Multiple Choice QuestionsWhich of the following sequences of the stages of economic growth according to Rostow's model is correct ?
Traditional society , drive to maturity , take off , high mass consumption
Traditional society , take off , drive to maturity , high mass consumption
Traditional society , take off , high mass consumption , drive to maturity
Traditional society , drive to maturity , high mass consumption , take off
Which one of the following indicators is most commonly used to measure the economic development of a country ?
Infant mortality rate
Availability of potable water
Female literacy
Gross National Product per capita
Why are steel mills within Japan drawn to coastal locations ?
Nearness to iron ore reserves
Nearness to local markets
Availability of cheap labour
To minimize transportation cost for imported raw materials and steel exports
The 'Range of a Good' refers to
The maximum distance which peoplehave to travel to purchase a good or service.
The variety of goods available at a market place.
The maximum demand to make the service or good viable.
The maximum population necessary for survival of a function.
The three iron and steel plants at Kulti , Burnpur and Hirapur have been merged together as
Tata Iron and Steel Company
Indian Iron and Steel Company
Bengal Iron Works
Mysore Iron Works
The infirmal sector of eceonomy refers to
Capitalist mode of economy
Bazaar type of economy
Dynamic and stable income
Permanent and prodcutive establishment
Which one of the following is not related with informal sector of economy /
Market type of economy
Unskilled/semi-skilled labour force
Temporary and unstable income
Capitalist mode of economy
The law of primacy in the context of urban development is most revelant to the countries which have
A relatively simple economy and spatial structure
Complex economy
Integrated spatial structure
Matured economy
Switch
