Poverty, Unemployment and Alleviation Programmes Set 2 MCQs

Q1 | The Govt. of India has launched a number of poverty alleviation programmes. This is done with the view that poverty is the root cause of social insecurity. In addition to that UNO has also launched Millennium Development Goals to be achieved by 2015.Which of the following is NOT one of those goals? [Punjab & Sindh Bank 2011]

Improve mental health

Combat HIV/AIDS, Malaria

Reduce marriageable age for males to 18 yr

Promote gender equality and empower women

Q2 | Which of the following is the amount of Insurance cover provided to the workers of the unorganized sector under Rashtriya Swasthya Bima Yojana ? [Corporation Bank PO 2011]

Rs. 10,0007

Rs. 20,0007

Rs. 30,0007

Rs. 40,0007

Q3 | The Govt. of India does not provide any direct financial assistance to which of the following schemes? [SBI Associates Clerk 2011]

Mahatma Gandhi National Rural Employment Guarantee scheme

Rural Health Mission

Indira Aawas Yojana

Jeevan Sathi Yojana

Q4 | Who amongst the following can take benefit of the Social Security Fund established by the Govt. of India for unorganized workers? [SBI Associates Clerk 2011]

Primary school teacher

Employee of Sugar Factory

Textile Mazdoor

Rickshaw Puller

Q5 | As per latest data in urban areas women employment is highest in which of the following industries areas? [UBI PO 2010]

Private households

Textiles

Apparel

Retail Trade

Q6 | When the productive capacity of the economic system of a State is inadequate to create sufficient number of jobs, it is called [CDS 2012]

seasonal unemployment

structural unemployment

disguised unemployment

cyclical unemployment

Q7 | Under Indira Gandhi National Old Age Pension Scheme (lGNOAPS), the benefits are available to the people having minimum age of ____ [Bank of India PO 2010]

50 years

55 years

65 years

60 years

Q8 | Poverty in less developed countries is largely due to [CPO SI 2010]

voluntary idleness

income inequality

lack of cultural activities

lack of intelligence of the people

Q9 | Which of the following are definite implications of a fall in inflation? 1. Prices have fallen 2. Prices are increasing more slowly than before 3. Food supply has increased 4. There is industrial stagnation

1 and 3

1 only

2 only

1, 3 and 4

Q10 | Among the causes of inflation can be listed: 1. slow growth in agricultural output 2. increasing non-development expenditure of Government 3. rapid population growth 4. rapid growth in costly imports

1 and 2

2 and 3

1, 2, 3 and 4

1 and 4 only

Q11 | Among the remedies of inflation we cannot include:

better capacity utilisation

lowering bank rate

reducing budgetary deficit

an efficient public distribution system

Q12 | A very rapid growth in prices in which money loses its value to the point where even barter may be preferable is known as:

inflation

hyper-inflation

deflation

disinflation

Q13 | Inflationary Gap is a situation characterized by:

excess of Aggregate Demand over Aggregate Supply at the full employment level

gap between Galloping Inflation and Runaway Inflation

Inflation coupled with recession

Inflation that usually prevails in a developing country

Q14 | Which of the following is wrongly matched?

Depression: Insufficient demand causing large scale unemployment of men and machinery over a long period of time

Recession: Reduction in demand and production/ investment over a short period of time

Stagflation: slow pace of economic activity due to falling prices

Boom: Rapid and all-round spurt in economic activity

Q15 | The cause of inflation is:

increase in money supply

fall in production

increase in money supply and fall in production

decrease in money supply and fall in production

Q16 | Who among the following is most benefitted from inflation? [IAS 1989]

Government pensioners

Creditors

Savings Bank Account holders

Debtors

Q17 | Which of the following groups suffer the most from inflation? [CPO SI 2003]

Debtors

Creditors

Business class

Holders of real assets

Q18 | Minimum inflation in post economic reform was in :

1999-2000

2000-01

2001-02

2002-03

Q19 | Inflation is caused as a result of:

increase in money supply

fall in production

increase in money supply without a corresponding increase in production

decrease in money supply without a corresponding decrease in production

Q20 | Which of the following accounts for Cost-Push Inflation?

Increase in money supply

Increase in indirect taxation

Increase in population

Increase in non-plan expenditure

Q21 | The inflation experienced in the country at present is:

galloping inflation

secondary inflation

unrealistic inflation

cost-push inflation

Q22 | Which of the following governmental steps has proved relatively effective in controlling the double digit rate of inflation in the Indian economy during recent years?

Containing budgetory deficits and unproductive expenditure

Streamlined public distribution system

Enhanced rate of production of all consumer goods

Pursuing an export-oriented strategy

Q23 | Of the various ways of financing government's investment expenditure, the leastinflationary is : [PCS 1994]

foreign aid

deficit financing

taxation

public borrowing

Q24 | 'Devaluation' means: [RRB 1992]

converting rupee into gold

lowering of the value of one currency in comparison of some foreign currency

making rupee dealer in comparison to some foreign currency

None of these

Q25 | Monetary policy is regulated by:

money lenders

Central Bank

private entrepreneurs

Government policy