An underdeveloped economy is characterized by A. High per capita real income B. Large proportion of labor force in the tertiary sector C. State of deprivation of large proportion of population D. All the above

An underdeveloped economy is characterized by
A. High per capita real income
B. Large proportion of labor force in the tertiary sector
C. State of deprivation of large proportion of population
D. All the above
by

1 Answer

Answer :

C. State of deprivation of large proportion of population
by

Related questions

An underdeveloped economy is characterized by A. High per capita real income B. Large proportion of labor force in the tertiary sector C. State of deprivation of large proportion of population D. All the above

Description : An underdeveloped economy is characterized by A. High per capita real income B. Large proportion of labor force in the tertiary sector C. State of deprivation of large proportion of population D. All the above

Last Answer : C. State of deprivation of large proportion of population

An underdeveloped economy is characterized bya. High per capita real incomeb. Large proportion of labor force in the tertiary sectorc. State of deprivation of large proportion of populationd. All the above

Description : An underdeveloped economy is characterized bya. High per capita real income b. Large proportion of labor force in the tertiary sector c. State of deprivation of large proportion of population d. All the above

Last Answer : c. State of deprivation of large proportion of population Underdeveloped countries face the problem of deprivation of large section of the population, low per capita real income etc.

What makes India an underdeveloped economy? A. Low Human Development B. High Poverty level C. Dominant Agriculture sector D. All of the above

Description : What makes India an underdeveloped economy? A. Low Human Development B. High Poverty level C. Dominant Agriculture sector D. All of the above

Last Answer : D. All of the above

Which of the following explains the term economic growth? A. Increase in per capita production B. Increase in per capita real income C. Structural change in the economy D. All the above are right

Description : Which of the following explains the term economic growth? A. Increase in per capita production B. Increase in per capita real income C. Structural change in the economy D. All the above are right

Last Answer : D. All the above are right

Which of the following explains economic growth: A. Increase in per capita production B. Increase in per capita real income C. structural change in the economy D. all the above are right

Description : Which of the following explains economic growth: A. Increase in per capita production B. Increase in per capita real income C. structural change in the economy D. all the above are right

Last Answer : D. all the above are right

What makes India a developing economy? A. Rise in National Income B. Rise in Per Capita Income C. Growing Capital Income D. All of the above

Description : What makes India a developing economy? A. Rise in National Income B. Rise in Per Capita Income C. Growing Capital Income D. All of the above

Last Answer : A. Rise in National Income

Rate of growth of an economy is measured in term of: A. National Income B. Per Capita Income C. Number of people who have been lifted above the poverty line D. Industrial Development

Description : Rate of growth of an economy is measured in term of: A. National Income B. Per Capita Income C. Number of people who have been lifted above the poverty line D. Industrial Development

Last Answer : A. National Incom

Which of the following denotes an underdeveloped economy? A. High level of inequalities B. Low level of capital productivity C. A relatively closed economy D. All the above

Description : Which of the following denotes an underdeveloped economy? A. High level of inequalities B. Low level of capital productivity C. A relatively closed economy D. All the above

Last Answer : D. All the above

Which of the following denotes an underdeveloped economy? A. High level of inequality B. Low level of capital productivity C. A relatively closed economy D. All the above

Description : Which of the following denotes an underdeveloped economy? A. High level of inequality B. Low level of capital productivity C. A relatively closed economy D. All the above

Last Answer : D. All the above

Capital formation in underdeveloped countries is a major bottleneck. The reason can be A. Small size of market with no incentive for investment B. Low level of income C. Demonstration effect D. All the above

Description : Capital formation in underdeveloped countries is a major bottleneck. The reason can be A. Small size of market with no incentive for investment B. Low level of income C. Demonstration effect D. All the above

Last Answer : D. All the abov

Which state has the highest Per Capita Income in India? A. Delhi B. Punjab C. Bihar D. Goa

Description : Which state has the highest Per Capita Income in India? A. Delhi B. Punjab C. Bihar D. Goa

Last Answer : D. Goa

The best indicator of economic development of any country is: A. Agriculture B. Transport C. Gross Production D. Per Capita Income

Description : The best indicator of economic development of any country is: A. Agriculture B. Transport C. Gross Production D. Per Capita Income

Last Answer : D. Per Capita Income

The best indicator of economic development of any country is: A. Agriculture B. Transport C. Gross Production D. Per Capita Income

Description : The best indicator of economic development of any country is: A. Agriculture B. Transport C. Gross Production D. Per Capita Income

