Quiz: Economic And Social Development Trivia Questions!

10 Questions | By Jagranjosh | Updated: Mar 21, 2022 | Attempts: 3074

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Economic development is all about growth in the amount of input of a sector, whereas social development involves how people come together to ensure that the event takes place. Below are some economic and social development trivia questions that you can use to measure out just how much you understood our previous topic. Give it a shot and share it with your classmates.

Questions and Answers

1.

Which country has successfully commenced financial discipline through Fiscal Responsibility Act?
- A.
  
  India
- B.
  
  New Zealand
- C.
  
  Australia
- D.
  
  None of these
2.

The annual publication of __________ is World Investment Report.
- A.
  
  SEBI
- B.
  
  SAARC
- C.
  
  UNCTAD
- D.
  
  None of these
3.

Among the following, which sector has pulled towards itself the maximum FDI during the last 4 years?
- A.
  
  Telecommunications
- B.
  
  Software
- C.
  
  Pharmaceuticals
- D.
  
  Fast Moving Consumer Goods
4.

India is a member of International Energy Forum (lEF). IEF provides a platform for which of the following?
- A.
  
  Promoting use of renewable energy sources
- B.
  
  Dialogue between energy producing & consuming countries
- C.
  
  Both A and B
- D.
  
  Neither A nor B
5.

In India, what is the percentage of Labour participation of women?
- A.
  
  10%
- B.
  
  20%
- C.
  
  30%
- D.
  
  40%
6.

Among the following, which is not a method of estimating national income?
- A.
  
  Export-import method
- B.
  
  Product method
- C.
  
  Expenditure method
- D.
  
  Income method
7.

The characteristics of 'Public Goods' are?1. The enjoyment of one is not at the expense of others.2. These are available to everyone without discrimination.
- A.
  
  Only 1
- B.
  
  Only 2
- C.
  
  Both 1 and 2
- D.
  
  Neither 1 nor 2
8.

What do we call the belief that economic growth will percolate down to all sectors?
- A.
  
  Pump priming
- B.
  
  Decentralised growth theory
- C.
  
  Trickle down
- D.
  
  None of these
9.

The most urbanized state among the major Indian states is?
- A.
  
  Uttar Pradesh
- B.
  
  Madhya Pradesh
- C.
  
  Bihar
- D.
  
  Tamil Nadu
10.

What is the difference between GNP & NNP?
- A.
  
  It is equal to the consumer expenditure on durable goods
- B.
  
  It is equal to indirect tax revenue
- C.
  
  It is equal to capital depreciation
- D.
  
  None of these