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 Income alone is not a completely adequate indicator of development of a country. Which one of the following is not correct with regard to this statement?
  • a)
    Money cannot ensure a pollution free environment for individual
  • b)
    Some people earn more than others do
  • c)
    Money helps us buy only material goods and services
  • d)
    Money does not ensure respect and dignity for individuals
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Income alone is not a completely adequate indicator of development of ...
National Income is significant measure to comprehend the economic development but not adequate & reasons are:

National Income is not guarantee of equal distribution of wealth/income among peopleNational income is  no guarantee of number of poverty reductionNational income is no guarantee of more employment opportunitiesNational income is no guarantee of high standard of livingwhich are essential indicators of economic development.

Hence answer (D) is coorect

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Most Upvoted Answer
Income alone is not a completely adequate indicator of development of ...
Explanation:

The statement "Income alone is not a completely adequate indicator of development of a country" means that there are other factors that contribute to the overall development of a country other than just income. The correct option that does not support this statement is option D, which states that "Money does not ensure respect and dignity for individuals." This is incorrect because money can indeed influence the level of respect and dignity that individuals receive in a society. However, the other options are correct and support the statement:

a) Money cannot ensure a pollution free environment for individuals: This is true because pollution is not just a result of individual actions but also of industrial and governmental practices.

b) Some people earn more than others: This is true because income inequality is a reality in most countries, and it affects the overall development of a country.

c) Money helps us buy only material goods and services: This is true because money can only buy material things like food, clothing, and shelter, but it cannot buy intangible things like happiness or love.

In summary, while income is an important factor in the development of a country, it is not the only factor, and other things like social and environmental factors also play a crucial role.
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Community Answer
Income alone is not a completely adequate indicator of development of ...
A is right
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Income alone is not a completely adequate indicator of development of a country. Which one of the following is not correct with regard to this statement?a)Money cannot ensure a pollution free environment for individualb)Some people earn more than others doc)Money helps us buy only material goods and servicesd)Money does not ensure respect and dignity for individualsCorrect answer is option 'D'. Can you explain this answer?
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Income alone is not a completely adequate indicator of development of a country. Which one of the following is not correct with regard to this statement?a)Money cannot ensure a pollution free environment for individualb)Some people earn more than others doc)Money helps us buy only material goods and servicesd)Money does not ensure respect and dignity for individualsCorrect answer is option 'D'. Can you explain this answer? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Income alone is not a completely adequate indicator of development of a country. Which one of the following is not correct with regard to this statement?a)Money cannot ensure a pollution free environment for individualb)Some people earn more than others doc)Money helps us buy only material goods and servicesd)Money does not ensure respect and dignity for individualsCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Income alone is not a completely adequate indicator of development of a country. Which one of the following is not correct with regard to this statement?a)Money cannot ensure a pollution free environment for individualb)Some people earn more than others doc)Money helps us buy only material goods and servicesd)Money does not ensure respect and dignity for individualsCorrect answer is option 'D'. Can you explain this answer?.
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