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Comparative studies of Indian and Chinese economies - class-X

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China's railway track length is ______ times more than India's railway track length in 2015.

  1. 0.7

  2. 0.2

  3. 2.5

  4. 1.5


Correct Option: D

China and India have been performing really well in terms of __________ in comparison with other economies since the last 25 years.

  1. GDP growth

  2. population control

  3. inflation control

  4. none of the above


Correct Option: A

China has been termed as the '_______________'.

  1. workshop of the world

  2. major importer in world trade

  3. both a and b

  4. none of the above


Correct Option: A

India adopted a _________ economy framework, while China in comparison is follows a socialist economy framework.

  1. capitalist

  2. mixed

  3. socialist

  4. free market economy


Correct Option: B

Post 1949 revolution, China's economic system was declared as a __________ system.

  1. capitalist

  2. communist

  3. mixed economy

  4. socialist


Correct Option: B

Infrastructure investment in China was around ______ of GDP compared to ______ of India in 2010-11.

  1. 20%, 14%

  2. 11%, 6%

  3. 16%, 4%

  4. 3%, 7%


Correct Option: B

China has focused on pro-poor reforms while India has focused on ___________.

  1. economic growth

  2. growth with stability

  3. social welfare

  4. sustainable development


Correct Option: B

China has been the ____________ recipient of FDI in the world during 1993-2001.

  1. second largest

  2. largest

  3. fourth largest

  4. none of the above


Correct Option: A

Population dependent on agriculture in India is at ______ as compared to 35% in China in 2014.

  1. 30%

  2. 47%

  3. 50%

  4. 65%


Correct Option: B

China has been able to shift workforce from agriculture to industrial sector without creating unemployment and urban crisis.

  1. True

  2. False


Correct Option: A

China occupied _______ rank in terms of inflow of FDI as compared to $9^{th}$ rank of India.

  1. $7^{th}$

  2. $4^{th}$

  3. $2^{nd}$

  4. $10^{th}$


Correct Option: C

Individual farmlands were collectivized into __________ during 1950s in China.

  1. communes

  2. agriculture co-operation

  3. both 'a' and 'b'

  4. none of the above


Correct Option: A

The population engaged in agricultural sector in China declined from 60% in 1991 to ______ in 2014.

  1. 32%

  2. 49%

  3. 46%

  4. 35%


Correct Option: D

____________ enterprises account for about half of China's exports today.

  1. Public

  2. Private

  3. Foreign-invested

  4. Domestic


Correct Option: C

The 'Great Leap Forward' campaign was launched in China focusing on widespread _____________ in the economy.

  1. agriculture

  2. industrialisation

  3. both 'a' and 'b'

  4. neither 'a', nor 'b'


Correct Option: B

China achieved an average annual growth rate of __________ during the pre-reform period.

  1. 3.2%

  2. 6.9%

  3. 5.3%

  4. 7.2%


Correct Option: C

As per international poverty data, population below poverty line in India was at _______ in comparison to 11.2% in China in 2011-12.

  1. 35%

  2. 21.7%

  3. 31.4%

  4. 18.5%


Correct Option: C

India took _______ years to double its GDP prior to economic reforms, while GDP doubled in _______ years after economic reforms.

  1. 12, 7

  2. 15, 8

  3. 16, 12

  4. 22, 10


Correct Option: C

Incidence of poverty fell to _____ in 2013 from 31% in 1990 in China.

  1. 12%

  2. 8%

  3. 25%

  4. 18%


Correct Option: B
Explanation:

Poverty refers mainly to the rural poor, as decades of financial expansion have mainly eradicated urban poverty. The remarkable progress in falling poverty over the past three decades in China is well known. 

According to the Bank, more than 850 million Chinese people have been raised out of great poverty China's poverty rate clear-cut from 88 per cent in 1981 to 0.7 per cent. 

In 2015, as calculated by the fraction of people living on the correspondent of US$1.90 or less per day in 2011 purchasing price parity terms. 

China scarcity rate for 2013 was 36.30%, a 8% decline from 2012. 

The correct answer is B.

Higher HDI ranking of China as compared to India can be majorly accredited to _____________.

  1. higher GDP per capita

  2. higher literacy rates

  3. lower population

  4. higher life expectancy


Correct Option: A
Explanation:

Gross domestic product is a strong indicator of a country economic performance and strength. It is measured by the added value of all final goods and service produced in a country economic performance and strength. 

Also, it is measured by the added value of all final goods and services produced in a country during a specific time period. Gross domestic product per capita is from time to time used to explain the standard of living of a population with an advanced GDP importance a higher standard of living.

The correct answer is A.

Which of the following is not an indicator of economically underdeveloped countries?

  1. Low per capita income

  2. High death-rate

  3. Low proportion of labour force in the primary sector

  4. High level of illiteracy


Correct Option: C
Explanation:


Under-Developed Countries are the economies that depend on the primary sector. It has a involvement with the extraction of raw materials. It consist of mining, fishing, farming, etc. It largely depend on the use of outdated technology, due to the lack of capital resources, these countries can't afford the use of modern technology. As a result, productivity suffers and rate of economic growth continues to be low. Unemployment in the rural sector is a main feature of such economies.

Which of these can be an indicator of economic growth for a country?

  1. Balance of payment position.

  2. Increase in government spending on defence

  3. Increase in labour productivity.

  4. Demographic changes.


Correct Option: A
Explanation:

Balance of payment is the statement of exchange of commodities, services and capital between the domestic country and the overall world during a given period of time. So if an economy has positive balance of payment position that means the country is developing its productivity. Therefore, it acts as an indicator of economic growth and development of a country. 

China ranked ____, while India ranked ___ out of 187 countries in HDI for the year 2014.

  1. 75, 140

  2. 89, 126

  3. 91, 135

  4. 100, 135


Correct Option: C
Explanation:

China ranked 91 while India ranked 135 out of 187 countries in HDI for the year 2014. India HDI price for 2014 is 0.609 which put the nation in the average individual growth group, position it at 130 out of 188 country and territory. 

The HDI is a synopsis extent of essential accomplishment level in human development. The health HDI is measured by the life expectancy as calculated at the time of birth in each country. 

China has become a country with a high level of human development making it the only country since 1990 to emerge from a low development level.

The correct answer is C.

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