Tag: economic development & planning

Quizzes (7) Questions (33)

Questions Related to economic development & planning

Multiple choice economic development & planning concept of development economics

The abbreviation UIDAI stands for ________________.

  1. Unique Identification Division of All India

  2. Unique Identification Department of Ancient India

  3. Unique Identity Division of Ancient India

  4. Unique Identification Authority of India
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Unique Identification Authority of India (UIDAI) is an agency of the Government of India responsible for implementing the AADHAAR scheme, which aims to provide a unique identification number for all residents of India.

Multiple choice economic development & planning concept of development economics

State whether the following statements are True or False.
India is not a developing country.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

 Indian is a developing economy of the world. Some features like low per capita income, higher population below poverty line, poor infrastructure, agriculture based economy and lower rate of capital formation, tagged it as a developing economy in the world.

Multiple choice economic development & planning concept of development economics

Globally India ranks in ______________________.

  1. third position with 4,200 Start-ups

  2. fourth position with 4,200 Start-ups

  3. second position with 4,500 Start-ups

  4. fifth position with 4,800 Start-ups
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Globally India ranks in third position with 42000 start ups. The start-up schemes provide loans to entrepreneurs of the Scheduled Caste and Scheduled Tribes as well as women. The start-up helps to promote the culture of innovation and entrepreneurship in India. It also promotes economic growth and development.

Multiple choice economic development & planning concept of development economics

Which of the following has not been concluded by the World Development Report-2018?

  1. Nations' best long-term investment is in the education.

  2. Internet is a pure public good.

  3. Investment in health should be given priority over education.

  4. Mechanization of farm sector has increased employment opportunities.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Pure public goods are available free to all which is not case with the internet. One country, Finland, has defined access to the internet (at broadband speeds) as a legal right and pursues a universal access policy.

Multiple choice economic development & planning concept of development economics

The backbone of economic development is_________________.

  1. agriculture sector

  2. manufacturing sector

  3. corpoarate sector

  4. banking sector
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The manufacturing sector is considered as the backbone of the economic development of the country because of the following reasons:

(1) The manufacturing sector helps in modernizing agriculture which increases agricultural productivity.
(2) The export of manufactured goods expands trade and commerce.
(3) Manufacturing industries reduce the heavy dependence of people on agricultural income by providing them jobs in secondary and tertiary sectors.

Multiple choice economic development & planning concept of development economics

Word Development Report was released on _________ 2016.

  1. January 15th

  2. January 26th

  3. January 14th

  4. None
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

International Bank for Reconstruction and Development (IBRD) or World Bank publishes the World Development Report (WDR) every year. This report provides a depth analysis of various aspects of economic development. 

World Development Report, 2016 was published on January 14th, 2016. The criterion used for the preparation of the report is per capita income.

Thus, the correct answer is C.

Multiple choice economic development & planning concept of development economics

Digital Dividend was the title of the World Development Report for the year ________.

  1. 2014

  2. 2016

  3. 2015

  4. 2012
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

International Bank for Reconstruction and Development ( IBRD) or the World Bank publishes the World Development Report every year. The criterion used for preparation is per capita income. 

World Development Report, 2016 was published on January 14th, 2016. The title of the report for this year was “Digital Dividend”. The title was given as, it explores the impact of various technologies in the development of the economy.

Thus, the correct answer is B.

Multiple choice economic development & planning concept of development economics

The world development report is published _______.

  1. annually

  2. biannually

  3. once in 5 years

  4. once in 10 years
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The World Development Report is published annually since 1978. World Bank has taken per capital income as the base for economic development.