Net Economics #Classical Economists and their work# Economic theory

 Net Economics #Classical Economists and their work# Economic theory Pls follow , like and share Classical economics, also known as classical political economy, is a school of economic thought that emerged in the late 18th and early 19th centuries. It laid the foundation for modern economics and was dominant until the late 19th century. Classical economists focused on understanding the mechanisms of economic growth, production, and distribution of goods and services in market economies significant contributions and the years in which they were active: Adam Smith (1723-1790): Major Work: "The Wealth of Nations" (1776) Contributions: Smith is often referred to as the father of economics. In "The Wealth of Nations," he introduced the concept of the invisible hand, arguing that individuals pursuing their own self-interest in a free market economy unintentionally promote the general welfare. He also discussed the division of labor, productivity, and the role of markets i

Unit-9 : Top 50 Mcq Net Economics Environmental Economics and Demography

 Unit-9 : Top 50 Mcq Net Economics  Environmental Economics and Demography

1) Which year is called the 'demographic divide' in India?

a) 1881
b) 1901
c) 1921
d) 1951

2) Which period is referred to as the period of population explosion?

a) 1901-1921

b)1921-1951

c) 1951-1971

d) 1971-1991

3) Which is the state with maximum sex ratio in India?

a) Chhattisgarh
b) Karnataka
c) Kerala
d) Odisha 


4) In India,the state with highest density of population is
A. Uttar Pradesh
B. Bihar
C. West Bengal
D. Har yana


5) As per the data released in July 2011, Sex Ratio in Rural Areas is less than urban areas
A. Five Times
B. Four Times
C. Three Times
D. Two Time's


6)According to the figures of Census 2011,which state has the maximum difference in the male
and female literacy
A. Rajasthan
B. Kerala
C. Uttar Pradesh
D. Madhya Pradesh


7)The Growth rate of population means
A. Difference between the growth of male and female
B. Difference between the population of urban and rural areas
C. No. of births per thousand persons
D. Difference between birth rate and death date


8)In context of population, which of the following describes the correct meaning of “Sex-Ratio”
A. Number of males per 1000 females
B. Number of females per 1000 males
C. Number of female per 1000 populace
D. Number of female per 1000 sample of person's


9)During which decade did the population record a negative growth rate?
A. 1921-1931
B. 1911-1921
C. 1941-1951
D. 1931-1941


10Child Sex Ratio as per the provisional results of the 2011 Census in India is
A. 927
B. 924
C. 917
D. 914


11According to census 2001, the average annual growth rate during 1991-2001 is almost
A. 1.22%
B. 1.93%
C. 2.13%
D. 2.24%


12As per the data released in July 2011, what is the percentage of population living in Indian villages?
A. 80%
B. 75%
C. 70%
D. 60%


13Which of the following is mainly responsible for the lack of female population in India?
A. Political Factors
B. Economic Factors
C. Social Factors
D. Superstitions


14What percentage of Indian population is below poverty line?
A. Less than 30
B. 30% to 35%
C. More than 35% but less than 40%
D. 40% to 45%


15) According to the census 2001,which was the largest state of India demographically?
A. Maharashtra
B. Bihar
C. Uttar Pradesh
D. West Bengal


16)What is the Stage in the population cycle in which India is classified on the basic of its
demographic characteristics?
A. Early expanding stage
B. High stationary stage
C. Late expanding stage
D. Declinning State


17The Density of population in India is defined as
A. Number of persons in an area of one mile square
B. Number of persons in an area of one lakh mile square
C. Number of persons inan area of one lakh km square
D. Number of persons in an area of one km square


18What is the main reason behind the faster population growth in India
A. Low Birth Rate and Low Mortality Rate
B. High Birth Rate and Low Mortality Rate
C. Faster Birth Rate and Faster Mortality Rate
D. High Birth Rate and High Mortality Rate


19Which of the following is called the biggest leap forward in the history of Indian population?
A. 1921-1931
B. 1941-1951
C. 1951-1961
D. 1961-1971


20According to the figure of census 2011, which of the union territories is last ranked in child sex ratio
A. Dadar and Nagar Haveli
B. Daman and Diu
C. Chandigarh
D. Andaman and Nicobar Island's


21)India’s population growth is characterized by
A. An increase in rate of death
B. An increase in ratio of females
C. An increase in the birth rate and declining death rate
D. Increasing number of old people�22In


22In general it is observed that the rate of population growth has been ________ in the densely populated areas compared to sparsely populated areas.
A. Low
B. High
C. Negligible
D. Almost the same


23)The Birth rate measures the birth during an year per
A. 100 populace
B. 1000 populace
C. 10000 populace
D. 100000 populace


24)According to the latest figures, literacy in India is
A. 63%
B. 65%
C. 67%
D. None of the above�25)


25) Public goods __________. *

a. Can only be provided by government

b. Provide value even to users who don’t pay for them

c. Cover everyone within a geographic region

d. All of the above.

