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Andhra Pradesh SSC (Class 10) Economic Development & Banking — practice questions — page 2

Explore 50 free Economic Development & Banking questions in Andhra Pradesh SSC (Class 10) Social Science. Open each question or exercise to read its content, reference answers and available explanation.

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Economic Development & Banking questions and exercises with answers

Showing questions 31–50 of 50.

Apart from per capita income, which indicator is used in the Human Development Index?Read the answer and worked solution →The Infant Mortality Rate (IMR) indicatesRead the answer and worked solution →Why might per capita income alone be a poor measure of development?Read the answer and worked solution →Sustainable development means development thatRead the answer and worked solution →Which of these is NOT a non-material goal of development?Read the answer and worked solution →Comparing two countries by total income is misleading becauseRead the answer and worked solution →Which of these is a renewable resource sometimes used as a development indicator?Read the answer and worked solution →The Brundtland Commission Report introducing the concept of 'Sustainable Development' was published inRead the answer and worked solution →Which of these is a resource based on the criterion of OWNERSHIP?Read the answer and worked solution →Conflicting developmental goals can arise whenRead the answer and worked solution →Purchasing Power Parity (PPP) is used toRead the answer and worked solution →Which institution publishes the Human Development Report?Read the answer and worked solution →Activities like agriculture, mining, fishing, and forestry belong to which sector?Read the answer and worked solution →Manufacturing activities belong to which sector?Read the answer and worked solution →Banking, insurance, transport and storage belong to which sector?Read the answer and worked solution →Gross Domestic Product (GDP) isRead the answer and worked solution →Disguised unemployment is typically found in which sector?Read the answer and worked solution →Which sector employs the largest share of India's workforce despite contributing less to GDP?Read the answer and worked solution →MGNREGA (2005) was enacted to addressRead the answer and worked solution →The unorganised sector employsRead the answer and worked solution →

Worked practice questions

Apart from per capita income, which indicator is used in the Human Development Index?

  1. Number of factories
  2. Number of registered vehicles
  3. Literacy rate and life expectancy
  4. Foreign exchange reserves
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Correct answer: C. Literacy rate and life expectancy

1. HDI uses life expectancy, education (literacy / years of schooling), and income per capita. 2. These capture quality of life beyond pure income. 3. HDI is published by the UNDP. _Source: syllabus Understanding Economic Development, Ch 1 "Development"_

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The Infant Mortality Rate (IMR) indicates

  1. deaths in road accidents
  2. deaths of adults per 1000 population
  3. births per 1000 women
  4. deaths of children below one year per 1000 live births
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Correct answer: D. deaths of children below one year per 1000 live births

1. IMR = number of children dying before age 1 per 1000 live births. 2. It is a sensitive indicator of healthcare and nutrition. 3. Kerala's IMR is much lower than Bihar's, despite lower per capita income. _Source: syllabus Understanding Economic Development, Ch 1 "Development"_

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Why might per capita income alone be a poor measure of development?

  1. It hides inequality in income distribution
  2. It cannot be measured accurately
  3. It is always inflated by governments
  4. It double-counts agricultural income
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Correct answer: A. It hides inequality in income distribution

1. Two countries can have identical average income but very different distribution. 2. Per capita income hides whether everyone is better off or only a few are. 3. The Country A vs Country B example in the chapter illustrates this clearly. _Source: syllabus Understanding Economic Development, Ch 1 "Development"_

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