Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy:1950-1990

Question:

Distribution of output relates to which central problem of an Economy?

Options:

What to produce

How much to produce

How to produce

For whom to produce

Correct Answer:

For whom to produce

Explanation:

The correct answer is For whom to produce.

The central problem of "For whom to produce" in an economy deals with deciding who should receive the goods and services that are produced. This is an important issue because different groups in society have different needs and wants, and it is important to ensure that the goods and services that are produced are distributed in a way that meets the needs of all groups.

The other options, "What to produce", "How much to produce", and "How to produce", are all related to the production of goods and services. However, the central problem of "For whom to produce" focuses on the distribution of the goods and services that are produced.