Question

Which of the following points indicates that human development is more progressed in China than in India or Pakistan? 

Options

• The Chinese reform process began more strongly and comprehensively during the 1980s. At this time, India was in the midstream of a rather slow growth process. 

• Rural poverty in China was declining by 85% during the period from 1978 to1989. In India, at this time, it was declining by only 50% 

• The global exposure to the Chinese economy has been far wider than the Indian economy. 

• All of the above

Answer 1

All of the above

Explanation:

During the 1980s, China's reform process accelerated and became more thorough. India was in the middle of a long and gradual growth cycle at the time. Between 1978 and 1989, China's rural poverty rate has dropped by 85 percent. It was only 50 percent declining in India at the time. Furthermore, the Chinese economy has significantly more worldwide exposure than the Indian economy. Furthermore, China's export-driven industry has fueled its rapid expansion. In addition, India remains a minor player in international markets.