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Consider the following pairs:
1. Economic Growth: Increase in economic variables over a period of time.
2. Economic Development: Improvement in the standard of living from low-income to high-income.
3. Progress: Specific economic connotations focused on quantifiable metrics.
4. World Happiness Report: Resource provided by the World Bank.
How many pairs given above are correctly matched?
- a)Only one pair
- b)Only two pairs
- c)Only three pairs
- d)All four pairs
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Consider the following pairs:1. Economic Growth: Increase in economic...
1. Economic Growth: Increase in economic variables over a period of time.
- This is correctly matched. Economic growth is indeed defined as an increase in economic variables such as GDP, income, etc., over a period of time.
2. Economic Development: Improvement in the standard of living from low-income to high-income.
- This is correctly matched. Economic development refers to the growth of the standard of living in a nation, transitioning from a low-income (poor) economy to a high-income (rich) economy, involving qualitative improvement in well-being.
3. Progress: Specific economic connotations focused on quantifiable metrics.
- This is incorrectly matched. Progress is a broad term that lacks specific economic connotations and is not solely focused on quantifiable metrics. It signifies overall improvement, which can be qualitative as well as quantitative.
4. World Happiness Report: Resource provided by the World Bank.
- This is incorrectly matched. The World Happiness Report is actually published by the United Nations Sustainable Development Solutions Network (SDSN), not the World Bank.
Hence, only pairs 1 and 2 are correctly matched.
Most Upvoted Answer
Consider the following pairs:1. Economic Growth: Increase in economic...
Analysis of the Pairs
To determine how many pairs are correctly matched, we need to evaluate each statement.
1. Economic Growth
- Definition: Refers to the increase in economic variables such as GDP over a period of time.
- Correctness: This pair is correctly matched, as economic growth does indeed signify an increase in economic metrics.
2. Economic Development
- Definition: Encompasses improvements in living standards, including transitions from low-income to high-income status.
- Correctness: This pair is also correctly matched, as economic development involves broader improvements in quality of life, not solely income levels.
3. Progress
- Definition: Often associated with advancements, but it is not strictly limited to quantifiable metrics.
- Correctness: This pair is incorrectly matched; progress can refer to qualitative improvements and societal advancements beyond mere quantification.
4. World Happiness Report
- Definition: A publication that measures well-being and happiness levels across countries, but it is produced by the Sustainable Development Solutions Network (SDSN) and not specifically by the World Bank.
- Correctness: This pair is incorrectly matched, as the World Happiness Report is not a resource provided by the World Bank.
Conclusion
- After careful evaluation, only two pairs are correctly matched: Economic Growth and Economic Development. Thus, the correct answer is option 'B', indicating that only two pairs are accurate.
To determine how many pairs are correctly matched, we need to evaluate each statement.
1. Economic Growth
- Definition: Refers to the increase in economic variables such as GDP over a period of time.
- Correctness: This pair is correctly matched, as economic growth does indeed signify an increase in economic metrics.
2. Economic Development
- Definition: Encompasses improvements in living standards, including transitions from low-income to high-income status.
- Correctness: This pair is also correctly matched, as economic development involves broader improvements in quality of life, not solely income levels.
3. Progress
- Definition: Often associated with advancements, but it is not strictly limited to quantifiable metrics.
- Correctness: This pair is incorrectly matched; progress can refer to qualitative improvements and societal advancements beyond mere quantification.
4. World Happiness Report
- Definition: A publication that measures well-being and happiness levels across countries, but it is produced by the Sustainable Development Solutions Network (SDSN) and not specifically by the World Bank.
- Correctness: This pair is incorrectly matched, as the World Happiness Report is not a resource provided by the World Bank.
Conclusion
- After careful evaluation, only two pairs are correctly matched: Economic Growth and Economic Development. Thus, the correct answer is option 'B', indicating that only two pairs are accurate.
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Consider the following pairs:1. Economic Growth: Increase in economic variables over a period of time.2. Economic Development: Improvement in the standard of living from low-income to high-income.3. Progress: Specific economic connotations focused on quantifiable metrics.4. World Happiness Report: Resource provided by the World Bank.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'B'. Can you explain this answer?
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Consider the following pairs:1. Economic Growth: Increase in economic variables over a period of time.2. Economic Development: Improvement in the standard of living from low-income to high-income.3. Progress: Specific economic connotations focused on quantifiable metrics.4. World Happiness Report: Resource provided by the World Bank.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following pairs:1. Economic Growth: Increase in economic variables over a period of time.2. Economic Development: Improvement in the standard of living from low-income to high-income.3. Progress: Specific economic connotations focused on quantifiable metrics.4. World Happiness Report: Resource provided by the World Bank.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following pairs:1. Economic Growth: Increase in economic variables over a period of time.2. Economic Development: Improvement in the standard of living from low-income to high-income.3. Progress: Specific economic connotations focused on quantifiable metrics.4. World Happiness Report: Resource provided by the World Bank.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'B'. Can you explain this answer?.
Consider the following pairs:1. Economic Growth: Increase in economic variables over a period of time.2. Economic Development: Improvement in the standard of living from low-income to high-income.3. Progress: Specific economic connotations focused on quantifiable metrics.4. World Happiness Report: Resource provided by the World Bank.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following pairs:1. Economic Growth: Increase in economic variables over a period of time.2. Economic Development: Improvement in the standard of living from low-income to high-income.3. Progress: Specific economic connotations focused on quantifiable metrics.4. World Happiness Report: Resource provided by the World Bank.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following pairs:1. Economic Growth: Increase in economic variables over a period of time.2. Economic Development: Improvement in the standard of living from low-income to high-income.3. Progress: Specific economic connotations focused on quantifiable metrics.4. World Happiness Report: Resource provided by the World Bank.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'B'. Can you explain this answer?.
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ample number of questions to practice Consider the following pairs:1. Economic Growth: Increase in economic variables over a period of time.2. Economic Development: Improvement in the standard of living from low-income to high-income.3. Progress: Specific economic connotations focused on quantifiable metrics.4. World Happiness Report: Resource provided by the World Bank.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
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