Question : Assertion: China adopted the 'Great Leap Forward Campaign' which transformed it into a modern economy from an agrarian economy through rapid industrialization.
Reason: Under this campaign, students and many professionals were sent to work countryside.
Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is true, but the reason is false.
Option 4: Assertion is false, but the reason is true.
Correct Answer: Assertion is false, but the reason is true.
Solution : The correct answer is (d) The assertion is false, but the reason is true.
Assertion is false. The Great Leap Forward was a disastrous campaign that led to widespread famine and economic collapse. It did not transform China into a modern economy, and it actually set back China's economic development by many years.
Reason is true. Under the Great Leap Forward, millions of students and professionals were sent to work in the countryside. This was done in an attempt to mobilize the rural population and increase agricultural production.
Therefore, the assertion is false, but the reason is true.
Question : Statement 1: The sectoral composition of GDP in India, Pakistan, and China is characterized by the dominance of the primary sector.
Statement 2: Services such as IT, telecommunications, banking, and tourism plays a negligible role in the economies of these countries.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, Statement 2 is false.
Option 4: Statement 2 is true, Statement 1 is false.
Question : Given below are four jumbled sentences. Pick the option that gives their correct order.
Mount Everest is a peak in the Himalayas mountain range. P. It is located between Nepal and Tibet, an autonomous region of China. Q. At 8,849 meters (29,032 feet), it is considered the tallest point on Earth. R. In the nineteenth century, the mountain was named after George Everest, a former Surveyor General of India. S. The Tibetan name is Chomolungma, which means “Mother Goddess of the World.”
The Nepali name is Sagarmatha, which has various meanings.
Option 1: PQRS
Option 2: SPQR
Option 3: SRQP
Option 4: RPSQ
Question : Comprehension: Read the passage carefully and answer the questions that follow. India's favourable demographic trends, which have increased the workforce's percentage of the overall population, have paved the way for a significant middle-class expansion. A big population bulge emerging from absolute poverty and set to reach the middle class would generate new dynamics. In India, over 55 percent of the population is predicted to reach the middle class. In reality, because India's demographics are significantly younger than China and the United States, the country's middle class might be the world's largest (in terms of population) by 2025. It is no exaggeration to argue that future growth will be reliant on the increasing middle class and that the middle class's development will be reliant on growth. Growth has been fuelled by both private consumption and saving, both of which are fuelled by the middle class. India's private consumption accounts for over 60% of the country's GDP, while private consumption growth has contributed to 70% of the country's growth since 2000. Even though China's middle class is now greater than India's, private spending in the former accounts for a lesser share of growth. In contrast to the United States, where domestic savings are dropping and the country borrows excess funds from outside to invest and expand, India's domestic savings and investments are increasing and funding investments. The emergence of the middle class is anticipated to coincide with a transition away from large-scale informality, which now characterises much of the services and industrial sectors, and toward more formal, wage-earning, and medium-scale firms. Technological advancements will spread at a faster rate. Cities will expand as job possibilities concentrate on them. If there is enough movement across states and from rural to urban regions, the population increase will be more evenly distributed.
Question: Select the most suitable title for the given passage.
Option 1: Middle Class and Economic Growth
Option 2: Dropping Domestic Savings in the USA
Option 3: Favourable Demographic Trends in India
Option 4: Rise of the Middle Class in India
Question: What is the tone of the passage?
Option 1: Critical
Option 2: Objective
Option 3: Subjective
Option 4: Didactic
Question : Comprehension: Read the passage carefully and answer the questions that follow. India's favourable demographic trends, which have increased the workforce's percentage of the overall population, have paved the way for a significant middle-class expansion. A big population bulge emerging from absolute poverty and set to reach the middle class would generate new dynamics. In India, over 55 percent of the population is predicted to reach the middle class. In reality, because India's demographics are significantly younger than China and the United States, the country's middle class might be the world's largest (in terms of population) by 2025. It is no exaggeration to argue that future growth will be reliant on the increasing middle class and that the middle class's development will be reliant on growth. Growth has been fuelled by both private consumption and saving, both of which are fuelled by the middle class. India's private consumption accounts for over 60% of the country's GDP, while private consumption growth has contributed to 70% of the country's growth since 2000. Even though China's middle class is now greater than India's, private spending in the former accounts for a lesser share of growth. In contrast to the United States, where domestic savings are dropping and the country borrows excess funds from outside to invest and expand, India's domestic savings and investments are increasing and funding investments. The emergence of the middle class is anticipated to coincide with a transition away from large-scale informality, which now characterises much of the services and industrial sectors, and toward more formal, wage-earning, and medium-scale firms. Technological advancements will spread at a faster rate. Cities will expand as the necessities concentrate on them. If there is enough movement across states and from rural to urban regions, the population increase will be more evenly distributed.
Question: Which of the following options has contributed to the expansion of the middle class?
Option 1: Evenly distributed economic opportunities
Option 2: Increased private consumption
Option 3: Increased workforce percentage
Option 4: Increased foreign investment
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