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Chapter 4 ECONOMICS : India as Developing Economy – Global View — Online MCQ Test

ECONOMICS · CLASS 12 INTER II YEAR · Andhra State Board

Practice Chapter 4 ECONOMICS : India as Developing Economy – Global View with a free chapter-wise online MCQ test for Andhra State Board CLASS 12 INTER II YEAR ECONOMICS. This chapter covers: This chapter details key features of the Indian economy demographic profile international comparisons human development index ranks and global economic standing.. AI-generated questions from basic to board-exam level, with instant results and explanations.

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Chapter 4 ECONOMICS : India as Developing Economy – Global View — Important Questions & Answers (FAQ)

Frequently asked questions from Andhra State Board CLASS 12 INTER II YEAR ECONOMICS — Chapter 4 ECONOMICS : India as Developing Economy – Global View, with answers and explanations. These are sample questions; the exam has its own separate question set.

Which international organization publishes the Human Development Index (HDI)?
  • A. World Bank
  • B. United Nations Development Programme (UNDP) ✓
  • C. International Monetary Fund (IMF)
  • D. World Trade Organization (WTO)
Answer: B. United Nations Development Programme (UNDP)
The UNDP has been publishing the HDI since 1990 to measure human progress across countries.
What is the primary indicator used to classify a country as 'developing' in the context of the World Bank's global classification?
  • A. Gross National Income (GNI) per capita ✓
  • B. Population size
  • C. Literacy rate
  • D. Geographical area
Answer: A. Gross National Income (GNI) per capita
The World Bank classifies economies based on GNI per capita into low, middle, and high-income groups.
Which of the following best describes India's demographic profile compared to developed nations?
  • A. Low dependency ratio
  • B. Large proportion of aging population
  • C. Large proportion of working-age population (demographic dividend) ✓
  • D. Negative population growth rate
Answer: C. Large proportion of working-age population (demographic dividend)
India is characterized by a high proportion of youth and working-age individuals, often referred to as a demographic dividend.
Considering India's global position, which of these is an accurate analysis of the 'Global South' concept?
  • A. It refers only to the Southern Hemisphere countries
  • B. It classifies countries primarily based on geopolitical and economic developmental status rather than geography ✓
  • C. India is excluded from the Global South due to its high GDP growth
  • D. It focuses solely on trade agreements between USA and India
Answer: B. It classifies countries primarily based on geopolitical and economic developmental status rather than geography
The 'Global South' represents a grouping of developing countries that share common economic challenges and history, irrespective of strict latitude/longitude.
Suppose India moves from 'Lower-middle' to 'Upper-middle' income status. Which indicator is the primary driver of this classification?
  • A. Human Development Index
  • B. GNI per capita (Atlas Method) ✓
  • C. Total Population
  • D. Consumer Price Index
Answer: B. GNI per capita (Atlas Method)
The World Bank threshold for income classification is strictly based on the Atlas Method GNI per capita.

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