national income & human development index section 3 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 : 6 [UPSC (Pre) 2008]
Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India?
a) Service, Agriculture, Industry
b) Service, Industry, Agriculture
c) Industry, Agriculture, Service
d) Industry, Service, Agriculture
Answer »Answer: (b)
Question : 7
Consider the following statements:
- The percentage of urban population in India according to 2011 census is 31.16.
- Uttar Pradesh is the most populated state in India according to 2011 census.
a) 1 and 2
b) 2 only
c) 1 only
d) None
Answer »Answer: (a)
Both the statements are correct.
Question : 8
Which one of the following countries has the highest percentage of the services sector in the GDP of the country?
a) France
b) United States
c) United Kingdom
d) Spain
Answer »Answer: (b)
The economy of France is the world’s largest single national economy.
It has the highest percentage of the services sector in the GDP equivalent to 79.8%.
The service sector percentage for India is 56.9%
Question : 10
Which one of the following is not a method of measurement of National income?
a) Income Method
b) Value Added Method
c) Expenditure Method
d) Investment Method
Answer »Answer: (d)
The investment method is not a method of measurement of National income.
There are three methods of measurement:
- income method,
- product or value-added method and
- the expenditure method.
The investment method is only appropriate if the property is let or operated under a management structure by a third party. Income method - Under this method National income is measured as a flow of factor income.
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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