national income & human development index section 4 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
- As per the 15th edition of the report: “Women and Men in India” published by CSO West Bengal, recorded highest sex ratio in 110 years.
- Bengal’s sex ratio 1050 is at its highest since 1901.
(a) 1 and 2
(b) 2 only
(c) 1 only
(d) None
The correct answers to the above question in:
Answer: (c)
As per the latest report by Central Statistics Office (CSO), West Bengal recorded highest sex ratio in 110 years. As per the 15th edition of the report “Women and Men in India” published by CSO, Bengal’s sex ratio 949 is at its highest since 1901.
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Question : 1
Consider the following statements :
- Higher growth in GDP and population can occur together.
- Per capita income always decreases with high population growth.
a) 2 only
b) 1 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer »Answer: (c)
Higher growth in GDP and population can occur together. Per capita income always decreases with high population growth as income per person decreases with rise in population.
Question : 2
Which one of the following is not a constituent of Human Development Index?
a) Life Expectancy at Birth
b) Health and Nutrition
c) Gross Enrolment Rate
d) Per Capita Income
Answer »Answer: (b)
Question : 3
Consider the following statements in regard to inclusive development:
- Inclusive developments refer to the social inclusion of the socially excluded sections of the society.
- Creating productive and gainful employment opportunities.
a) 2 only
b) 1 only
c) Both 1 and 2
d) Neither 1 nor 2
Answer »Answer: (c)
Inclusive growth is a concept that includes an equitable allocation to every section of society.
It creates an environment of equality in opportunity in all dimensions such as employment creation, market, consumption, and production and has created a platform for people who are poor to access a good standard of living.
Question : 4
Consider the following statements in regards to ‘poverty line’:
- The International Poverty Line according to World Bank is US $ 1.90/day/person based on PPP (Purchasing Power Parity).
- Planning Commission of India has defined poverty line based on intake of calories and is different for rural and urban areas.
a) 1 and 2
b) 2 only
c) 1 only
d) None
Answer »Answer: (c)
In India, poverty line is identified in monetary units as the level of income or consumption expenditure required in order to avoid poverty.
Question : 5
Consider the following statements:
- Kerala had highest HDI in 2012.
- It was around 0.92 in the year 2012 for achieving highest literacy rate, quality health services and consumption expenditure of people.
a) 1 and 2
b) 2 only
c) 1 only
d) None
Answer »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.
Question : 6
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
Answer »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.
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