Education System in India

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Questions and Answers

What age group is provided with free and compulsory education as a fundamental right in India?

  • Ages 6 to 14 (correct)
  • Ages 14 to 18
  • Ages 18 to 21
  • Ages 3 to 6

What is the approximate ratio of public schools to private schools in India?

  • 3:10
  • 3:1
  • 10:1
  • 1:3 (correct)

Which level of education primarily covers early childhood education in India?

  • Secondary education
  • Primary education (correct)
  • Higher education
  • Vocational education

What factor significantly influences education in India according to the text?

<p>Religion (B)</p> Signup and view all the answers

What policy at the national level is mentioned in the text as influencing education in India?

<p>National Education Policy 2020 (A)</p> Signup and view all the answers

What does aggregate demand (AD) represent in economics?

<p>The total demand for final goods and services in an economy at a given time (B)</p> Signup and view all the answers

What makes up the aggregate demand in an economy?

<p>Consumer spending, investment, corporate and government expenditure, and net exports (D)</p> Signup and view all the answers

On what axes is the aggregate demand curve plotted?

<p>Real output on the horizontal axis and price level on the vertical axis (D)</p> Signup and view all the answers

What does the Pigou effect suggest in relation to the aggregate demand curve?

<p>A higher price level implies lower real wealth and therefore lower consumption spending (A)</p> Signup and view all the answers

How is the downward sloping aggregate demand curve derived?

<p>With the help of three macroeconomic assumptions about the functioning of markets: Pigou's wealth effect, Keynes' interest rate effect, and the Mundell–Fleming exchange-rate effect (C)</p> Signup and view all the answers

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