Indian Economic Development Policy Quiz 3 (25 MCQs)

Quiz Instructions:

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1. Which of the following will be included in national income of India

2. ISI policy aimed to develop _____ industries

3. What is the potential benefit of increasing female labor force participation for a country's economy?

4. Which social sector encompasses programs and services related to healthcare, medical facilities, and public health?

5. Which of the following is long period objective of five year plans in India

6. What does the term "jobless growth" refer to in the context of India's economic development?

7. What is Head count ratio?

8. In which year PMEGP formed?

9. If the reserve requirement is 10% and I put in $ 100, what is the amount a bank can loan out?

10. In which year was the planning commission abolished

11. Urban poor includes _____

12. _____ is the social security programme initiated by the Central government to help a few specific groups

13. Tariffs and quotas adopted under foreign trade policy during 1950-1990 was to:

14. What is fiscal development?

15. What does a trade surplus indicate in a country's external sector?

16. Which sector of the Indian economy has traditionally been a major source of employment for the majority of the workforce?

17. What part of GDP was earned by agricultural sector

18. Assume the total population of a country is 200 crores and the people below poverty line is 44 crores. What is the Head Count ratio?

19. The main objective of the first five-year plan of India was?

20. Under which scheme each bank account holder is entitled to Rs.1 lakh accident insurance Rs.30, 000 insurance cover?

21. Accepting deposits from individuals or firms and providing loans to the public are the basic function of _____

22. Which of the following is an example of transfer income

23. The government imposed strict controls and licenses on _____ sector enterprise

24. Poverty is the inability in secure the _____ consumption requirements for life, health and efficiency.

25. Depreciation of fixed capital assets refers to?