inclusive growth, sustainable development & employment section 2 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) Social development of a country
(b) Economic development of a country
(c) Socio-Economic development of a Country
(d) Agriculture development of a country
The correct answers to the above question in:
Answer: (b)
The sectoral distribution of the GDP index measures the development of a country across several economic activities.
It is the market value of all final goods and services produced in a period (quarterly or yearly).
It is one of the primary indicators used to gauge the health of a country’s economy.
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Read more growth sustainable development and employment Based Indian Economy Questions and Answers
Question : 1
Which organisation is giving financial support for ‘Tejaswini Rural Women’s Empowerment Programme’?
a) IMF
b) IFAD
c) IIMA
d) IFC
Answer »Answer: (b)
Question : 2
Consider the following statements regarding National Sample Survey (NSS):
- It is conducted by National Statistical Office (NSO)
- It is a socio-economic survey conducted annually
- It is conducted on rotating topics
a) (iii) only
b) (i) only
c) (i) & (iii) only
d) All of the above
Answer »Answer: (d)
The National Sample Survey (NSS), conducted by National Statistical Office (NSO) is a national socioeconomic survey conducted in annual rounds with a cycle of rotating topics.
For example, the purpose of the 71st round of the National Sample Survey (NSS) conducted in 2014 was to develop indicators on health and education. The purpose of the 68th round (July 2011 – June 2012) of the National Sample Survey was household consumption expenditure.
The household Consumption Expenditure Survey (CES), generally comes after every five years (quinquennial) during these annual rounds of NSS.
The NSS Consumer Expenditure Survey (CES) generates estimates of household Monthly Per Capita Consumer Expenditure (MPCE) and the distribution of households and persons over the MPCE classes. It is designed to collect information regarding expenditure on the consumption of goods and services (food and non-food) consumed by households. The results, after release, are also used for rebasing the GDP and other macroeconomic indicators.
Current Controversy
The 75th round of the National Sample Survey (NSS) was again done on Household Consumption Expenditure from the period July 2017 – June 2018 by National Statistical Office (NSO) (Earlier it used to be done by NSSO, but now NSSO and CSO have been merged under NSO). The survey reported that the consumption expenditure in the period 2011-12 – 2017-18 has fallen, which could have been because it was carried out during a period when the economy was reeling from the effects of demonetisation and the shift to GST.
But the government has withheld the report as it noticed that there was divergence in not only the levels in the consumption pattern but also the direction of the change when compared to the other administrative data sources like the actual production of goods.
So, the government has decided not to release this report. In view of the above controversy, the rebasing of the GDP series, which was earlier considered to be 2017-18 (moving from present 2011-12), may not be done and another base year may be taken.
Question : 3
Consider the following economic processes taking place in Indian Economy :
- Import of western culture through the mass media and telecommunication system in India.
- Establishment of factory limits of MNCs in India.
- Acquisition of branded foreign companies by Indian business tycoons.
a) 1 and 3
b) 1, 2 and 3
c) 2 and 3
d) only 2
Answer »Answer: (b)
Under Globalisation, all the following are covered – Import of western culture through the mass media and telecommunication system, establishment of factory limits of MNCs and acquisition of branded foreign companies by business tycoons.
Question : 4
Consider the following statements :
- IPDS was launched during the 11th five-year plan.
- IPDS aims to establish green field projects to address the environmental issues faced by textile processing units.
a) 2 only
b) 1only
c) 1 and 2
d) None
Answer »Answer: (a)
Integrated Processing Development Scheme (IPDS) is launched during the 12th Five Year Plan. IPDS aims to establish green field projects to address the environmental issues faced by textile processing units.
Question : 5
Consider the following statements regarding Stri Swasthya Suraksha Yojna:
- Health camps and mass awareness drives will be held in various areas of north Delhi and medical services will be provided through various nodal centres, hospitals and mobile dispensaries.
- For unauthorized colonies and rural areas which do not have transportation facilities, 20 mobile dispensaries will be provided to bring services closer for them.
- In the health camps, screenings will be done for different kinds of cancers, anaemia and malnutrition, etc.
- An amount of Rs. 2,100 will be extended to 1% of the Safai Karamcharis as a performance-based reward.
a) 2 and 3
b) 1, 2, and 3
c) 1 and 2
d) 1, 2, 3 and 4
Answer »Answer: (d)
The North Delhi Municipal Corporation (NMDC) launched “Stri Swasthya Suraksha Yojna” – a special health scheme for women to bring services closer for those living in rural areas and unauthorized colonies.
Question : 6
Gross National Product – Depreciation Allowance = ?
a) Personal Income
b) Gross Domestic Product
c) Net National Product
d) Per Capita Income
Answer »Answer: (c)
Net National Product (NNP) is Gross National Product minus a depreciation allowance for the wearing out of machines and buildings during the period.
In other words, NNP= Gross National Product – Depreciation Allowance.
Since NNP counts only the net additions to the nation’s stock, it is less than GNP.
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