national income & human development index section 4 MCQ Questions & Answers Detailed Explanation

Question : 1

The existence of a parallel economy or black money

a) makes the monetary policies less effective

b) makes the economy more competitive

c) ensure a better distribution of income and wealth

d) ensure increasing productive investment

Question : 2

From which one of the following enshrined in the constitution, the planning of India derives its objectives and social premises?

a) Fundamental Duties

b) Fundamental Rights

c) Directive Principles of State Policy

d) None of the above

Question : 3

Which of the following is definitely a major indication of the state of the economy of a country?

a) Rate of inflation

b) Rate of GDP growth

c) Number of banks in a country

d) None of these

Question : 4

The first measure of India’s National Income was made by

a) Dadabhai Naoroji

b) William Digby

c) V.K.R.V. Rao

d) M.G. Ranade

Question : 5

Economic Survey in India is published by

a) Planning Commission

b) Ministry of Finance

c) Indian Statistical Institute

d) Ministry of Commerce

Question : 6

The World Investment Report (WIR) is published by

a) General Agreement on Tariffs on Trade (GATT)

b) International Monetary Fund (IMF)

c) Organisation of Economic Cooperation and Development (OECD)

d) United Nations Conference on Trade and Development (UNCTAD)