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CBSE Questions for Class 10 Economics Development Quiz 6 - MCQExams.com
CBSE
Class 10 Economics
Development
Quiz 6
In an under-developed economy, Poverty is _____________.
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0%
not found at all
0%
minimum
0%
moderate
0%
maximum and wide-spread
Explanation
In an under-developed economy, Poverty is maximum widespread. Employment opportunities are less and hence income is less and people have to maintain a low standard of living. As a consequence, poverty prevails in underdeveloped countries.
Underdeveloped countries can be referred to those countries which are backward economically.
Which country has over taken China and has ranked as the top country in $$2017$$ Global Retail Development Index (GRDI) released by A.T.Kearney?
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0%
US
0%
India
0%
Brazil
0%
Japan
Explanation
India has over taken China and has ranked as the top country in 2017 Global Retail Development Index (GRDI) released by A.T.Kearney. Global Retail Development Index helps to provide ranks to 30 countries on the basis of retail expansion worldwide.
In an under-developed economy, the majority of the population __________.
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0%
is dependent population
0%
is illiterate population
0%
has a traditional social life
0%
all of the above
Explanation
In an under-developed economy, the majority of the population:
a) is dependent population
b) is illiterate population
c) has a traditional social life
People living in underdeveloped countries have a low standard of living as the the income generation and employment opportunities are low.
Underdeveloped countries can be referred to those countries which are backward economically.
In an under-developed economy, the people's ability to save is low, due to __________.
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0%
low levels of income
0%
wide-spread poverty
0%
higher propensity to consume
0%
all of the above
Explanation
In an under-developed economy, the people's ability to save is low, due to :
a) low levels of income
b) wide-spread poverty
c) higher propensity to consume
Therefore because of the following reasons, in an under-developed economy, the people's ability to save is low.
Underdeveloped countries can be referred to those countries which are backward economically.
In an under-developed economy, investment in research and development is ___________.
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0%
low
0%
high
0%
moderate
0%
nothing can be said
Explanation
In an under-developed economy, investment in research and development is low. Scope for investing in research and development is very low in underdeveloped economies.
Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.
In an under-developed economy, the people's ability to save is _______.
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0%
low
0%
high
0%
moderate
0%
controlled by government policies
Explanation
In an under-developed economy, the people's ability to save is low.
Factors which affect the people's ability to save are:
a) low levels of income
b) wide-spread poverty
c) higher propensity to consume
Underdeveloped countries can be referred to those countries which are backward economically.
In an under-developed economy, the standard of living is _________.
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0%
low
0%
high
0%
moderate
0%
nothing can be said
Explanation
In an under-developed economy, the standard of living is low.
People living in underdeveloped countries have a low standard of living as the the income generation and employment opportunities are low.
Underdeveloped countries can be referred to those countries which are backward economically.
In an under-developed economy, the rate of Capital Formation and Investment is _________.
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0%
low
0%
high
0%
moderate
0%
controlled by government policies
Explanation
In an under-developed economy, the rate of Capital Formation and Investment is low. Employment opportunities and income generation are quite low in underdeveloped countries and hence as a consequence, capital formation or capital accumulation and investment function of the economy is quite low.
Underdeveloped countries can be referred to those countries which are backward economically.
In an under-developed economy, the production techniques employed are ___________.
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0%
modern and uptodate
0%
primitive and backward
0%
both (a) and (b)
0%
neither (a) nor (b)
Explanation
In an under-developed economy, the production techniques employed are primitive and backward. Underdeveloped economies still rely on the traditional methods of production.
Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.
In an under-developed economy, the majority of the population is ____________.
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0%
dependent population
0%
income earning population
0%
tax payers
0%
literate
Explanation
In an under-developed economy, the majority of the population is dependent population. This means that most of the people living in the underdeveloped economies do not fall under the category of working population, i.e, people are not employed.
Underdeveloped countries can be referred to those countries which are backward economically.
In an under-developed economy, the rate of Population Growth is __________.
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0%
low
0%
high
0%
moderate
0%
nothing can be said
Explanation
In an under-developed economy, the rate of Population Growth is high. Population increase day by day in underdeveloped countries but the quality of human capital is low, which ultimately hinder the process of economic growth.
Underdeveloped countries can be referred to those countries which are backward economically.
In an under-developed economy, the productivity of Labour is ________.
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0%
low
0%
high
0%
moderate
0%
nothing can be said
Explanation
In an under-developed economy, the productivity of Labour is low as the production function is quite low in underdeveloped economies.
Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.
Which of these is a feature of an under-developed economy?
Report Question
0%
Low Standard of Living of People
0%
Low Productivity of Labour
0%
Use of backward and primitive Production Techniques
0%
All of the above
Explanation
Features of an under-developed economy are:
a) Low standard of living
b) Low productivity of labour
c) Use of backward and primitive production techniques.
Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.
In an under-developed economy, employment and under-employment are ____________.
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0%
low
0%
high
0%
moderate
0%
nothing can be said
Explanation
In an under-developed economy, employment and under-employment are low. In underdeveloped countries employment opportunities are low and hence income generation is also very poor.
Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.
In an under-developed economy, there is ___________ participation in Foreign Trade.
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0%
low
0%
high
0%
moderate
0%
nothing can be said
Explanation
In an under-developed economy, there is low participation in Foreign Trade. Foreign trade prevails at a wider scale in developing and developed countries.
Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.
In an under-developed economy, General Income Levels and Real Income (Purchasing Power) are ___________.
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0%
low
0%
high
0%
moderate
0%
nothing can be said
Explanation
In an under-developed economy, General Income Levels and Real Income (Purchasing Power) are low.
In underdeveloped countries employment opportunities are low and hence income generation is also very poor.
Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.
In an under-developed economy, there is ___________.
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0%
relative equality of incomes
0%
high degree of inequality of incomes
0%
no income at all
0%
nothing can be said
Explanation
In an under-developed economy, there is high degree of inequality in incomes. Rich-poor divide gap is wide in the underdeveloped countries because of inequality.
Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.
In an under-developed economy, the production techniques employed are primarily _________________.
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0%
Capital - Intensive
0%
Labour - Intensive
0%
Both (a) and (b)
0%
Neither (a) nor (b)
Explanation
In an under-developed economy, the production techniques employed are primarily labour intensive. Population is very high in underdeveloped countries and hence labour intensive methods of production is primarily used.
Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.
Which of the following is not a cause of under developed country?
Report Question
0%
Unemployment & Poverty
0%
Over Population
0%
Income Inequalities
0%
Dominance of Mass Consumption
Explanation
Dominance of Mass consumption is not a cause of under developed country.
Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.
The term underdevelopment implies __________.
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0%
social institutions are very backward
0%
low per capita real income
0%
high level of economic and technological backwardness
0%
high population growth
Explanation
Underdevelopment refers to the economic and technological backwardness of an economy where the economy has a high level backwardness in all the types of sectors but mainly economic and technological sector.
Which of these is not a feature of an under-developed economy?
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0%
High Standard of Living of People
0%
Higher percentage of dependent Population
0%
Low Rate of Capital Formation
0%
Low Productivity of Labour
Explanation
High standard of living is not feature of an underdeveloped economy. Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.
Generally an economy is considered underdeveloped if ___________________.
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0%
The standard of living of people is low and productivity is also considerably low
0%
Agriculture is the main occupation of the people and productivity in agriculture is quality low
0%
The production techniques are backward
0%
All of the above
Explanation
Generally an economy is considered underdeveloped if:
a) The standard of living of people is low and productivity is also considerably low
b) Agriculture is the main occupation of the people and productivity in agriculture is quality low
c) The production techniques are backward
Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.
Generally an economy is considered under developed if ____________.
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0%
the standard of living of people is low and productivity is also considerably low
0%
agriculture is the main occupation of the people and productivity in agriculture is quite low
0%
the production techniques are backward
0%
all of the above
Explanation
Generally an underdeveloped economy is characterized with low standard of living of people, low productivity, agriculture as the main occupation, low productivity in agriculture and backward production techniques.
An underdeveloped economy is generally characterized by ____________.
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0%
high ratio of commercial farming to subsistence farming
0%
high ratio of industrial output to total output
0%
high utilization of existing capital in the economy
0%
coexistence of underutilized labour with unexploited national and other resources
Explanation
An underdeveloped economy is generally characterized by coexistence of underutilized labour with unexploited national and other resources. Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.
The basic reason of considering the Indian Economy as under developed economy is _____________.
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0%
wide spread of poverty
0%
high growth of population
0%
high income inequalities
0%
all of these
Explanation
The basic reason of considering the Indian Economy as under developed economy is :
a) wide spread of poverty
b) high growth of population
c) high income inequalities.
Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.
Economy is said to be under developed if:
(i)About 60 to 80% of the population is engaged in agriculture and allied activities.
(ii) Burden of population and dependent population is very high
(iii) Capital formation is very low due to lack of saving.
(iv) Productivity of labour production facility and standard of living is very low.
(v) Incidence of underemployment and unemployment is very high.
Select the correct codes option
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0%
(i) And (ii).
0%
(i), (ii) and (iii)
0%
(i), (iii), (iv) and (v)
0%
(i), (ii), (iii), (iv) and (v)
Explanation
Economy is said to be under developed if:
(i)About 60 to 80% of the population is engaged in agriculture and allied activities.
(ii) Burden of population and dependent population is very high
(iii) Capital formation is very low due to lack of saving.
(iv) Productivity of labour production facility and standard of living is very low.
(v) Incidence of underemployment and unemployment is very high.
Underdeveloped economy can be referred to those countries which are economically backward.
Select the correct statement/s related to India's development model, using the code given below:
Policies inducing attitudinal changes are examples of normative development model.
Normative development model is organic in nature.
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0%
Only 1
0%
Only 2
0%
1 and 2
0%
Neither I nor 2
Explanation
Such a model is being emphasised by the Government under the new economic think tank. the Niti Aayog.
Which of the following Nobel laureates in Economics sees development in terms of 'freedoms' and 'capabilities'?
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0%
Joseph Stiglitz
0%
Paul Krugman
0%
Jeffrey Sachs
0%
None of the above
Explanation
This is Amartya Sen who opined that enhancing the lives and the 'freedoms' we enjoy should be the concerns of development known as the 'capabilities' approach to development.
Technological development relates to ________________.
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0%
Intervention and Innovation
0%
Innovations
0%
Inventions or innovation
0%
All the above
Explanation
Technical development relates to anything in regions to the inventions or innovations.
Which of the following is/are correct about the 'income of individuals'? Select your answer using the code given below:
Their real income is what they get after adjusting the weight of inflation.
Their nominal incomes is what they get after adjusting the weight of the direct taxes.
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0%
Only 1
0%
Only 2
0%
1 and 2
0%
Neither 1 nor 2
Explanation
Nominal income does not adjust the weight of direct taxes (after adjusting direct taxes we get the 'disposable income'). Nominal income is the income which accrues in the hands of the individuals (and it is without either the inflation or the direct taxes).
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