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Q.

Which country in South-East Asia made rapid economic growth?


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a

India

b

Pakistan

c

Nepal

d

China  

answer is D.

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Detailed Solution

The country China in South-East Asia made rapid economic growth.
It is only because of this growth and the investments in human capital development that poverty in China has declined substantially. The Number of poor in China has come down from a high of 88.3 per cent in 1981 to 14.7 per cent in 2008 to a mere  0.6 per cent in 2019. It shows us how human capital formation has the potential to boost economic growth and bring out various positive changes in the economy.
 
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