Question : Statement 1: Lower percentage of the undernourished population is an indicator of a greater degree of human development.
Statement 2: Higher value of HDI points to a higher rank and a higher level of human development as a consequence of overall growth of the economy.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true and Statement 2 is false.
Option 4: Statement 2 is true and Statement 1 is false.
Correct Answer: Both statements are true.
Solution : The correct option is (a) Both statements are true.
Statement 1 is true. A lower percentage of the undernourished population can be considered an indicator of a greater degree of human development. Adequate nutrition is a fundamental aspect of human well-being, and a lower prevalence of undernourishment generally reflects improved living standards and access to food.
Statement 2 is also true. A higher value of the Human Development Index (HDI) does indicate a higher rank and a higher level of human development. The HDI takes into account various factors such as life expectancy, education,and income, providing a comprehensive measure of a country's overall development. A higher HDI value generally corresponds to greater achievements in these areas and reflects a higher level of human development.
Question : Statement 1: Pakistan has a higher rate of population growth compared to India and China.
Statement 2: Factors such as high fertility rates and inadequate family planning contribute to Pakistan's higher population growth rate.
Option 3: Statement 1 is true, Statement 2 is false.
Option 4: Statement 2 is true, Statement 1 is false.
Question : Statement 1: The National Skill Development Corporation (NSDC) is a public-private partnership initiative.
Statement 2: NSDC focuses on skill development in the formal sector of the Indian economy.
Option 3: Statement 1 is true, statement 2 is false.
Option 4: Statement 1 is false, statement 2 is true.
Question : Statement 1: The workforce participation rate in India is higher than in Pakistan.
Statement 2: India's labor-intensive industries and large population contribute to a higher workforce participation rate.
Question : Statement 1: The production possibilities curve (PPC) represents the maximum combination of goods that can be produced in an economy. Statement 2: Points inside the PPC represent efficient resource allocation.
Option 1: Statement 1 is true, and statement 2 is false.
Option 2: Statement 1 is false, and statement 2 is true.
Option 3: Both statements 1 and 2 are true.
Option 4: Both statements 1 and 2 are false.
Question : Statement 1: Microeconomics focuses on the study of individual economic agents and their behavior.
Statement 2: Macroeconomics focuses on the study of the overall performance and behavior of the economy.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile