national income & human development index section 4 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 : 7
Which of the following can aid in furthering the Government’s objective of inclusive growth?
- promoting self help group
- promoting micro, small and medium Enterprises
- Implementing the Right to Education Act
a) 1 and 2 only
b) 1 only
c) 2 and 3 only
d) 1, 2 and 3
Answer »Answer: (d)
The Government's objective of inclusive growth can be furthered by promoting self-help groups, promoting micro, small and medium enterprises and implementing the right to education.
This will improve employment opportunities, increase GDP etc.
Question : 8
Human Development Index (HDI) is constructed with reference to
- Life expectancy at birth, real GDP per capita, gross enrolment ratio, adult literacy rate.
- Life expectancy at birth, real GDP per capita, combined gross enrolment ratio, adult literacy rate.
- Life expectancy, GDP per capita, infant mortality rate, literacy rate.
- GDP per capita, infant mortality rate, literacy rate
a) 1 and 3
b) 1 and 2
c) 3 only
d) 1, 2 and 4
Answer »Answer: (b)
HDI is the geometric mean of (i) Life Expectancy Index (LEI), Education Index (EI) and Income Index (II)
HDI =$↖3√{LEI × EI × II}$
LEI =$\text"Life Expectancy - 20"/{82.3 - 20}$
(where 20 and 82.3 are the minimum and maximum values of expectancy of life at birth in years).
EI = $√{MYSLEYSI - 0}/{0.951 - 0}$
where MYSI (Mean Years of Schooling Index)
=${MYS - 0}/{13.2 - 0}$
EYSI (Expected Years of Schooling Index)
= ${EYS - 0}/{20.6 - 0}$
II = $\text"Log Per Capita GNI - log 100"/\text"log(107721) - log100"$
(100 and 107721 are the minimum and maximum values of Per Capita Gross National Income in US $).
Question : 9 [RAS (Pre) 2013]
Which of the following is a sign of economic growth?
a) A sustained increase in real per capita income
b) An increase in national income at constant prices during a year
c) An increase in national income along with increase in population
d) An increase in national income at current prices overtime
Answer »Answer: (a)
Question : 10
Which one of the following states was having the highest Human Development Index in the year 2012?
a) Kerala
b) Assam
c) Uttar Pradesh
d) Madhya Pradesh
Answer »Answer: (a)
The Human Development Index (HDI) is a composite statistic of life expectancy, education, and income used to rank states.
Among the given states Kerala was having the highest Human Development Index around 0.92 in the year 2012 for achieving the highest literacy rate, quality health services and consumption expenditure of people.
Latest HDI of the Indian state - Kerala - Highest (0.797) - Chhattishgarh lowest (NA)
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
-
» Banking, Security Market & Insurance
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