Income Index
Trending Questions
Q.
National expenditure includes -
Q. Choose the correct option.
Assertion (A): Per capita GNI cannot be used to measure human development instead of the HDI.
Reason (R): It tells nothing about the distribution of income, education, and health status of a country.
Assertion (A): Per capita GNI cannot be used to measure human development instead of the HDI.
Reason (R): It tells nothing about the distribution of income, education, and health status of a country.
- Both A and R are true, and R is the correct explanation of A.
- Both A and R are true, but R is not the correct explanation of A.
- A is true, but R is false.
- A is false, but R is true.
Q.
What Is an Example of Economic Growth?
Q. Which of the following terms refers to the total income earned by the people of a country divided by its total population?
- GNI
- Per capita GNI
- GDP
- National income
Q. Choose the correct option.
Assertion (A): Per capita GDP is replaced by per capita GNI to measure the dimension of income while calculating HDI.
Reason (R): GNI gives a holistic picture of the value earned by a country’s people rather than the GDP.
Assertion (A): Per capita GDP is replaced by per capita GNI to measure the dimension of income while calculating HDI.
Reason (R): GNI gives a holistic picture of the value earned by a country’s people rather than the GDP.
- Both A and R are true, and R is the correct explanation of A.
- Both A and R are true, but R is not the correct explanation of A.
- A is true, but R is false.
- A is false, but R is true.
Q. The UNDP changed the indicator to study people’s lifestyles to
- per capita GNI
- per capita GDP
- per capita NNP
- per capita NDP
Q. Choose the correct option.
Statement I: GNI includes the income earned from overseas sources.
Statement II: GDP includes the income produced within the boundaries of a country.
Statement I: GNI includes the income earned from overseas sources.
Statement II: GDP includes the income produced within the boundaries of a country.
- Both the statements are true.
- Both the statements are false.
- Statement I is true, but statement II is false.
- Statement I is false, but statement II is true.
Q. Which of the following captures the essence of per capita GDP?
- The total value of all goods and services produced by a country in a given year.
- The total value of all goods and services produced by a country in a given year divided by the labour force of the country.
- The total value of all goods produced by a country in a given year divided by the number of goods sold in the country.
- The total value of all goods and services produced by a country in a given year divided by the population of the country.
