inclusive growth, sustainable development & employment section 4 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 the following statements:
  1. National Action Plan on Climate Change (NAPCC) was formed in 2010.
  2. The Capacity Building Scheme coordinates NAPCC.
Which of the statements given above is/are correct?

(a) 2 only

(b) 1 only

(c) 1 and 2

(d) None

The correct answers to the above question in:

Answer: (a)

National Action Plan on Climate Change (NAPCC) consists of 8 government-backed missions, was formed in 2008.

The Capacity Building Scheme is designed to undertake and augment various activities including the Coordination of National Action Plan on Climate Change (NAPCC).

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

Question : 1

India’s largest solar power plant has been launched in which of the following states?

a) Gujarat

b) Rajasthan

c) Madhya Pradesh

d) Tamil Nadu

Answer: (c)

The Welspun Solar MP Project, the largest solar power plant in India, was launched at Neemuch, Madhya Pradesh.

The plant is set up at a cost of Rs. 1,100 crores on 305 hectares of land, will supply power at ` 8.05 kwh.

Question : 2

Modi Government relaunched the Kisan Vikas Patra (KVP) investment scheme to tap household savings for funding infrastructure development in the country.


Consider the following statements about this and pick the correct statement.
  1. The saving instrument will be available in the denomination of Rs. 1,000, Rs. 5,000, Rs. 10,000 and Rs. 50,000.
  2. There will be no upper ceiling on investment.
  3. No tax benefits would be available on these investments.
Which among the above is/are correct statements?

a) Only 1

b) Only 1 and 3

c) All of these

d) Only 2

Answer: (c)

Question : 3

Which one of the following statements is not true about Pradhan Mantri Suraksha Bima Yojana?

a) It is a personal accident cover

b) It is open to anyone between the age of 18 and 70 years

c) Premium payable is ` 12 per annum

d) It is open to anyone between the age of 18 and 50 years

Answer: (d)

Question : 4

Economic development depends on :

a) Size of the market

b) Capital formation

c) All of the above

d) Natural resources

Answer: (c)

Economic development generally refers to the sustained, concerted actions of policymakers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy.

Such actions can involve multiple areas including the development of

  1. human capital,
  2. critical infrastructure,
  3. regional competitiveness,
  4. environmental sustainability,
  5. social inclusion,
  6. health,
  7. safety,
  8. literacy, and
  9. other initiatives.

Question : 5

Consider the following indicators :

  1. Life expectancy at birth
  2. Adult literacy rate
  3. Infant mortality rate
  Which of these are taken into account while preparing the Human Development Index in India?

a) 1 and 2

b) 2 and 3

c) 1 and 3

d) 1, 2 and 3 all

Answer: (a)

The components are measured by four variables: GDP per capita, (PPP USD), literary rates (%), combined gross enrollment ratio, (%) and life expectancy at birth (years).

Question : 6

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.

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