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
- Brazil
- Mexico
- South Africa
(a) 1 and 3 only
(b) 1 only
(c) 2 and 3 only
(d) 1, 2 and 3.
The correct answers to the above question in:
Answer: (d)
Emerging markets are nations with social or business activity in the process of rapid growth and industrialization.
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Read more growth sustainable development and employment Based Indian Economy Questions and Answers
Question : 1
Which one of the following age groups is eligible for enrolment under ‘Sarva Shiksha Abhiyan’?
a) 6-14 years
b) 5-14 years
c) 5-15 years
d) 6-15 years
Answer »Answer: (a)
Question : 2
Consider the following statements:
- Inclusive is India’s most comprehensive financial inclusion index for measuring the progress of financial inclusion.
- Inclusix is developed by ICRA.
- It measures financial inclusion only on the two critical parameters of basic banking services–branch penetration and deposit penetration.
a) 2 and 3
b) 1 and 2
c) 1 only
d) 1, 2 and 3
Answer »Answer: (c)
CRISIL has developed “Inclusix” which is India’s most comprehensive financial inclusion index for measuring the progress of financial inclusion in the country, down to district level.
Inclusix Index measures financial inclusion on the three critical parameters of basic banking services–branch penetration, deposit penetration and credit penetration.
Question : 3
An economic theory is a/an
a) Hypothesis
b) Proposition
c) Tested hypothesis
d) Axion
Answer »Answer: (b)
A theory is an established explanation that accounts for known facts or phenomena.
Specifically, economic theories ate statements or propositions about patterns of economic behaviour under certain circumstances.
These theories help us sort out and understand the complexities of economic behaviour (Exploring Economics by Robert L. Sexton, p 9).
Question : 4
Which of the following is/are aim/ aims of ‘Digital India’ Plan of the Government of India?
- Formation of India’s own Internet companies like China did.
- Established a policy framework to encourage overseas multinational corporations that collect Big Data to build their large data centers within our national geographical boundaries.
- Connect many of our villages to the internet and bring Wi-Fi to many of our schools, public places major tourist centres.
a) Only 1 and 2
b) Only 2 and 3
c) 1, 2 and 3
d) Only 3
Answer »Answer: (d)
Question : 5
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 »Answer: (b)
Question : 6
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 »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.
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