inclusive growth, sustainable development & employment section 6 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
(a) 1928
(b) 1929
(c) 1930
(d) 1936
The correct answers to the above question in:
Answer: (b)
Depression is referred to a period of time during which economic activity is so low for such a long period of time that large numbers of people are permanently unemployed.
The Great Depression originated in the United States, after the fall in stock prices that began around September 4, 1929, and became worldwide news with the stock market crash of October 29, 1929 (known as Black Tuesday).
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Read more growth sustainable development and employment Based Indian Economy Questions and Answers
Question : 1
The Employment Assurance Scheme envisages financial assistance to rural areas for guaranteeing employment to at least
a) 50% of the men and women seeking jobs in rural areas
b) one man and one woman in a rural family living below the poverty line
c) one person in a rural landless household living below the poverty line
d) 50% of the men seeking jobs in rural areas
Answer »Answer: (b)
Question : 2
‘Small Farmers Development’ Programme was started in the year
a) 1974
b) 1980
c) 1961
d) 1967
Answer »Answer: (a)
Question : 3
When was the Community Development Programme started in India?
a) 2nd October, 1950 A.D.
b) 2nd October, 1952 A.D.
c) 2nd October, 1953 A.D.
d) 2nd October, 1951 A.D.
Answer »Answer: (b)
Question : 4
How many minimum hours of power supply is assured for rural agriculture purpose in ‘Atal Jyoti Yojana-2013’?
a) 10
b) 14
c) 16
d) 12
Answer »Answer: (d)
Question : 5
Which of the following is not the recommendation of the task force on direct taxes under the chairmanship of Dr. Vijay Kelkar in the year 2002?
a) Abolition of wealth tax
b) Elimination of standard deduction
c) Exemption from tax on dividends and capital gains from the listed equity
d) Increase in the exemption limit of personal income to ` 1.20 lakh for widows
Answer »Answer: (d)
Question : 6
A person has left his current job and is looking for another job. He/ she is facing which type of unemployment:
a) Frictional
b) Structural
c) Cyclical
d) He/ she will not be considered as unemployed
Answer »Answer: (a)
Frictional unemployment arises due to people moving between jobs, careers or locations or people entering and exiting the labour force or workers and employers having inconsistency or incomplete information.
Actually, people first leave their job and then they try to find a new job according to their choice and this process takes some time to apply for new jobs and for employers to make a selection and hence they remain unemployed for this transition period.
That is why frictional unemployment is also called transitional unemployment and it is always present in the economy.
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