Economics Jkssb Economics Set 1 Mcqs (296 MCQs) | JKSSB & SSC Quiz

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jkssb economics set 1 mcqs

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Practice Questions

296 Total
Question 61 Discuss
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The Drought Prone Area Programme (DPAP) for providing employment to people in drought prone areas was started by the Government of India during the .

A
Fourth Five-Year Plan
B
Sixth Five-Year Plan
C
Third Five-Year Plan
D
Seventh Five-Year Plan

Answer & Explanation

Correct Option: A

The Drought Prone Area Programme (DPAP) was initiated in 1973-74 during the Fourth Five-Year Plan to mitigate the adverse effects of droughts on crop production and livestock.
Question 62 Discuss
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The Accelerated Female Literacy Programme was initiated in districts where the female literacy rate, based on the 2001 census, was .

A
below 35%
B
below 45%
C
below 30%
D
below 50%

Answer & Explanation

Correct Option: C

To tackle severe educational disparities, targeted government literacy programs were heavily focused on rural districts where the female literacy rate had stagnated below 30%.
Question 63 Discuss
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What is the primary objective of the 'Standup India' initiative?

A
To boost the manufacturing sector
B
To promote digital transactions nationwide
C
To facilitate bank loans for SC/ST and women entrepreneurs
D
To support all types of startups

Answer & Explanation

Correct Option: C

Launched in 2016, the Stand-Up India scheme facilitates bank loans between ₹10 lakh and ₹1 crore for at least one SC/ST borrower and one woman borrower per bank branch to set up a greenfield enterprise.
Question 64 Discuss
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As per the Census of India 2011, the increase in literacy rates for males and females, respectively, as compared to 2001 Census was:

A
3.88% and 13.79%
B
5.88% and 12.79%
C
6.88% and 11.79%
D
4.88% and 10.79%

Answer & Explanation

Correct Option: C

The 2011 Census recorded a notable improvement in education, with female literacy growing at a faster rate (11.79%) compared to male literacy (6.88%) over the decade.
Question 65 Discuss
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The CSO adopted the concept of Gross Value Added in .

A
January 2012
B
January 2015
C
January 2017
D
January 2013

Answer & Explanation

Correct Option: B

In January 2015, the Central Statistics Office (CSO) updated the base year and shifted to calculating growth using Gross Value Added (GVA) at basic prices to align with international practices.
Question 66 Discuss
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Which of the following is an example of joint sector industry?

A
Bharat Heavy Electricals Limited
B
Oil India Limited
C
Tata Iron and Steel Company
D
Steel Authority of India Limited

Answer & Explanation

Correct Option: B

Joint sector industries are jointly owned and managed by the government and private individuals or entities; Oil India Limited operates with significant government and private shareholding.
Question 67 Discuss
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According to Census of India 2011, in rural India, which state has the maximum female workforce participation rate?

A
Arunachal Pradesh
B
Uttar Pradesh
C
Himachal Pradesh
D
Andhra Pradesh

Answer & Explanation

Correct Option: C

Himachal Pradesh boasts one of the highest female labor force participation rates in rural India, largely driven by women's active involvement in agricultural and allied activities.
Question 68 Discuss
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According to the Census of India 2011, 'Other Religions and Persuasions (ORP)' comprise how much of the population?

A
3.9 million
B
7.9 million
C
5.9 million
D
9.9 million

Answer & Explanation

Correct Option: B

The Census of India 2011 categorized individuals practicing indigenous or tribal faiths outside the six major religions under 'Other Religions and Persuasions', totaling approximately 7.9 million people.
Question 69 Discuss
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The Flexible Inflation Targeting Framework (FITF) was introduced in India post the amendment of the Reserve Bank of India (RBI) Act, 1934 in .

A
2014
B
2010
C
2016
D
2020

Answer & Explanation

Correct Option: C

In 2016, the RBI Act was amended to establish a statutory basis for the Flexible Inflation Targeting Framework, setting a primary inflation target of 4% with a tolerance band of +/- 2%.
Question 70 Discuss
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According to Census of India 2011, female adolescents in the age group of 10-19 years had

A
52.7%
B
47.3%
C
31.3%
D
20.9%

Answer & Explanation

Correct Option: B

Demographic data from the 2011 Census indicated that females constituted approximately 47.3% of the total adolescent population (10-19 years) in India.
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