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State the importance of 'liberty indicator'.
Concept: Indicators of Human Development
China initiated ______ in 1958, that aimed at industrializing the country on a massive scale.
Concept: Developmental Path - a Snapshot View
______ acts as a measure of 'the extent of democratic participation in social and political decision-making.'
Concept: Indicators of Human Development
Statement 1: Amongst India, China and Pakistan, China is the largest nation and has the higest population density.
Statement 2: One-child policy introduced in the late 1970s in china led to a considerable decline in the population growth rate.
In the light of the given statements, choose the correct alternative from the following:
Concept: Developmental Path - a Snapshot View
On the basis of the data given below, identify the incorrect statement in terms of annual growth of GDP (%): (Choose the correct alternative)
| Annual Growth of Gross Domestic Product (%) 1980-2017 | ||
| Country | 1980-90 | 2015-2017 |
| India | 5.7 | 7.3 |
| China | 10.3 | 6.8 |
| Pakistan | 6.3 | 5.3 |
Concept: Gross Domestic Product and Sectors
On the basis of the given data:
| Some Selected Indicators of Human Development, 2017-2019 | |||
| Item | India | China | Pakistan |
| Human Development Index (Value) | 0.645 | 0.761 | 0.557 |
| Rank (based on HDI) | 130 | 87 | 154 |
| Life Expectancy at Birth (years) | 69.7 | 76.9 | 67.3 |
| Mean years of Schooling (% aged 15 and above) |
6.5 | 8.1 | 5.2 |
| Gross National Income per capita (PPP US$) | 6681 | 16.057 | 5005 |
| Percentage of people living Below Poverty Line (National) | 21.9* | 1.7** | 24.3* |
| Infant Mortality Rate (per 1000 live births) |
29.9 | 7.4 | 57.2 |
| Maternal Mortality Rate (per 1 lakh births) |
133 | 29 | 140 |
| Population using at least basic Sanitation (%) | 60 | 75 | 60 |
| Population using at least basic drinking Water Source (%) | 93 | 96 | 91 |
| Percentage of Undernourished Children | 37.9 | 8.1 | 37.6 |
- Identify one income indicator and one health indicator, each.
- Compare India and China on the basis of any one of the indicator identified above in part (i)
Concept: Indicators of Human Development
Statement 1: Great Proletarian Cultural Revolution was introduced in China in 1950's.
Statement 2: China's growth is mainly contributed by the manufacturing sector.
In the light of given statements, choose the correct alternative from the following:
Concept: Developmental Path - a Snapshot View
Identify the incorrect statement from the following:
Concept: Demographic Indicators
Assertion (A): During 1980's, economic growth rate of Pakistan was more than that of India.
Reason (R): Pakistan followed the path of mixed economic structure with equal participation of the public and the private sector.
Concept: Development Strategies - an Appraisal
Compare and analyse the following information related to Annual Growth of Gross Domestic Product (GDP) of India and China:
Annual Growth of Gross Domestic Product
| Country | 1980 - 90 | 2015 - 17 |
| India | 5.7 | 7.3 |
| China | 10.3 | 6.8 |
Concept: Gross Domestic Product and Sectors
Answer the following question.
Explain the meaning of opportunity cost with the help of a production possibility schedule.
Concept: Concepts of Production Possibility Frontier
What was the two-fold motive behind the systematic deindustrialisation effected by the British in pre-independent India?
Concept: Introduction to Indian Economy on the Eve of Independence
Choose the correct alternative from given options:
In the given figure, the movement on the production possibility curve from point A to point B shows _____________.
Concept: Concepts of Production Possibility Frontier
Identify and discuss the nature of the following newspaper reports in terms of positive or normative economic analysis:
(i) "India jumped 23 points in the World Bank's ease of doing business index to 77th place, highest in 2 years." – The Economic Times
(ii) "Government should further liberalise the business rules." – The Economic Times
Concept: Positive and Normative Economics
An economy is in equilibrium. Find investment expenditure :
National income =1200
Autonomous consumption expenditure=150
Marginal Propensity to consume =0.8
Concept: Methods of Measurement of National Income >> Expenditure Method
Answer the following question.
Gross Domestic Product (GDP) Does Not Give Us a Clear Indication of Economic Welfare of a Country. "Defend Or Refute the Given Statement with Valid Reason.
Concept: GDP and Welfare
Distinguish between positive externalities and negative externalities.
Concept: Factor Cost, Basic Prices and Market Prices
Discuss any two merits and demerits of the Green Revolution in the agricultural sector in the Indian economy.
Concept: Agriculture
State the meanings of the following:
Operating Surplus
Concept: Factor Cost, Basic Prices and Market Prices
Give two examples of fixed costs.
Concept: Cost - Fixed Cost
