Quiz

Introduction to Economics
 

1) For development, people look at a mix of ______.

1. a) goals
2. b) responsibilities
3. c) accountability
4. d) none of the above
 

2) For comparing the development of countries, their _______ is considered to be one of the most
important attributes.

1. a) income
2. b) population
3. c) demographics
4. d) none of the above
 

3) For comparison between countries, total income is not such a useful measure. State whether true
or false.

1. a) true
2. b) false
 

4) Since countries have different _______, comparing total income will not tell us what an average
person is likely to earn.

1. a) economic policies
2. b) reserves
3. c) resources
4. d) populations
 

5) In World Development Reports, brought out by the_________, per capita income criterion is used in
classifying countries.

1. a) UNICEF
2. b) World Bank
3. c) World Economic Forum.
4. d) United Nations
6) Countries with per capita income of US$ 12616 per annum and above in 2012 are called ______.

1. a) underdeveloped countries
2. b) developing countries
3. c) poor countries
4. d) rich countries
 

7) Guyana comes in the category of ________ countries because its per capita income in 2012 was
just US$ 1530 per annum.

1. a) low middle income

2. b) middle income
3. c) high middle income
4. d) none of the above
 

8) Infant Mortality Rate (or IMR) indicates the number of children that die before the age of
____________ as a proportion of 100 live children born in that particular year.

1. a) four years
2. b) one year
3. c) two years
4. d) three years
 

9) Literacy Rate measures the proportion of the literate population in the _________ age group.

1. a) 10 and above
2. b) 21 and above
3. c) 7 and above
4. d) 18 and above
 

10) Net Attendance Ratio is the total number of children of the age group ________ attending school
as a percentage of the total number of children in the same age group.
1. a) 17 and 18 years
2. b) 9 and 10 years
3. c) 12 and 13 years
4. d) 14 and 15 years
 

11) Which of the following statements about money are true?

1. a) Money cannot buy you a pollution-free environment.

2. b) Money cannot ensure that you get unadulterated medicines.
3. c) Money may also not be able to protect you from infectious diseases.
4. d) All of the above statements are true
12) If the Body Mass Index (BMI) is _________, then the adult person would be considered
undernourished.

18. a) less than 18.5

19. b) less than 10.5
20. c) less than 25.5
21. d) less than 28.5
 

13) If the Body Mass Index (BMI) is _________, then the adult person would be considered overweight.

1. a) more than 18
2. b) more than 30
3. c) more than 45
4. d) more than 25
 

14) Human Development Report published by UNDP compares countries based on _________.

1. a) health status
2. b) per capita income
3. c) educational levels of the people
4. d) all of the above
 

15) As per the 2013 report, ________ had the HDI rank of 135 in the world.
1. a) Sri Lanka
2. b) Pakistan
3. c) India
4. d) Bangladesh
 

16) Among the following South Asian countries, ______ had the highest life expectancy at birth.

1. a) Myanmar
2. b) Sri Lanka
3. c) Nepal
4. d) India
17) Since the second half of the twentieth century, a number of scientists have been warning
that…………
1. Health and nutrition is declining
B. per capita income is unstable
C. Levels of resources are not sustainable
D. levels of development are not sustainable.
 
18) How can we find out if we are properly nourished?
1. Through good weight and scale
B. Body Mass Index
C. Nutrient table
D. Height and weight table
 
19) Over the past decade or so, ……………indicators have come to be widely used along with
income as a measure of development?
1. Health and nutrition
B. health and education
C. Child development
D. Human development
 
20) What can money not buy you?
1. Unadulterated medicines
B. Water
C. Pollution-free environment
D. Organic food
 
21)…………….. is the total income of the country divided by its total population?
1. per capita income
B. Gross income
C. Net income
D. Total income
 
22) In World Development Reports, brought out by the World Bank, which criterion is used in
classifying countries?
1. Total income
B. Gross income
C. per capita income
D. Net income
 
23) What is the one factor on which our life depends?
1. employment
B. Security of work
C. Money, or material things that one can buy with it
D. Freedom
 
24) If women are engaged in paid work, what difference does it make?
1. Their dignity in the household and society decreases
B. No difference
C. No dignity
D. their dignity in the household and society increases
2.
25) Different persons could have ……….notions of a country’s development.
1. different as well as conflicting
B. Same
C. Indifferent
D. No
 
26) What is considered to be one of the most important attributes when we compare
countries at the level of development?
1. Industrial development
B. Resources of the country
C. Income
D. Import-export
 
27) More income means …………..
1. Average out of needs of people
B. more of all things that human beings need.
C. No effect on the common man
D. More business

 
28)  …………….. is the total income of the country divided by its total population?
1. per capita income
B. Gross income
C. Net income
D. Total income
 
29) In World Development Reports, brought out by the World Bank, which criterion is used in
classifying countries?
1. Total income
B. Gross income
C. per capita income
D. Net income
 
30) The law of demand states, with increase in price there is
(a) decrease in quantity demanded

(b) increase in quantity demanded

(c) decreased demand

(d) increased demand