Inclusive Growth and Issues arising from it UPSC Questions

Economics

Inclusive Growth and Issues arising from it MCQ Questions


7.
The inability of an economy to increase the growth rate of economy is due to the following factors. Find the odd one out among them.
A.
Lack of resources
B.
Lack of infrastructure
C.
Lack of technology
D.
Lack of guidance
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ANSWER :
D. Lack of guidance
8.
India's growth rates started moving upwards and on were on the verge of achieving a double-digit growth on which century?
A.
19
B.
20
C.
21
D.
18
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ANSWER :
C. 21
9.
The concept of development is _____, whereas that of growth is quantitative.
A.
Qualitative
B.
Quantitative
C.
Conceptual
D.
Methodological
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ANSWER :
A. Qualitative
10.

Examine the following statements, and choose the option that suits the best.
Statement 1: Growth is an arithmetic number signifying an increase in the output of an economy.
Statement 2: Development implies equitable distribution in the economy.

A.

Statement -1 is true, statement -2 is true;
statement -2 is the correct explanation for statement -1.

B.

Statement -1 is true, statement -2 is true;
statement -2 is NOT the correct explanation for statement -1.

C.

Statement -1 is true,
statement -2 is false.

D.

Statement -1 is false,
statement -2 is true.

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ANSWER :

B. Statement -1 is true, statement -2 is true;
statement -2 is NOT the correct explanation for statement -1.

11.
The theory which signifies the statement "increased growth would percolate down to the bottom-most stratum of society and provide equitable distribution" is _____
A.
Trickle-down theory
B.
Top-down
C.
Bottom-up
D.
Keynesian
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ANSWER :
A. Trickle-down theory
12.
The Indian economy has a structural problem of excessive economic dependence on the _____ sector.
A.
Technology
B.
Finance
C.
Education
D.
Agriculture
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ANSWER :
D. Agriculture