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Question (1)

QN0021196

What is meant by the term ‘Natural Resource Curse’?

(A) Resources disappear suddenly from a country
(B) Resource-rich regions always become wealthy
(C) Abundant natural resources do not automatically guarantee prosperity
(D) Natural resources become renewable over time

Correct Answer: C

Explanation:

The natural resource curse refers to situations where resource abundance does not automatically lead to prosperity.

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Question (2)

QN0021197

The natural resource curse is sometimes called the:

(A) Resource paradox
(B) Energy cycle
(C) Industrial effect
(D) Economic law

Correct Answer: A

Explanation:

The natural resource curse is also known as the resource paradox.

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Question (3)

QN0021198

Which statement best reflects the natural resource curse?

(A) More resources always mean more development
(B) Resource-rich regions may remain economically weak
(C) Resources eliminate poverty automatically
(D) Resources remove the need for industries

Correct Answer: B

Explanation:

Some resource-rich regions remain economically underdeveloped.

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Question (4)

QN0021199

A major reason for the natural resource curse is the failure to develop:

(A) Festivals
(B) Value-added industries
(C) Rivers
(D) Political boundaries

Correct Answer: B

Explanation:

Lack of value-added industries limits economic growth.

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Question (5)

QN0021200

Value-added industries are industries that:

(A) Export raw materials only
(B) Increase the value of resources through processing and manufacturing
(C) Avoid using technology
(D) Depend only on imports

Correct Answer: B

Explanation:

Value-added industries process resources into higher-value products.

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Question (6)

QN0021201

Which factor can help a country avoid the natural resource curse?

(A) Ignoring education
(B) Investing in technology and skills
(C) Exporting only raw materials
(D) Reducing industrial development

Correct Answer: B

Explanation:

Technology and skill development promote sustainable growth.

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Question (7)

QN0021202

A country exports crude oil but imports expensive refined fuel. This situation most closely reflects:

(A) Value addition
(B) Resource curse risk
(C) Sustainable development
(D) Regeneration

Correct Answer: B

Explanation:

Dependence on raw exports can increase resource curse risks.

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Question (8)

QN0021203

Which of the following is most likely to reduce the impact of the natural resource curse?

(A) Developing manufacturing industries
(B) Exporting all resources in raw form
(C) Avoiding technological growth
(D) Depending only on mining

Correct Answer: A

Explanation:

Manufacturing adds value and creates economic opportunities.

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Question (9)

QN0021204

Countries affected by the natural resource curse often depend heavily on:

(A) Processed goods exports
(B) Raw material exports
(C) Tourism alone
(D) Agriculture alone

Correct Answer: B

Explanation:

Heavy reliance on raw exports can limit development.

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Question (10)

QN0021205

Which statement is TRUE about resource-rich countries?

(A) They always achieve rapid development
(B) They never face economic challenges
(C) Resource wealth alone does not ensure prosperity
(D) They do not require skilled workers

Correct Answer: C

Explanation:

Resources alone are not sufficient for prosperity.

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Question (1)

What is meant by the term ‘Natural Resource Curse’?

Explanation:

Link:

Question (2)

The natural resource curse is sometimes called the:

Explanation:

Link:

Question (3)

Which statement best reflects the natural resource curse?

Explanation:

Link:

Question (4)

A major reason for the natural resource curse is the failure to develop:

Explanation:

Link:

Question (5)

Value-added industries are industries that:

Explanation:

Link:

Question (6)

Which factor can help a country avoid the natural resource curse?

Explanation:

Link:

Question (7)

A country exports crude oil but imports expensive refined fuel. This situation most closely reflects:

Explanation:

Link:

Question (8)

Which of the following is most likely to reduce the impact of the natural resource curse?

Explanation:

Link:

Question (9)

Countries affected by the natural resource curse often depend heavily on:

Explanation:

Link:

Question (10)

Which statement is TRUE about resource-rich countries?

Explanation:

Link:

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