inclusive growth, sustainable development & employment section 1 MCQ Questions & Answers Detailed Explanation
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The following question based on Inclusive growth, Sustainable development and employment topic of indian economy mcq
(a) directly with the, interest rate
(b) directly with the volume of employment
(c) directly with the price level
(d) inversely with the price level
The correct answers to the above question in:
Answer: (d)
The variation in the value of money is always accompanied by the opposite variation in the price of commodities and services.
In brief, the value of money varies inversely with the price level. It is reciprocal of the price level.
Vm =1/p (where Vm denotes the value of money and p stands for price level).
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Read more growth sustainable development and employment Based Indian Economy Questions and Answers
Question : 1
Consider the following statements regarding expenditure done by the General Government:
- Expenditure on education is around 3%
- Expenditure on health is around 1.5%
a) Both (i) & (ii)
b) (i) only
c) (ii) only
d) Neither (i) nor (ii)
Answer »Answer: (a)
General Government means, central and state combined.
Question : 2
Poverty Gap is defined as:
- It is the ratio by which the mean income of the poor falls below the poverty line as a proportion of the poverty line
- It is used to reflect the intensity of poverty
a) Both (i) & (ii)
b) (i) only
c) (ii) only
d) Neither (i) nor (ii)
Answer »Answer: (a)
Poverty gap is the ratio by which the mean income of the poor falls below poverty line as a proportion of poverty line.
Poverty gap is used to reflect the intensity of poverty.
Question : 3
Which of the following statements are true regarding ‘replacement level fertility’?
a) It is the level of fertility at which a population exactly replaces itself from one generation to another
b) It is the level of fertility at which population remains constant
c) It is the level of fertility at which population growth remains constant
d) None of the above
Answer »Answer: (a)
Question : 4
When did the Community Development Programme start in India?
a) 1958
b) 1952
c) 1951
d) 1955
Answer »Answer: (b)
Question : 5
Consider the following statements:
- Rashtriya Kishor Swasthya Karyakram is country’s first comprehensive adolescent health programme.
- It covers boy and girls in the age of 13 to 19 years.
a) 2 and 3
b) 1 and 2
c) 1 only
d) 1, 2 and 3
Answer »Answer: (c)
Rashtriya Kishor Swasthya Karyakram is country’s first comprehensive adolescent health programme. It covers boys and girls in the age of 10 to 19 years in urban and rural areas.
Question : 6
Consider the following statements regarding the activities that would be considered in the new Corporate Social Responsibility (CSR) rules for companies.
- Livelihood enhancement and rural development projects
- Promoting preventive health care and sanitation as well as making safe drinking water available
- Working towards the protection of national heritage, art and culture
- Setting up public libraries
a) 2 and 3
b) 1 and 2
c) 1, 2 and 3
d) 1, 2, 3 and 4 all
Answer »Answer: (d)
New Corporate Social Responsibility (CSR) rules will apply to companies with at least Rs. 5 crores net profit, or Rs. 1, 000 crores turnover or `500 crores net worth.
As part of the new Companies Act, these new CSR rules came into effect on April 1, 2014.
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