Practice Poverty and unemployment - indian economy mcq Online Quiz (set-2) For All Competitive Exams

Q-1)   Who conducts the periodical sample survey for estimating the poverty line in India?

(a)

(b)

(c)

(d)


Q-2)   Which one of the following year is known as the ‘year of the Great Divide’ with regard to population after which there has been a continuous and rapid growth in India’s population?

(a)

(b)

(c)

(d)


Q-3)   According to the Census 2011, the percentage of India’s population to the world population is

(a)

(b)

(c)

(d)


Q-4)   According to the data studied by Planning commission in 2011–12, how much the population of India falls under the poverty line?

(a)

(b)

(c)

(d)

Explanation:

According to the data studied by Planning Commission in 2011–12, 21.9% of the population of India falls under the poverty line.


Q-5)   How many people in India live below poverty line?

(a)

(b)

(c)

(d)


Q-6)   Disguised unemployment generally means:
  1. large number of people remain unemployed
  2. alternative employment is not available
  3. marginal productivity of labour is zero
  4. productivity of workers is low
Find out the correct option from the code:

(a)

(b)

(c)

(d)

Explanation:

Suppose three people work in farm, produce 200 kg of wheat.

If one of them is removed, still farm produces 200 kg wheat. That is disguised unemployment marginal productivity is zero.


Q-7)   The census projection report shows that India is one of the youngest nation in the world. In year 2020, average age of Indians will be of

(a)

(b)

(c)

(d)


Q-8)   Consider the following statements:
  1. Samajwadi Pension Scheme is launched by UP government.
  2. Samajwadi Pension Scheme which will benefit about 40 lakh rural families living below poverty line.
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

Uttar Pradesh government launched the “Samajwadi Pension Scheme” to benefit 40 lakh rural families living below the poverty line.

The new pension scheme will replace the Rani Laxmibai Pension Yojana.


Q-9)   Consider the following statements:
  1. Rashtriya Swasthya Bima Yojana (RSBY) is a centrally sponsored health insurance scheme started in 2008 by the Ministry of Labour and Employment.
  2. The objective of RSBY is to provide protection to BPL households from financial liabilities arising out of health shocks that involve hospitalization.
  3. Beneficiaries under RSBY are entitled to hospitalization coverage up to Rs. 20,000/- for most of the diseases that require hospitalization.
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

Rashtriya Swasthya Bima Yojana (RSBY) is a centrally sponsored health insurance scheme started in 2008 by the Ministry of Labour and Employment to provide protection to BPL households from diseases that involve hospitalization.

Beneficiaries under RSBY are entitled to hospitalization coverage up to Rs. 30,000/- for most of the diseases that require hospitalization.


Q-10)   Consider the following statements:
  1. District rural development agencies (DRDAs) help in reduction of rural poverty in India.
  2. DRDAs secure intersectoral and interdepartmental coordination and cooperation for effective implementation of anti-poverty programmes.
  3. DRDAs ensure effective utilization of funds intended for anti-poverty programme.
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

DRDA has been the principal organ at the district level to oversee the implementation of anti-poverty programmes.

DRDAs secure intersectoral and interdepartmental coordination and cooperation for the effective implementation of anti-poverty programmes.

DRDAs also ensure effective utilization of funds intended for the anti-poverty programmes.


Q-11)   Critical minimum effort theory was designed by which of the following given economist?

(a)

(b)

(c)

(d)


Q-12)   Which of the following fixes the poverty line in India?

(a)

(b)

(c)

(d)


Q-13)   The BPL formula was suggested for the evaluation of poverty in the chairmanship of

(a)

(b)

(c)

(d)

Explanation:

Prof. Tendulkar’s pioneering contribution was his extensive work on poverty and the estimation of people below the poverty line (BPL).

A committee was formed by the government of India in 2009, with Tendulkar as Chairman to ‘report on methodology for estimation of poverty.

In 2009, this committee came out with a new method to calculate poverty.


Q-14)   Which of the following statements is / are true with respect to Phillips curve?
  1. It shows the trade - off between unemployment and inflation
  2. The downward sloping curve of Phillips curve is generally held to be valid only in the short run.
  3. In the long run , Phillips Curve is usually thought to be horizontal at the non accelerating inflation rate of unemployment (NAIRU)
Select the correct answer using the code given below:

(a)

(b)

(c)

(d)

Explanation:

The long-run Phillips curve is now seen as a vertical line at the natural rate of unemployment, where the rate of inflation has no effect on unemployment.


Q-15)   Which among the following in India is the Nodal agency for estimation of poverty at the National and State level?

(a)

(b)

(c)

(d)


Q-16)   When the population growth rate of an economy becomes greater than the achievable economic growth, it is known as

(a)

(b)

(c)

(d)


Q-17)   Which one of the following curves is a graphical representation of the relationship between unemployment and the job vacancy rate ?

(a)

(b)

(c)

(d)

Explanation:

A Beveridge curve, or UV-curve, is a graphical representation of the relationship between unemployment and the job vacancy rate (the number of unfilled jobs expressed as a proportion of the labour force).

It typically has vacancies on the vertical axis and unemployment on the horizontal. The curve is named after William Beveridge.

Friedman’s Curve: It is a graph that obstetric care provides have traditionally used to define a normal length and Pace of labour.


Q-18)   To eradicate the problem of poverty, Twenty Point Economic Programme was launched for the first time in India on

(a)

(b)

(c)

(d)


Q-19)   Which of the following Committees was set up in India for identification of BPL families in Urban Areas?

(a)

(b)

(c)

(d)


Q-20)   Consider the following two statements and answer the question–
  1. The rural poverty alleviation programme will henceforth run on mission mode.
  2. National Rural Livelihood Mission is a centrally sponsored programme implemented by the states.

(a)

(b)

(c)

(d)

Explanation: