Production and Indian Economy Quiz 10

Consider the following statements:

1. Gross Domestic Product (GDP) is defined as the value of all goods product in a year.

2. Per Capita Income is obtained by dividing National income by total population of the country.

Select the correct statement from the given codes below:

• 1 only

• 2 only

• 1 and 2 both

• Neither 1 nor 2

Consider the following statements:

1. Hindu rate of growth refers to the rate of growth of Per Capital income.

2. Dadabhai Naroji estimated National income first of all in India.

3. The theory of economic drain during British rule was given by Mahatma Gandhi.

Select the correct statement from the given codes below:

• 1 only

• 2 only

• 1, 2 and 3

• None of these

Consider the following statements:

1. Per capita Income of India does not give a complete picture of the economic growth of the country

2. Per Capita income of a country is not independent of the size of it's population.

Select the correct statement from the given codes below:

• 1 only

• 2 only

• 1 and 2 both

• Neither 1 nor 2

Consider the following statement :

1. Central statistical Organization (CSO) was established on may 2, 1954.

2. Head office of CSO is located in Mumbai.

3. National income in India is estimated by CSO.

4. The industrial statistics wing of CSO is located in Kolkata.

Select the correct statement from the given codes:

• 1 & 2 only

• 2 & 3 only

• 3 and 4

• 1 and 4

National development council includes:

1. Chief Ministers of all states.

2. Prime Minister of India.

3. Administrators of Union Territories.

4. Vice president of India.

• 1 and 2

• 2 and 3

• 1, 2 and 3

• 1, 2, 3 and 4

Planning was considered a prerequisite.

1. For balanced socio-economic development.

2. For extending the benefit of development in an even manner.

3. For focusing on removal of region disparity.

4. For maximizing the utilization of available resources.

• 1 and 2

• 1, 2 and 3

• 2, 3 and 4

• All of these

Consider the following statements with regard to 'National Integration Council':

1. It was set up in 1980.

2. It deals with welfare measure for the minorities of India.

3. It is constitutional body.

Select the correct statement from the codes given below.

• 1 only

• 2 only

• 1and 2

• 1,2 and 3

Consider the following statements regarding finance commission:

1. Article 280 of the Indian constitution provides for the established of a finance commission.

2. 13th finance commission has been constituted under the chairmanship of Montek Singh Ahluwalia.

3. The finance Commission consists of a chairman and four other members.

Select the correct statements from the codes given below.

• 1 only

• 2 only

• 1 and 3

• 1,2 and 3

Consider the following statements:

1. 'Golden Hand Scheme' in India is related to foreign gold dealers in India.

2. The view that 'planning in India should, in future, pay more attention to the people than to commodities' was given by Man Mohan Singh.

Select your answer from the codes given below.

• 1 only

• 2 only

• 1 and 2

• Neither 1 nor 2

Consider the following statement:

1. Under Gadgil - Mukherjee formula the higher weightage is given Per Capita income.

2. The author of the book 'India's Economic Policy: The Gandhian Blue Print' is Jay prakash Narayan.

Select the correct statements from the codes below.

• 1 only

• 2 only

• 1 and 2

• Neither 1 nor 2