Question

What is the most common method of measuring the economic development of a country?

2. Which area of the world has the largest crude oil reserves?

3. What are the criteria used by the UNDP for measuring development?

4. Which of the following cannot be bought with money

a) A Chair c) Food

c) Pollution free environment d) Clothing

5. Which of the following neighbouring countries has better performance in terms of human

development than India?

a) Bangladesh c) Sri Lanka

b) Nepal d) Pakistan

II. Answer the following questions:[5x3=15]

1. Why do different people have different notions of development?

2. Why do we use averages? What are the limitations to their use?

3. What is National Income?

4. What is Per Capita Income?

5. What is sustainable development? Give its importance.

III. Long answer type questions: [5x2=10]

1. Which non material factors a person consider before accepting a job to a far off place?

2. What is human development index? Who has prepared it? Write about basic components of

human development measurement.​

Answer 1

GDP commom method of measuring economic development .GDP Refers to the monetary value of goods and services produced within the boundaries of a country period of a time.