Tag: economic development & planning

Questions Related to economic development & planning

State whether the following statements are True or False:
India has 25% of the world's population.

  1. True

  2. False


Correct Option: B
Explanation:

According to the demographics, world’s population refers to the total number of people or human beings who are currently living. It was estimated to have reached a figure of 7.8 billion people as of March 2020. Moreover, India is referred to as the second most populated country in the world. Also, it has been estimated to have 17.7% of the total word’s population.

Thus, the correct answer is B.

Fill in the blanks from the alternatives given.
India occupies ______% of the total world land area.

  1. 2.4

  2. 4.2

  3. 3.3

  4. none of these


Correct Option: A
Explanation:

The percentage of area occupied by India is 2.4 percent of the total land area of the world. However, it tends to support 16.7 percent of the world's population.

Thus, the correct answer is A.

Fill in the blanks from the alternatives given.
The year ___ is described as the year of Great Divide.

  1. 1947

  2. 1951

  3. 1921

  4. none of these


Correct Option: C
Explanation:

The year 1921 is referred to as a “year of the great divide” in the demographic history of India. It is when the mortality started to decline which lead to an acceleration in the rate of population growth. Also, during the next three decades (1921-51) the  population growth rate continued at a level of over one per cent per annum.

Thus, the correct answer is C.

State whether the following statements are True or False:
The year 1911 is known as the "year of great divide."

  1. True

  2. False


Correct Option: B
Explanation:

The year 1921 is called a Great Divide in the demographic history of India because it is the only census year when there was decline{decrease} in growth of population. After 1921, there has been a trend of continuous rise in population.

Fill in the blanks from the alternatives given.
India is in the ___ stage of demographic transition.

  1. third 

  2. first 

  3. second

  4. none of these


Correct Option: C
Explanation:

Demographic Transition is a model which is used to represent the movement of high birth and death rates to low birth and death rates. This transition takes place when a country develops from a pre-industrial to an industrialized economic system. India is in this second stage of demographic transition.

Thus, the correct answer is C.

Transport system creates ____________ utility.

  1. Place

  2. Form

  3. Time

  4. Total


Correct Option: A
Explanation:

Transportation assists in transferring of goods and persons from place to place. Thus, it creates a utility of place. This has considerably contributed to the development of the economy and also led to social, political and cultural unification. In this way, the transport sector has contributed significantly to India's GDP, employment and also FDI inflows.

Thus, the correct answer is A.

State whether the following statements are True or False.
U.S.A. has adopted centrally planned economic system.

  1. True

  2. False


Correct Option: B
Explanation:

The United States of America is a union of fifty states in North America. It is the world's third-largest economy. It is a mixed economy. That means it operates as a free market economy in consumer goods and business services.

India was ranked at which position in the Global Competitiveness Report (GCR) $2016-2017$?

  1. $10$

  2. $39$

  3. $55$

  4. $69$


Correct Option: B
Explanation:

India was ranked at 39th position in the Global Competitiveness Report (GCR) 2016-2017. Global Competitiveness Report is published by the World Economic Forum once a year. It helps to analyze the sustainable current and medium level possibility of economic growth and development.

In the World Banks Ease of doing Business Ranking 2015 India is placed at the  ________________.

  1. 154 place out of the total 184 economies

  2. 142 place out of the total 189 economies

  3. 148 place out of the total 190 economies

  4. 146 place out of the total 188 economies


Correct Option: B
Explanation:

In the World Banks Ease of doing Business Ranking 2015 India is placed at the 142 place out of the total 189 economies.A high ease of doing business can be defined as a situation where ranking the regulatory environment is more conducive to the starting and operation of a local firm.

NSSO stand for ________.

  1. None of the below

  2. National Standard Statistics Organization

  3. National Saving Scheme Organization

  4. National Sample Survey Organization


Correct Option: D
Explanation:

NSSO stands for National Sample Survey Organization. It helps to conduct socio-economic surveys. This organization is under the Ministry of statistics of the government of India. It was established in the year of 1950.