Economics of Development and Planning — Economics STD 12 — Question

Imports of India may be divided into ……………………….. parts.

(i) Quantitative data are those that can be quantified in definite units of measurement.
(ii) These refer to characteristics in successive measurements yield quantifiable observations.

Income Method of National Income is the side of our National Income?

Match the following :
A. Investment means – (i) Expenditure on capital formation
B. Uses of multiplier – (ii) Consumption forgone
C. Saving is – (iii) Achieve full employment
D. Autonomous investment – (iv) Stocks and shares

Assertion (A): National Income is a measure of the total value of the goods and services produced in an economy for a year.
Reason (R): GNP – is the total value of output produced and income received in a year by domestic residence of a country.

Which of the following is correctly matched:

A result of ……………………. the dependence of LDCs on advanced countries for seeds, drugs, fertilizers and pesticides.

Money acts as a common measure of –

In India, Central bank is known as –

Assertion (A): MEC – depends on the Demand yield from a capital asset.
Reason (R): MEC – depends on the Supply price of a capital asset.