Economics set 1 MCQs

Practice interactive objective questions for this topic. Select an option to instantly verify your answer and read detailed explanations.

Showing 296 questions
Q.271 According to the National Multidimensional Poverty Index 2021, which Union Territory has the lowest proportion of poor?
A Lakshadweep
B Puducherry
C Chandigarh
D Delhi
Discuss / Board
Q.272 What is the overarching programme introduced in the Union Budget, 2018-19 by Government of India, for the school education sector?
A Samagra Shiksha
B Sarva Vidya Abhiyan
C Right to Education
D Rashtriya Unnat Shiksha Abhiyan
Discuss / Board
Q.273 Who amongst the following said that the government fiscal policy should be used to stabilise the level of output and employment?
A Adam Smith
B Lionel Charles Robbins
C JM Keynes
D Alfred Marshall
Discuss / Board
Q.274 'The Climate Smart Cities Assessment Framework 2.0' is to evaluate how many cities across India?
A 70
B 100
C 32
D 120
Discuss / Board
Q.275 In the PM-SVANidhi Scheme (2020), the urban street vendors are eligible to avail a Working Capital Loan up to 10,000 with a tenure of:
A 5 years
B 1 year
C 2 years
D 3 years
Discuss / Board
Q.276 In which year was the Shri Mahila SEWA Sahakari Bank established?
A 1974
B 1972
C 1971
D 1975
Discuss / Board
Q.277 Which of the following national income aggregates is generally recognised as National Income of a country?
A Net National Product at Market Prices
B Gross National Product at Market Prices
C Gross Domestic Product at Factor Cost
D Net National Product at Factor Cost
Discuss / Board
Q.278 According to Global Multidimensional Poverty Index 2022, what was the population of the poor in India in 2020?
A 328.9 million
B 428.9 million
C 𝟏𝟐𝟖.𝟗 million
D 228.9 million
Discuss / Board
Q.279 What is the maximum amount of home loan the eligible beneficiaries can get under the 'Mo Ghara' scheme launched by the Government of Odisha in May 2023?
A Upto ₹ 5.5 lakh
B Upto ₹4 lakh
C Upto ₹2 lakh
D Upto ₹3 lakh
Discuss / Board
Q.280 What are the three components of the empowerment model in SAPAP of SHGs?
A Social mobilisation, economic development, and education
B Collective empowerment, capital formation, and poverty eradication
C Public resource allocation, capacity building, and microfinance
D Social mobilisation, capital formation, and capacity building of the poor
Discuss / Board
Q.281 As per Planning Commission of India, in 2004 05, the percentage of total population of India below poverty line (Lakadawala Poverty Estimates combined was:
A 38.86%
B 35.97%
C 44.48%
D 27.5%
Discuss / Board
Q.282 What was the percentage increase in the disbursal of 'Pradhan Mantri Mudra Yojana' (PMMY) loans in the first quarter of FY 2023 24 compared to the same quarter in the previous year, if the disbursal reached ₹81,597 crore, up from ₹62,650 crore?
A 27%
B 20%
C 23%
D 15%
Discuss / Board
Q.283 According to National Multidimensional Poverty Index 2023 (A Progress Review), what was the proportion of population in multidimensional poverty (Headcount Ratio) in urban India in 2019-2021?
A 11.32%
B 6.96%
C 2.12%
D 5.27%
Discuss / Board
Q.284 Which of the following is NOT a service of micro finance institution?
A Micro insurance
B Micro saving
C Micro loan
D Micro deposit
Discuss / Board
Q.285 National Urban Livelihood Mission (NULM) was launched in which of the following Five Year plans?
A Twelfth Five Year Plan
B Sixth Five Year Plan
C Tenth Five Year Plan
D Eighth Five Year Plan
Discuss / Board
Q.286 In July 2023, the District Rural Development Agency (DRD(A) in Tirupathur district, Tamil Nadu, achieved a monumental achievement by constructing 1546 farm ponds in just 30 days, setting a new world record. This remarkable initiative was carried out under which government scheme?
A Mahatma Gandhi National Rural Employment Guarantee Scheme
B Jal Jeevan Mission
C Pradhan Mantri Krishi Sinchayee Yojna
D Mission Amrit Sarovar
Discuss / Board
Q.287 Which among the following data was used to compute the estimates in the national Multidimensional Poverty Index (MPI) Baseline Report?
A National Family Health Survey (NFHS-4)
B Annual Employment-Unemployment Survey data
C Economic Survey data
D National Census data
Discuss / Board
Q.288 What are the three components of the empowerment model in SAPAP of SHGs?
A Collective empowerment, capital formation, and poverty eradication
B Public resource allocation, capacity building, and microfinance
C Social mobilisation, capital formation, and capacity building
D Social mobilisation, economic development, and education
Discuss / Board
Q.289 As per HDI 2021, which of the following neighbouring countries of India had the highest female life expectancy at birth?
A Bangladesh
B Maldives
C Bhutan
D Sri Lanka
Discuss / Board
Q.290 Which of the following is the principal strategy adopted by National Literacy Mission for the eradication of illiteracy?
A Education Guarantee Scheme
B Total Literacy Campaign
C Alternative and Innovative Education
D Sarva Shiksha Abhiyan
Discuss / Board
Q.291 Which edition of 'Pradhan Mantri Kaushal Vikas Yojana' has been announced in union budget 2023?
A 3.0
B 2.0
C 4.0
D 5.0
Discuss / Board
Q.292 Which country was a major importer of dye intermediates and castor oils from India in 2022 23?
A China
B Japan
C Brazil
D Belgium
Discuss / Board
Q.293 While estimating Gross Domestic Product, the monetary value of only final goods are considered because……… a) they are easier to count b) it prevents double counting c) they generate higher taxes
A Only a and c
B All a, b and c
C Only b
D Only a
Discuss / Board
Q.294 Which of the following statements is/are true about public goods? I. Rivalrous in consumption II. Non-excludability III. Positive marginal cost
A Only I
B Only II and III
C Only II
D Only I and III
Discuss / Board
Q.295 Proposed in 2023-24, which section of the Income Tax Act of 1961 exempts senior citizens aged 75 years and above from filing income tax returns?
A Section 80c
B Section 139A
C Section 234C
D Section 194P
Discuss / Board
Q.296 What approach did Dadabhai Naoroji use to calculate the Poverty Line?
A Agricultural productivity
B Industrial output
C Export-import data
D Prisoner menu
Discuss / Board

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