Advertisements
Advertisements
Question
What are the indicators of development?
Advertisements
Solution
The major indicators to measure the level of economic development are Net National Product (NNP), Per Capita Income (PCI), Purchasing Power Parity (PPP), and Human Development Index (HDI).
APPEARS IN
RELATED QUESTIONS
The ________ income is also called per capita income.
Assertion (A): Human resource is necessary for the progress of any country.
Reason (R): Investment in education and health of people can result in a high rate of returns in the future for a country.
Among the following states which state have the literacy rate (2011) higher than national average.
_______ resources are those which will get exhausted after years of use.
Match the following
| 1. Development | Wild life Protection Act |
| 2. Human resource | Renewable resources |
| 3. Solar energy | Part of daily life |
| 4. 1972 | Education |
Why NNP is not considered as a useful measure to compare a country’s development with other countries?
Expand the HDI.
Expand the PCI.
Assertion (A): The term ‘economic development’ refers to the overall growth of all sectors of
the economy.
Reason (R): By adoption of new technologies.
Define Purchasing Power Parity.
