inclusive growth, sustainable development & employment section 2 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

Questions : Consider the following economic processes taking place in Indian Economy :
  1. Import of western culture through the mass media and telecommunication system in India.
  2. Establishment of factory limits of MNCs in India.
  3. Acquisition of branded foreign companies by Indian business tycoons.
Which of the economic processes given above is/are encompassed under globalization?

(a) 1 and 3

(b) 1, 2 and 3

(c) 2 and 3

(d) only 2

The correct answers to the above question in:

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.

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Question : 1

Consider the following statements regarding National Urban Health Mission (NUHM):

  1. It aimed to provide adequate and efficient urban public health delivery system for the urban poor.
  2. Centre will bear 100% of the cost of implement the programme.
Which of the statements given above is/are correct?

a) 2 only

b) 1 and 2

c) 1only

d) None

Answer: (c)

National Urban Health Mission (NUHM) aimed to provide adequate and efficient urban public health delivery system for the urban poor. Under the mission, centre will bear 80% of the cost of implement the programme.

Question : 2

Consider the following statements:

  1. “Maulana Azad Sehat Scheme” is a health scheme for minority women.
  2. It is an initiative of Uttar Pradesh Government.
Which of the statements given above is/are correct?

a) 2 only

b) 1 and 2

c) 1 only

d) None

Answer: (d)

The union government has launched the “Maulana Azad Sehat Scheme” a health scheme for minority students. Under this scheme, students will be provided with a health card which will entitle them to free check-ups twice a year at the place where they are studying.

Question : 3

Consider the following statements regarding how National Rural Livelihood Mission seek to improve livelihood of rural poor:

  1. By setting up large number of new manufacturing industries and agribusiness centres in rural areas.
  2. By strengthening self-help groups and providing skill development.
  3. By supplying seeds, fertilizer, micro-irrigation equipments free of cost.
Which of the statements given above is/are correct?

a) 1 and 3

b) 1 and 2

c) 2 only

d) 1, 2 and 3

Answer: (c)

Aajeevika – National Rural Livelihoods Mission (NRLM) was launched by the Ministry of Rural Development (MoRD), Government of India in June 2011.

The mission aims at creating efficient and effective institutional platforms for the rural poor enabling them to increase household income through sustainable livelihood enhancements and improved access to financial services.

Question : 4

Consider the following statements regarding National Sample Survey (NSS):

  1. It is conducted by National Statistical Office (NSO)
  2. It is a socio-economic survey conducted annually
  3. It is conducted on rotating topics
Select the correct answer using the code given below:

a) (iii) only

b) (i) only

c) (i) & (iii) only

d) All of the above

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 : 5

Which organisation is giving financial support for ‘Tejaswini Rural Women’s Empowerment Programme’?

a) IMF

b) IFAD

c) IIMA

d) IFC

Answer: (b)

Question : 6

Sectoral distribution of GDP index measures_________

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

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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