development economics chapter 1: important short questions and answers

 

  Short Answer Type Questions?

 

 

 

Question 1. Why is Literacy Essential for Human Development?

 

 

Answer - Literacy makes a person capable of making his all -round development. A literate person can be a good citizen. He Remains Aware of the Politics of His Country and Knows How to Use His Rights. He is also aware of his duties. Even if his rights are violated, he can also try to protect them. Literacy Saves Humans from Bad Addictions. With literacy, a person batcomes so financially capable that he can do something for his family and socialy.

 

 

 

 

Question 2. Explain the Classification given on the Basis of 'World Development Report, 2017'.

 

 

Answer- in the World Development Report, 2017 of the World Bank, 'Average Income' has been made a parameter in the classification of counties. Countries with per Capita Income of Us $ 12,056 per annum or more are rich counties and countess with per capsity income of us $ 955 per annum or less are called low income countries. India come in the middle Income Group Countries as Its Per Capita Income Was only us $ 1820 per annum in the year 2017.

 

 

 

Question 3. Mention the Various Parameters of Human Development.

 

 

  Answer- -The United Nations Development Program has given three criteria to measure human development, which are as follows-

 

1. Longevity - The Country in Who The Life Expectance of the People, The more developed the country will be considered from the point of View of Human Development.

 

 

2. Literacy - The higher the literature rate in a country, the more developed the country will be consides.

 

 

3. Standard of Living - In a Country Where the Per Capita Income of the People is high, yes the standard of living of the people will be good. Such a Country would be Considered More Developed.

 

 

Question 4. What is the Role of Health in Human Development?

 

 

Answer- Health has an important role in human development. Health Refeers to the all-found development of a person. Health is not only meant to be alive and not to prevent dissees, but Attention is also paid to aspects such as Population Control, Family Welfare and Prohibition of Drugs. In Countries where people get all these facilitations related to health, healthy human resources in that countes can brings the country into the category of developed cONTRIS by Developed CONTRIES by the SOCTRIYE

 

 

 

Question 5. Explain the difference between Monetary National Income and Real National Income.

 

 

Answer - National Income at Current Pries is Called Monetary National Income. In this income, the goods and services produced in a country during an accounting year are evaluated at the current Prevailing Market Pries. Further, real national income is the value of goods and services at base year prises. Under this, the Valuation of Goods and Services is done at Constant Prisies or Base Year Pries

 

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