inclusive growth, sustainable development & employment section 1 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 16

Poverty Gap is defined as:

  1. It is the ratio by which the mean income of the poor falls below the poverty line as a proportion of the poverty line
  2. It is used to reflect the intensity of poverty
Select the correct answer using the code given below:

a) Both (i) & (ii)

b) (i) only

c) (ii) only

d) Neither (i) nor (ii)

Answer: (a)

Poverty gap is the ratio by which the mean income of the poor falls below poverty line as a proportion of poverty line.

Poverty gap is used to reflect the intensity of poverty.

Question : 17

Which of the following statements are true regarding ‘replacement level fertility’?

a) It is the level of fertility at which a population exactly replaces itself from one generation to another

b) It is the level of fertility at which population remains constant

c) It is the level of fertility at which population growth remains constant

d) None of the above

Answer: (a)

Question : 18

Consider the following statements :

  1. National Mission for Sustaining the Himalayan Ecosystem (NMSHE) was launched during the 12th Plan.
  2. NMSHE covers 10 states.
Which of the statements given above is/are correct?

a) 2 only

b) 1 only

c) 1 and 2 both

d) None

Answer: (b)

NMSHE was launched during the 12th Plan to sustain the Himalayan ecosystem, continuously assess its health status.

The NMSHE covers 12 Himalayan states of

  1. Jammu and Kashmir,
  2. Himachal Pradesh,
  3. Uttarkhand,
  4. Sikkim,
  5. Arunachal Pradesh,
  6. Nagaland,
  7. Manipur,
  8. Mizoram,
  9. Tripura,
  10. Meghalaya,
  11. Assam and
  12. West Bengal.

Question : 19

Consider the following statements:

  1. Members of Parliament Local Area Development Scheme (MPLADS) is a scheme formulated by the Government of India on 23 December 1993.
  2. MPLADS allows members of Parliament for spending up to 2 crores per year on local area development.
Which of the statements given above is/are correct?

a) 2 only

b) 1 and 2

c) 1 only

d) None

Answer: (c)

Members of Parliament Local Area Development Scheme (MPLADS) is a scheme formulated by the Government of India on 23 December 1993.

MPLADS allows members of Parliament for spending on local area development. It started as Rs. 1 crore per constituency each year, then grew to Rs. 2 crores and now is Rs. 5 crores.

Question : 20

The concept which tries to ascertain the actual deficit in the revenue account after adjusting for expenditure of capital nature is termed as

a) revenue deficit

b) fiscal deficit

c) effective revenue deficit

d) primary deficit

Answer: (c)

Effective Revenue Deficit is basically a revenue deficit excluding expenditure on capital generation from grants from the Centre to the states.

It signifies the number of capital receipts that are being used for the actual consumption expenditure of the Government.

It is a new term introduced in the Union Budget 2011-12. It has now become a new fiscal parameter.

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