The passage says that …………………….
1)without foreign aid no underdeveloped country can grow.
2)underdeveloped country must refrain from taking foreign aid.
3)the economies of the underdeveloped countries are more likely to grow faster with substantial foreign
aid than without.
4)underdeveloped countries are economically backward because their governments have not got their
priorities right.
(b) Substantial aid in this context means …………………….
1)technical assistance in the form of trained personnel.
2)capital in the form of bank loans and overdrafts.
3)large amounts of technical assistance and capital.
4)a cheap and plentiful supply of labour.
(c) Which of the following points or statements did the writer actually make?
1)Japan and Russia achieved their development in a democratic framework.
2)Japan and Russia achieved their development in an authoritarian political and social framework.
3)Japan and Russia would have developed faster if they had relied on democratic methods.
4)Japan and Russia are still among the underdeveloped countries of the world.
(d) Accumulation of capital without getting outside and may mean
Answers
Foreign aid, economic growth and economic development are burning issues confronting
development economists and researchers today. This is simply because some of the
researchers support the view that foreign aid lead to growth while others argue that aid does
not contribute to economic growth and thus have a negative impact on economic
development in the recipient country. Since the 1960s, foreign aid starts its journey, but still
there are controversial arguments on whether the major aim for its institution has been
achieved or not.
Answer:The passage says that …………………….
3)the economies of the underdeveloped countries are more likely to grow faster with substantial foreign
priorities right.
3)large amounts of technical assistance and capital.
(c) Which of the following points or statements did the writer actually make?
2)Japan and Russia achieved their development in an authoritarian political and social framework.
Explanation: