Q1 H of 38 Page 175

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Assertion (A): The Net National Product (NNP) is considered a true measure of national output.

Reason (R): It is also known as national income.

The correct answer is b. Both (A) and (R) are true and (R) does not explain (A).

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Which one of the following country is not a G-8 country

1 G

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Which one of the following country is not a member of SAARC

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Assertion (A): Human resource is necessary for the progress of any country.

Reason (R): Investment in education and health of people can result in a high rate of returns in the future for a country.

1 J

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The Human Development Index (HDI) does not take into account the following dimension in its calculation

Questions · 38

Economics 1. Understanding Development: Perspectives, Measurement and

1 A 1 1 C 1 D 1 1 1 G 1 H 1 1 J 1 K 1 L 1 M 1 N 1 1 1 Q 2 2 2 C 2 2 2 3 4 4 4 C 4 4 E 4 F 4 5 A 5 5 C 5 6 7 8

Choose the correct answer:Assertion (A): The Net National Product (NNP) is considered a true measure of national output.Reason (R): It is also known as national income.