Which of the following explains the term economic development? a. Improvement in the technology involved b. Improvement in production c. Improvement in distribution system d. All the above

Which of the following explains the term economic development?
a. Improvement in the technology involved
b. Improvement in production
c. Improvement in distribution system
d. All the above
by

1 Answer

Answer :

d. All the above
Economic development is a wider concept than growth. There are various
parameters used to define and measure it.
by

Related questions

Which of the following explains the term economic development? A. Improvement in the technology involved B. Improvement in production C. Improvement in distribution system D. All the above

Description : Which of the following explains the term economic development? A. Improvement in the technology involved B. Improvement in production C. Improvement in distribution system D. All the above

Last Answer : D. All 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 There is no single definition that can define the term economic growth. However, there are various indicators that explain the term

The best Index of Economic Development is provided by: (1) Growth in Percapita Real Income from year to year. (2) Growth in National Income at Current Prices. (3) Growth in savings ratio. (4) Improvement in the Balance of Payments Position.

Description : The best Index of Economic Development is provided by: (1) Growth in Percapita Real Income from year to year. (2) Growth in National Income at Current Prices. (3) Growth in savings ratio. (4) Improvement in the Balance of Payments Position.

Last Answer : (1) Growth in Percapita Real Income from year to year. Explanation: Per capita Gross National Product (GNP) is the best index of development. It can be derived by dividing the GNP of a ... its world development report 1998, classified the countries in the world on the bases of per capita GNP.

The best Index of Economic Development is provided by: (1) Growth in Percapita Real Income from year to year. (2) Growth in National Income at Current Prices. (3) Growth in savings ratio. (4) Improvement in the Balance of Payments Position.

Description : The best Index of Economic Development is provided by: (1) Growth in Percapita Real Income from year to year. (2) Growth in National Income at Current Prices. (3) Growth in savings ratio. (4) Improvement in the Balance of Payments Position.

Last Answer : Growth in Percapita Real Income from year to year.

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

Sectoral distribution of GDP index measures ______. (1) Agriculture development of a country (2) Economic development of a country (3) Social development of a country (4) Socio-Economic development of a Country

Description : Sectoral distribution of GDP index measures ______. (1) Agriculture development of a country (2) Economic development of a country (3) Social development of a country (4) Socio-Economic development of a Country

Last Answer : (2) Economic development of a country Explanation: The sectoral distribution of GDP index measures the development of a country across several economic activities. It the market value of all final goods and services produced in a period (quarterly or yearly).

Sectoral distribution of GDP index measures_________ (1) Agriculture development of a country (2) Economic development of a country (3) Social development of a country (4) Socio-Economic development of a Country

Description : Sectoral distribution of GDP index measures_________ (1) Agriculture development of a country (2) Economic development of a country (3) Social development of a country (4) Socio-Economic development of a Country

Last Answer :  Economic development of a country

Production function explains the relationship between - (1) initial inputs and ultimate output (2) inputs and ultimate consumption (3) output and consumption (4) output and exports

Description : Production function explains the relationship between - (1) initial inputs and ultimate output (2) inputs and ultimate consumption (3) output and consumption (4) output and exports

Last Answer : (1) initial inputs and ultimate output Explanation: Production function explains the relationship between factor input and output under given technology. It explains as to for increasing the ... . Production function explains the physical relationship between input and output under given technology.

Production function explains the relationship between (1) initial inputs and ultimate output (2) inputs and ultimate consumption (3) output and consumption (4) output and exports

Description : Production function explains the relationship between (1) initial inputs and ultimate output (2) inputs and ultimate consumption (3) output and consumption (4) output and exports

Last Answer : initial inputs and ultimate output

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

The picture above explains a. we cannot take national income as indicator for development. b. per capita income is better measure for development. c. average income hide disparities. d. none of the above

Description : The picture above explains a. we cannot take national income as indicator for development. b. per capita income is better measure for development. c. average income hide disparities. d. none of the above

Last Answer : c. average income hide disparities.

