Practice Quiz set 4 - indian economy mcq Online Quiz (set-1) For All Competitive Exams

Q-1)   According to the Census 2011, the percentage of India’s population to the world population is

(a)

(b)

(c)

(d)


Q-2)   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-3)   Which of the following is/are the major objectives of MGNREGA?
  1. Wage employment
  2. Create durable community assets
  3. Empower Gram Panchayats
Chose the correct answer from the codes given below:

(a)

(b)

(c)

(d)

Explanation:

There are three objectives of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).

First to provide wage employment, second is to create durable community assets and third to empower Gram Panchayats.


Q-4)   Consider the following statements:
  1. Aajeevika - National Rural Livelihoods Mission (NRLM) was approved by the Ministry of Rural Development (MoRD), Government of India in June 2010.
  2. The mission aims at creating efficient and effective institutional platforms for the rural poor enabling them to increase household income through sustainable livelihood enhancements and improved access to financial services.
  3. It is the largest program for women in the world.
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

National Rural Livelihoods Mission (NRLM) was approved by the Government of India in June 2010 to create institutional platforms for the rural poor enabling them to increase household income through sustainable livelihood enhancements and improved access to financial services.

It is the largest program for women areas in the world.


Q-5)   Which Indian state has the highest percentage of children suffering from malnutrition?

(a)

(b)

(c)

(d)


Q-6)   In India, life expectancy is

(a)

(b)

(c)

(d)


Q-7)   The concept of ‘Vicious Circle of Poverty’ is related to

(a)

(b)

(c)

(d)


Q-8)   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-9)   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-10)   Which of the following committees is related to the estimation of poverty in India?

(a)

(b)

(c)

(d)