poverty & unemployment section 4 MCQ Questions & Answers Detailed Explanation

MOST IMPORTANT indian economy mcq - 4 EXERCISES

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The following question based on Poverty & Unemployment topic of indian economy mcq

Questions : Which one of the following curves is a graphical representation of the relationship between unemployment and the job vacancy rate ?

(a) Beveridge curve

(b) Philips curve

(c) Laffer’s curve

(d) Friedman’s curve

The correct answers to the above question in:

Answer: (a)

A Beveridge curve, or UV-curve, is a graphical representation of the relationship between unemployment and the job vacancy rate (the number of unfilled jobs expressed as a proportion of the labour force).

It typically has vacancies on the vertical axis and unemployment on the horizontal. The curve is named after William Beveridge.

Friedman’s Curve: It is a graph that obstetric care provides have traditionally used to define a normal length and Pace of labour.

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Read more poverty and unemployment Based Indian Economy Questions and Answers

Question : 1

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

Answer: (b)

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

Answer: (a)

Question : 3

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.
Which of the statements given above is/are correct?

a) 1 only

b) 1 and 2 both

c) 2 only

d) 1, 2 and 3 all

Answer: (d)

National Rural Livelihoods Mission (NRLM) was approved by the Government of India in June 2010 to create institutional platforms for the rural poor enabling them to increase household income through sustainable livelihood enhancements and improved access to financial services.

It is the largest program for women areas in the world.

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