Practice Quiz set 2 - indian economy mcq Online Quiz (set-1) 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)   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-3)   Consider the following statements:
  1. NERLP would benefit all the north east states.
  2. NERLP aims to improve rural livelihoods especially that of women, unemployed youth and most disadvantaged in four North Eastern states only.
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

North East Rural Livelihoods Project ( NERLP) aims to improve rural livelihoods especially that of women, unemployed youth and most disadvantaged, in four north eastern states of Mizoram, Nagaland, Sikkim and Tripura.


Q-4)   Consider the following sectors of the Indian economy with respect to share of employment.
  1. Agriculture sector
  2. Industrial sector
  3. Services sector
Arrange these sectors from highest to lowest in terms of employment and select the correct answer using the codes given below :

(a)

(b)

(c)

(d)

Explanation:

In Indian economy the sectors from highest to lowest in terms of employment are agriculture sector around 50%, service sector around 35% and Industrial sector.


Q-5)   Consider the following statements:
  1. The Multidimensional Poverty Index is developed by Mckinzey with UNDP support.
  2. The Multidimensional Poverty Index (MPI) covers deprivation of health, education, standard of living, i.e., assets and services at household level.
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

The Multidimensional Poverty Index is developed by Oxford Poverty and Human Development with UNDP support.

The poverty index covers deprivation of education, health, the standard of living etc. assets and services at the household level.


Q-6)   Consider the following statements:
  1. Kudumbashree is a poverty eradication mission of government of Karnataka.
  2. The mission aims at the empowerment of women, through forming self-help groups and encouraging their entrepreneurial or other wide range of activities.
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

Kudumbashree is a poverty eradication mission of the government of Kerala.

The mission aims at the empowerment of women, through forming self-help groups and encouraging their entrepreneurial or other wide range of activities.

The purpose of the mission is to ensure that the women should no longer remain as passive recipients of public assistance, but active leaders in women involved development initiatives.


Q-7)   Consider the following statements:
  1. Janani Suraksha Yojana was launched on 12 April 2005.
  2. Its aim to decrease the neonatal and maternal deaths in rural poor.
  3. In this scheme, the states where there is a low rate of institutional deliveries are classified as ‘Low Performing States, whereas the remaining states are termed as High Performing States(HPS).
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

Janani Suraksha Yojana was launched on 12 April 2005. It aims to decrease the neonatal and maternal deaths in rural poor.

In this scheme, the states where there is a low rate of Institutional deliveries are classified as ‘Low Performing States (LPS)’ (the states of Uttar Pradesh, Uttaranchal, Bihar, Jharkhand, Madhya Pradesh, Chhattisgarh, Assam, Rajasthan, Orissa and Jammu and Kashmir), whereas the remaining states are termed as High Performing States (HPS).


Q-8)   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-9)   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-10)   In which state of India during (2011-12) the poverty ratio calculated by the Planning Commission was maximum?

(a)

(b)

(c)

(d)

Explanation:

The poverty ratio was highest in Chhattisgarh at 39.93 per cent followed by Jharkhand (36.96 per cent), Manipur (36.89 per cent), Arunachal Pradesh (34.67 per cent) and Bihar (33.47 per cent). As per 2011-12 data.

The minimum poverty ratio was 5.09%. The National Average of all states of India was 21.92%

Poverty ratio: The ratio of the no. of people whose income falls below the poverty line, taken as half the median household income of the total population.