Development Experience Of India a Comparison with Neighbors - Online Test
Q1. In China how much percentage of workforce is engaged in agriculture
Answer : Option D
Explaination / Solution:
In the late 1980s, China remained a predominantly agricultural country. As of 1985 about 63 percent of the population lived in rural areas, and nearly 63 percent of the national labor force was engaged in agriculture.
Q2. In Pakistan the reforms were introduced as a result of the pressure from
Answer : Option A
Explaination / Solution:
Reform consists of changes and improvements to a law, social system, or institution. A reform is an instance of such a change or improvement.
Q3. Land area determine
Answer : Option A
Explaination / Solution:
Land area gives how much quantity of crop can be produce with a given land.
Q4. China is emerging ____ largest economy in the world in terms of its GDP size
Answer : Option B
Explaination / Solution:
China today cut its GDP growth target to 6.5 per cent in 2017, a 25-year low, as the world's second largest economy braced for further slowdown with Premier Li Keqiang warning of a far more complicated global picture in the year ahead.The size of a nation's economy is commonly expressed as its gross domestic product, or GDP, which measures the value of the output of all goods and services
Q5. Policy of ‘reform and opening-up’ launched in
Answer : Option B
Explaination / Solution:
reform and opening-up refers to the program of economic reforms termed "Socialism with Chinese characteristics" in the People's Republic of China (PRC) that was started in December 1978 by reformists ...
Q6. Per Capita Income is higher in
Answer : Option B
Explaination / Solution:
Per capita income or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year.
Q7. The reason for slow growth rate and re-emergences of poverty
Answer : Option C
Explaination / Solution:
Debt Trap - There was an increasing dependence on foreign loans and repayment of these loans became difficult. New loans were taken to repay older ones and thus interest obligations mounted over the years.
Q8. Gini Index is related to
Answer : Option C
Explaination / Solution:
The Gini index or Gini coefficient is a statistical measure of distribution developed by the Italian statistician Corrado Gini in 1912. It is often used as a gauge of economic inequality, measuring income distribution or, less commonly, wealth distribution among a population. The coefficient ranges from 0 (or 0%) to 1 (or 100%), with 0 representing perfect equality and 1 representing perfect inequality. Values over 1 are theoretically possible due to negative income or wealth.
Q9. Quality life index is prepared by UNDP for how many countries
Answer : Option D
Explaination / Solution:
The Physical Quality of Life Index (PQLI) is an attempt to measure the quality of life or well-being of a country. The value is the average of three statistics: basic literacy rate, infant mortality, and life expectancy at age one, all equally weighted on a 0 to 100 scale.
Q10. For meaningful comparison common price level base is used because
Answer : Option D
Explaination / Solution:
A price level is the average of current prices across the entire spectrum of goods and services produced in the economy. In a more general sense, price level refers to any static picture of the price of a given good, service or tradable security. Price levels may be expressed in small ranges, such as ticks with securities prices, or presented as a discrete value.
