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

Questions : Consider the following statements :
  1. National Mission for Sustaining the Himalayan Ecosystem (NMSHE) was launched during the 12th Plan.
  2. NMSHE covers 10 states.
Which of the statements given above is/are correct?

(a) 2 only

(b) 1 only

(c) 1 and 2 both

(d) None

The correct answers to the above question in:

Answer: (b)

NMSHE was launched during the 12th Plan to sustain the Himalayan ecosystem, continuously assess its health status.

The NMSHE covers 12 Himalayan states of

  1. Jammu and Kashmir,
  2. Himachal Pradesh,
  3. Uttarkhand,
  4. Sikkim,
  5. Arunachal Pradesh,
  6. Nagaland,
  7. Manipur,
  8. Mizoram,
  9. Tripura,
  10. Meghalaya,
  11. Assam and
  12. West Bengal.

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Read more growth sustainable development and employment Based Indian Economy Questions and Answers

Question : 1

Consider the following statements:

  1. Members of Parliament Local Area Development Scheme (MPLADS) is a scheme formulated by the Government of India on 23 December 1993.
  2. MPLADS allows members of Parliament for spending up to 2 crores per year on local area development.
Which of the statements given above is/are correct?

a) 2 only

b) 1 and 2

c) 1 only

d) None

Answer: (c)

Members of Parliament Local Area Development Scheme (MPLADS) is a scheme formulated by the Government of India on 23 December 1993.

MPLADS allows members of Parliament for spending on local area development. It started as Rs. 1 crore per constituency each year, then grew to Rs. 2 crores and now is Rs. 5 crores.

Question : 2

The concept which tries to ascertain the actual deficit in the revenue account after adjusting for expenditure of capital nature is termed as

a) revenue deficit

b) fiscal deficit

c) effective revenue deficit

d) primary deficit

Answer: (c)

Effective Revenue Deficit is basically a revenue deficit excluding expenditure on capital generation from grants from the Centre to the states.

It signifies the number of capital receipts that are being used for the actual consumption expenditure of the Government.

It is a new term introduced in the Union Budget 2011-12. It has now become a new fiscal parameter.

Question : 3

Disguised unemployment generally means

a) large number of people remain unemployed

b) marginal productivity of labour is zero

c) productivity of worker is low

d) alternative employment is not available

Answer: (b)

Question : 4

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: (a)

Question : 5

Poverty Gap is defined as:

  1. It is the ratio by which the mean income of the poor falls below the poverty line as a proportion of the poverty line
  2. It is used to reflect the intensity of poverty
Select the correct answer using the code given below:

a) Both (i) & (ii)

b) (i) only

c) (ii) only

d) Neither (i) nor (ii)

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 : 6

Consider the following statements regarding expenditure done by the General Government:

  1. Expenditure on education is around 3%
  2. Expenditure on health is around 1.5%
Select the correct answer using the code given below:

a) Both (i) & (ii)

b) (i) only

c) (ii) only

d) Neither (i) nor (ii)

Answer: (a)

General Government means, central and state combined.

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