Growth and Development MCQs and Notes

S

Shiva Ram • 21.45K Points
Instructor III

Q 71. Progress that meets the needs of the present without compromising the ability of future generations to meet their own needs is

(A) the tragedy of commons.

(B) sustainable development.

(C) net primary productivity (npp).

(D) the impossibility theorem.

R

Ranjeet • 25.13K Points
Instructor II

Q 72. The Lorenz curve shows

(A) patterns of poverty between developed and developing countries.

(B) the change in gdp per capita over time.

(C) the poorest’s income shares fall in the early stages of growth.

(D) income concentration relative to a 45-degree line.

G

Gopal Sharma • 28.64K Points
Instructor II

Q 73. A value of 1 in Gini index represents

(A) low inequality.

(B) maximum inequality.

(C) 100% inequality.

(D) 1% inequality.

R

Ram Sharma • 188.81K Points
Coach

Q 74. Rostow’s economic stages are

(A) the preconditions for take-off, the take-off, the drive to maturity, and the age of creative destruction.

(B) the traditional society, the preconditions for take-off, the take-off, the drive to maturity, and the age of high mass consumption.

(C) the preconditions for consumption, the replication, the drive to maturity, and the age of high mass consumption.

(D) the learning curve, the age of high mass consumption, post-take-off, and the drive to maturity.

P

Priyanka Tomar • 25.98K Points
Instructor II

Q 75. The Harrod-Domar growth model suggests that growth is

(A) directly related to savings and inversely related to the capital/output ratio.

(B) directly related to the capital/output ratio and inversely related to savings.

(C) indirectly related to savings and the capital/output ratio.

(D) directly related to savings and the capital/output ratio

V

Vinay • 19K Points
Tutor I

Q 76. As economic development proceeds, income inequality tends to follow a(n) __________ curve

(A) convex.

(B) inverted u-shaped.

(C) l-shaped.

(D) s-shaped.

R

Ranjeet • 25.13K Points
Instructor II

Q 77. The Human Development Index (HDI) summarizes a great deal of social performance in asingle composite index, combining

(A) disparity reduction rate, human resource development rate and the composite index.

(B) longevity, education and living standard.

(C) minimum schooling, adult literacy and tertiary educational attainment.

(D) human resource training, development and r&d.

R

Rakesh Kumar • 19.20K Points
Tutor I

Q 78. The Physical Quality of Life Index (PQLI) combines three indicators. They are

(A) infant mortality, life expectancy and adult literacy rate.

(B) crime rate, clean environment and quality of housing.

(C) air pollution rate, water pollution rate and sanitation.

(D) health, education and environment.

P

Priyanka Tomar • 25.98K Points
Instructor II

Q 79. Economic development refers to

(A) economic growth.

(B) economic growth plus changes in output distribution and economic structure.

(C) improvement in the well-being of the urban population.

(D) sustainable increases in gross national product.

Growth and Development

Q 71. Progress that meets the needs of the present without compromising the ability of future generations to meet their own needs is

Q 72. The Lorenz curve shows

Q 73. A value of 1 in Gini index represents

Q 74. Rostow’s economic stages are

Q 75. The Harrod-Domar growth model suggests that growth is

Q 76. As economic development proceeds, income inequality tends to follow a(n) __________ curve

Q 77. The Human Development Index (HDI) summarizes a great deal of social performance in asingle composite index, combining

Q 78. The Physical Quality of Life Index (PQLI) combines three indicators. They are

Q 79. Economic development refers to

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