The major objective of monetary policy is to - (1) increase government's tax revenue (2) revamp the Public Distribution System (3) Promote economic growth with price stability (4) weed out corruption in the economy

Description : The major objective of monetary policy is to - (1) increase government's tax revenue (2) revamp the Public Distribution System (3) Promote economic growth with price stability (4) weed out corruption in the economy

Last Answer : (3) Promote economic growth with price stability Explanation: The main objective of monetary policy is to control the supply of money, often targeting an inflation rate or interest rate ... usually to contribute to lower unemployment, and to maintain predictable exchange rates with other currencies.

The major objective of monetary policy is to (1) increase government’s tax revenue (2) revamp the Public Distribution System (3) Promote economic growth with price stability (4) weed out corruption in the economy

Description : The major objective of monetary policy is to (1) increase government’s tax revenue (2) revamp the Public Distribution System (3) Promote economic growth with price stability (4) weed out corruption in the economy 

Last Answer : Promote economic growth with price stability

The term 'Green GNP' emphasises - (1) rapid growth of GNP (2) increase in per capita income (3) economic development (4) sustainable development

Description : The term 'Green GNP' emphasises - (1) rapid growth of GNP (2) increase in per capita income (3) economic development (4) sustainable development

Last Answer : (4) sustainable development Explanation: The gross national product (GNP) measures the welfare of a nation's economy through the aggregate of products and services produced in that nation, Although ... national product that would indicate if activities benefit or harm the economy and well-being.

The term ‘Green GNP’ emphasises (1) rapid growth of GNP (2) increase in per capita income (3) economic development (4) sustainable development

Description : The term ‘Green GNP’ emphasises (1) rapid growth of GNP (2) increase in per capita income (3) economic development (4) sustainable development

Last Answer : sustainable development

In which type of economic system does the government control the means of production and distribution?

Description : In which type of economic system does the government control the means of production and distribution?

Last Answer : What is the answer ?

What is the economic system in which means of production and distribution are privately owned and operated for profit under competitive conditions?

Description : What is the economic system in which means of production and distribution are privately owned and operated for profit under competitive conditions?

Last Answer : The definition of capitalism is an economic system in which the means of production and distribution are privately or corporately owned and the operations are funded by profits. An example of capitalism is the prison system in the United States being operated by private companies.

Normative media theory explains how a media system should operate to realize____ (a) Economic goals (b) Political strategies (c) Ideal social values (d) Legal frameworks

Description : Normative media theory explains how a media system should operate to realize____ (a) Economic goals (b) Political strategies (c) Ideal social values (d) Legal frameworks

Last Answer : (c) Ideal social values

PPF is negative sloped due to (a) Scarcity of production resources ; (b) Unlimited wants ; (c) Improvement in technology; (d) Increasing opportunity cost

Description : PPF is negative sloped due to (a) Scarcity of production resources ; (b) Unlimited wants ; (c) Improvement in technology; (d) Increasing opportunity cost 

Last Answer : (a) Scarcity of production resources ; 

Economies of Scale means reduction in (1) unit cost of production (2) unit cost of distribution (3) total cost of production (4) total cost of distribution

Description : Economies of Scale means reduction in (1) unit cost of production (2) unit cost of distribution (3) total cost of production (4) total cost of distribution

Last Answer : (1) unit cost of production Explanation: In microeconomics, economies of scale are the cost advantages that an enterprise obtains due to expansion. "Economies of scale" is a long run concept and refers ... in unit cost as the size of a facility and the usage levels of other inputs increase.

The basic problem studied in Macro - Economics is - (1) production of income (2) usage of income (3) flow of income (4) distribution of income

Description : The basic problem studied in Macro - Economics is - (1) production of income (2) usage of income (3) flow of income (4) distribution of income

Last Answer : (1) production of income Explanation: Macroeconomics involves the sum total of economic activity, dealing with the issues such as production of national income, growth, inflation, and unemployment. It is all about is about maximizing national income and growth.

