inclusive growth, sustainable development & employment section 4 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
Consider the following statements about this and pick the correct statement.
- The saving instrument will be available in the denomination of Rs. 1,000, Rs. 5,000, Rs. 10,000 and Rs. 50,000.
- There will be no upper ceiling on investment.
- No tax benefits would be available on these investments.
(a) Only 1
(b) Only 1 and 3
(c) All of these
(d) Only 2
The correct answers to the above question in:
Answer: (c)
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Read more growth sustainable development and employment Based Indian Economy Questions and Answers
Question : 1
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 »Answer: (d)
Question : 2
Consider the following statements about MNREGA (Mahatma Gandhi National Rural Employment Guarantee Act 2005) :
- It is applicable in rural areas.
- It gives a guaranteed employment of 100 days to all eligible and willing to take it.
- For tribals, it provides guaranteed employment of 150 days.
- It is applicable for men only women do not get the benefit.
a) 1, 2 and 3
b) 1 and 2
c) 1, 2 and 4
d) 1, 2, 3 and 4
Answer »Answer: (a)
MNREGA started with an objective to enhance the livelihood security of rural households for creating durable assets and discouraging migration. It gives a guaranteed employment of 100 days to all eligible and willing to take it irrespective of gender.
However, from April 2014, the Act will provide tribals with guaranteed employment of 150 days.
Question : 3
Consider the following statements :
- The Mid-day Meal Scheme is financed and managed by the Ministry of Human Resource Development.
- Mid-day Meal is connected to the right to food.
- It is the world’s largest school feeding programme.
a) 1 and 2
b) 2 and 3
c) 1 and 3
d) 1, 2 and 3
Answer »Answer: (c)
The mid-day meal scheme is financed and managed by the Ministry of Human Resource Development.
It involves provision for free lunch on working days for children in primary and upper primary classes, encouraging poor children to attend school more regularly.
It is the world’s largest school feeding programme, reaching out to about 120,000,000 children.
Question : 4
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 »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 : 5
Consider the following statements:
- National Action Plan on Climate Change (NAPCC) was formed in 2010.
- The Capacity Building Scheme coordinates NAPCC.
a) 2 only
b) 1 only
c) 1 and 2
d) None
Answer »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).
Question : 6
Economic development depends on :
a) Size of the market
b) Capital formation
c) All of the above
d) Natural resources
Answer »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
- human capital,
- critical infrastructure,
- regional competitiveness,
- environmental sustainability,
- social inclusion,
- health,
- safety,
- literacy, and
- other initiatives.
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