In the language of economics, a good indicator of economic growth is steady increase in the
Percapita income
Gross Domestic product
income of the individuals
Standard of living of the people
Among the following what are the goals of the five year plan?
A) Growth
B) Modernization
C) Equity
D) Self-reliance
Pick correct answer:
A and B
B, C, and D
D only
All the above
Equity in agriculture called for _________ which primarily refer to change in the ownership of landholdings.
Trade policy
Self reliance
Land reforms
Subsidy
________ refers to increase in the country capacity to produce the output of goods and services within the country.
A) Development
B) infrastructure
C) Technology
D) Growth
Chose the correct answer
A only
Both A and D
Both B and C
Which one refer to the use of new technology and also to changes in social outlook?
Export substitution
Import substitution
Modernisation
Globalization
Which of the following is the aim of public sector?
1) Profit
2) Welfare
3) Investment
4) Income
Both 1 and 4
2 only
3 and 2
Only 4
In a ________ economy, only those consumer goods will be produced that are in demand which can be sold profitability.
Capitalist
Socialist
Mixed
Planned
The industrial policy adopted in the first seen Five year plans is called _____________ Substitution.
Export substitution.
Marginal rate of substitution
Factor substitution
The purpose of the IPR 1956 was to promote regional
Disparity
Equality
Inequality
Development
In which year was Mahalanobis born?
1883
1893
1865
1872
