inclusive growth, sustainable development & employment section 2 MCQ Questions & Answers Detailed Explanation

Question : 1

Consider the following statements about the Pradhan Mantri Ujjwala Yojana.

1. The scheme provides free LPG connection to the women belonging to Below Poverty Line (BPL) households.
2. Rs. 8000 crores has been earmarked under the scheme.
3. The scheme provides financial support of ` 2800 for each LPG connection to the BPL households.
4. The scheme will benefit 5 crore BPL families across the nation.

a) 1 and 2

b) 1, 3 and 4

c) 1, 2 and 4

d) 1 and 3

Question : 2

Which of the following statements are true regarding minimum wages in India?

1. The National Floor Level Minimum Wage (NFLMW) is not binding on States
2. There are different level of minimum wages across States
3. Minimum wages are different for different categories of employments

a) (ii) & (iii) only

b) (i) & (ii) only

c) (ii) only

d) All of the above

Question : 3

With reference to the National Investment Fund which of the disinvestment proceeds are routed, consider the following statements.

1. The assets in the National Investment Fund are managed by the Union Ministry of Finance.
2. The National Investment Fund is to be maintained within the consolidation fund of India.
3. Certain Asset Management companies are appointed as the fund manager.
4. A certain proportion of annual income is used for financing select social sectors.

a) 1 and 2

b) 3 and 4

c) Only 3

d) Only 2

Question : 4

Which one of the following is the main aim of the recently launched “E-Inclusion project”?

a) To achieve 100 per cent financial inclusion

b) To provide IT training for Rural/SC/ST women beneficiaries

c) To provide core bank facility to all post offices

d) To establish ATM kiosks at Gram Panchayat level

Question : 5

Which one among the following is an appropriate description of deflation?

a) it is a sudden fall in the value of a currency against other currencies

b) It is a persistent fall in the general price level of goods and services

c) It is a persistent recession in the economy

d) It is fall in the rate of inflation over a period of time

Question : 6

AMRUT was launched on

a) 25 June, 2015 to improve basic urban infrastructure in 500 cities

b) 25 June, 2015 to improve basic urban infrastructure in cities

c) 25 June, 2016 to improve availability of safe drinking water in urban areas

d) 25 June, 2015 to improve basic amenities in 500 cities