New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    Increase in absolute and per capita real GNP do not connote a higher level of economic development, if?

    A industrial output fails to keep pace with agricultural output. Correct Answer Incorrect Answer
    B agricultural output fails to keep pace with industrial output. Correct Answer Incorrect Answer
    C poverty and unemployment increase. Correct Answer Incorrect Answer
    D imports grow faster than exports. Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Increasing poverty and unemployment reflect that the fruits of growth in Real GNP have not adequately spread to all. While economic growth is happening for the nation in general a section of people is left behind hence a higher level of economic development is not taking place in the country.

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