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 : 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

The correct answers to the above question in:

Answer: (a)

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Read more growth sustainable development and employment Based Indian Economy Questions and Answers

Question : 1

Trace the mismatch between the policy and its year of announcement in the pairs given below.

a) National Water Policy - 2002

b) New National Mineral Policy - 2008

c) National Population Policy – 2012

d) New National Forest Policy - 1988

Answer: (c)

Question : 2

The Mudra Yojana of Government of India is designed to

a) initiate reforms in the currency management

b) supplement the Jan Dhan Yojana

c) provide easy financial assistance to set up small business

d) provide loans to poor farmers

Answer: (c)

Question : 3

Which of the following statements are true regarding “Inclusive growth”?

  1. Inclusive growth is fuelled by market-driven sources of growth
  2. Inclusive growth focuses on productive employment
  3. Inclusive growth focuses on income redistribution
Select the correct answer using the code given below:

a) (ii) & (iii) only

b) (i) & (ii) only

c) (i) & (iii) only

d) All of the above

Answer: (b)

Inclusive growth is typically fuelled by market-driven sources of growth with the government playing a facilitating role. Inclusive growth focuses on both the pace and pattern of growth.

How growth is generated is critical for accelerating poverty reduction, hence it focuses on productive employment rather than income redistribution.

Question : 4

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 : 5

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 : 6

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

Answer: (b)

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