Q. The Harrod-Domar growth model is based on the relationship of what two economic elements?
✅ Correct Answer: (B)
savings and investment
Growth and Development MCQs and Notes
Q. Which of the following is not an important objective of development?
✅ Correct Answer: (D)
all of the above are important objectives of d
Q. For Rostow, which of the following constitute pre-conditions for take-off?
✅ Correct Answer: (A)
investment rate of at least 5% of gnp
Q. In the Solow model, if capital is in the steady state, output:
✅ Correct Answer: (B)
is also in the steady state.
Q. Which of the following is a goal of economic development?
✅ Correct Answer: (D)
all of these answers
Q. A multi-dimensional measure of poverty include includes which of the following elements?
✅ Correct Answer: (D)
all of these answer
Q. Which of the following is not an indicator to measure Multidimensional Poverty Index?
✅ Correct Answer: (D)
profession
Q. Which of following is not a component of Multidimensional Poverty Index?
✅ Correct Answer: (C)
occupation
Q. An underdeveloped economy is characterized by
✅ Correct Answer: (C)
state of deprivation of large proportion of population
Q. A graphical technique that can be used to show the degree of inequality that exists between two variables is the:
✅ Correct Answer: (A)
lorenz curve