national income & human development index section 5 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 11 [UPSC (Pre) 2018]

‘Rule of Law Index’ is released by which of the following?

a) The office of UN Commissioner for Human Rights

b) Amnesty International

c) World Justice Project

d) International Court of Justice

Answer: (c)

Question : 12 [UPPCS (Pre) 2018]

The Human Development Index (HDI) was first developed by which of the following?

a) UNICEF

b) UNDP

c) UNCTAD

d) IMF

Answer: (b)

Question : 13 [UPSC (Pre) 2000]

In an open economy, the National Income (y) of the economy is (C, I, G, X, M, Y stand for Consumption, Investment, Government Expenditure, Total Exports, Total Imports and National Income, respectively). Select the correct answer from the following.

a) Y = I + G – X + M

b) Y = C + I + G + X

c) Y = C + I – G + (X – M)

d) Y = C + I + G + (X – M)

Answer: (d)

Question : 14

One of the problems in calculating the national income in India currently is

a) inflation

b) under-employment

c) non-monetised consumption

d) low savings

Answer: (c)

Question : 15 [HPPSC (Mains) 2014]

National Sample Survey Office (NSSO) was established in the year

a) 1951

b) 1950

c) 1948

d) 1947

Answer: (b)

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1214 National Income based indian economy MCQ section 5 question answer with explanation pdf

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