Questions Related to economics

Multiple choice economics comparative studies of indian and chinese economies comparing indian and chinese economies comparative development experiences of india and its neighbours economics of development

The size of China's economy is ______ times that of India's economy in termsĀ of GDP.

  1. 1.5

  2. 7

  3. 3

  4. 5

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

In standard comparative economic textbooks, China's economy is often cited as being approximately 5 times the size of India's in terms of GDP.

Multiple choice economics comparative studies of indian and chinese economies comparing indian and chinese economies comparative development experiences of india and its neighbours economics of development

Infrastructure investment in China was around ______ of GDP compared to ______ of India in 2010-11.

  1. 20%, 14%

  2. 11%, 6%

  3. 16%, 4%

  4. 3%, 7%

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Data from the 2010-11 period indicates that China invested roughly 11% of its GDP in infrastructure, while India invested about 6%.

Multiple choice economics comparative studies of indian and chinese economies comparing indian and chinese economies comparative development experiences of india and its neighbours economics of development

China has focused on pro-poor reforms while India has focused on ___________.

  1. economic growth

  2. growth with stability

  3. social welfare

  4. sustainable development

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

While China focused on pro-poor reforms, India's economic strategy has historically emphasized growth alongside stability.

Multiple choice economics comparative studies of indian and chinese economies comparing indian and chinese economies comparative development experiences of india and its neighbours economics of development

China has been the ____________ recipient of FDI in the world during 1993-2001.

  1. second largest

  2. largest

  3. fourth largest

  4. none of the above

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

During the 1993-2001 period, China was the second-largest recipient of Foreign Direct Investment (FDI) globally.

Multiple choice economics comparative studies of indian and chinese economies comparing indian and chinese economies comparative development experiences of india and its neighbours economics of development

China has been able to shift workforce from agriculture to industrial sector without creating unemployment and urban crisis.

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

China's economic transition successfully moved a large portion of its population from agriculture to industry, avoiding the typical urban crisis associated with rapid industrialization.

Multiple choice economics comparative studies of indian and chinese economies comparing indian and chinese economies comparative development experiences of india and its neighbours economics of development

India has been more successful in controlling population growth than China.

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

China implemented strict population control measures, such as the one-child policy, making it more successful in controlling population growth than India.