Tag: development and growth

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Questions Related to development and growth

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

If the total income of the country is divided by the total population, then the obtained total average income of an individual is known as _______.

  1. Annual income

  2. Per capita income

  3. Daily income

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

Per capita income is a measure of the amount of money earned per person in a certain area. It helps us address issues like the quality of life and the living conditions we can expect for specific areas.It can be calculated for a country by dividing the country's national income by its population.

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

Due to which report did the concept of sustainable development gain importance?

  1. World Environmental Report, 1995

  2. World Commission of Envrionment and Development Report, 1987

  3. World Environmental Concern Association Report, 1976

  4. None of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation
Sustainable development basically refers to the development in a strategic way where the needs of the present generation are met without compromising the ability of future generations to meet their own need. The concept of sustainable development gained high importance in the world commission of environment and development report of 1987 in Rio De Janeiro.  
Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

______________ refers to meeting the needs of the present generation without compromising the needs of future generations.

  1. Sustainable growth

  2. Efficient growth

  3. Sustainable development

  4. Welfare
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Sustainable development basically refers the development in a strategic way where the needs of the present generation are met withot compromising the ability of the future generations to meet their own needs. 

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

What is the India's GDP growth forecast for $2018$, as per latest Moody's Investors Service report "Global Macro Outlook: $2018-19$"?

  1. $7.5\%$

  2. $7.3\%$

  3. $7.4\%$

  4. $7.2\%$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The latest report of Moodys Investors Service has cut Indias GDP growth forecast to $7.3\%$ in 2018 from the previous estimate of $7.5\%$ due to higher oil prices and tighter financial conditions. However, Moodys maintained its 2019 growth forecast at $7.5\%$. 

The report Global Macro Outlook: 2018-19 stated that the Indian economy is in cyclical recovery led by both investment and consumption. However, higher oil prices and tighter financial conditions will weigh on the pace of acceleration. The private investment cycle will continue to make a gradual recovery, as twin balance-sheet issues impaired assets at banks and corporates slowly get addressed through deleveraging and the application of the Insolvency and Bankruptcy Code.

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

Sustainable development looks at the issue of _____________ in a broader perspective.

  1. economic welfare

  2. economic development

  3. social welfare

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

Sustainable development basically refers to the development in a strategic way where the needs of the present generation are met with compromising the ability of the future generations to meet their own need. It basically aims at the issue of economic development with a broader perspective. 

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

Per Capita consumption shows the standard of living.

  1. True

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

The increase in consumption of goods and services by the people is measured in PCC. Example clothing, food, education, health etc. An increase in PCC shows  better standard of living,better quality of life of people and higher economic development of the country.

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

______________ involves equality of potentiality of development between the present and the future generations.

  1. Economic growth

  2. Social development

  3. Sustainable development

  4. Cultural changes
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Sustainable development basically refers the development in a strategic way where the needs of the present generation are met without compromising the ability of the future generations to meet their own need. 

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

Industrialised countries have been rapidly causing depletion of the stock of natural resources.

  1. True

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

True

Industrialization refers to the process of using natural resources for the development of the economy. But in industrialized countries the resources are exploited in a very large quantity that leads to the depletion of these stock of natural resources. 

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

Identify the strategies for sustainable development.

  1. Equitable use of resources

  2. Conservation of biological diversity

  3. Development of organic farming

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Sustainable development requires a holistic approach that includes the equitable use of resources, the preservation of biodiversity, and the adoption of environmentally friendly practices like organic farming.

Multiple choice geography economic growth and development development and growth need for sustainable development economics of development

Sustainable development is useful for improving the ___________ of the present generations by ensuring sufficient availability of resources and clean environment.

  1. income level

  2. working conditions

  3. quality of life

  4. none of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Sustainable development basically refers the development in a strategic way where the needs of the present generation are met without compromising the ability of the future generations to meet their own need. Therefore, sustainable development aims at sustaining the present level of resources and providing the present generation with good quality life.