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

Question : 1

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 : 2

In context with the “Aam Admi Bima Yojana”, consider the following statements:

1. The scheme has been launched for landless households of rural as well as urban areas of the country.
2. The insured person has to pay a nominal premium to avail of benefits under this scheme.
3. The “Premium Fund” of this scheme is managed by the LIC of India.
4. The scheme is not available to senior citizens.

a) 1, 2 and 3

b) 2, 3 and 4

c) 3 and 4

d) 1, 2, 3 and 4

Question : 3

In a country, jobs are available but still people are unemployed as there is a serious mismatch between what companies need and what workers can offer. This kind of unemployment is referred as:

a) Seasonal

b) Cyclical

c) Structural

d) Frictional

Question : 4

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 : 5

What does the term ‘Green shoots’ represent in an Economy?

a) signs of economic recovery during an economy downturn

b) signs of growth of agriculture sector in a growing economy

c) signs of growth of agriculture sector in a declining economy

d) signs of economic decline in a developed economy.

Question : 6

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