The basic problem studied in Macro - Economics is (1) production of income (2) usage of income (3) flow of income (4) distribution of income

Description : The basic problem studied in Macro - Economics is (1) production of income (2) usage of income (3) flow of income (4) distribution of income

Last Answer :  production of income

Economies of Scale means reduction in (1) unit cost of production (2) unit cost of distribution (3) total cost of production (4) total cost of distribution

Description : Economies of Scale means reduction in (1) unit cost of production (2) unit cost of distribution (3) total cost of production (4) total cost of distribution

Last Answer : unit cost of production 

Identify the sub-process of process improvement a) Process introduction b) Process analysis c) De-processification d) Process distribution

Description : Identify the sub-process of process improvement a) Process introduction b) Process analysis c) De-processification d) Process distribution

Last Answer : b) Process analysis

Identify the sub-process of process improvement a) Process introduction b) Process analysis c) De-processification d) Process distribution

Description : Identify the sub-process of process improvement a) Process introduction b) Process analysis c) De-processification d) Process distribution

Last Answer : b) Process analysis

Identify the sub-process of process improvement (A)Process introduction (B) Process analysis (C) De-processification (D)Process distribution

Description : Identify the sub-process of process improvement (A)Process introduction (B) Process analysis (C) De-processification (D)Process distribution

Last Answer : (A)Process introduction

The table above explains a. lower literacy rates of males and females is in rural areas in Uttar Pradesh b. lower status of females as compared to males c. both (a) and (b) d. none of the above

Description : The table above explains a. lower literacy rates of males and females is in rural areas in Uttar Pradesh b. lower status of females as compared to males c. both (a) and (b) d. none of the above

Last Answer : c. both (a) and (b)

The picture above explains overuse of ground water. In India groundwater is being overused in a. agricultural prosperous regions b. hard rock plateau areas c. south India d. all of the above

Description : The picture above explains overuse of ground water. In India groundwater is being overused in a. agricultural prosperous regions b. hard rock plateau areas c. south India d. all of the above

Last Answer : a. agricultural prosperous regions

The picture given above explains quality of life not only depends on material things. It also depends on: a. Services b. Luxuries c. Comforts d. non material things

Description : The picture given above explains quality of life not only depends on material things. It also depends on: a. Services b. Luxuries c. Comforts d. non material things

Last Answer : d. non material things

The kinked demand curve explains A.Price rigidity B.Price flexibility C.Demand rigidity D.Demand flexibility

Description : The kinked demand curve explains A.Price rigidity B.Price flexibility C.Demand rigidity D.Demand flexibility

Last Answer : A.Price rigidity

The kinked demand curve explains A.Price rigidity B.Price flexibility C.Demand rigidity D.Demand flexibility

Description : The kinked demand curve explains A.Price rigidity B.Price flexibility C.Demand rigidity D.Demand flexibility

Last Answer : A.Price rigidity

Leontief”s model explains a----- equilibrium. (a) static (b) dynamic © both static and dynamic (d) none of the above

Description : Leontief”s model explains a----- equilibrium. (a) static (b) dynamic © both static and dynamic (d) none of the above

Last Answer : (a) static

Hawkins Simon condition explains the----- condition in Input output model (a) Instability (b) Stability © Uniqueness (d) None of the above

Description : Hawkins Simon condition explains the----- condition in Input output model (a) Instability (b) Stability © Uniqueness (d) None of the above

Last Answer : (b) Stability

Which of the following best indicates economic growth of a Nation? (1) Agriculture income (2) Per capita income (3) Gross industrial production (4) Inflation

Description : Which of the following best indicates economic growth of a Nation? (1) Agriculture income (2) Per capita income (3) Gross industrial production (4) Inflation

Last Answer : (2) Per capita income Explanation: Some economists believe that economic growth is meaningless if it is not distributed across different segments of population. So per capita income is considered by ... Gross Domestic Product (GDP) is the most comprehensive measure of over-all economic performance.