Last Answer : D. Per Capita Income

Inequality of Income is measured by: A. Human development index B. Gini Coefficient C. Per Capita Income D. Physical Quality of Life Index

Description : Inequality of Income is measured by: A. Human development index B. Gini Coefficient C. Per Capita Income D. Physical Quality of Life Index

Last Answer : B. Gini Coefficient

The best indicator of economic development of any country is: A. Agriculture B. Transport C. Gross Production D. Per Capita Income

Description : The best indicator of economic development of any country is: A. Agriculture B. Transport C. Gross Production D. Per Capita Income

Last Answer : D. Per Capita Income

The best indicator of economic development of any country is: A. Agriculture B. Transport C. Gross Production D. Per Capita Income

Description : The best indicator of economic development of any country is: A. Agriculture B. Transport C. Gross Production D. Per Capita Income

Last Answer : D. Per Capita Income

The supply of labour in the economy depends on - (1) Population (2) National income (3) Per capita income (4) Natural resources

Description : The supply of labour in the economy depends on - (1) Population (2) National income (3) Per capita income (4) Natural resources

Last Answer : (1) Population Explanation: The supply curve for labor depends on variables such as population, wage rates, etc. in developing countries, the vast population base explains the relatively lower wage ... accessibility to labour supply. This is just the opposite in the case of developed countries.

The supply of labour in the economy depends on (1) Population (2) National income (3) Per capita income (4) Natural resources

Description : The supply of labour in the economy depends on (1) Population (2) National income (3) Per capita income (4) Natural resources

Last Answer : Population

Unemployment that is caused by a mismatch between the composition of the labor force (in terms of skills, occupation, industries, or geographic location) and the make-up of the demand for labor is called: A. Real wage unemployment B. Deficient-demand unemployment C. Frictional unemployment D. Structural Unemployment

Description : Unemployment that is caused by a mismatch between the composition of the labor force (in terms of skills, occupation, industries, or geographic location) and the make-up of the ... . Real wage unemployment B. Deficient-demand unemployment C. Frictional unemployment D. Structural Unemployment

Last Answer : D. Structural Unemployment

Which of the following explains the term economic growth? a. Increase in per capita production b. Increase in per capita real income c. structural change in the economy d. all the above are right

Description : Which of the following explains the term economic growth? a. Increase in per capita production b. Increase in per capita real income c. structural change in the economy d. all the above are right

Last Answer : d. all the above are right There is no single definition that can define the term economic growth. However, there are various indicators that explain the term

Economic development is characterized by A. Structural change in the economy B. Change in the occupational structure C. Both a and b D. None of the above

Description : Economic development is characterized by A. Structural change in the economy B. Change in the occupational structure C. Both a and b D. None of the above

Last Answer : C. Both a and b

Economic development is characterized by A. Structural change in the economy B. Change in the occupational structure C. Both a and b D. None of the above

Description : Economic development is characterized by A. Structural change in the economy B. Change in the occupational structure C. Both a and b D. None of the above

Last Answer : C. Both a and b

In which sector of Indian economy will we find a high rate of disguised unemployment? A. Service sector B. Agriculture sector C. Manufacture sector D. Mining sector

Description : In which sector of Indian economy will we find a high rate of disguised unemployment? A. Service sector B. Agriculture sector C. Manufacture sector D. Mining sector

Last Answer : B. Agriculture sector

Scarcity of capital, technological backwardness and unemployment are generally found in A. Developed countries B. Underdeveloped countries C. Both D. None of the above

Description : Scarcity of capital, technological backwardness and unemployment are generally found in A. Developed countries B. Underdeveloped countries C. Both D. None of the above

Last Answer : B. Underdeveloped countries

Scarcity of capital, technological backwardness and unemployment are generally found in: A. Developed countries B. None of the above C. Underdeveloped countries D. Both

Description : Scarcity of capital, technological backwardness and unemployment are generally found in: A. Developed countries B. None of the above C. Underdeveloped countries D. Both

Last Answer : C. Underdeveloped countries

Natural rate of unemployment increases due to A. General downturn in business activity B. Changes in labor market C. Structural changes in economy D. Frequent changes of jobs by labor

Description : Natural rate of unemployment increases due to A. General downturn in business activity B. Changes in labor market C. Structural changes in economy D. Frequent changes of jobs by labor

Last Answer : D. Frequent changes of jobs by labor

State which of the following is correct? The Consumer Price Index reflects - (1) the standard of living (2) the extent of inflation in the prices of consumer goods (3) the increasing per capita income (4) the growth of the economy

Description : State which of the following is correct? The Consumer Price Index reflects - (1) the standard of living (2) the extent of inflation in the prices of consumer goods (3) the increasing per capita income (4) the growth of the economy

Last Answer : (2) the extent of inflation in the prices of consumer goods Explanation: A consumer price index (CPI) measures changes in the price level of consumer goods and services purchased by households ... , pensions, for regulating prices and for deflating monetary magnitudes to show changes in real values.

