Chapter 7: Indian Economy - Growth and Development

InstrumentalBasilisk avatar
InstrumentalBasilisk
·
·
Download

Start Quiz

Study Flashcards

30 Questions

What did Ramachandra Guha call J.C. Kumarappa?

The Green Gandhian

Which of the following economic theories did Kumarappa develop?

Gandhian Economics

What did Kumarappa strongly support, according to the text?

Gandhi's notion of village industries

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

Nonviolence, human dignity and development

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

Both socialism's class war and capitalism's materialism

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

China, Eastern Europe, and Japan

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

Sustainable development, environmental conservation, and good governance

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

Gross Domestic Product (GDP)

Who coined the term 'Gross National Happiness'?

The fourth king of Bhutan, Jigme Singye Wangchuck

What is the primary difference between GDP and GNHI?

GDP measures monetary value, while GNHI measures non-monetary factors like well-being

What does the level of economic development depend on?

An increase in citizens' quality of life or well-being

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

National income

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

What is the primary reason cited for the outdated technology in agriculture and small-scale industries in India?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

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

India ranks second in the world in terms of population size, after China

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

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

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

The scientific study of the characteristics of population

Which of the following is a renewable resource?

Wind energy

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

Deforestation

What is the primary measure used to assess economic growth?

Gross Domestic Product (GDP)

Which of the following is a non-renewable resource?

Coal

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

What is the main gold mine region in Karnataka?

Kolar

What does Sen consider as the main cause of famine?

Failure to establish a system of entitlements

How does Sen define capability in the context of wellbeing?

The ability to transform primary goods into wellbeing

What is Amartyasen's view of the poor?

In need of empowerment and education

What is per capita income a measure of?

National income per head of population

Which term refers to goods and services provided by nature?

Natural resources

What did Amartyasen focus on regarding the poor?

Empowerment, education, health, and nutrition

Test your knowledge on the meaning of growth and development in the context of the Indian Economy. Explore the contributions of major Indian Economic Thinkers and learn about Quality of Life Index (PQLI) and Gross National Happiness Index (GNHI).

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free

More Quizzes Like This

Indian Economy Growth in 2022-23
9 questions
Indian Economy Sectors and Growth Quiz
10 questions
Indian Economy Growth Rates Overview
12 questions
Use Quizgecko on...
Browser
Browser