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
(a) Per capita rural income
(b) National income
(c) Population
(d) Per capita monetary income
The correct answers to the above question in:
Answer: (d)
A majority of economists such as Simon Kuznets, Meier and Baldwin, Hicks D. Samuelson, Pigeon and others consider national income as the most suitable index of economic development.
However, the UNO experts in their report on ‘Measures of Economic Development of Under-Developed Countries’ have Per Capita Real Income as the best measurement of economic development.
They contend that economic growth is meaningless if it does not improve the standard of living of the common masses. They define economic development as a process by which the real per capita income increases over a long period of time.
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Read more growth sustainable development and employment Based Indian Economy Questions and Answers
Question : 1
In which year Family Planning Programme was started in India?
a) 1950
b) 1952
c) 1955
d) 1951
Answer »Answer: (b)
Question : 2
Match List-I with List-II and select the correct answer using the codes given below the lists.
List I | List II |
(Yojana) | (Based on) |
A. Swajaldhara Yojana | 1. Rural connectivity |
B. Hariyali Yojana | 2. Rural water supply |
C. Swarn Jayanti Gram Swarojgar Yojana | 3. Watershed Management |
D. Pradhan Mantri Gram Sadak Yojana | 4. Rural self-employment |
a) 3 2 4 1
b) 3 4 1 2
c) 2 3 4 1
d) 2 4 1 3
Answer »Answer: (c)
Question : 3
Which of the following are true for underemployment?
- Workers in jobs that do not utilize their skills
- Workers in low paying jobs as relative to their skills
- Part-time workers preferring full-time jobs
- Productivity of labour is low
a) (ii), (iii) & (iv) only
b) (i) & (ii) only
c) (i), (ii) & (iii) only
d) All of the above
Answer »Answer: (d)
Underemployment is a situation in which a worker is employed, but not in the desired capacity, whether in terms of compensation, skill level, experience, education or availability.
While not technically unemployed, the underemployed are often competing for available jobs. Underemployment is a social problem that affects job growth, poverty level, economic growth and emotional health of underemployed workers.
Question : 4
The difference in the value of visible exports and visible imports is called :
a) Balance of Trade
b) Balance of Payments
c) Balance of Account
d) Balance Sheet of items
Answer »Answer: (a)
Balance of Trade refers to the difference between the value of a country’s visible imports and visible exports.
Also known as the visible balance, it forms part of the balance of payments current account. When the value of visible imports totals more than the value of visible exports, it is known as an adverse balance of trade.
Question : 5
‘Swabhiman Scheme’ launched in India is associated with
a) Rural women rights
b) Rural banking
c) Rural food security
d) Rural old people care
Answer »Answer: (b)
Question : 6
Choose the correct answer in the context of PAHAL scheme
a) It is first variety of JAM
b) It directly transfer LPG subsidy into customer’s bank accounts
c) All of the above are true
d) It transfers LPG subsidy via DBT
Answer »Answer: (c)
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