26) What is the result of the free rider problem? 

a. Public goods are underprovided.

b. Public goods are overprovided.

c. Public goods are arbitrarily priced.

d. People who should pay for public goods get them for free.


27)Which of the following describes a free rider problem? *

a. Four roommates want to buy a new couch, but can’t afford it. If there were a fifth roommate, they could afford it, but there isn’t.

b. Four roommates want to buy a new couch. They need all four to afford it but if all four split the use of it, none of them will get enough value from the couch to be worth their share of the cost.

c. Four roommates want to buy a couch, but aren’t sure who will get to keep it once they go their separate ways. The cost of having to figure that out ahead of time disincentivizes them from buying the couch.

d. Four roommates want to buy a couch, but each figures that if he or she just lets the other three pay for it, he or she will still be able to use it once it's bought. They don’t buy the couch.


28)Free riding" is a characteristic of which type of  good

a. a private good

b. a common resource

c. a public good

d. a good that is both rival and excusable


29)Benefit-cost analysis should adopt ___________ in evaluating benefits and costs of a public project.

A(private perspective

B)social perspective

C)a or b above, as both perspectives lead to the same estimates.

D)none of the above perspectives


30) What is the present value of Rs121 expected two years from today at a discount rate of 10% per year?

A)100

B)110

C)120

D)121


31)Consider a factory, located in the middle of nowhere, producing a nasty smell. As long as no one is around to experience the unpleasant odor, what type of externality is produced? *
a. Negative externality
b. Positive externality
c. Indeterminate from the given information.
d. None of the above.


32)author of the book An Essay on Principles of Population is

a. Malthus
b. James Princep
c. Keynes
d. Frank Note stein


33)Consider the following statements and identify the right ones.

i. According to the Malthusian theory, supply of food grains increase in geometric progression
ii. The population grows in arithmetic progression.

a. I only
b. ii only
c. both
d. nine


34)The theory that says the level of population at which per capita income is maximum is

a. Theory of population by Malthus
b. Theory of optimum population
c. Theory of demographic transition
d. None of the below


35)Consider the following statements and identify the right ones.

i. According to the theory of demographic transition, in the first stage, birth rate is low but death rate is high
ii. The difference between them is high

a. I only
b. ii only
c. both
d. none


36)The difference between birth rate and death rate decreases

a. I only
b. ii only
c. both
d. none


37)which stage of demographic transition is the population growth rate highest?

a. First
b. Second
c. Third
d. Forth


38)Consider the following statements and identify the right ones.

i. The third stage is the period of declining growth rates.
ii. The second stage of demographic transition witnesses population explosion

a. I only
b. ii only
c. both
d. nine
39)nPx column of life table refers to

(A) Survival function

(B) Probability of death

(C) Number of persons living between ages a and a + 1

(D) Expectation of life at birthday


40)The Total Fertility Rate is

(A) The total number of children born in a country in a given year divided by labour force.

(B) The number of children born to the average woman during her reproductive years.

(C) The number of births in a country divided by total population in a given year.

(D) The number of women age 15 – 45 in a country divided by total population.

41)With population growth rate of 1.0 how much time it would take to double the population?

(A) 28 years

(B) 46 years

(C) 70 years

(D) 100 years

42)disease burden could be measured by the following index:

(A) Mortality adjusted life years

(B) Premature deaths

(C) Mortality-fertility ratio

(D) Disability adjusted life years

43)Most of the early development in demography took place in

(A) England, France, Germany and few other European countries

(B) United States of America and few Latin American countries

(C) Australia, India, China and Russia

(D) None of the above countries

44)What is the working population age considered as per UNPFA?

15-64 years

18-62 years 

16-60 years 

17-65 years

45)Most useful single measure of mortality is,
a. Case fatality rate
b. CDR
c. ASDR
d. Proportional Mortality date


46) Which of the following is the best indicator of health status of a community?
a. Birth rate
b. Infant mortality rate
c. Crude death rate
d. None of the above


47) Mortality experience is taken into consideration when defining:
a. General fertility rate
b. Total fertility rate
c. Net reproduction rate
d. Gross reproduction rate


48). Demographic gap means:
a. Differences in sex ratio
b. Differences between age specific birth and death rates
c. Differences between birth and death rates
d. Differences in child and women ratio

49) Denominator of prenatal mortality is:
a. Number of live births
b. Number of deliveries (live and still births)
c. Live births –still births
d. Number of still births)


50). Total fertility rate (TFR) refers to:
a. Number of births per one thousands woman
b. Number of women between 15-49 years
c. Number of children per women approximate completed family size





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