MCQs
Total Questions : 150
| Page 13 of 15 pages
Answer: Option D. -> United Nations Conference on Trade and Development (UNCTAD)
Answer: (d)
Answer: (d)
Answer: Option A. -> Dadabhai Naoroji
Answer: (a)
Answer: (a)
Answer: Option D. -> Net Factor Income from abroad
Answer: (d)
NIFA = GNP - GDP
NIFA: refers to the net flow of property income to and from the rest of the world plus the net flow of compensation of employer.
Answer: (d)
NIFA = GNP - GDP
NIFA: refers to the net flow of property income to and from the rest of the world plus the net flow of compensation of employer.
Answer: Option B. -> Ministry of Finance
Answer: (b)
Answer: (b)
Answer: Option A. -> makes the monetary policies less effective
Answer: (a)
The existence of a parallel economy or black money makes the monetary policies less effective.
A parallel economy, based on black money or unaccounted money, causes high circulation of money in the market and thus causes inflation etc.
Black Money - Black Money is the proceeds of an illegal transaction on which income and other taxes have not been paid and which can only be legitimised by some form of Money Laundering
Answer: (a)
The existence of a parallel economy or black money makes the monetary policies less effective.
A parallel economy, based on black money or unaccounted money, causes high circulation of money in the market and thus causes inflation etc.
Black Money - Black Money is the proceeds of an illegal transaction on which income and other taxes have not been paid and which can only be legitimised by some form of Money Laundering
Answer: Option B. -> Rate of GDP growth
Answer: (b)Rate of GDP growth is a major indication of the state of the economy of a country. Economic growth is the increase in the market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in gross domestic product.
Answer: (b)Rate of GDP growth is a major indication of the state of the economy of a country. Economic growth is the increase in the market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in gross domestic product.
Answer: Option C. -> Directive Principles of State Policy
Answer: (c)
The planning of India derives its objectives and social premises followed by the Directive Principles of State Policy. The Directive Principles of State Policy are guidelines to the central and state governments, to be kept in mind while framing laws and policies.
These provisions, contained in Part IV of the Constitution of India, are not enforceable by any court, but the principles laid down therein are considered fundamental in the governance of the country.
Answer: (c)
The planning of India derives its objectives and social premises followed by the Directive Principles of State Policy. The Directive Principles of State Policy are guidelines to the central and state governments, to be kept in mind while framing laws and policies.
These provisions, contained in Part IV of the Constitution of India, are not enforceable by any court, but the principles laid down therein are considered fundamental in the governance of the country.
Question 128. Consider the following statements in regards to ‘poverty line’:
- The International Poverty Line according to World Bank is US $ 1.90/day/person based on PPP (Purchasing Power Parity).
- Planning Commission of India has defined poverty line based on intake of calories and is different for rural and urban areas.
Answer: Option C. -> 1 only
Answer: (c)In India, poverty line is identified in monetary units as the level of income or consumption expenditure required in order to avoid poverty.
Answer: (c)In India, poverty line is identified in monetary units as the level of income or consumption expenditure required in order to avoid poverty.
Answer: Option A. -> 1 and 2
Answer: (a)
The Human Development Index (HDI) is a composite statistic of life expectancy, education, and income used to rank states.
Among the given states, Kerala was having the highest Human Development Index around 0.92 in the year 2012 for achieving the highest literacy rate, quality health services and consumption expenditure of people.
Answer: (a)
The Human Development Index (HDI) is a composite statistic of life expectancy, education, and income used to rank states.
Among the given states, Kerala was having the highest Human Development Index around 0.92 in the year 2012 for achieving the highest literacy rate, quality health services and consumption expenditure of people.
Answer: Option C. -> 1 only
Answer: (c)As per the latest report by Central Statistics Office (CSO), West Bengal recorded highest sex ratio in 110 years. As per the 15th edition of the report “Women and Men in India” published by CSO, Bengal’s sex ratio 949 is at its highest since 1901.
Answer: (c)As per the latest report by Central Statistics Office (CSO), West Bengal recorded highest sex ratio in 110 years. As per the 15th edition of the report “Women and Men in India” published by CSO, Bengal’s sex ratio 949 is at its highest since 1901.