inclusive growth, sustainable development & employment section 3 MCQ Questions & Answers Detailed Explanation

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The following question based on Inclusive growth, Sustainable development and employment topic of indian economy mcq

Questions : Consider the following statements regarding, India Inclusive Innovation Fund (IIIF) created by the National Innovation Council (NIC), in partnership with the Ministry of Micro, Small and Medium Enterprises (MSME):
  1. IIIF is an impact investment fund that will invest in ventures catering to the country’s poor.
  2. It is an autonomous ` 500-crore fund, with the union government contributing 50%.
  3. Will be registered under SEBI’s Alternative Investment Fund Category I guidelines.
Which of the statements given above is/are in correct?

(a) 3 only

(b) 2 only

(c) 1 only

(d) 1, 2 and 3

The correct answers to the above question in:

Answer: (b)

IIIF is an impact investment fund that will invest in ventures catering to the country’s poor.

.It is an autonomous Rs. 500-crore fund, with the union government contributing 20%. Will be registered under SEBI’s Alternative Investment Fund Category I guidelines.

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

Question : 1

Consider the following statements :

  1. World GSM mobile tower architecture is an environment-friendly mobile system, to deliver affordable services in villages.
  2. World GSM is solar-powered
Which of the statements given above is/are correct?

a) 2 only

b) 1only

c) 1 and 2 both

d) None

Answer: (c)

The Indian telecom equipment-maker, Vihaan Networks Ltd (VNL) launched its’ solar-powered ‘World GSM’ mobile tower architecture, an environment-friendly and cost-effective mobile system, to deliver affordable services in villages.

Question : 2

The unemployment caused due to the workers lacking the requisite job skills is an example of:

a) Frictional

b) Cyclical

c) Structural

d) Disguised

Answer: (c)

Question : 3

With which one of the following countries, India has signed agreements on “green energy corridors”?

a) Germany

b) Russia

c) South Korea

d) Japan

Answer: (a)

India and Germany signed two agreements on “green energy corridors” under which Delhi will receive almost 9000 million Euros loan from the European nation.

Question : 4

With reference to Pradhan Mantri Kaushal Vikas Yojana, consider the following statements.

  1. It is the flagship scheme of the Ministry of Labour and Employment.
  2. It among other things, will also impart training in soft skills, entrepreneurship, financial and digital literacy.
  3. It aims to align the competencies of the unregulated workforce of the country to the National Skill Qualification Framework.
Which of the statement(s) given above is/are correct?

a) Only 1 and 3

b) Only 2 and 3

c) 1, 2 and 3

d) Only 2

Answer: (b)

Question : 5

Nirmal Bharat Abhiyan started recently by Government of India related to

a) making Ganga, pollution free

b) making the urban areas of the country pollution free

c) ending the Open Latrine System in Rural areas

d) making the environment country pollution free

Answer: (c)

Question : 6

The hypothesis that rapid growth of per capita income will be associated with a reduction in poverty is called

a) U shaped hypothesis

b) trickle up hypothesis

c) poverty estimation hypothesis

d) trickle down Hypothesis

Answer: (d)

According to the trickle-down hypothesis, the rapid growth of per capita income will be associated with a reduction in poverty.

In India, this hypothesis has been interpreted to suggest that growth in agriculture output without radical institution reform will reduce the incidence of poverty in the context of agricultural development in India.

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