Read the following passage carefully and answer the questions given below:
COMPARATIVE ANALYSIS ON INDIA, CHINA, AND PAKISTAN India, China, and Pakistan have traveled more than seven decades of developmental path with varied results. Till the late 1970s, all of them were maintaining the same level of low development. The last three decades have taken these countries to different levels. India, with democratic institutions, performed moderately, but the majority of its people still depend on agriculture. India has taken many initiatives to develop the infrastructure and improve the standard of living. Scholars are of the opinion that political instability, over-dependence on remittances and foreign aid along with volatile performance of the agriculture sector are the reasons for the slowdown of the Pakistan economy. Yet, in the last five years, many macroeconomic indicators began showing positive and moderate growth rates reflecting the economic recovery. In China, the lack of political freedom and its implications for human rights are major concerns; yet, in the last four decades, it used the ’market system without losing political commitment’ and succeeded in raising the level of growth along with alleviation of poverty. Which of the following is not true about the Chinese Economy in the last few decades?

Question

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Column - I		Column - II
A	Human development	I	Treats human beings as mewls too increase productivity
B	Human capital	II	Education and health are integral to human well-being
C	On the job training	III	Source of human capital
D	Physical Capital	IV	Tangible and can be easily sold in the market

Which of the following is not true about the Chinese economy in the last few decades?

The Correct Option is D

Solution and Explanation

Which of the following is similar in India, China, and Pakistan?

The Correct Option is C

Solution and Explanation

Till the 1970s, all three economies were maintaining similar growth rates. What led to accelerated development in China after that?

The Correct Option is B

Solution and Explanation

In which of the following economies does the right to private property exist?

The Correct Option is D

Solution and Explanation

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