Chapter 7: Indian Economy - Growth and Development

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What did Ramachandra Guha call J.C. Kumarappa?

The Green Gandhian (correct)

The Pioneer of Village Industries

The Founder of Rural Development Theories

The Father of Gandhian Economics

Which of the following economic theories did Kumarappa develop?

Marxian Economics

Gandhian Economics (correct)

Classical Economics

Keynesian Economics

What did Kumarappa strongly support, according to the text?

Gandhi's notion of industrialization

Gandhi's notion of village industries (correct)

Gandhi's notion of urbanization

Gandhi's notion of globalization

Which of the following values did Kumarappa's economic theories emphasize?

Nonviolence, human dignity and development Signup and view all the answers

Which of the following did Kumarappa reject in his economic theories?

Both socialism's class war and capitalism's materialism Signup and view all the answers

In addition to India, which other countries did Kumarappa visit to study their rural economic systems?

China, Eastern Europe, and Japan Signup and view all the answers

What does the Gross National Happiness Index (GNHI) measure?

Sustainable development, environmental conservation, and good governance Signup and view all the answers

Which of the following is used to measure a country's economic growth?

Gross Domestic Product (GDP) Signup and view all the answers

Who coined the term 'Gross National Happiness'?

The fourth king of Bhutan, Jigme Singye Wangchuck Signup and view all the answers

What is the primary difference between GDP and GNHI?

GDP measures monetary value, while GNHI measures non-monetary factors like well-being Signup and view all the answers

What does the level of economic development depend on?

An increase in citizens' quality of life or well-being Signup and view all the answers

Which of the following is NOT a factor measured by the Gross National Happiness Index (GNHI)?

National income Signup and view all the answers

What does the term 'jobless growth' refer to in the context of the Indian economy?

A situation where economic growth is occurring without a corresponding increase in employment opportunities Signup and view all the answers

What is the primary reason cited for the outdated technology in agriculture and small-scale industries in India?

The reason is not explicitly mentioned in the text Signup and view all the answers

How does India's population size compare to other countries?

India ranks second in the world in terms of population size, after China Signup and view all the answers

What is the significance of the statement 'every 6th person in the world is an Indian'?

It highlights India's large population size relative to the world population Signup and view all the answers

What is the trend observed in the birth and death rates in India, according to the text?

Birth rates have decreased more than death rates Signup and view all the answers

What is the definition of 'Demography' provided in the text?

The scientific study of the characteristics of population Signup and view all the answers

Which of the following is a renewable resource?

Wind energy Signup and view all the answers

What is the term used to describe the clearing of forests and conversion of forest land to non-forest use?

Deforestation Signup and view all the answers

What is the primary measure used to assess economic growth?

Gross Domestic Product (GDP) Signup and view all the answers

Which of the following is a non-renewable resource?

Coal Signup and view all the answers

What is the term used to describe the situation where energy resources are less than the demand, leading to a shortage of energy?

Energy crisis Signup and view all the answers

What is the main gold mine region in Karnataka?

Kolar Signup and view all the answers

What does Sen consider as the main cause of famine?

Failure to establish a system of entitlements Signup and view all the answers

How does Sen define capability in the context of wellbeing?

The ability to transform primary goods into wellbeing Signup and view all the answers

What is Amartyasen's view of the poor?

In need of empowerment and education Signup and view all the answers

What is per capita income a measure of?

National income per head of population Signup and view all the answers

Which term refers to goods and services provided by nature?

Natural resources Signup and view all the answers

What did Amartyasen focus on regarding the poor?

Empowerment, education, health, and nutrition Signup and view all the answers