Tag: economic development & planning

Questions Related to economic development & planning

Every year the World Development Report is published by the _______.

  1. IBRD (World Bank)

  2. NABARD

  3. RBI

  4. None


Correct Option: A
Explanation:

The first report by the World Bank or International Bank for Reconstruction and Development was published in 1978. Since then, it continues to publish such report annually.

The first World Development Report was titled ___________.

  1. Prospects for Growth and Alleviation of Poverty

  2. Mind and Culture

  3. Sustainable Development in a Dynamic World

  4. Gender Equality and Development


Correct Option: A
Explanation:

The first World Development Report was published in the year 1978. Major focus of this report was given on the issue of the increasing poverty in the previous and that year also how the development should help in eliminating it. 

According to World Development Report of 2016, which of the following country has the highest number of internet users?

  1. China

  2. Brazil

  3. London

  4. India


Correct Option: A
Explanation:

The World Development Report is published since 1978 by International Bank for Reconstruction and Development (IBRD) or World Bank. It is published annually. The report provides in-depth analysis of a specific aspect of economic development with topics such as agriculture, youth, equity, public services delivery, the role of the state, transition economies, labour, infrastructure, health, the environment, risk management, and poverty.

Digital Dividend is the title of World Development Report of the year 2016. It talks about the technologies. According to World Development Report of 2016 the country that has highest number of internet users is China.

The Ease of Doing Business Report, an international publication, is published every year by which of the following organisation(s)?
(A) World Bank
(B) WTO
(C) Reserve Bank of India.

  1. Only (A)

  2. Only (B)

  3. Only (C)

  4. Both (A) and (B)


Correct Option: A
Explanation:

The Ease of Doing Business Report is a report that is published annually. It was developed in 2003. Its aim is to measure the costs to firms of business regulations in 190 countries. It is an international publication which is published by World Bank. World  Bank is an international financial institution.

Thus, the correct answer is A.

Which of the following is not a social sector programme of the Govt of India?

  1. Mid Day Meal scheme

  2. Sarva Siksha Abhiyan

  3. National Rural Health Mission

  4. Look East Policy


Correct Option: D
Explanation:

Mid Day Meal scheme is a programme to better the nutritional standing of school-age children all over the world. Another, Sarva Siksha Abhiyan aims at universalisation of primary education. Moreover, the National Rural Health Mission provides adequate health care. These are all social sector programmes of the Govt of India. However, Look East Policy is not a social sector programme. It is a policy to improve relations with our eastern neighbours and countries of South-East Asia.

Thus, the correct answer is D.

India entered into an agreement to purchase Liquefied Natural Gas (LNG) from some East Asian Nations. This is the part of India's initiative in the direction of _____________.

  1. Look East policy

  2. Switch over to LNG

  3. Business with most favoured nations only

  4. Convention on Supplemental Compen-sation (CSC)


Correct Option: A
Explanation:

India’s Look East Policy is a policy to develop relations of extensive economic and strategic importance with the nations of Southeast Asia. The support from Asian countries has increased India’s importance at the global level. India took an initiative in this direction. It has entered into an agreement to purchase Liquefied Natural Gas(LNG) from some east Asian countries.

Thus, the correct answer is A.

Which one of the following countries is not considered a Newly Industrialized Country (NIC)?

  1. South Africa

  2. Mexico

  3. Brazil

  4. France


Correct Option: D
Explanation:

France is a developed country. International Monetary Fund includes France in the list of advanced economies. Hence, France is not considered a Newly Industrialized Country.
Newly Industrialised Countries are those countries whose economies have not yet reached a developed country's status but whose economic growth is much higher than other developing countries.

Which of the following is not true about farmers in the least Developed Countries (LDCs)?

  1. The staple crop is the chief source of food

  2. Labour is underutilized except for planting and harvesting seasons

  3. On the traditional farm, output is always greater than consumption

  4. Cultivators utilize only a small portion of land


Correct Option: C
Explanation:

The farmers in the least developed countries (LDCs) have staple crop as the chief source of food. Moreover, labour is underutilized in these countries, except for planting and harvesting seasons. Also, cultivators utilise only a small portion of land here.

Thus, the correct answer is C.

The Govt of India has created a women's Self-Help Group Development Fund so that it can reduce their interest burden. What is the size of the fund?

  1. Rs. 100 crores

  2. Rs. 200 crores

  3. Rs. 250 crores

  4. Rs. 500 crores


Correct Option: D
Explanation:

The Govt of India has created the Self-Help Group Development Fund of women. Self Help Groups are being promoted through this fund. It is for the realization of socio-economic development. Also, the fund helps to reduce the interest burden. The size of the fund is Rs. 500 crores.

Thus, the correct answer is D.

As per some newspaper reports , the Asia-Pacific Region is facing various global crises. What are these crises?
A) Financial crises
B) Fuel and food crises
C) Climate change

  1. Only A

  2. Only B

  3. Only C

  4. All A, B and C


Correct Option: D
Explanation:

The various global crises have affected the Asia-Pacific region with unexpected speed and force. These crises include: financial crisis(slow down of economic growth), fuel and food crisis and climatic change.

Thus, the correct the answer is D.