inclusive growth, sustainable development & employment section 6 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
(a) 2nd October, 1950 A.D.
(b) 2nd October, 1952 A.D.
(c) 2nd October, 1953 A.D.
(d) 2nd October, 1951 A.D.
The correct answers to the above question in:
Answer: (b)
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Read more growth sustainable development and employment Based Indian Economy Questions and Answers
Question : 1
Consider the following statements regarding an economy facing cyclical unemployment:
- It may lead to inflation in the economy
- It may lead to deflation in the economy
- It can be tackled through expansionary monetary policy
- It can be tackled through expansionary fiscal policy
a) (i), (iii) & (iv) only
b) (i) only
c) (ii) only
d) (ii), (iii) & (iv) only
Answer »Answer: (d)
When the economy slows down or is in recession (due to reduced demand) then production in the economy decreases and employers lay off workers which cause cyclical unemployment.
It is a case of reduced demand, so it generally leads to deflation.
So, (ii) statement is true.
It can be tackled by increasing the demand in the economy. RBI can increase the demand through expansionary monetary policy i.e. reduction in repo rate. And government can also increase the demand in the economy by expansionary fiscal policy i.e. increase in government expenditure or reduction in taxes.
Through both these policies, more money reaches the people and demand in the economy increases.
So, (iii) & (iv) statements are also true.
Question : 2
Which of the following items of works are included in Bharat Nirman? Find your answer with the help of given codes.
- Accelerated irrigation benefits programme
- Inter-linking of River projects
- Scheme for repair, renovation and restoration of water bodies
- Rehabilitation of displaced persons due to irrigation projects
a) Only 1 and 2
b) Only 1, 2 and 3
c) All of four
d) Only 1, 2 and 4
Answer »Answer: (b)
Question : 3
Match List I and List II and select your answer from the codes given below.
List I | List II |
A. TRYSEM | 1. Aug, 1979 |
B. NREP | 2. Oct, 1980 |
C. JRY | 3. Apr, 1989 |
D. SGSY | 4. Apr, 1999 |
a) 2 1 3 4
b) 2 3 1 4
c) 1 2 3 4
d) 4 3 2 1
Answer »Answer: (c)
- Training of Rural Youth for Self-Employment (TRYSEM) was launched in August 1979.
- Jawahar Rozgar Yojna was launched on April 1, 1989, by merging National Rural Employment Programme (NREP) and Rural Landless Employment Guarantee Programme (RLEGP).
- The National Rural Employment Programme (NREP) was launched in October 1980.
- Swarnajayanti Gram Swarojgar Yojana (SGSY) was launched in April 1999 to provide sustainable income to poor people.
Question : 4
‘Small Farmers Development’ Programme was started in the year
a) 1974
b) 1980
c) 1961
d) 1967
Answer »Answer: (a)
Question : 5
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 : 6
The worldwide Great Depression took place in
a) 1928
b) 1929
c) 1930
d) 1936
Answer »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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