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 following statements about Rashtriya Krishi Vikas Yojana and state which one of them is incorrect?

(a) It was launched during 2007- 2008

(b) Additional central assistance under the scheme would be available as 80% grant to the states

(c) Activities under yojana include integrated development of food crops, agriculture mechanisation, development of rainfed farming etc.

(d) It envisages an outlay of ` 25,000 crore for the Eleventh Five Year Plan

The correct answers to the above question in:

Answer: (b)

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Question : 1

PURA (Providing Urban Amenities in Rural Areas) an ambitious programme on Rural Development was introduced by

a) A.P.J. Abdul Kalam

b) M.S. Swaminathan

c) Atal Bihari Vajpayee

d) Manmohan Singh

Answer: (a)

Question : 2

Which one of the following statements represent ‘Headcount ratio’?

a) When the number of people is estimated as the proportion of people below the median income of the country

b) When the number of poor is estimated as the proportion of people below the poverty line

c) When the number of poor is estimated as the proportion of people above the poverty line

d) None of the above

Answer: (b)

The Headcount ratio (HCR) is the proportion of a population that exists, or lives, below the poverty line.

The Poverty headcount ratio at the national poverty line (percentage of population) in India was last reported at 21.9% in 2011-12 as per the Tendulkar committee.

Question : 3

With reference to digital payments, consider the following statements.

  1. BHIM app allows the user to transfer money to anyone with a UPI-enabled bank account.
  2. While a chip-pin debit card has four factors of authentication, BHIM app has only two factors of authentication.
Which of the statement(s) given above is/are correct?

a) Only 1

b) Both 1 and 2

c) Neither 1 nor 2

d) Only 2

Answer: (a)

Question : 4

Consider the following statements :

  1. Kerala Tourism has been conferred the United Nation Award for creating innovative initiatives for sustainable tourism.
  2. This is for the second time India has won this recognition. First time it was Himachal Pradesh.
Which of the statements given above is/are correct?

a) 2 only

b) 1 only

c) 1 and 2

d) None

Answer: (b)

Kerala Tourism has been conferred the United Nation Award for creating innovative initiatives for sustainable tourism, the first time India has ever won the recognition.

Question : 5

Liberalism stands for

a) self-emancipation

b) a movement and an attitude

c) freedom in social, political and economic aspects

d) religious orthodoxy

Answer: (c)

Liberalism includes a broad spectrum of political philosophies that consider individual liberty to be the most important political goal, and emphasize individual rights and equality of opportunity.

It supports a market economy and a transparent and democratic system of government. The same applies to social and religious aspects as well.

Question : 6

Which one of the following is not an immediate indicator of Industrial Sickness?

a) Drop in profitability

b) Shrinking of market credit

c) Labour unrest

d) Decline in market share

Answer: (d)

Just as diseases are identified by certain symptoms, industrial sickness can be identified by the following symptoms.

These symptoms act as leading indicators of sickness, and if immediate remedial actions are not taken, the sickness will grow to the extent that the organization will find its natural death.

Continuous reduction in

  1. turnover,
  2. Piling up of inventory,
  3. Continuous reduction of net profit to sales ratio,
  4. Short term borrowings at a high interest rate,
  5. Continuous cash losses leading to erosion of tangible net worth etc.

However, the decline of market share is not an immediate indicator.

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