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MCQs

Total Questions : 131 | Page 8 of 14 pages
Question 71. 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?
  1.    1 only
  2.    1 and 2 both
  3.    2 only
  4.    1, 2 and 3 all
 Discuss Question
Answer: Option 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.
Question 72. Which one of the following curves is a graphical representation of the relationship between unemployment and the job vacancy rate ?
  1.    Beveridge curve
  2.    Philips curve
  3.    Laffer’s curve
  4.    Friedman’s curve
 Discuss Question
Answer: Option A. -> Beveridge curve
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.
Question 73. The size of marginal land-holding in India is
  1.    1 hectare to 2 hectares
  2.    less than 1 hectare
  3.    more than 5 hectares
  4.    2 hectares to 4 hectares
 Discuss Question
Answer: Option B. -> less than 1 hectare
Answer: (b)
Question 74. Poverty level in India is established on the basis of
  1.    household consumer expenditure
  2.    slum population in the country
  3.    per capita income in different states
  4.    household average income
 Discuss Question
Answer: Option A. -> household consumer expenditure
Answer: (a)
Question 75. Policies to reduce unemployment by reducing union power, tax cuts, reductions in unemployment benefit and investment subsidies are examples of ?
  1.    Keynesian policies
  2.    Supply-side policies
  3.    Monetarist Policies
  4.    Classical policies
 Discuss Question
Answer: Option B. -> Supply-side policies
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 76. The abolition of income tax would probably ______ the number of workers in employment and _______ the equilibrium rate of unemployment?
  1.    increase reduce
  2.    increase, increase
  3.    reduce, increase
  4.    reduce, reduce
 Discuss Question
Answer: Option A. -> increase reduce
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 77. The Phillips curve shows the trade-off between _____ and _____?
  1.    the inflation rate, interest rates
  2.    the inflation rate, the unemployment rate
  3.    interest rates, output
  4.    output, employment
 Discuss Question
Answer: Option B. -> the inflation rate, the unemployment rate
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 78. During Periods of rising inflation and rising interest rates we expect the demand for real cash to ?
  1.    rise
  2.    fall
  3.    not changes
  4.    fluctuates
 Discuss Question
Answer: Option A. -> rise
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 79. The Short run Phillips curve can shift in response to changes in ?
  1.    Inflationary expectations
  2.    unemployment
  3.    the inflation rates
  4.    wage rates
 Discuss Question
Answer: Option A. -> Inflationary expectations
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 80. The equilibrium rate of unemployment at any real wage, is the difference between ______ and ______?
  1.    those willing to work at the going wage labour demand
  2.    labour demand those willing to work at the going wage
  3.    labor demand, labor supply
  4.    those willing to work at the going wage labor supply
 Discuss Question
Answer: Option D. -> those willing to work at the going wage labor supply
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

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