Download App

Indian Economy 1950-1990 — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsIndian Economy 1950-19903 Marks
Question
Is GNP a good indication of a country's growth?
✓

Answer

  1. GNP does not give any idea of population, skill and resources of the country.
  2. A high GNP may be because of concentration of some resources and other natural factors.
  3. It does not indicate how GNP is distributed, whether it is distributed equally or unequally.
  4. It does not show composition of income. A country might be producing cigarettes, alcohol or pedigree and may have masses living in poor conditions.
  5. With increase in GNP, there may be ecological imbalance which will not add to welfare.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "3 Marks Question" from Indian Economy 1950-1990→Indian Economy 1950-1990 — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

Agricultural marketing refers to the farmers' act of bringing their produce to the market for sale! Is the statement correct?
→
Why is it advantageous to use hydel power as a source of energy?
→
What do you understand by License Raj?
→
Why has the Government of India levied a 2% education cess on all union taxes?
→
Distinguish between tariffs and quotas.
→
How did government ensure that the small farmers also benefit from the Green Revolution as the rich farmers?
→
The abolition of intermediaries, such as the Zamindars and the Sahukars, meant that 200 lakh tenants came into direct contact with the government. The ownership conferred to tenants gave them the incentive to increase output and this contributed to growth in agriculture.
Identify the values hidden in the above paragraph.
→
What are the traditional and modern challenges related to rural development?
→
Why is unemployment in India considered to be a chronic problem?
→
Compared to females, more males are found to be working. Why?
→