Q. The most important indicators of HRD .
✅ Correct Answer: (C)
Both a and b
Economics of Development MCQs and Notes
Q. Economic growth in India will happen necessarily if there is?
✅ Correct Answer: (B)
Capital formation
Q. Gross domestic capital formation is defined as__________.
✅ Correct Answer: (D)
Net addition to stock after depreciation
Q. By growth rate of an economy can be speeded up.
✅ Correct Answer: (C)
Investment in human capital formation
Q. When an economy produces more output per capital the economy is said to be having:
✅ Correct Answer: (B)
Economic growth
Q. We can increase rate of economic growth in India if we increase:
✅ Correct Answer: (C)
Investment
Q. According to R. Nurkse, the inducement to invest in the context of an underdeveloped economy is limited mainly by the:
✅ Correct Answer: (B)
Size of the market
Q. To achieve full economic growth, Malthus laid special emphasis on the proper combination of__________.
✅ Correct Answer: (A)
Production and distribution
Q. The rate of growth of an economy mainly depends upon:
✅ Correct Answer: (D)
All of the above
Q. The concept of economic growth is __________.
✅ Correct Answer: (B)
Narrower than the concept of economic development