Development Experiences India & Neighbours test - 15

Comparing GDP between two countries requires converting to a common currency.Deviations from parity imply differences in purchasing power of a "basket of goods" across countries, which means that for the purposes of many international comparisons, countries' GDPs or other national income statistics need to be "PPP-adjusted" and converted into common units. The best-known purchasing power adjustment is the "International Dollar":The real exchange rate is then equal to the nominal exchange rate, adjusted for differences in price levels. If purchasing power parity held exactly, then the real exchange rate would always equal one.

China is the largest nation and occupies the largest area among India,Pakistan, and China.

The population of Pakistan is very small and accounts for roughly about one-tenth of China or India. Though China is the largest nation and geographically occupies the largest area among the three nations, its density is the lowest.

India is indeed one of the largest investigators of anti-dumping investigations against China. This reflects the trade tensions and competition between the two countries, leading to frequent anti-dumping investigations by India against Chinese imports.

The Republic of China, also known as Nationalist China, was established in1949.

“In China, the contribution of the secondary sector is Highest”. This is because of Great leap forward and Reform of 1978.

In addition to the Civil Nuclear Deals with the United States and France, India also has a Civil Nuclear Deal with Canada. This agreement facilitates cooperation in civil nuclear energy, including trade in nuclear materials, equipment, and technology between India and Canada. The deal enhances India's access to nuclear technology and resources for peaceful purposes, supporting its energy security and development goals.

China's GDP grew at an average of 9.8% during 1979-2014.

In the later phase of reforms in China, reforms were introduced underPrivate sector firms.

In the later phase, reforms were initiated in the industrial sector. During this phase, the private firms and village and township enterprises were allowed to produce goods and services and to compete with the State Owned Enterprises. The reforms also included dual pricing.

Density of population: Population density refers to the number of people living in a given area. While population density can influence factors such as access to resources and infrastructure, it is not considered a direct indicator of human development levels. Human development is more closely linked to factors such as education, healthcare, income distribution, and overall quality of life.

Therefore, the statement "The density of population of a country is the true indicator of its human development levels" is incorrect because population density alone does not provide a comprehensive understanding of human development.

Pakistan is more Urbanized (38%) than India (32%), historically the difference was even higher. Pakistan inherited Lahore and Karachi, two of the big cities, more than \(21 \%\) of its population resides in 3 cities, one would think it would be easier for them to provide education. Somehow Pakistan has not developed interest for education and quality education.