Q. The rate of growth of an economy mainly depends upon ___________ .
✅ Correct Answer: (D)
All of the above
Economics of Development MCQs and Notes
Q. Which of the following is not an indicator of economically underdeveloped countries?
✅ Correct Answer: (C)
Low proportion of labour force in the primary sector
Q. The concept of economic growth is___________.
✅ Correct Answer: (B)
Narrower than the concept of economic development
Q. Which of the following is generally regarded as the true index of economic growth?
✅ Correct Answer: (A)
An increase in national income at constant prices during a year
Q. Which of the following explains the term economic development?
✅ Correct Answer: (D)
All the above
Q. Underdevelopment is defined in terms of?
✅ Correct Answer: (B)
Per capita income
Q. Economic development is characterized by
✅ Correct Answer: (C)
Both A and B
Q. Which of the following explains the term economic growth?
✅ Correct Answer: (D)
All the above are right