State which of the following is correct ? The Consumer Price Index reflects : (1) the standard of living (2) the extent of inflation in the prices of consumer goods (3) the increasing per capita income (4) the growth of the economy

Description : State which of the following is correct ? The Consumer Price Index reflects : (1) the standard of living (2) the extent of inflation in the prices of consumer goods (3) the increasing per capita income (4) the growth of the economy

Last Answer : the extent of inflation in the prices of consumer goods

What is the mainstay of Indian economy? A. Manufacturing B. Business C. Public sector D. Agriculture

Description : What is the mainstay of Indian economy? A. Manufacturing B. Business C. Public sector D. Agriculture

Last Answer : D. Agriculture

In agricultural sector net value added is estimated by A. Income method B. Expenditure method C. Production method D. All the three

Description : In agricultural sector net value added is estimated by A. Income method B. Expenditure method C. Production method D. All the three

Last Answer : C. Production method

National Income ignores: A. Sales of a firm B. Salary of Employees C. Exports of the IT Sector D. Sale of land

Description : National Income ignores: A. Sales of a firm B. Salary of Employees C. Exports of the IT Sector D. Sale of land

Last Answer : D. Sale of land

12.“Tertiary sector is not playing any significant role in the development of Indian economy.” Do you agree? Give reasons in support of your answer. -SST 10th

Description : 12.“Tertiary sector is not playing any significant role in the development of Indian economy.” Do you agree? Give reasons in support of your answer. -SST 10th

Last Answer : No, this is not correct. The tertiary sector is playing a significant role in the development of the Indian Economy. In the year 2003, the tertiary sector replaced the primary sector ... the tertiary sector.This sector provides the maximum employment opportunities to the people in the country.

Tertiary sector is not playing any significant role in the development of Indian economy.' -SST 10th

Description : Tertiary sector is not playing any significant role in the development of Indian economy.' -SST 10th

Last Answer : We do not agree with this statement because the tertiary sector has become the most critical sector of our economy concerning both employment and GDP. This sector contributes around 60% off our GDP ... The tertiary sector will further grow because of the rise in income and demands of the people.

Which sector of the economy does the given image illustrate? (a) Private sector (b) Primary sector (c) Tertiary sector (d) Secondary sect

Description : Which sector of the economy does the given image illustrate? (a) Private sector (b) Primary sector (c) Tertiary sector (d) Secondary sect

Last Answer : (d) Secondary sector

Which of the following results by dividing national income by size of population? (1) Per capita income (2) Subsistence level (3) Subsistence expenditure- (4) Per capita production

Description : Which of the following results by dividing national income by size of population? (1) Per capita income (2) Subsistence level (3) Subsistence expenditure- (4) Per capita production

Last Answer : (1) Per capita income Explanation: Per capita income or average income or income per person is a measure of mean income within an economic aggregate, such as a country or city. It is calculated by ... in the aggregate (such as GDP or Gross National Income) and dividing it by the total population.

Which is the parameter for the economic development? (1) Per capita monetary income (2) National income (3) Per capita rural income (4) Population

Description : Which is the parameter for the economic development? (1) Per capita monetary income (2) National income (3) Per capita rural income (4) Population

Last Answer : (1) Per capita monetary income Explanation: A majority of economists such as Simon Kuznets, Meter and Baldwin, Hicks D. Samuelson, Pigeon and others consider national income as the most suitable ... economic growth is meaningless if it does not improve the standard of living of the common masses.

The sales prediction technique that is based on the relationship between sales and other factors--such as population density, per capita income, or family size--is A)executive judgment. B)time series analysis. C)regression analysis. D)a market test. E)an expert survey.

Description : The sales prediction technique that is based on the relationship between sales and other factors--such as population density, per capita income, or family size--is A)executive judgment. B)time series analysis. C)regression analysis. D)a market test. E)an expert survey.

Last Answer : C)regression analysis.

Per capita income is calculated by dividing total national income by (a) Total population (b) Total savings © Total depreciation (d) Total investment.

Description : Per capita income is calculated by dividing total national income by (a) Total population (b) Total savings © Total depreciation (d) Total investment.

