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 191 Discuss
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The United Nations designates 'International Year of Micro Credit'.

A
2003 199 as the
B
2005
C
2007
D
2001

Answer & Explanation

Correct Option: B

The United Nations General Assembly officially and explicitly designated the year 2005 strictly as the International Year of Microcredit to globally emphasize the deep importance of highly inclusive financial sectors for total poverty eradication.
Question 192 Discuss
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In the First seven five-year plan, in India trade was characterized by what is commonly called an strategy.

A
export promotion
B
globalization
C
import substitution
D
free trade

Answer & Explanation

Correct Option: C

During the initial First seven Five-Year Plans (lasting right up to 1990), India strictly followed a deeply inward-looking trade strategy heavily and exclusively reliant on import substitution to protect fragile domestic industries from foreign competition.
Question 193 Discuss
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The planned economic development in India began in which of the following years?

A
1978
B
1961
C
1951
D
1991

Answer & Explanation

Correct Option: C

Structured planned economic development formally and officially began in India with the massive launch of the First Five-Year Plan in 1951, actively spearheaded by Prime Minister Jawaharlal Nehru and the newly minted Planning Commission.
Question 194 Discuss
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Implementation of family planning Programmes were amongst major targets of which of the following five year plan of India?

A
Seventh five year plan
B
Fourth five year plan
C
Sixth five year plan
D
Fifth five year plan

Answer & Explanation

Correct Option: B

While basic family planning was introduced much earlier, the Fourth Five-Year Plan (1969-1974) placed a completely massive, heavily targeted emphasis on strict population control and the extensive, widespread implementation of national family planning programs.
Question 195 Discuss
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) Which of the following five year plan of India aimed at accelerating food grain production, increasing employment opportunities & raising productivity with focus on 'food, work & productivity'?

A
Seventh Five Year Plan
B
Sixth Five Year Plan
C
Eighth Five Year Plan
D
Fifth Five Year Plan

Answer & Explanation

Correct Option: A

The Seventh Five-Year Plan (1985-1990), successfully launched under Prime Minister Rajiv Gandhi, specifically centered on the core, defining themes of 'Food, Work, and Productivity' to powerfully generate employment and effectively upgrade technology.
Question 196 Discuss
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Open Network for Digital Commerce (OND(C) is an initiative by .

A
Department for Promotion of Industry and Internal Trade
B
Ministry of Statistics and Program Implementation
C
Ministry of Information and Broadcasting
D
NITI Aayog

Answer & Explanation

Correct Option: A

The Open Network for Digital Commerce (ONDC) is a massive flagship initiative heavily spearheaded by the Department for Promotion of Industry and Internal Trade (DPIIT) to strongly democratize and wholly decentralize all e-commerce in India.
Question 197 Discuss
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According to the 2011 Census of India, the proportion of population has declined by 0.2 PP (percentage point).

A
Buddhist
B
Hindu
C
Sikh
D
Muslim

Answer & Explanation

Correct Option: C

According to the highly detailed 2011 Census demographic data, the exact proportion of the Sikh population slightly declined from 1.9% in 2001 to strictly 1.7% in 2011, registering a noted drop of 0.2 percentage points.
Question 198 Discuss
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Which age group is typically considered as the working-age population in India?

A
18-64 years
B
20-64 years
C
15-59 years
D
16-65 years

Answer & Explanation

Correct Option: C

In deeply structural Indian demographic data and complex economic planning, the core working-age population is standardly defined as active individuals strictly belonging to the 15 to 59 years age bracket, perfectly representing the demographic dividend.
Question 199 Discuss
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Which measure captures the difference between the government's total expenditure and total receipts, excluding borrowing?

A
Revenue Deficit 200
B
Primary Deficit
C
Fiscal Deficit
D
Gross Fiscal Deficit

Answer & Explanation

Correct Option: C

The critical Gross Fiscal Deficit highly accurately represents the total overall borrowing requirement of the massive central government, mathematically calculated as total immense expenditure minus total receipts, strictly excluding all newly taken borrowings.
Question 200 Discuss
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The Socio-Economic and Caste Census (SECC) 2011 conducted by the government of India ranked households in how many categories?

A
Six
B
Three
C
Four
D
Five

Answer & Explanation

Correct Option: B

The Socio-Economic and Caste Census (SECC) 2011 firmly and automatically categorized massive numbers of rural households into exactly three broad groups: automatically excluded, automatically included, and those strictly graded based on seven deprivation criteria.
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