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

Question : 1

Which of the following is/are the component(s) of Gross Domestic Capital Formation (GDCF)?

1. Gross Domestic Saving
2. Net Capital Inflow
3. Direct Foreign Investment

a) Only 2

b) Only 1

c) Both 1 and 2

d) Only 3

Question : 2

Indian economy has witnessed highest growth rate in GDP in the year

a) 2004 – 05

b) 2003 – 04

c) 2005 – 06

d) 2006 – 07

Question : 3

The most appropriate measure of a country’s economic growth is its

a) Net Domestic product

b) Gross Domestic product

c) Net National product

d) Per capita real income

Question : 4

The “Dual Economy” is a mixture of ?

a) state ownership of the means of production

b) industrial sector and manufacturing sectors

c) traditional agriculture sector and modern industrial sector

d) industrial sector and trading of goods obtained through imports

e) None of these

Question : 5

Consider the following statements in regard to inclusive development:

1. Inclusive developments refer to the social inclusion of the socially excluded sections of the society.
2. Creating productive and gainful employment opportunities.

a) 2 only

b) 1 only

c) Both 1 and 2

d) Neither 1 nor 2

Question : 6

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