An increase in per capital income is not an indication of an increase in the economic welfare of the people - (1) When such increase is the result of an increased production action of comforts (2) When such increase is the result of an increase in agricultural production (3) When it is the result of an increase in the production of industrial goods (4) When such increase is the result of increased production of intoxicants

Description : An increase in per capital income is not an indication of an increase in the economic welfare of the people - (1) When such increase is the result of an increased production action of ... the production of industrial goods (4) When such increase is the result of increased production of intoxicants

Last Answer : (4) When such increase is the result of increased production of intoxicants Explanation: An increase in per capita income due to increased production of intoxicants cannot be taken as economic ... population, include: GDP, literacy, access to health care, and assessments of environmental quality.

The fixed cost on such factors of production which are neither hired nor bought by the firm is called - (1) social cost (2) opportunity cost (3) economic cost (4) surcharged cost

Description : The fixed cost on such factors of production which are neither hired nor bought by the firm is called - (1) social cost (2) opportunity cost (3) economic cost (4) surcharged cost

Last Answer : (1) social cost Explanation: Social cost is defined as a sum of the private cost and external costs. The social cost is generally not borne by an individual. It may be borne by entire society, city or ... seller sells any product or item to buyer. This cost is added up from the use of that product.

Any factor of production can earn economic-rent, when its supply will be - (1) Perfectly elastic (2) Perfectly inelastic (3) Elastic in nature (4) All of the above

Description : Any factor of production can earn economic-rent, when its supply will be - (1) Perfectly elastic (2) Perfectly inelastic (3) Elastic in nature (4) All of the above

Last Answer : (2) Perfectly inelastic Explanation: Economic rent is the revenue that can be earned from the land or other natural resource for which there is a fixed supply - as economists like to say, the supply ... inelastic, the amount of its supply does not depend on any income that the resource can produce.

Which of the following best indicates economic growth of a Nation? (1) Agriculture income (2) Per capita income (3) Gross industrial production (4) Inflation

Description : Which of the following best indicates economic growth of a Nation? (1) Agriculture income (2) Per capita income (3) Gross industrial production (4) Inflation

Last Answer : Per capita income

An increase in per capital income is not an indication of an increase in the economic welfare of the people (1) When such increase is the result of an increased production of comforts (2) When such increase is the result of an increase in agricultural production (3) When it is the result of an increase in the production of industrial goods (4) When such increase is the result of increased production of intoxicants

Description : An increase in per capital income is not an indication of an increase in the economic welfare of the people (1) When such increase is the result of an increased production of comforts ( ... production of industrial goods (4) When such increase is the result of increased production of intoxicants 

Last Answer : When such increase is the result of increased production of intoxicants

Any factor of production can earn economic-rent, when its supply will be (1) Perfectly elastic (2) Perfectly inelastic (3) Elastic in nature (4) All of the above

Description : Any factor of production can earn economic-rent, when its supply will be (1) Perfectly elastic (2) Perfectly inelastic (3) Elastic in nature (4) All of the above

Last Answer : Perfectly inelastic

The fixed cost on such factors of production which are neither hired nor bought by the firm is called (1) social cost (2) opportunity cost (3) economic cost (4) surcharged cost

Description : The fixed cost on such factors of production which are neither hired nor bought by the firm is called (1) social cost (2) opportunity cost (3) economic cost (4) surcharged cost

Last Answer : social cost

Agricultural and Processed Food Products Export Development Authority (APEDA), which is mandated with export promotion of scheduled products including fruits, vegetables, poultry, meat, dairy etc, functions under which ministry? a. Ministry of Consumer Affairs, Food and Public Distribution b. Ministry of Food Processing Industriesc. Ministry of Agriculture and Farmers Welfared. Ministry of Commerce and Industry

Description : Agricultural and Processed Food Products Export Development Authority (APEDA), which is mandated with export promotion of scheduled products including fruits, vegetables, poultry, meat, dairy etc, ... Industries c. Ministry of Agriculture and Farmers Welfare d. Ministry of Commerce and Industry

