inclusive growth, sustainable development & employment section 5 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 : Pradhan Mantri JAN DHAN YOJANA was launched on

(a) 1st April, 2014

(b) 26th January, 2015

(c) None of the above

(d) 28th August, 2014

The correct answers to the above question in:

Answer: (d)

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Question : 1

‘Pradhan Mantri Gramodaya Yojana’ aims at

a) Meeting rural needs like primary education, healthcare, drinking water, housing rural roads

b) Generating employment in rural area

c) Strengthening Panchayati Raj System in rural areas

d) Alleviating poverty through micro-enterprises

Answer: (a)

Question : 2

Consider the following statements regarding Rajiv Arogya Bhagya scheme :

  1. It entails the beneficiary paying only 10% of the cost of the treatment/procedures.
  2. It allows only BPL cardholders to avail of subsidized healthcare.
  3. Karnataka becomes the first state in the country to cover all its citizens under an affordable healthcare scheme.
Which of the statements given above is/are correct?

a) 2 and 3

b) 1 and 2

c) 1 and 3

d) 1, 2 and 3

Answer: (c)

It entails the beneficiary to pay only 10% of the cost of the treatment/procedures which will allow virtually every citizen in Karnataka with an APL ration card to avail of subsidized healthcare.

Karnataka becomes the first state in the country to cover all its citizens under an affordable healthcare scheme.

Question : 3

Which of the following best indicates economic growth of a Nation?

a) Gross industrial production

b) Per capita income

c) Inflation

d) Agriculture income

Answer: (b)

Some economists believe that economic growth is meaningless if it is not distributed across different segments of the population.

So per capita income is considered by some as a better indicator of economic growth since it measures the average income earned per person in a country in a specified year.

It serves as an indicator of a country's living standards and how wealth or income is distributed across the population.

However, to a vast majority, Gross Domestic Product (GDP) is the most comprehensive measure of overall economic performance.

Question : 4

Consider the following statements:

  1. Instant Money Transfer (IMT) scheme is launched by the Bank of India.
  2. It allows withdrawal of funds to individuals from its ATMs without an account in the bank.
Which of the statements given above is/are correct?

a) 1 only

b) 1 and 2 both

c) 2 only

d) None

Answer: (b)

The Bank of India (BoI) launched an Instant Money Transfer (IMT) scheme and became the first state-run lender to allow withdrawal of funds to individuals from its ATMs without an account in the bank.

In other words, the IMT scheme allows customers to withdraw cash without using either debit card or credit card at BoI’s IMT-enabled ATMs.

Question : 5

Match List I and List II and select your answer from the codes given below.

List I List II
A. Hariyali Yojna 1. Rural water supply
B. Swajal Dhara Yojna 2. Watershed management
C. Swarnjayanti Gram Swarojgar Yojana 3. Rural self-employment
D. Pradhan Mantri Gram Sadak Yojana 4. Rural connectivity
Choose the correct option. A B C D

a) 2 1 3 4

b) 2 3 1 4

c) 1 2 3 4

d) 4 3 2 1

Answer: (a)

`Hariyali’ was launched under the Watershed Management Project, which would enable the rural population to conserve water for drinking, irrigation, fisheries and afforestation as well as to generate employment opportunities.

Swajala Dhara Yojana is a rural drinking water scheme.

Swarnajayanti Gram Swarojgar Yojana (SGSY) provides sustainable income to poor people living in rural areas of the country.

Pradhan Mantri Gram Sadak Yojana is connected with improving rural connectivity

Question : 6

The unemployment caused due to the workers living far from the regions and are unable to move to the locations where jobs are available is an example of:

a) Structural

b) Cyclical

c) Frictional

d) Disguised

Answer: (a)

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