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Indian Economy MCQs

V

Vijay Sangwan • 19.12K Points
Tutor I

Q 11. Indicator of HDI is:

(A) Longevity
(B) Educational Attainment
(C) Standard of Living
(D) All of the above
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R

Rakesh Kumar • 19.20K Points
Tutor I

Q 12. When and by whom was HDI introduced?

(A) In 1990 by UNDP
(B) In 1989 by World Bank
(C) In 1990 by UNO
(D) In 1989 by IMF
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V

Vinay • 19K Points
Tutor I

Q 13. If an economy is underdeveloped, it means:

(A) Agriculture is the main occupation
(B) Standard of living of people is low
(C) Production Techniques are backward and obsolete
(D) All of the above
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R

Ranjeet • 25.13K Points
Instructor II

Q 14. India is passing through the phase of population:

(A) Explosion
(B) Control
(C) Stability
(D) None of the above
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R

Ram Sharma • 188.81K Points
Coach

Q 15. During the recessionary phase of a business cycle:

(A) The natural rate of unemployment will increase dramatically
(B) Potential national income will exceed actual national income
(C) Actual national income will exceed potential national income
(D) The real rate of interest will exceed the nominal rate of interest.
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R

Ranjeet • 25.13K Points
Instructor II

Q 16. Disguised unemployment means:

(A) Unemployment in agriculture
(B) Unemployment due to recession
(C) Unemployment due to downturn in business activity
(D) Marginal Productivity of Labour (MPL) is zero.
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R

Rakesh Kumar • 19.20K Points
Tutor I

Q 17. The vicious circle theory states that

(A) growing government assistance create addiction to welfare programs.
(B) low income levels create pressure for money creation.
(C) low income levels create pressure for cheap imports.
(D) low per capita income creates low savings that keep incomes low
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R

Ranjeet • 25.13K Points
Instructor II

Q 18. Measuring number of people who die is

(A) Infant note
(B) Migration Note
(C) Morality rate
(D) none
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V

Vikash Gupta • 24.35K Points
Instructor III

Q 19. What is Literacy rate

(A) Number of illiterate persons to total populations
(B) Number of graduate peoples to total population
(C) Number of literate persons to total population
(D) none
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P

Priyanka Tomar • 25.98K Points
Instructor II

Q 20. A Closed economy means:

(A) Money supply is controlled
(B) Digital financing take place
(C) Neither exports nor imports
(D) none
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