Last Answer : d. Ministry of Commerce and Industry

Agricultural and Processed Food Products Export Development Authority (APEDA), which is mandated with export promotion of scheduled products including fruits, vegetables, poultry, meat, dairy etc, functions under which ministry? a. Ministry of Consumer Affairs, Food and Public Distribution b. Ministry of Food Processing Industries c. Ministry of Agriculture and Farmers Welfare d. Ministry of Commerce and Industry

Description : Agricultural and Processed Food Products Export Development Authority (APEDA), which is mandated with export promotion of scheduled products including fruits, vegetables, poultry, meat, dairy etc, functions under which ministry? a. Ministry of Consumer Affairs, Food and Public Distribution

Last Answer : d. Ministry of Commerce and Industry

The outcome of 'devaluation of currency' is - (1) increased export and improvement in balance of payment (2) increased export and foreign reserve deficiency (3) increased import and improvement in balance of payment (4) increased export and import

Description : The outcome of 'devaluation of currency' is - (1) increased export and improvement in balance of payment (2) increased export and foreign reserve deficiency (3) increased import and improvement in balance of payment (4) increased export and import

Last Answer : (1) increased export and improvement in balance of payment Explanation: Devaluation is a reduction in the exchange value of a country's monetary unit in terms of gold, silver, or foreign ... home country's export sales and discourages expenditures on imports, thus improving its balance of payments.

What is the objective of agriculture extension education in India ? a. Dissemination of useful information b. All round improvement of rural people c. Practical application of useful knowledge d. All of these

Description : What is the objective of agriculture extension education in India ? a. Dissemination of useful information b. All round improvement of rural people c. Practical application of useful knowledge d. All of these

Last Answer : d. All of these

Most important objective of mixed farming is — a. Subsistence b. Income generation c. Soil fertility improvement d. Soil conservation

Description : Most important objective of mixed farming is — a. Subsistence b. Income generation c. Soil fertility improvement d. Soil conservation

Last Answer : a. Subsistence

Mass pedigree selection method of breeding is useful for improvement of — crop a. Self pollinated b. Cross pollinated c. Both a & b d. None of these

Description : Mass pedigree selection method of breeding is useful for improvement of — crop a. Self pollinated b. Cross pollinated c. Both a & b d. None of these

Last Answer : a. Self pollinated

The outcome of ‘devaluation of currency’ is (1) increased export and improvement in balance of payment (2) increased export and foreign reserve deficiency (3) increased import and improvement in balance of payment (4) increased export and import

Description : The outcome of ‘devaluation of currency’ is (1) increased export and improvement in balance of payment (2) increased export and foreign reserve deficiency (3) increased import and improvement in balance of payment (4) increased export and import 

Last Answer :  increased export and improvement in balance of payment

According to the Employment Outlook 2007 reports of the Organisation for Economic Cooeration and Development (OECD), the number of new jobs created in India every year from 2000 to 2005 is - (1) 5 million (2) 8 million (3) 11 million (4) 13 million

Description : According to the Employment Outlook 2007 reports of the Organisation for Economic Cooeration and Development (OECD), the number of new jobs created in India every year from 2000 to 2005 is - (1) 5 million (2) 8 million (3) 11 million (4) 13 million

Last Answer : (3) 11 million Explanation: Over the period 2000-05, India generated 11.3 million net new jobs per year, on average. The figure was 7 million in China, 2.7 million in Brazil and 0.7 million jobs hi ... of 3.7 million net new jobs generated in the OECD area as a whole each year over the same period.

Which of the following is a consequence of inflationary price rise? (1) Obstacle in development (2) Increase in economic inequalities (3) All of these (4) Adverse effect on the balance of payment

Description : Which of the following is a consequence of inflationary price rise? (1) Obstacle in development (2) Increase in economic inequalities (3) All of these (4) Adverse effect on the balance of payment

Last Answer : (3) All of these Explanation: Inflationary price rise is harmful to a country's economic performance and to the welfare of its citizens. It can create a random redistribution of income given that ... development as it has an adverse effect on saving and investment and causes a fall in growth.