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Economic Development and Its Indicators

Description: Assess your knowledge on Economic Development and Its Indicators by attempting this quiz. The questions cover various aspects of economic development and its measurement.
Number of Questions: 15
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Tags: economic development indicators economic growth human development
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Which of the following is not a commonly used indicator of economic development?

  1. Gross Domestic Product (GDP)

  2. Human Development Index (HDI)

  3. Consumer Price Index (CPI)

  4. Gross National Income (GNI)

Show answer
Correct Option: C
Explanation:

Consumer Price Index (CPI) is a measure of inflation, not economic development.

The Human Development Index (HDI) is a composite statistic of life expectancy, education, and:

  1. Income

  2. Health

  3. Employment

  4. Literacy

Show answer
Correct Option: B
Explanation:

The HDI is a composite statistic of life expectancy, education, and health.

Which of the following is not a component of GDP?

  1. Consumption

  2. Investment

  3. Government Spending

  4. Exports

Show answer
Correct Option: D
Explanation:

Exports are not a component of GDP, but rather a component of Gross National Product (GNP).

Economic growth is typically measured by the annual percentage change in:

  1. GDP

  2. GNP

  3. CPI

  4. HDI

Show answer
Correct Option: A
Explanation:

Economic growth is typically measured by the annual percentage change in GDP.

A country with a high GNI per capita is considered to be:

  1. Developed

  2. Developing

  3. Least Developed

  4. Transitional

Show answer
Correct Option: A
Explanation:

A country with a high GNI per capita is considered to be developed.

Which of the following is not a characteristic of a developing country?

  1. Low income levels

  2. High population growth rates

  3. High levels of inequality

  4. Advanced infrastructure

Show answer
Correct Option: D
Explanation:

Advanced infrastructure is not a characteristic of a developing country.

The Millennium Development Goals (MDGs) were a set of eight goals that aimed to improve the lives of people around the world by:

  1. 2015

  2. 2020

  3. 2025

  4. 2030

Show answer
Correct Option: A
Explanation:

The MDGs were a set of eight goals that aimed to improve the lives of people around the world by 2015.

The Sustainable Development Goals (SDGs) are a set of seventeen goals that aim to achieve a better and more sustainable future for all by:

  1. 2030

  2. 2035

  3. 2040

  4. 2045

Show answer
Correct Option: A
Explanation:

The SDGs are a set of seventeen goals that aim to achieve a better and more sustainable future for all by 2030.

Which of the following is not a target of the SDG on poverty?

  1. Eradicate extreme poverty

  2. Reduce poverty in all its forms

  3. Promote shared prosperity

  4. Ensure social protection

Show answer
Correct Option: C
Explanation:

Promote shared prosperity is not a target of the SDG on poverty.

Which of the following is not a target of the SDG on education?

  1. Ensure inclusive and equitable quality education

  2. Promote lifelong learning opportunities

  3. Increase access to affordable and quality technical and vocational education

  4. Eliminate gender disparities in education

Show answer
Correct Option: C
Explanation:

Increase access to affordable and quality technical and vocational education is not a target of the SDG on education.

Which of the following is not a target of the SDG on health?

  1. End preventable deaths of newborns and children under 5 years of age

  2. End the epidemics of AIDS, tuberculosis, malaria and neglected tropical diseases

  3. Reduce maternal mortality

  4. Achieve universal health coverage

Show answer
Correct Option: D
Explanation:

Achieve universal health coverage is not a target of the SDG on health.

Which of the following is not a target of the SDG on gender equality?

  1. End all forms of discrimination against women and girls

  2. Eliminate all forms of violence against women and girls

  3. Promote women's economic empowerment

  4. Ensure women's full and effective participation in leadership and decision-making

Show answer
Correct Option: C
Explanation:

Promote women's economic empowerment is not a target of the SDG on gender equality.

Which of the following is not a target of the SDG on climate action?

  1. Take urgent action to combat climate change and its impacts

  2. Promote the development of renewable energy

  3. Improve energy efficiency

  4. Promote sustainable consumption and production

Show answer
Correct Option: D
Explanation:

Promote sustainable consumption and production is not a target of the SDG on climate action.

Which of the following is not a target of the SDG on peace and justice?

  1. Promote peaceful and inclusive societies

  2. Reduce all forms of violence

  3. Promote the rule of law

  4. Access to justice for all

Show answer
Correct Option: D
Explanation:

Access to justice for all is not a target of the SDG on peace and justice.

Which of the following is not a target of the SDG on partnership for the goals?

  1. Mobilize financial resources for development

  2. Promote technology transfer

  3. Build capacity for developing countries

  4. Promote trade and investment

Show answer
Correct Option: D
Explanation:

Promote trade and investment is not a target of the SDG on partnership for the goals.

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