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 : 21
From which one of the following enshrined in the constitution, the planning of India derives its objectives and social premises?
a) Fundamental Duties
b) Fundamental Rights
c) Directive Principles of State Policy
d) None of the above
Answer »Answer: (c)
The planning of India derives its objectives and social premises followed by the Directive Principles of State Policy. The Directive Principles of State Policy are guidelines to the central and state governments, to be kept in mind while framing laws and policies.
These provisions, contained in Part IV of the Constitution of India, are not enforceable by any court, but the principles laid down therein are considered fundamental in the governance of the country.
Question : 22
Which of the following is definitely a major indication of the state of the economy of a country?
a) Rate of inflation
b) Rate of GDP growth
c) Number of banks in a country
d) None of these
Answer »Answer: (b)
Rate of GDP growth is a major indication of the state of the economy of a country. Economic growth is the increase in the market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in gross domestic product.
Question : 23
Consider the following statements:
- Kerala had highest HDI in 2012.
- It was around 0.92 in the year 2012 for achieving highest literacy rate, quality health services and consumption expenditure of people.
a) 1 and 2
b) 2 only
c) 1 only
d) None
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.
Question : 24
Consider the following statements in regards to ‘poverty line’:
- The International Poverty Line according to World Bank is US $ 1.90/day/person based on PPP (Purchasing Power Parity).
- Planning Commission of India has defined poverty line based on intake of calories and is different for rural and urban areas.
a) 1 and 2
b) 2 only
c) 1 only
d) None
Answer »Answer: (c)
In India, poverty line is identified in monetary units as the level of income or consumption expenditure required in order to avoid poverty.
Question : 25
Consider the following statements:
- As per the 15th edition of the report: “Women and Men in India” published by CSO West Bengal, recorded highest sex ratio in 110 years.
- Bengal’s sex ratio 1050 is at its highest since 1901.
a) 1 and 2
b) 2 only
c) 1 only
d) None
Answer »Answer: (c)
As per the latest report by Central Statistics Office (CSO), West Bengal recorded highest sex ratio in 110 years. As per the 15th edition of the report “Women and Men in India” published by CSO, Bengal’s sex ratio 949 is at its highest since 1901.
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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