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Development Experiences India & Neighbours test - 5

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Development Experiences India & Neighbours test - 5
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  • Question 1
    1 / -0

    Which of the following are regional and economic groups?

    (i) SAARC (ii) GLF (iii) ASEAN (iv) G-8

    Solution

    The South Asian Association for Regional Cooperation (SAARC) is the regional intergovernmental organisation and geopolitical union of nations in South Asia. Its member states include Afganistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka.

    The GLF program started in 1958 sought to increase the productivity through increased socialist organisation of the rural economy, ie., rural people's communes and producer's co-operatives.

    The Association of Southeast Asian Nations  is a regional intergovernmental organisation comprising ten South Asian states which promotes Pan-Asianism, intergovernmental cooperation and facilitates economic, political, military, educational and cultural integration amongst its members and Asian States.

    The Group of Eight (G8) refers to the group of eight highly industrialized nations—France, Germany, Italy, the United Kingdom, Japan, the United States, Canada, and Russia—that hold an annual meeting to foster consensus on global issues like economic growth and crisis management, global security, energy, and terrorism.

  • Question 2
    1 / -0

    When was the first five year plan started in China

    Solution

    The period 1953–57, corresponding to the First Five-Year Plan, was the beginning of China's rapid industrialization, and it is still regarded as having been enormously successful. A strong central governmental apparatus proved able to channel scarce resources into the rapid development of heavy industry.

  • Question 3
    1 / -0

    System under which people collectively cultivated land is known as

    Solution

    Under the commune system, the farmers were encouraged to cultivate land collectively and not individually.

  • Question 4
    1 / -0

    PPP GDP per capita growth rate of India during (1990-2007) is

    Solution

    The Gross Domestic Product per Capita in India was recorded at 6092.60 US Dollars in 2016, when adjusted by PPP. The GDP per capita, in India, when adjusted by PPP is equivalent to 34% of world's average. GDP per capita PPP in Indian averaged 3256.23 USD from 1990until 2016, reaching an all time high of 6092.60 USD in 2016 and a record low of 1737.60 USD in 1991.

  • Question 5
    1 / -0

    The size of population is comparatively very small in Pakistan just about ____ of China

    Solution

    The current population of Pakistan is 197,098,396 , based on the latest United Nations estimates. Pakistan population is equivalent to 2.62% of the total world population.Pakistan ranks number 6 in the list of countries (and dependencies) by population. China ranks number 1 in the countries.

  • Question 6
    1 / -0

    China’s HDI rank in the world is ____

    Solution

     "The HDI is the actual level of human development (accounting for inequality)" and "the HDI can be viewed as an index of "potential" human development (or the maximum IHDI that could be achieved if there were no inequality)".

  • Question 7
    1 / -0

    Structural changes is

    Solution

    A structural change is an economic condition that occurs when an industry or market changes how it functions or operates.

  • Question 8
    1 / -0

    In China reforms were introduced in 1978 because

    Solution

    Economic reforms introducing market principles began in 1978 and were carried out in two stages. The first stage, in the late 1970s and early 1980s, involved the decollectivization of agriculture, the opening up of the country to foreign investment, and permission for entrepreneurs to start businesses.

  • Question 9
    1 / -0

    Green revolution refers to

    Solution

    The Green Revolution refers to a set of research and development of technology transfer initiatives occurring between the 1930s and the late 1960s, that increased agricultural production worldwide, particularly in the developing world, beginning most markedly in the late 1960s. The initiatives resulted in the adoption of new technologies and new methods of cultivation.The initiatives, led by Norman Borlaug, the "Father of the Green Revolution".

  • Question 10
    1 / -0

    Common success of India and Pakistan except

    Solution

    Must be able to plan the work-unit's budget and manage income and expenditure, through responsible implementation of policies, practices and decisions in order to achieve unit objectives effectively and efficiently.

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