Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Comparative Development Experiences of India and its Neighbours

Question:

Which of the following statements is true?

Statement 1- Till the 1980s, all the three countries viz. India, China and Pakistan had similar growth rates and per capita incomes.

Statement 2- The present day fast industrial growth in China can be traced back to the reforms introduced in 1988.

Options:

Only statement 1 is true

Only statement 2 is true

Both statement 1 and statement 2 are true

Neither statement 1 nor statement 2 is true

Correct Answer:

Only statement 1 is true

Explanation:

The correct answer is option 1: Only statement 1 is true

Statement 1- Till the 1980s, all the three countries viz. India, China and Pakistan had similar growth rates and per capita incomes. This is true.

Statement 2- The present day fast industrial growth in China can be traced back to the reforms introduced in 1988. This is false. The present day fast industrial growth in China can be traced back to the reforms introduced in 1978.