Question : Which of the following is considered a good indicator of economic growth?
Option 1: The steady increase in loan
Option 2: Steady increase in international trade
Option 3: Steady increase in population
Option 4: The steady increase in the GDP
Correct Answer: The steady increase in the GDP
Solution : The correct option is a Steady increase in the GDP.
A steady increase in Gross Domestic Product (GDP) over time is generally considered a positive sign for an economy. GDP measures the total value of all goods and services produced within a country's borders during a specific period. When GDP consistently grows, it indicates that the economy is expanding and more goods and services are being produced.
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Question : What is not a goal of Five-Year Plans?
Option 1: High Population Growth
Option 2: High GDP Growth
Option 3: Equal benefits to all people
Option 4: Self- Reliance
Question : Which of the following best indicates the economic growth of a nation?
Option 1: Agriculture income
Option 2: Per capita income
Option 3: Gross industrial production
Option 4: Inflation
Question : What is a good indicator to identify the effect of policies on the industrial sector?
Option 1: Rise in capital formation.
Option 2: Rise in the share of the Industry sector in the GDP.
Option 3: Rise in banking services.
Option 4: Rise in imports.
Question : Which of the following is a consequence of an inflationary price rise?
Option 1: Obstacle in development
Option 2: Increase in economic inequalities
Option 3: Adverse effect on the balance payment
Option 4: All of these
Question : Directions: Select the correct option to indicate the arrangement of the following words in a logical and meaningful order. 1. Tissue 2. Population 3. Organ 4. Cell 5. Organism
Option 1: 4, 1, 3, 2, 5
Option 2: 1, 4, 3, 2, 5
Option 3: 4, 1, 3, 5, 2
Option 4: 1, 4, 2, 5, 3
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