inclusive growth, sustainable development & employment section 1 MCQ Questions & Answers Detailed Explanation
MOST IMPORTANT indian economy mcq - 6 EXERCISES
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The following question based on Inclusive growth, Sustainable development and employment topic of indian economy mcq
(a) 6-14 years
(b) 5-14 years
(c) 5-15 years
(d) 6-15 years
The correct answers to the above question in:
Answer: (a)
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Question : 1
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 : 2
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 : 3
Human Development Index comprises literacy rates, life expectancy at birth and
a) GDP per head at real purchasing power.
b) GDP per head in the US dollars.
c) GNP in US dollars
d) National Income per head in US dollars.
Answer »Answer: (d)
Human Development Report the HDI combines three dimensions:
- A long and healthy life: Life expectancy at birth,
- Education index: Mean years of schooling and
- Expected years of schooling and A decent standard of living: GNI per capita (PPP US$).
Question : 4
Consider the following countries :
- Brazil
- Mexico
- South Africa
a) 1 and 3 only
b) 1 only
c) 2 and 3 only
d) 1, 2 and 3.
Answer »Answer: (d)
Emerging markets are nations with social or business activity in the process of rapid growth and industrialization.
Question : 5
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 : 6
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)
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