Question

Choose the correct statement

1. Economic Growth is one aspect of Economic Development-Said by Economist Amartya Sen.
2. HDl is apt tool to measure the real development in an economy.
   
3. United States of America ranks top in the globe in terms of its GDP.
   
4. Economic development is quantitative in nature.

Options

• (i), (ii), (iv) are correct

• (i), (ii), (iii) are correct

• (i), (ii), (iii) and (iv) are correct

• (i), (iii), (iv) are correct

Answer 1

(i), (ii), (iii) are correct