Indian Economy - Growth and Development - MCQs with answers - Part 3
1. Which of the following is not an indicator to measure MPI?a. Electricity
b. Flooring
c. Cooking fuel
d. Profession
View Answer / Hide AnswerANSWER: d. Profession
These are the indicators to measure standard of living. Other indicators are drinking water, sanitation etc.
a. Rajasthan
b. Karnataka
c. Madhya Pradesh
d. Kerala
View Answer / Hide AnswerANSWER: c. Madhya Pradesh
The state HDRs document and highlights the disparities within the state, among various districts.
a. Induced investment
b. Autonomous investment
c. Incremental COR
d. None of the above
View Answer / Hide AnswerANSWER: b. Autonomous investment
Autonomous investment is made by the government. Welfare rather than profit is the primary objective here.
a. Induced investment
b. Autonomous investment
c. Incremental COR
d. None of the above
View Answer / Hide AnswerANSWER: c. Incremental COR
COR refers to the number of units of capital required to produce one unit of output.
a. Population growth
b. Capital formation
c. Technical progress in the global economy
d. All the above
View Answer / Hide AnswerANSWER: b. Capital formation
Capital formation refers to investment in tools, machinery, buildings etc.
a. Allowing NBFCs to do banking
b. Increase government spending on health
c. Strengthening mid-day meals scheme
d. All the above
View Answer / Hide AnswerANSWER: d. All the above
Inclusive governance denotes inclusion of schemes and other measures for benefit of all the sections of the society.
a. Deficit financing is absent
b. No export activities
c. No import activities
d. Economy opened to the world
View Answer / Hide AnswerANSWER: d. Economy opened to the world
A closed economy is one where there is no exporting or importing activity. it is generally a feature of underdeveloped economies.
a. unprecedented level of underemployment
b. Drastic fall in income
c. Drastic fall in output and employment
d. All the above
View Answer / Hide AnswerANSWER: d. All the above
Depression is one of the business cycles. Boom, recession, depression and recovery are the phases of a business cycle.
a. Boom
b. Recession
c. Depression
d. Recovery
View Answer / Hide AnswerANSWER: a. Boom
Boom, recession, depression and recovery are the phases of a business cycle.
a. Boom
b. Recession
c. Depression
d. Recovery
View Answer / Hide AnswerANSWER: b. Recession
Boom, recession, depression and recovery are the phases of a business cycle. In this phase, business activity is in low gear.
a. Equal opportunities
b. Financial inclusion
c. equity
d. all the above
View Answer / Hide AnswerANSWER: d. all the above
Inclusive growth strategy involves all the sections of the society.
