national income & human development index section 2 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 : 1 [PSC (Pre) 2000]
The growth rate of per capita income at current prices is higher than that of per capita income at constant prices, because the later takes into account the rate of
a) increase in price level
b) growth of population
c) increase in the wage rate
d) growth of money supply
Answer »Answer: (a)
Question : 2
In the post-Independence period, economic reforms were first introduced in India under :
a) Indira Gandhi Government (1980)
b) Janata Party Government (1977)
c) Rajiv Gandhi Government (1985)
d) P.V. Narsimha Rao Government (1990)
Answer »Answer: (d)
The economy of India had undergone significant policy shifts at the beginning of the 1990s. This new model of economic reforms is commonly known as the LPG or Liberalization, Privatization and Globalization model.
LPG model of economic development in India was proposed by Dr Manmohan Singh, economist and finance minister at that time under the PV Narasimha Rao Government in 1990.
Question : 3 [RAS (Pre) 2016]
As per the Human Development Report 2015, consider the following statements.
- India ranks 130 out of 188 countries.
- HDI is based on the indices for life expectancy education and PPP.
- In comparison to other nations in the BRICS, India has the lowest rank.
a) Only 2
b) 1 and 2
c) 1, 2 and 3
d) 2 and 3
Answer »Answer: (d)
IMPORTANT indian economy mcq EXERCISES
National Income & Human Development Index Shortcuts »
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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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