NATURE OF INDIAN ECONOMY MCQS SET 22
211) When was first human development report of India issued?A) Apr-2001
B) Mar - 2000
C) Jun - 2002
D) Apr - 2002
Correct Answer: Apr - 2002
212) Consider the following statements: Regional disparities in India are high and have been rising in recent years because
1. There is persistent investment over time only in Select locales
2. Some areas are agro climatically less conducive to development
3. Some areas continue to face little or no agrarian transformation and the consequent lack of social and
4. Some areas have faced continuous Political instability.
Which of the above statements are correct?
A) 1, 2 and 3
B) 1, 2 and 4
C) 1, 3 and 4
D) 2, 3 and 4
Correct Answer: 1, 2 and 3
213) In which year India adopted liberal and free market principles:
A) 1975
B) 1981
C) 1991
D) 2000
Correct Answer: 1991
214) Which of the following Committee's recommendations are being followed for estimating Poverty Line in India
A) Dutt Committee
B) Lakdawala Committee
C) Chelliah Committee
D) Chakravorty Committee
Correct Answer: Lakdawala Committee
215) Persons below the poverty line in Indian are classified as such based on whether
A) They belong to agricultural labourer household and the scheduled caste/tribe social group
B) They get work for a prescribed minimum number of days in a year
C) They are entitled to a minimum prescribed food basket
D) Their daily wages fall below the prescribed minimum wages
Correct Answer: They are entitled to a minimum prescribed food basket
216) Who is the ex-officio chairman of Planning Commission and National Development Council?
A) President
B) Prime Minister
C) Finance Minister
D) Commerce Minister
Correct Answer: Prime Minister
217) Which one of the following statements regarding Monitorable Socio Economic Target of the 11th Five Year Plan, under the head Environment, is not correct?
A) Treat all urban waste water by 2011-2012 to clear river waters
B) Increase energy efficiency by 20 percentage points by 2016-2017
C) Attain WHO standards of air quality in all major cities by 2011-2012
D) Increase forest and tree cover by 15 percentage points
Correct Answer: Increase forest and tree cover by 15 percentage points
218) 11th Five Year Plan aim at achieving 10% rural teIe-density in India from the present 1.9% by the year?
A) 2008
B) 2009
C) 2010
D) 2012
Correct Answer: 2010
219) India changed over to the decimal system of coinage in
A) Apr - 1951
B) Apr - 1955
C) Apr -1957
D) Apr - 1978
Correct Answer: Apr -1957
220) Which of the following estimates the National Income in India?
A) National Income Committee
B) Planning Commission
C) Reserve Bank of India
D) Central Statistical Organisation
Correct Answer: Central Statistical Organisation
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