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Sign in to searchA-Category MCQs -74
PRERNA FOR IAS
(ASSOCIATE OF SAMKALP)
A-Category MCQs -74
MCQ 1. GDP Growth and Development
Q1. Which of the following is the most appropriate indicator that high GDP growth is translating into broad-based development?
(a) Rising stock market indices
(b) Increase in foreign exchange reserves alone
(c) Employment generation and rising rural demand
(d) Growth in luxury consumption only
Answer: (c) Employment generation and rising rural demand
Explanation: GDP growth measures the size of economic activity, but it does not automatically indicate improvements in people's lives. A truly healthy economy should create jobs, increase incomes, strengthen rural demand, and improve living standards. Stock market gains or foreign exchange reserves may benefit only certain sections. Economi
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