inclusive growth, sustainable development & employment section 4 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 16 [UPPCS (Mains) 2009]

‘Skill Development Initiative’ has been operationalised in

a) February, 2005

b) May, 2007

c) April, 2010

d) March, 2005

Answer: (b)

Question : 17

Which of the following are included in the category of direct tax in India?

  1. Corporation tax
  2. Tax on income
  3. Wealth tax
  4. Customs duty
  5. Excise duty
Select the correct answer using the codes given below

a) 1, 2 and 3

b) 2 and 3

c) 1, 2, 4 and 5

d) 1, 3, 4 and 5

Answer: (a)

Corporation Tax, Wealth Tax and Income Tax are in the category of direct tax.

Question : 18 [UPPCS (Pre) 2004]

Which one of the following is true for ‘Swajal dhara’ scheme?

a) It is owned by the state government

b) It is owned by state government and local bodies

c) It is owned by the central government and the local community

d) It is owned by the central government

Answer: (c)

Question : 19

Bhoothalingam Committee was formed with the purpose of:

a) Giving recommendations on Minimum Wage and argued for adoption of National Floor Level Minimum Wage

b) Giving recommendations on revisiting forest laws in India and argued for merging all the existing forest laws into single law

c) Giving nationwide poverty estimates using PPP as basis

d) Of estimating unemployment data in India

Answer: (a)

The idea of a national level minimum wage has been debated since the enactment of the Minimum Wages Act 1948 in India.

The main argument against a national minimum wage has been the existence of wide disparities in economic development and large variations in the cost of living between regions and states.

Bhoothalingam Committee, 1978, argued for the adoption of the National Floor Level Minimum Wage to ensure a uniform wage for all workers and enhance protection of the most vulnerable workers and eliminate arbitrariness in the determination of the level of minimum wages for different States and occupations.

Recommendations were mainly for the organized sector.

Question : 20

Consider the following statements:

  1. The RBI has announced the ‘Depositor Education and Awareness Fund Scheme, 2014’.
  2. The Depositor Education and Awareness Fund Scheme will utilize unclaimed bank deposits for education and awareness of depositors.
  3. The scheme will be funded by the Centre for depositor’s education.
Which among the above is/ are correct statements?

a) 1, 2 and 3

b) 1 and 2

c) 2 and 3

d) None

Answer: (b)

RBI has decided to utilize unclaimed bank deposits that are estimated at Rs. 3,650 crore for education and awareness of depositors.

The apex bank has announced the ‘Depositor Education and Awareness Fund Scheme, 2014’ for this purpose.

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