Practice Quiz set 6 - indian economy mcq Online Quiz (set-1) For All Competitive Exams

Q-1)   How many minimum hours of power supply is assured for rural agriculture purpose in ‘Atal Jyoti Yojana-2013’?

(a)

(b)

(c)

(d)


Q-2)   ‘Small Farmers Development’ Programme was started in the year

(a)

(b)

(c)

(d)


Q-3)   What was unemployment rate during 2015-16 based on Usual Principal Status in India?

(a)

(b)

(c)

(d)


Q-4)   The worldwide Great Depression took place in

(a)

(b)

(c)

(d)

Explanation:

Depression is referred to a period of time during which economic activity is so low for such a long period of time that large numbers of people are permanently unemployed.

The Great Depression originated in the United States, after the fall in stock prices that began around September 4, 1929, and became worldwide news with the stock market crash of October 29, 1929 (known as Black Tuesday).


Q-5)   Unemployment may result when some workers are temporarily out of work while changing job

(a)

(b)

(c)

(d)


Q-6)   Consider the following statements in regard to inclusive development:
  1. Inclusive development refers to the social inclusion of the socially excluded sections of the society.
  2. Creating productive and gainful employment opportunity
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

Inclusive growth is a concept that includes an equitable allocation to every section of society.

It creates an environment of equality in opportunity in all dimensions, such as employment creation, market, consumption, and production and has created a platform for people who are poor to access a good standard of living.


Q-7)   What is the difference between Millenium Development Goals and Sustainable Development Goals?
  1. Millennium Development Goals (MDGs) were not developed through an inter-governmental process, while SDG was.
  2. All the MDGs are applicable only to the developing countries except for MDG 8 which relates to aid and finance.
Options :

(a)

(b)

(c)

(d)

Explanation:

The Millenium Development Goals focus on developing countries.

There is one exception :

MDG number 8 on developing a global partnership for development, which includes commitments for developed countries to help developing countries.

An important difference is that the sustainable Development Goals are meant to apply to all countries, including developed countries.

Another difference is that the sustainable Development Goals are explicitly meant to include the three dimensions of sustainable development economic, social and environmental.


Q-8)   Consider the following statements:
  1. National Green Tribunal was established in 2010.
  2. It was established for effective and expeditious disposal of cases relating to environmental protection and conservation of forests and other natural resources.
  3. The National Green Tribunal ruling can be challenged in the High Court.
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

National Green Tribunal 2010 was established for effective and expeditious disposal of cases relating to environmental protection and conservation of forests and other natural resources.

The National Green Tribunal ruling can only be challenged in the Supreme Court.


Q-9)   Match List I and List II and select your answer from the codes given below.
List I List II
A. TRYSEM 1. Aug, 1979
B. NREP 2. Oct, 1980
C. JRY 3. Apr, 1989
D. SGSY 4. Apr, 1999
Choose the correct option. A B C D

(a)

(b)

(c)

(d)

Explanation:

  1. Training of Rural Youth for Self-Employment (TRYSEM) was launched in August 1979.
  2. Jawahar Rozgar Yojna was launched on April 1, 1989, by merging National Rural Employment Programme (NREP) and Rural Landless Employment Guarantee Programme (RLEGP).
  3. The National Rural Employment Programme (NREP) was launched in October 1980.
  4. Swarnajayanti Gram Swarojgar Yojana (SGSY) was launched in April 1999 to provide sustainable income to poor people.


Q-10)   Which among the following states has launched free CFL bulbs scheme for hut dwellers?

(a)

(b)

(c)

(d)

Explanation:

Tamil Nadu government distributed free Compact Fluorescent Light (CFL) bulbs to over 14 lakh hut dwellers in the state. The scheme is aimed at saving 40 Mw of electricity.