Chapter 7: Indian Economy - Growth and Development
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Questions and Answers

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?

    <p>Nonviolence, human dignity and development</p> Signup and view all the answers

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

    <p>Both socialism's class war and capitalism's materialism</p> Signup and view all the answers

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

    <p>China, Eastern Europe, and Japan</p> Signup and view all the answers

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

    <p>Sustainable development, environmental conservation, and good governance</p> Signup and view all the answers

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

    <p>Gross Domestic Product (GDP)</p> Signup and view all the answers

    Who coined the term 'Gross National Happiness'?

    <p>The fourth king of Bhutan, Jigme Singye Wangchuck</p> Signup and view all the answers

    What is the primary difference between GDP and GNHI?

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

    What does the level of economic development depend on?

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

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

    <p>National income</p> Signup and view all the answers

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

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

    What is the primary reason cited for the outdated technology in agriculture and small-scale industries in India?

    <p>The reason is not explicitly mentioned in the text</p> Signup and view all the answers

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

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

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

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

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

    <p>Birth rates have decreased more than death rates</p> Signup and view all the answers

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

    <p>The scientific study of the characteristics of population</p> Signup and view all the answers

    Which of the following is a renewable resource?

    <p>Wind energy</p> 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?

    <p>Deforestation</p> Signup and view all the answers

    What is the primary measure used to assess economic growth?

    <p>Gross Domestic Product (GDP)</p> Signup and view all the answers

    Which of the following is a non-renewable resource?

    <p>Coal</p> 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?

    <p>Energy crisis</p> Signup and view all the answers

    What is the main gold mine region in Karnataka?

    <p>Kolar</p> Signup and view all the answers

    What does Sen consider as the main cause of famine?

    <p>Failure to establish a system of entitlements</p> Signup and view all the answers

    How does Sen define capability in the context of wellbeing?

    <p>The ability to transform primary goods into wellbeing</p> Signup and view all the answers

    What is Amartyasen's view of the poor?

    <p>In need of empowerment and education</p> Signup and view all the answers

    What is per capita income a measure of?

    <p>National income per head of population</p> Signup and view all the answers

    Which term refers to goods and services provided by nature?

    <p>Natural resources</p> Signup and view all the answers

    What did Amartyasen focus on regarding the poor?

    <p>Empowerment, education, health, and nutrition</p> Signup and view all the answers

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