
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 »