Previous year MCQs

Economy UPPSC 2024 GS-I
Question

Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R).

Assertion (A): Development is being defined as improving living standards and welfare.
Reason (R): Growth in per capita income is not a sufficient measure of development.

Select the correct answer from the codes given below:

Answer & Solution

Answer: (Detailed Solution Below)

Option A: Both (A) and (R) are true and (R) is the correct explanation of (A)

Detailed Solution:

The correct answer is “Both (A) and (R) are true and (R) is the correct explanation of (A)”.

Development is broadly understood as not just economic growth but improving the overall quality of life, including aspects like health, education, and welfare.

While growth in per capita income is a common economic indicator, it does not account for inequalities, environmental sustainability, or the distribution of wealth, among other important dimensions of human well-being.

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