10 Questions MCQ Test Indian Economy for UPSC CSE - Test: Development - 2
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The total income of the country divided by its total population is Called:
Detailed Solution for Test: Development - 2 - Question 1
The total income of the country is the income of all the residents of the country. For comparison between countries, total income is not such a useful measure. Since countries have different population, comparing total income will not tell us what an average people is likely to earn. Hence we compare the average income which is the total income of the country divided by its total population.
So, Average income = Total income /Total population
The average income is also called per capita income.
Human Development Index compares countries based on which of the following levels of the people ?
Detailed Solution for Test: Development - 2 - Question 6
The Human Development Index (HDI) is a composite statistic (composite index) of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development. A country scores higher HDI when the lifespan is higher, the education level is higher, and the GDP per capita is higher. The HDI was developed by Pakistani economist Mahbub ul Haq for the UNDP.
Which country among the following is a developing country ?
Detailed Solution for Test: Development - 2 - Question 8
Firstly, India has a very low per capita income as compared to the developed countries. Our per capita income was as low as $5610 as estimated in 2014.The proportion of the workforce with respect to the population engaged in agriculture is much less in developed countries as compared to India.
Detailed Solution for Test: Development - 2 - Question 9
Money cannot buy all the goods and services that a person may need to live well. Income by itself is not a completely adequate indicator of material goods and services that citizens are able to use. For example, normally, money cannot buy a pollution-free environment or ensure that a person gets unadulterated medicines, unless a person can afford to shift to a community that already has all these things. Money may also not be able to protect individual from infections, disease, unless the whole of our community takes preventive steps.
Which State in India has the lowest Infant Mortality Rate?
Detailed Solution for Test: Development - 2 - Question 10
Madhya Pradesh has recorded the highest infant mortality rate of 48 for every 1,000 live births while Kerala has registered the lowest -- just seven, according to the latest data of the Registrar General and Census Commissioner of India.
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