Last Answer : (a) Total population

……………. States that rapid growth of per capita income will be associated with a reduction in poverty. (a) The trickle down theory ; (b) Multiplier theory ; (c) Malthus population theory ; (d) None

Description : ……………. States that rapid growth of per capita income will be associated with a reduction in poverty. (a) The trickle down theory ; (b) Multiplier theory ; (c) Malthus population theory ; (d) None

Last Answer : (a) The trickle down theory ;

Which is the parameter for the economic development ? (1) Per capita monetary income (2) National income (3) Per capita rural income (4) Population

Description : Which is the parameter for the economic development ? (1) Per capita monetary income (2) National income (3) Per capita rural income (4) Population 

Last Answer : Per capita monetary income

Which of the following results by dividing national income by size of population ? (1) Per capita income (2) Subsistence level (3) Subsistence expenditure (4) Per capita production

Description : Which of the following results by dividing national income by size of population ? (1) Per capita income (2) Subsistence level (3) Subsistence expenditure (4) Per capita production

Last Answer : Per capita income

Which of the following denotes an underdeveloped economy? a. High level of inequalities b. Low level of capital productivity c. A relatively closed economyd. All the above

Description : Which of the following denotes an underdeveloped economy? a. High level of inequalities b. Low level of capital productivity c. A relatively closed economy d. All the above

Last Answer : d. All the above

Which of these is/are the feature of an underdeveloped economy? (a) Greater inequalities ; (b) High incidence of unemployment ; (c) Orthodox means of production ; (d) All the three

Description : Which of these is/are the feature of an underdeveloped economy? (a) Greater inequalities ; (b) High incidence of unemployment ; (c) Orthodox means of production ; (d) All the three

Last Answer :  (d) All the three 

which among these is not a global force impacting the Indian Economy A. Dynamics of capital flow B. Integrating the role of Purchasing C. Integrating the role of Technology D. Need of Attitudinal Change

Description : which among these is not a global force impacting the Indian Economy A. Dynamics of capital flow B. Integrating the role of Purchasing C. Integrating the role of Technology D. Need of Attitudinal Change

Last Answer : A. Dynamics of capital flow

Explain with reasons why state of Punjab with a very high per capita income has a very low literacy rate. -SST 10th

Description : Explain with reasons why state of Punjab with a very high per capita income has a very low literacy rate. -SST 10th

Last Answer : (i) Per capita income of Punjab is ` 26,000 and Kerala is ` 22,800. (ii) Literacy rate of Punjab according to 2001 is 70% and Kerala is 91%, i.e., Punjab lags behind Kerala. ... (vi) Kerala has a low infant mortality rate as it has adequate provision of basic health and educational facilities.

Was the agricultural economy underdeveloped in Britain before 1700?

Description : Was the agricultural economy underdeveloped in Britain before 1700?

Last Answer : Feel Free to Answer

During the recessionary phase of a business cycle: A. The natural rate of unemployment will increase dramatically B. Potential national income will exceed actual national income C. Actual national income will exceed potential national income D. The real rate of interest will exceed the nominal rate of interest.

Description : During the recessionary phase of a business cycle: A. The natural rate of unemployment will increase dramatically B. Potential national income will exceed actual national income C. Actual national income ... national income D. The real rate of interest will exceed the nominal rate of interest.

Last Answer : B. Potential national income will exceed actual national income

During the recessionary phase of a business cycle: A. The natural rate of unemployment will increase dramatically B. Potential national income will exceed actual national income C. Actual national income will exceed potential national income D. The real rate of interest will exceed the nominal rate of interest.

Description : During the recessionary phase of a business cycle: A. The natural rate of unemployment will increase dramatically B. Potential national income will exceed actual national income C. Actual national income ... national income D. The real rate of interest will exceed the nominal rate of interest.

Last Answer : A. The natural rate of unemployment will increase dramatically

When National Income is calculated with reference to a base year, it is called: A. Nominal National Income B. Net National Income C. Real National Income D. Gross National Income

Description : When National Income is calculated with reference to a base year, it is called: A. Nominal National Income B. Net National Income C. Real National Income D. Gross National Income

Last Answer : C. Real National Income

Disguised unemployment means: A. Unemployment in agriculture B. Unemployment due to recession C. Unemployment due to downturn in business activity D. Marginal Productivity of Labor (MPL) is zero.

Description : Disguised unemployment means: A. Unemployment in agriculture B. Unemployment due to recession C. Unemployment due to downturn in business activity D. Marginal Productivity of Labor (MPL) is zero.

Last Answer : C. Unemployment due to downturn in business activity