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Polity Quiz 45

Welcome to your polityquiz45

1. 
Global capital flows to developing countries increased significantly during the nineties. In view of the East Asian financial crisis and Latin American experience, which type of inflow is good for the host country? [2002]

2. 
A country is said to be in debt trap if: [2002]

3. 
The term National Income represents: [2001]

4. 
Consider the following States: [2001]

  1. Gujarat
  2. Karnataka
  3.  Maharashtra
  4. Tamil Nadu.

The descending order of these States with reference to their level of Per Capita Net State Domestic Product is

5. 
The most appropriate measure of a country's economic growth is its: [2001]

6. 
The growth rate of per capita income at current prices is higher than that of per capita income at constant prices, because the latter takes into account the rate of: [2000]

7. 
The new Gross Domestic Product (GDP) series released by the Central Statistical Organisation (CSO) in February 1999 is with reference to base price of: [2000]

8. 
Match List I with List II and select the correct answer using the codes given below the Lists: [2000]

List I 

List II 

I. Boom

A) Business activity at high level 

with increasing income, output 

and employment at macro level

II. Recession

B) Gradual fall of income, output 

and employment with business 

activity in a low gear

III. Depression

C) Unprecedented level of under 

employment and unemployment, 

drastic fall in income, output and 

employment

IV. Recovery

D) Steady rise in the general level 

of prices, income, output and 

employment

9. 
In an open economy, the national income (Y) of the economy is: (C, I, G, X, M stand for Consumption, Investment, Govt. Expenditure, total exports, and total imports respectively). [2000]

10. 
Since 1980, the share of the tertiary sector in the total GDP of India has: [1999]

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