CHAPTER 1

1. A rise in---------is possible only when the growth of national income is more than
the growth of population.
Ans.
1) per capita consumption
2) per capita income
3) human development
4) infrastructure

2. People increase their standard of living by increasing their --------Ans.

1)
2)
3)
4)

Salary
Travelling
Consumption
Family size

3. ---------takes place when savings are invested in productive assets.

Ans.
1)
2)
3)
4)

Economic growth
Economic development
Capital formation
Industrialization

4. ---------- has a positive impact on employment, technical education,

mordernization, urbanization, infrastructure etc.
Ans.
1)
2)
3)
4)

Industrialization
Economic growth
Capital formation
Economic development

5. Economic development is a -------------- concept than economic growth.

Ans.
1)
2)
3)
4)

Wider
Narrow
Easier
Difficult

6. Economic growth is related to ----------- changes

Ans.
1)
2)
3)
4)

Qualitative
Structural
Quantitative
Technological

7. The growing approach considers -------------- to be the centre of economic

development
Ans.
1)
2)
3)
4)

Production
Finance
Technology
Human beings

8. In traditional approach considers sustained increase in ----------- as development.

Ans.
1)
2)
3)
4)

GDP
Per capita income
Consumption
Production

9. -------- is simple average life expectancy, educational attainment and GDP

Ans.
1)
2)
3)
4)

Human development index

Genuine progress index
Physical Quality of Life Index
Consumer price index

10 -------------- refers to total market value of all final goods & services produces by a
country during a year plus net income from abroad.

Ans.
1)
2)
3)
4)

Per capita income

Economic growth
Gross national income
Gross domestic product

11. ------------- means real national income multiplied by price level.

Ans.
1)
2)
3)
4)

National income
Nominal income
Per capita income
GDP

CHAPTER 2
1. ---------------- refers to the number of infants dying within one year of their birth out
of every 100 births
Ans.
1)
2)
3)
4)

L.E.I
I.M.I
B.L.I
A.A.I

2. Human developed is measured by construction the -------Ans.

1)
2)
3)
4)

HDI
PQLI
B.L.I
I.M.I

3. The range of high HD group is ----------Ans.

1)
2)
3)
4)

0.8 and above

0.5 and above
Less than 0.5
1 to 2

4. The literacy rate in India in 2011 was ---------Ans.

1)
2)
3)
4)

47.70%
74.40%
82.14%
100%

5. ----------------- refers to overall well being of the people of a country.

Ans.
1)
2)
3)
4)

Human Development index

GNP per capita
Quality of life
Life expectancy rate

6. A simple composite index that measures economic development in terms of

quality of life is called -------------Ans.
1)
2)
3)
4)

GDP per capita

HDI
PQLI
GNP per capita

7. Infant mortality rate is the number of infants dying out of every ----------- of
population.
Ans.
1)
2)
3)
4)

100
1000
10
10000

8. The average number of years a person is expected to live is called ------------Ans.

1)
2)
3)
4)

Life expectancy rate

Literacy rate
Mortality rate
HDI

9. ---------------- is the proportion to literates to illiterates

Ans.
1)
2)
3)
4)

Literacy rate
Illiteracy rate
Mortality rate
HDI

10. India is included in ----------Ans.

1)
2)
3)
4)

Low HD group
High HD group
Medium HD group
Small HD group

11. ------------- is a comprehensive measure for measuring economic development of

the countries.
Ans.
1)
2)
3)
4)

GDP per capita

HDI
PQLI
GNP per capita

12. Pakistan is included in ------------Ans.

1)
2)
3)
4)

Low HD group
High HD
Medium HD group
Small HD group

13. -------------- is defined as a process of enlarging peoples choices and the level of
well-being.
Ans.
1)
2)
3)
4)

Quality of human life

Economic development
Human development
Standard of living

14. USA is included in -----------Ans.

1)
2)
3)
4)

Low HD group
High HD group
Medium HD group
Small HD group