national income & human development index section 1 Practice Questions Answers Test with Solutions & More Shortcuts
National Income & Human Development Index PRACTICE TEST [5 - EXERCISES]
national income & human development index section 1
national income & human development index section 2
national income & human development index section 3
national income & human development index section 4
national income & human development index section 5
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 »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 »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 »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:
- Agriculture including allied activities accounted for about 55% employment in the country according to census 2011.
- The growth in agriculture and allied sectors is a necessary condition for inclusive growth in India.
a) 1 and 2
b) 2 only
c) 1 only
d) None
Answer »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 »Answer: (a)
- Puducherry has a population of 1247953,
- Mizoram 1097206,
- Chandigarh 1055450 and
- Sikkim has a population of 610577.
IMPORTANT indian economy mcq EXERCISES
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indian economy MCQ CATEGORIES
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» Introduction to Indian Economy
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» Planning, Economic Development & Five year Plans
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» National Income & Human Development Index
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» Agriculture Sector, Subsidy and Food Processing
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» Industries, Manufacturing & Service Sectors
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» Inclusive growth, Sustainable development and employment
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» Poverty & Unemployment
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» Introduction to Micro Economics
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» Introduction to Macro Economics
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» Macro fundamentals, GDP, Investment, Growth
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» Demand & Supply, Profit Loss, Inflation & Price Index
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» Fiscal Policy, Public Finance and Monetary Policy
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» Money Supply, Banking and Financial Institutions
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» Taxes Types, Methods & Budgeting Process
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» Banking, Security Market & Insurance
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