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12th Standard English Medium Economics Subject Economics of Development and Planning Creative 1 Mark Questions with Solution Part - I

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 5

    1 Marks

    5 x 1 = 5
  1. The concept__________ refers to the structural changes towards betterment

    (a)

    Economic fluctuation

    (b)

    Economic growth

    (c)

    Economic development

    (d)

    None of these

  2. Which is not the characteristics of UDCs?

    (a)

    Low per capita

    (b)

    Wide in equality

    (c)

    High rate of unemployment

    (d)

    Price mechanism

  3. In a socialist state most of the means of production are owned by the

    (a)

    Private individuals

    (b)

    State

    (c)

    Planning authority

    (d)

    none of the above

  4. The Great Depression occurred in

    (a)

    1930

    (b)

    1950

    (c)

    1980

    (d)

    2000

  5. Indian plans have looked at employment as an intergral part of the problem of the removal of

    (a)

    Poverty

    (b)

    unemployment

    (c)

    Both (a) and (b)

    (d)

    None

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