Question

Fill in the blanks with appropriate alternative given in the bracket: 

1. Growth is a _______ concept. 

i. natural

ii. planned

iii. deliberate

iv. purposeful

2. Development is  _______ concept.

i. a normal

ii. a natural

iii. an actual

iv. a deliberate

3. Economic growth is a _______ concept.

i. qualitative

ii. quantitative

iii. broad

iv. large

4.   Economic growth is a _______ process.

i. short term

ii. medium term

iii. long term

iv. moderate term

5.   A temporary and sudden increase in the GNP during the _______ period cannot be regarded as increase in economic growth.

i. recession

ii. depression

iii. boom

iv. recovery

6. Per Capita Income is _______ divided by the total population.

i. per capita consumption

ii. national income

iii. human development

iv. net national product

7. Economic development considers an increase in the _______.

i. Real National Income

ii. Nominal National Income

iii. GDP

iv. GNP

Answer 1

1. i. natural

2. iv. a deliberate

3. ii. quantitative

4. ii. long term

5. iii. boom

6. ii. national income

7. i. Real National Income