Economics Jkssb Economics Set 2 Mcqs (342 MCQs) | JKSSB & SSC Quiz

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jkssb economics set 2 mcqs

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Practice Questions

342 Total
Question 121 Discuss
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Based on the Saxena Committee's recommendations, in , the Ministry of Rural Development under the government of India launched the Socio-Economic and Caste Census (SECC).

A
2014
B
2009
C
2011
D
2005

Answer & Explanation

Correct Option: C

The Socio-Economic and Caste Census (SECC) was conducted in 2011, marking the first time a comprehensive caste-based demographic census was carried out in India since 1931.
Question 122 Discuss
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Which five-year plan of India was introduced under the leadership of Indira Gandhi?

A
First
B
Fourth
C
Third
D
Second

Answer & Explanation

Correct Option: B

The Fourth Five-Year Plan (1969-1974) was launched under the leadership of Prime Minister Indira Gandhi, with the major objectives of growth with stability and progressive achievement of self-reliance.
Question 123 Discuss
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The Eighth five year plan was finally launched in after the initiation of structural adjustment policies.

A
1990
B
1991
C
1992
D
1993

Answer & Explanation

Correct Option: C

The Eighth Five-Year Plan was delayed by two years due to political instability and was finally launched in 1992, closely following the structural adjustment policies and economic liberalization of 1991.
Question 124 Discuss
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Which of the following statements is correct regarding five year plan in India? I. India had emerged as one of the fastest growing economy by the end of the Tenth Five year Plan. II. Tenth Five year Plan had set 'monitorable targets' for few key indicators of development.

A
Neither I nor II
B
Only I
C
Both I and II
D
Only II

Answer & Explanation

Correct Option: C

By the end of the Tenth Five-Year Plan (2002-2007), India had indeed emerged as one of the fastest-growing economies globally. This plan was notable for setting specific, monitorable targets for key social and economic indicators beyond just GDP.
Question 125 Discuss
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The adult literacy rate (15+) for male is against 59.3 of females in 2011

A
90
B
78.8
C
70.8
D
58.8

Answer & Explanation

Correct Option: B

According to the 2011 Census data specific to the adult population (15 years and older), the male literacy rate stood at 78.8%, highlighting a significant gender gap compared to the 59.3% adult female literacy rate.
Question 126 Discuss
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……represents a potential for further intellectual growth and contribution to economic-socio cultural development of society.

A
Economy
B
Literacy
C
Politics
D
Census

Answer & Explanation

Correct Option: B

Literacy is recognized as a foundational human skill that empowers individuals, serving as the primary catalyst for intellectual growth and the subsequent socio-economic development of a society.
Question 127 Discuss
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Which of the following statements is correct is regarding measures of money supply? I. M1 and M2 are known as narrow money. II. M3 and M4 are known as broad money.

A
Only II
B
Both I and II
C
Neither I nor II
D
Only I

Answer & Explanation

Correct Option: B

In monetary economics established by the RBI, M1 and M2 are classified as 'narrow money' due to their high liquidity, whereas M3 and M4 are termed 'broad money' as they encompass less liquid assets like bank time deposits.
Question 128 Discuss
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Which of the following statement is correct about the Digital Personal Data Protection Bill, 2023? I. The Bill will apply to the processing of digital personal data within India where such data is collected online or collected offline and is digitized. II. It will also apply to such processing outside India, if it is for offering goods or services in India.

A
Only I
B
Only II
C
Both I and II
D
Neither I nor II

Answer & Explanation

Correct Option: C

The Digital Personal Data Protection (DPDP) Bill 2023 governs the processing of digital personal data domestically and specifically applies extraterritorially if the processing involves offering goods or services to individuals residing in India.
Question 129 Discuss
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What is the time period of the rolling plan during the five-year plan in India?

A
1978 −80
B
1968 −70
C
1971-73
D
1975 −78

Answer & Explanation

Correct Option: A

The Rolling Plan was introduced by the Janata Party government for the period 1978-1980 after terminating the Fifth Five-Year Plan a year early, before it was ultimately scrapped by the returning Congress government.
Question 130 Discuss
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The theme of the Twelfth five year plan of India was .

A
Faster and sustainable growth
B
Faster, More Inclusive and Sustainable Growth
C
Poverty eradication
D
Rapid industrialization

Answer & Explanation

Correct Option: B

The overarching theme and principal objective of the Twelfth Five-Year Plan (2012-2017) was achieving 'Faster, More Inclusive and Sustainable Growth' to ensure broad-based development across all demographic sectors.
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