Economics of Development

JKPSC Assistant Professor (Economics) · Economics · 49 practice questions with answers and explanations: 2 Easy, 47 Medium, 0 Hard.

Sample questions

Sample Easy question 1

The Millennium Development Goals were replaced in 2015 by the:

  1. Kyoto Protocol
  2. Human Rights Charter
  3. Sustainable Development Goals
  4. Paris Agreement
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Answer: C. There are 17 goals.

Sample Easy question 2

The Human Development Index is published by the:

  1. WTO
  2. IMF
  3. World Bank
  4. UNDP
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Answer: D. It uses health, education and income.

Sample Medium question 3

The Gini coefficient measures:

  1. Inflation
  2. Unemployment
  3. Income inequality
  4. Poverty
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Answer: C. It ranges from 0 to 1.

Sample Medium question 4

The Kuznets inverted-U hypothesis suggests that inequality:

  1. Is unrelated to growth
  2. Always rises
  3. Always falls
  4. First rises and later falls with growth
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Answer: D. It is based on the Kuznets curve.

Sample Medium question 5

Amartya Sen's capability approach focuses on:

  1. GDP per head
  2. Exports
  3. What people are able to do and be
  4. Savings rate
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Answer: C. It underlies the Human Development Index.

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