Features of Developing Economies

Q.

Explain disguised unemployment with an example.

Q. In 2004, according to the World Bank, what was the fixed per capita income below which a country was categorised as a developing economy?

1. $715
2. $725
3. $735
4. $745

Q. Which of the following is not a feature of a developing economy?

1. Low per capita income
2. Low population growth rate
3. High population growth rate
4. Dependence on agriculture

Q. When did the World Bank release a development report that categorised countries based on their per capita income?

1. 1994
2. 1998
3. 2004
4. 2008

Q. A situation in which the skills of the employed people are not fully utilised for the production of goods and services is known as unemployment.

1. structural
2. seasonal
3. industrial
4. disguised

Q. Imagine two countries A and B in the year 2004.

Country A focuses on expanding on its scale of production and achieving economic progress. Country B focuses on employing new technologies in production and achieving economic development. Additionally, the per capita income of A is $748,andthepercapitaincomeofBis$713.

Choose the correct option.

1. Both A and B are developing economies.
2. Both A and B are developed economies.
3. A is a developed economy, but B is a developing economy.
4. A is a developing economy, but B is a developed economy.

Q. Which of the following refers to the type of unemployment where the skills of those employed are not fully utilised for the production of goods and services?

1. Disguised unemployment
2. Industrial unemployment
3. Seasonal unemployment
4. Structural unemployment

Q. What is the per capita income limit set by the World Bank in 2004 for developing economies?

1. $535
2. $635
3. $735
4. $835

Q. Which of the following is not a feature of developing economies?

1. High per capita income
2. Low per capita income
3. High population growth rate
4. Low population growth rate

Q. Consider the following statements, and choose the correct option regarding developing economies.

1 - Low per capita income

2 - Low population growth rate

3 - Dependence on industries

1. Only 1
2. 1 and 2
3. 2 and 3
4. 1, 2, and 3

Q. Which of the following product(s) is/are exported predominantly by developing countries?

1. Mineral ores
2. Agro-products
3. Technology
4. Defence weapons

Q. Which of the following is the type of unemployment where people are unemployed during particular periods of the year?

1. Structural unemployment
2. Seasonal unemployment
3. Disguised unemployment
4. Industrial unemployment

Q. As of 2021, India houses 140 billionaires, while over 86 million people live in extreme poverty, i.e., they earn less than $2 or ₹148 per day. Which of the following features of a developing economy does the situation denote?

1. High population growth rate
2. Dependence on agriculture
3. Unequal distribution of income
4. Low per capita income

Q. Which of the following refers to unemployment during particular periods of the year?

1. Disguised unemployment
2. Industrial unemployment
3. Seasonal unemployment
4. Structural unemployment

Q. Which of the following refers to unemployment caused by the replacement of humans by automation?

1. Disguised unemployment
2. Industrial unemployment
3. Seasonal unemployment
4. Structural unemployment

Q. Which of the following is being exported by developing countries predominantly?

1. Technology
2. Logistics support
3. Mineral ores
4. Information