poverty & unemployment section 4 MCQ Questions & Answers Detailed Explanation

Question : 1

Consider the following statements:

1. Aajeevika - National Rural Livelihoods Mission (NRLM) was approved by the Ministry of Rural Development (MoRD), Government of India in June 2010.
2. The mission aims at creating efficient and effective institutional platforms for the rural poor enabling them to increase household income through sustainable livelihood enhancements and improved access to financial services.
3. It is the largest program for women in the world.

a) 1 only

b) 1 and 2 both

c) 2 only

d) 1, 2 and 3 all

Question : 2

Poverty level in India is established on the basis of

a) household consumer expenditure

b) slum population in the country

c) per capita income in different states

d) household average income

Question : 3

The size of marginal land-holding in India is

a) 1 hectare to 2 hectares

b) less than 1 hectare

c) more than 5 hectares

d) 2 hectares to 4 hectares

Question : 4

India is at which of following stages of Demographic Transition?

a) Reduction in birth rate but the reduction in death rate is higher than reduction in birth rate

b) Reduction in mortality rate while birth rate continues to be high

c) Population level stabilises with number of births and deaths being low and equal

d) Birth rates and death rates are both low

Question : 5

The concept of ‘Vicious Circle of Poverty’ is related to

a) Adam Smith

b) None of these

c) Karl Marx

d) Nurkse

Question : 6

Which of the following statements is / are true with respect to Phillips curve?

1. It shows the trade - off between unemployment and inflation
2. The downward sloping curve of Phillips curve is generally held to be valid only in the short run.
3. In the long run , Phillips Curve is usually thought to be horizontal at the non accelerating inflation rate of unemployment (NAIRU)

a) 1 and 2 only

b) 1 only

c) 2 and 3 only

d) 1, 2 and 3