Tag: need for sustainable development

Questions Related to need for sustainable development

Economic growth is fully measurable because it is measured using qualitative indicators.

  1. True

  2. False


Correct Option: B

Economic development relates to the problems faced by the present day's __________ countries.

  1. rich

  2. developed

  3. developing

  4. underdeveloped


Correct Option: C

Which among the following is a limitation of per capita income?

  1. Neglects composition of national output.

  2. Ignores distribution of income.

  3. Social costs are not accounted for.

  4. All of the above


Correct Option: D

Economic growth relates to the problems faced by __________ countries.

  1. poor

  2. developed

  3. developing

  4. underdeveloped


Correct Option: B

Per capita income fails to measure development in various aspects such as the ___________ dimensions of the country.

  1. social

  2. human

  3. institutional

  4. all of the above


Correct Option: D

Economic development is not fully measurable because it is measured based on both quantitative as well as qualitative variables.

  1. True

  2. False


Correct Option: A
Explanation:

True. 

Economic development refers to the economic growth of the economy in both quantitative as well as qualitative terms which includes all aspects and has become a main and central theme of economic thought throughout the years. It includes reduction in poverty, income inequality as well as unemployment.  

_____________ is the measure of output per head of population.

  1. Head-count ratio

  2. Per capita income (PCI)

  3. GNP

  4. Human development index (HDI)


Correct Option: B

Real per capita income is a partial index of economic development and economic welfare.

  1. True

  2. False


Correct Option: A

India's per capita Income is _______.

  1. 220 dollars

  2. 1670 dollars

  3. 2930 dollars

  4. 600 dollars


Correct Option: B
Explanation:

Per capita income is an important criterion used to measure the development of countries. It is also known as average income. It is calculated to know what an average purpose is likely to earn. 

On the basis of per capita income, the countries are classified as rich and low-income countries. This is calculated in dollars for all countries so that the comparison can be made. 

In this context, India’s per capita income is 1670 dollars.

Thus, the correct answer is B.

The main problem of Indian economy is ________.

  1. population growth

  2. rampant corruption

  3. acute shortage of water

  4. inflation


Correct Option: A