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MCQ on growth and development for CDS

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The worldwide Great Depression took place in

(a) 1936

(b) 1929

(c) 1928

(d) 1930


Solution: (b)
Depression is referred to a period of time during which economic activity is so low for such a long period of time that large numbers of people are permanently unemployed. The great Depression originated in the United States, after the fall in stock prices that began around September 4, 1929 and became worldwide news with the stock market crash of October 29, 1929 (known as Black Tuesday).

Human Development Index was developed by:

(a) Amartya Sen

(b) Mahbub-ul-Haq

(c) Friedman

(d) Montek Singh


Solution: (b)
The origins of the Human Development Index (HDI) are found in the annual Human Development Reports of the United Nations Development Programme (UNDP). These were devised and launched by Pakistani economist Mahbub ul Haq in 1990. To produce the Human Development Reports, Mahbub ul Haq brought together a group of well-known development economists including: Paul Streeten, Frances Stewart, Gustav Ranis, Keith Griffin, Sudhir Anand and Meghnad Desai. But it was Nobel laureate Amartya Sen’s work on capabilities and functionings that provided the underlying conceptual framework.

Malthusian theory of population explored the relationship between

(a) food supply and technology

(b) food supply and population growth

(c) population growth and development

(d) optimum growth and resources


Solution: (b)
According to Malthusian theory of population, population increases in a geometrical ratio, whereas food supply increases in an arithmetic ratio. This disharmony would lead to widespread poverty and starvation, which would only be checked by natural occurrences such as disease, high infant mortality, famine, war or moral restraint.

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