national income & human development index section 1 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 16

In free economy, inequalities in income is due to

a) private property and inheritance

b) free competition

c) differences in the marginal productivity of labour

d) private property only

Answer: (a)

In free economy, inequalities in income is due to private property and inheritance. Economic Inequality is the difference found in various measure of economic well being among individual in a group, or among countries.

Question : 17 [UPCS (Pre) 2001]

The term National Income represents

a) Gross National Product at market price minus depreciation plus net factor Income from abroad

b) Gross National Product at market price minus depreciation

c) Gross National Product at market price minus net factor income from abroad

d) Gross National Product at market price minus depreciation and indirect tax plus subsidies

Answer: (d)

Question : 18 [CDS- 2014-I]

Share of food in total consumption expenditure has been coming down as Per Capita Income grew over time in last sixty years because

a) people have been preferring non-cereal items in their food basket

b) people have been purchasing less food

c) growth in food expenditure has been lower than growth in per capita income

d) percentage of the poor in population has increased over time

Answer: (c)

Share of food in total consumption expenditure has been coming down as per capita income grew over time in last sixty years because growth in food per capita income expenditure has been lower than growth in other.

Question : 19

Consider the following statements:

  1. Agriculture including allied activities accounted for about 55% employment in the country according to census 2011.
  2. The growth in agriculture and allied sectors is a necessary condition for inclusive growth in India.
Which of the statements given above is/are correct?

a) 1 and 2

b) 2 only

c) 1 only

d) None

Answer: (a)

The growth in agriculture and allied sectors is a necessary condition for inclusive growth in India. Agriculture including allied activities accounted for about 55% employment in the country according to census 2011.

Question : 20

As per 2011 census, arrange the following states/union territories in decreasing order of population.

a) Puducherry – Mizoram – Chandigarh – Sikkim

b) Chandigarh – Puducherry – Mizoram – Sikkim

c) Chandigarh – Puducherry – Sikkim – Mizoram

d) Puducherry – Chandigarh – Sikkim – Mizoram

Answer: (a)

  • Puducherry has a population of 1247953,
  • Mizoram 1097206,
  • Chandigarh 1055450 and
  • Sikkim has a population of 610577.

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