Tag: economics

Questions Related to economics

India is at the _____ place in Gender Equality Index.

  1. 25th

  2. 68th

  3. 95th

  4. 122nd


Correct Option: C
Explanation:

The Gender Equality Index shows the loss in potential human development due to disparity between female and male achievements in two dimensions, empowerment and economic status, and reflects a country's position relative to normative ideals for the key dimension of women's health. India is at the 95th place in Gender Equality index.

In order to measure the quality of human life, the United Nations Development Programme has formed a criterion known as ________.

  1. Human Development Index

  2. National Income Distribution Index

  3. Per capita income

  4. Resource index


Correct Option: A
Explanation:

The Human Development Index (HDI) is a composite statistic of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development.

The average life expectancy, educational achievement and standard of living is called _________.

  1. Happiness Index

  2. Human Development Index

  3. Pricing Index

  4. None of the above


Correct Option: B
Explanation:

The Human Development Index (HDI) is a composite statistic of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development.

In India, the job participation rate among men is 54.6, whereas among women it is only ____________.

  1. 22.8

  2. 27.3

  3. 32.1

  4. 18.4


Correct Option: A
Explanation:

The job participation rate is a measurement of active workforce in an economy. It is calculated by dividing the actively employed or employment seeking  population by the total civilian working age population. 

However, the job rate population is declining in India. For the men, this rate is 54.60. For the women, this rate is even much lower i.e. only 22.8.

Thus, the correct answer is A.

In 2011, the Human Development Index of India was _______.

  1. 0.929

  2. 0.504

  3. 0.547

  4. 0.687


Correct Option: C
Explanation:

The national average HDI for India in 2008 was 0.467. By 2010, its average HDI had risen to 0.519. UNDP, the sponsor of Human Development Index methodology since 1990, reported India's HDI to be 0.554 for 2012, an 18% increase over its 2008 HDI.

Balanced growth means __________.

  1. The growth of the different segments of economy in a harmonious manner

  2. Equal percentage growth in out put

  3. A balanced rise in the resources allocated

  4. Natural growth rate of different segments of economy


Correct Option: A
Explanation:

The different segments of economy comprise of primary, secondary and tertiary or service sectors. Economic growth should be balanced. It should be balanced in terms of sustainability, less inflation and harmony in the development of different segments. 

Thus, balanced growth refers to the growth of different segments of the economy in a harmonious manner.

Thus, the correct answer is A.

"Zero population growth" implies ________.

  1. a rate of growth giving a stable population

  2. the birth and death rates are near to zero

  3. the birth and death rates are equal

  4. low birth rate and low death rate


Correct Option: C
Explanation:

Zero population growth is a condition where the number of people in a population remains unchanged. It means that the population neither grows or declines. This kind of demographic balance can be achieved when the growth and death rate are equal. Zero population growth is also referred to as the replacement level of fertility.

Thus, the correct answer is C.

Population growth rate in India was negative in the decade _________.

  1. $1901-11$

  2. $1911-21$

  3. $1921-31$

  4. $1931-41$


Correct Option: B
Explanation:

The Indian population growth rate was negative in the decade 1911-1921. The year 1921 is termed as the year of great divide as the population post 1921 saw a consistent growth.

A sustained high rate of growth of an economy depends upon _________.

  1. high-rate of growth of the agricultural sector

  2. continuous emergence of new inventions and new innovations

  3. change in occupational structure in favour of industry

  4. Rapid industrialisation


Correct Option: B
Explanation:

A sustained high rate of growth is a rate which is achieved by adopting environment-friendly measures. It doesn’t create any kind of economic problems too. It helps the present generation to satisfy its needs without compromising with the needs of the future generation. It depends upon the continuous emergence of new innovations and inventions.

Thus, the correct answer is B.

What is Fertility Rate?

  1. The total number of children born in a country in a given year divided by the number of children dead

  2. The average number of children born to a woman during her reproductive years

  3. The number of births in a country divided by total population in a given year

  4. The number of women in the age group of $15-45$ years in a country divided by total number of women dying during child birth


Correct Option: B
Explanation:

Fertility Rate means the number of children born to an average woman during her reproductive years. When we talk about fertility rate, we mean the number of live births in women over a specific length of time.