national income & human development index section 2 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 11 [CDS-2012-I]

National income ignores

a) salary of employees

b) sales of a firm

c) exports of the IT sector

d) sale of land

Question : 12 [HPPSC (Pre) 2018]

What was India’s estimated GDP growth rate for 2018-19 in the Economic survey?

a) 7.2% - 7.5%

b) 6.3% - 7.1%

c) 7% - 7.2%

d) 7% - 7.5%

Question : 13

Consider the following statements:

1. Minimum Wages Act is only applicable to the scheduled employments of the centres and the states.
2. Minimum Wages Act has allowed discrimination between male and female workers or different minimum wages for them.

a) 1 and 2

b) 2 only

c) 1 only

d) None

Question : 14

GDP deflator is used to :

a) measure the inflation in a country.

b) measure the relative reduction in GDP growth rate of a country.

c) compare the GDP of a country vis a vis other countries of the world.

d) estimate the purchasing power of the citizen of a country.

Question : 15

Consider the following statements:

1. According to the data studied by planning commission in 2011–12, 21.9% of the population of India falls under the poverty line.
2. The incidence of poverty is measured by the poverty ratio, which is the ratio of number of poor to the total population expressed as percentage.

a) 1 and 2

b) 2 only

c) 1 only

d) None