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

Answer: (c)

The planning of India derives its objectives and social premises followed by the Directive Principles of State Policy. The Directive Principles of State Policy are guidelines to the central and state governments, to be kept in mind while framing laws and policies.

These provisions, contained in Part IV of the Constitution of India, are not enforceable by any court, but the principles laid down therein are considered fundamental in the governance of the country.

Answer: (b)

Rate of GDP growth is a major indication of the state of the economy of a country. Economic growth is the increase in the market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in gross domestic product.

Answer: (a)

The Human Development Index (HDI) is a composite statistic of life expectancy, education, and income used to rank states.

Among the given states, Kerala was having the highest Human Development Index around 0.92 in the year 2012 for achieving the highest literacy rate, quality health services and consumption expenditure of people.

Answer: (d)

NIFA = GNP - GDP

NIFA: refers to the net flow of property income to and from the rest of the world plus the net flow of compensation of employer.

Answer: (a)

Answer: (b)