Indian Economy - Growth and Development - MCQs with answers - Part 2
1. Which of the following about strategy of unbalanced growth is right?a. Deliberate imbalance in favor of some sectors
b. Simultaneous investment in all sectors
c. Both
d. None
View Answer / Hide AnswerANSWER: a. Deliberate imbalance in favor of some sectors
This strategy says that there will be positive impact on the sectors that are lagging behind and they will also try to catch up with it.
i. Unbalanced growth strategy is also known as Mahalanobis strategy
ii. This strategy was adopted in India after the 7th five year plans.
a. I only
b. ii only
c. both
d. none
View Answer / Hide AnswerANSWER: a. I only
India adopted this growth strategy after independence itself. The second five year plan emphasized on the development of heavy industries.
a. Morris D Morris
b. UNO
c. UNDP
d. Oxford Poverty and Human Development Initiative
View Answer / Hide AnswerANSWER: a. Morris D Morris
Physical Quality of Life Index is one of the indicator to measure human development. It is calculated by using simple average.
a. Life Expectancy Index
b. Standard of living index
c. Infant mortality rate
d. A and C
View Answer / Hide AnswerANSWER: d. A and C
PQLI has 3 parameters- life expectancy index, infant mortality rate and basic literacy index.
i. The Oxford PHI publishes Human Development Report
ii. The HDR is published biennially.
a. I only
b. ii only
c. both
d. none
View Answer / Hide AnswerANSWER: d. none
The United Nations Development Programme (UNDP) published the HDR every year since 1990.
a. Morris D Morris
b. Adam Smith
c. Keynes
d. Mahbub Ul Haq
View Answer / Hide AnswerANSWER: d. Mahbub Ul Haq
The concept developed in the 1990s. It has 3 important parameters- life expectancy, education achievement index and standard of living index.
a. Life expectancy index
b. Infant mortality rate
c. Population growth rate
d. All the above
View Answer / Hide AnswerANSWER: a. Life expectancy index
The concept developed in the 1990s. It has 3 important parameters- life expectancy, education achievement index and standard of living index.
a. The UNDP
b. Oxford HDI
c. The UNO
d. Morris D Morris
View Answer / Hide AnswerANSWER: b. Oxford HDI
The MPI concept is developed by the Oxford Human Development Initiative. It has three main dimensions to it.
a. Health
b. Education
c. Occupation
d. Standard of living
View Answer / Hide AnswerANSWER: c. Occupation
MPI has 3 important dimensions to it- health, education and standard of living. Based on these , there are ten parameters.
i. Each indicator in educational dimesion is equally weighted at 1/6
ii. Each indicator in standard of living is equally weighted at 1/8
a. I only
b. ii only
c. both
d. none
View Answer / Hide AnswerANSWER: a. I only
while education and health dimensions measure each indicators at equal weightage of 1/6, for standard of living it is 1/18
