CBSE Questions for Class 10 Economics Development Quiz 2 - MCQExams.com

• Citizen-centric developmental activities are core elements of good governance. 
  
• People-centric activities will ensure transparency and accountability.
• Usually, people-centric activities are executed using NGOs in India.
  

• The policy of balanced regional development was adopted in the third Five Year Plan.
• The balanced regional development includes area development plans, appropriate land and housing policies, establishing new towns and industrial planning.
  

• HDI stands for Human Development Index
• HDI rank of India in 2006 is 126 out of 177 countries

• GDP is the total value of all final goods and services produced during a particular year in a definite territory.
• GDP can be calculated at market price or factor cost.
• INDIA - GDP- 1.877 Trillion USD.
  

• Income of a country means the total value of goods and services produced in year by the residents of a country under consideration.
• National income is measured by NNP at factor cost.

The World Bank brought out the World Development Report, 2006. The criterion of average income, also known as per capita income is used in classifying countries. Accordingly, the countries were classified as rich countries or low-income countries. Thus, Countries having per capita the income of Rs 4,53,000 p.a. and above in 2004 are known as rich countries. Those with per capita income of Rs 37000 or less are known as low-income countries.

Thus, the correct answer is B.

The World Bank brought out the World Development Report, 2006. The indicator considered as the most appropriate for comparing countries was income. The average income, also known as per capita income was used to classify countries as rich countries or low-income countries. Countries with Rs 4,53,000 p.a. or more and  Rs 37000 or less were classified as rich and low income countries respectively.

Thus, the correct answer is B.

• Average income or per capita income is the total income of the country divided by the number of people in that country.
• Per capita income is the main criterion used by the World Bank in classifying different countries.

• Per capita income is the main criterion used by the World Bank in classifying different countries.
• The World Bank calculates per capita incomes of different countries in US Dollars as it is the largest used currency in the world.
  

• Sustainable development seeks to prevent:

• Countries having per capita income less than US $825 per annum are considered as developing countries or low-income countries (World Development Report - 2006).
  

Morris David Morris created the physical quality of life index (PQLI), which assessed conditions in a country from its infant mortality rate, basic literacy rate, and life expectancy at age one.

• The GDP of India in 2003 was Rs. 210,000 crores.

• GDP can be calculated at market price or factor cost.

• The Council for Advancement of People's Action and Rural Technology (CAPART) was set up in 1986. 
• It helps in assisting and evaluating the rural welfare programs.
  

• Chairman of NDC is the Prime Minister.
• NDC is also known as Rashtriya Vikas Parishad.
• It was setup in 1952.

• 1: The Human Development Index (HDI) is a measure of basic human developments within 188 countries, released by the UN in its annual Human Development Report.
• 2: It uses three categories of human development -  categorised as a long and healthy lifestyle, access to knowledge and decent standard of living - to assess the long-term progress of nations.
• 3:Norway ranks at the top, followed by Australia and Switzerland.

• Economics development :
  1:It is a continuous process
  

Social inequality is not a parameter in HDI. 

Parameters of HDI are:
1.life expectancy at birth
2.mean years of schooling
3.standard of living.

• Process of economic development means socio-economic-ethical-institutional and cultural change in the society or country.