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Today, 3 to 4 questions are seen from the Economics section in every compitetive exam. a) Implicit costs. (a) National council of applied economic research brings out India development report. (c) (i), (ii) and (in) (d) Forest product based energy, because India has abundant forests. Household Behaviour. Decrease, C. 1. Governments and Markets. Increase, B. (c) Metal roads for transportation 1. Economics mcq questions on the topic of Economic Development and Planning for interview, entry test and competitive examination freely available to download for pdf export (c) Only rich countries are considered to be developed because people have money to buy everything needed for human beings—both material and non-material. Economic Growth and Development economics questions and answers for interview, entry test and competitive examination freely available to download for pdf export MCQ Questions for Class 9 Social Science with Answers were prepared based on the latest exam pattern. Heckscher & Ohlin, D. (b) The average income in a country is the income of only employed people. What will be the top priority in the developmental goal of a landless labourer? Chapter 04. These short objective type questions with answers are very important for Board exams as well as competitive exams. (in) A luxury home Sample Test Questions for Development Economics. “An Enquiry into the Nature and … Stay Tuned to BYJU'S to learn more. Fair ... to encourage regional development (d) none of the above (a) 30. Economics Questions and Answers. (c) The average income is the same as per capita income. a. Economics MCQ: Get the easy explanations of MCQ on Economics. These questions will act […] 1. Sustainable development can be defined as an approach to the economic development of a country without compromising the quality of the environment for future generations. 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