inclusive growth, sustainable development & employment section 3 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 : Which one of the following is not included in Eight Missions under India’s National Action Plan on Climate Change?

(a) Solar Power

(b) Nuclear Power

(c) Waste to energy conversion

(d) Afforestation

The correct answers to the above question in:

Answer: (b)

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Question : 1

‘Swadhar Yojana’ is related with

a) strengthening architectural monuments

b) creating self employment opportunities for technically skilled persons

c) providing training to workers who have been prematurely separated from the job

d) helping women in difficult circumstances in life

Answer: (d)

Question : 2

Malthusian theory of population explored the relationship between

a) population growth and development

b) food supply and popula-tion growth

c) optimum growth and resources

d) food supply and techno-logy

Answer: (b)

According to the Malthusian theory of population, population increases in a geometrical ratio, whereas food supply increases in an arithmetic ratio.

This disharmony would lead to widespread poverty and starvation, which would only be checked by natural occurrences such as disease, high infant mortality, famine, war or moral restraint.

Question : 3

Consider the following statements regarding new Corporate Social Responsibility (CSR) rules:

  1. Companies to spend 2% of their 3 years average annual net profit on CSR activities.
  2. Surplus from CSR activities can become a part of the profit of the company.
  3. All CSR activities will have to be within India.
  4. The new rules will not be applicable to foreign companies registered in India.
Which of the statements given above is/are correct?

a) 1 and 3

b) 1, 2, and 3

c) 1and 2

d) 1, 2, 3 and 4

Answer: (a)

According to new Corporate Social Responsibility (CSR) rules, companies spend 2% of their 3 years average annual net profit on CSR activities.

Surplus from CSR activities cannot become a part of the profit of the company.

All CSR activities will have to be within India and the new rules will be applicable to the foreign companies registered in India.

Question : 4

Match the following regarding how frequently they are conducted:

List List II
i. Periodic Labour Force Survey 1. Decadal
ii. Economic Census 2. Quinquennial
iii. Consumer Expenditure Survey 3. Annual
iv. Census 4. No fixed periodicity
Select the correct answer using the code given below:

a) (i) – 4, (ii) – 2, (iii) – 3, (iv) – 1

b) (i) – 4, (ii) – 2, (iii) – 4, (iv) – 1

c) (i) – 3, (ii) – 4, (iii) – 2, (iv) – 1

d) (i) – 3, (ii) – 1, (iii) – 4, (iv) – 2

Answer: (c)

Economic Census is conducted by NSO, MoSPI and has no fixed periodicity and presently the 7th Economic Census is being conducted (2019).

The economic census gives insights into the economic activities being carried out across the country, their geographical distribution, the number and distribution of workers, types of ownership and sources of finance.

It covers all structures across the country, whether residential or commercial including informal/unorganized units but excludes certain economic activities such as crop production, plantation activities, illegal activities, public administration and defence, and activities of extra-territorial organisations.

Periodic Labour Force Survey is conducted by National Statistics Office (NSO) to produce annual statistics of employment and unemployment characteristics for both rural and urban areas, along with quarterly estimates for urban areas. Earlier it was conducted after five years.

The household consumption expenditure survey is conducted by National Statistical Office (NSO), after every five years and generates estimates of household Monthly Per Capita Consumer Expenditure.

Census (of the population) is conducted by Registrar General and Census Commissioner under the Ministry of Home Affairs after every 10 years. The 2020 census will be digital.

Annual Survey of Industries (ASI) is the most important source of industrial statistics of the registered organized manufacturing sector (Factories registered under Factories Act 1948) of the economy and extends to the entire country. It is conducted annually by MoSPI.

Question : 5

Which of the following are true for underemployment?

  1. Workers in jobs that do not utilize their skills
  2. Workers in low paying jobs as relative to their skills
  3. Part-time workers preferring full-time jobs
  4. Productivity of labour is low
Select the correct answer using the code given below:

a) (ii), (iii) & (iv) only

b) (i) & (ii) only

c) (i), (ii) & (iii) only

d) All of the above

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 : 6

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
Codes: A B C D

a) 3 2 4 1

b) 3 4 1 2

c) 2 3 4 1

d) 2 4 1 3

Answer: (c)

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