ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC GROWTH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What can be an impact of a rising literacy rate within a nation?
A
Fewer government positions needed.
B
An improved quality of life with better jobs.
C
A decrease in the quality of life.
D
A decrease in the nation’s economy.
Explanation: 

Detailed explanation-1: -Literacy also provides better employment prospects and gives a higher socio-economic status. Increased literacy rate also leads to decreased population growth rate and thus a country’s resources better shared among less people.

Detailed explanation-2: -Literacy is key to economic development of a nation. Our economy grows when citizens have higher functional literacy levels. Greater literacy skills open the doors to more educational, employment and entrepreneurial opportunities. Literacy helps people pull themselves out of poverty and underemployment.

Detailed explanation-3: -Literacy rates in India have increased mainly because of the growth in the educational facilities. However, with a tremendous increase in the population, the absolute number of illiterates has also increased. Q. I call myself a literate person and contribute to increasing the literacy rate of India.

There is 1 question to complete.