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Development Test - 8

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Development Test - 8
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Weekly Quiz Competition
  • Question 1
    1 / -0
    HDI stands for _______________.
    Solution
    HDI stands for Human Development Index. It is a composite statistic of life expectancy, education, and income per capita indicators, which are used to rank countries into four tiers of human development.
  • Question 2
    1 / -0
    Agriculture contributes nearly _________ of the GDP in India.
    Solution
    • Agriculture plays a vital role in India’s economy.
    • Nearly 60% of Indian population depends on agriculture.
    • Agriculture contributes nearly 14% of GDP.
  • Question 3
    1 / -0
    The rise in per capita income in the Seventh Five Year Plan was _____.
    Solution
    Under the Seventh Five-Year Plan, India strove to bring about a self-sustained economy in the country with valuable contributions from voluntary agencies and the general populace. The target growth rate was 5.0% and the actual growth rate was 6.01%. and the growth rate of per capita income was 3.7%.
  • Question 4
    1 / -0
    Which of the following is a low-Income country?
    Solution
    • UK, Japan, and Singapore are developed economies. They have high per capita income.
    • South Africa is a 'Developing Country' with low-income levels.
    • South Africa is the 2nd largest economy in Africa after Nigeria.
  • Question 5
    1 / -0
    Which of the following neighbouring country has "high" per capita income?
    Solution
    • Nepal per capita Income  is 1450 US$
    • India per capita income is 3139 US$
    • Bangladesh per capita income is 1870 US$
    • Sri Lanka per capita income is 4389 US$
  • Question 6
    1 / -0
    Which one of the following statements appropriately describes the "fiscal stimulus"?
  • Question 7
    1 / -0
    The agency that estimates the national income of India is called the ________________.
    Solution
    National Income estimates in India is prepared by: A. Central Statistical Organisation (CSO).
  • Question 8
    1 / -0
    Which one of the following is a developmental goal which is common to all?
    Solution
    Developmental goal common to all is high levels of income and better quality of life.
  • Question 9
    1 / -0
    Which of the following is a developed country?
    Solution
    Indonesia - Developing country
    Bangladesh - Underdeveloped country
    Sri Lanka - Developing country
    America - Developed country
  • Question 10
    1 / -0
    Economic development of a region depends on ________________________.
    Solution
    • Economic development of a region depends on technological advancement, needs and aspirations of the people and availability of resources. 
    • Economic growth alone doesn't ensure economic development in a country.
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