Question
Due to which of the following reasons increase in
absolute and per capita real GNP do not connote a higher level of economic development?Solution
Per capita GNP is the total value of all the goods and services produced by a country in a year including income from foreign investments, divided by the number of people living there. For countries which have a lot of foreign investments, GNP per capita is a more accurate economic indicator. GNP = GDP + Net income inflow from abroad – Net income outflow to foreign countries. Therefore, if gains of increase in per capita income are grabbed by a small section of society (i.e. poverty and unemployment has increased and the increase in GNP is with a smaller section of population), then economic growth will not lead to economic development.
He said to her, "I will meet you here tomorrow."
You have to finish painting this fence by Friday.
The teacher said to his students, " Health is wealth, whatever you may say."
Change the following sentence to Direct Speech.
The lady replied that she was busy that evening.
Choose the option that is the direct form of the sentence.
The counter clerk asked me what my mobile number was.
The manager gave her a negative feedback during her performance appraisal.
Select the most appropriate option expressed in indirect speech.
“What a nice man Mr Sharma is !” one of the guests at the party said.
Select the option that expresses the given sentence in indirect speech.
My uncle said, “ Just my luck! I’ve missed the bus again.”
The jeweller said to us, "These diamonds are polished here."
