Indian Economy

Economic Growth is a qualitative aspect while economic development is a quantitative aspect

• True

• False

The Human Development Index comprises of 3 component. Which of the following is not a component for evaluation of HDI

• Life Expectancy

• Poverty

• Standard of living

• Education

---% of people in India are living in Multi-Dimensional Poverty

• 25%

• 43.21%

• 14.96%

• 5.44%

India has low per capita income even after being the fifth largest economy in the world. The main reason for the same is population

• True

• False

Disguised Employment is also known as Underemployment

• True

• False

India has a shortage of capital formation since most of the investment in India is made in

• Physical Asset

• Digital Asset

• Saving

• Insurance

The Great Bengal Famine was a result of

• Low agriculture productivity

• Huge taxation

• Available food supplied to World War - II

• Land reforms

India's Petroleum comes from

• Assam

• Gujarat

• Bombay High fields

• All of the above

The state with highest HDI Index in India is

• Karnataka

• Kerala

• Uttar Pradesh

• Mizoram

Britishers broke the thumbs of Handloom weavers to stop them from weaving the fine muslin

• True

• False