Economic Development in India — Important Questions
Telangana Open School (TOSS) · Class 12 · Economics
49 important questions from Economic Development in India for Telangana Open School (TOSS) Class 12 Economics, with answers.
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Important Questions from Economic Development in India
When was the New Economic Policy launched in India?
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1991
The chapter clearly states that the New Economic Policy was launched in 1991 under P.V. Narasimha Rao.
What is the full form of NITI Aayog?
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National Institution for Transforming India
NITI Aayog stands for National Institution for Transforming India, which replaced the Planning Commission in 2014.
Which country has the highest HDI value according to the 2020 data?
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Norway
The chapter mentions Norway with an HDI value of 0.957, the highest in the given table.
What is the per capita income threshold for high-income countries as per World Bank 2019?
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Above $12695
The chapter states that high-income countries have a per capita income of $12,695 or more per annum.
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