UPSC Level 2 Economics Prelims Quiz #5

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Chief Mentor at Oracle IAS

Hemant Bhatt is a B. Tech from Pantnagar University and has studied Social Sciences at SciencesPo, Paris. He teaches at Oracle IAS, Dehradun.
He is a bibliophile and a fitness enthusiast.

#1. Which of the following is/are the major objectives of MGNREGA? 1. Wage employment 2. Create durable community assets 3. Empower Gram Panchayats Chose the correct answer from the codes given below:

1 only

1 and 2

1 and 3

1, 2 and 3 all

#2. With reference to steps taken to achieve fnancial inclusion in India, consider the following statements: 1. Scheduled commercial banks initiatives to masses. 2. Formation of RRB 3. Adoption of village by bank branches Which of the statements given above is/are correct?

1 and 2

2 and 3

1 and 3

1, 2 and 3

#3. Consider the following statements: 1. Accredited social health activists (ASHAs) are community health workers instituted by Ministry of Health and Family Welfare (MoHFW) as part of the National Rural Health Mission (NRHM), 2. The mission began in 2005. 3. ASHAs are local women trained to act as health educators and promoters in their communities. Which of the statements given above is/are correct?

1 only

2 only

1 and 2 both

1, 2 and 3

#4. India ranks at a lower level in Hunger Index. The Hunger Index is measured on which of the following indicators? 1. Number of children who are calorie defcient 2. Child malnutrition 3. Rate of child mortality 4. Rate of literacy Consider the following options:

1 and 2 both

3 and 4

1, 2 and 3

1, 2, 3 and 4

#5. When the productive capacity of the economic systems of a state is inadequate to create suffcient number of jobs, it is called ?

seasonal unemployment

structural unemployment

disguised unemployment

cyclical unemployment

#6. Consider the following statements: 1. Kudumbashree is a poverty eradication mission of government of Karnataka. 2. The mission aims at the empowerment of women, through forming self-help groups and encouraging their entrepreneurial or other wide range of activities. Which of the statements given above is/are correct?

1 only

2 only

1 and 2 both

None

#7. Consider the following statements in regard to the goods and service tax: 1. If GST being levied then excise, VAT, Octroi, Service Tax, etc. will likely go away to make a single taxation system. 2. GST in India will be divided between the state & centre. Which of the above statements is/are correct?

1 only

2 only

None

1 and 2 both

#8. The Goods & Services Tax (GST) will not subsume which among the following central and state taxes? 1. Excise duty 2. Sales tax 3. Income tax 4. Value added tax (VAT) 5. Luxury tax Choose the correct option:

3 only

1, 2, 4 and 5

2, 3, 4 and 5

1, 2, 3 and 4

#9. Consider the following statements and select the correct answer using the codes given below: 1. Educated unemployment increases with high rate of economic growth. 2. It happens only when there is lack of professional education.

1 only

2 only

1 and 2 both

None

#10. Consider the following statements: 1. The Multidimensional Poverty Index is developed by Mckinzey with UNDP support. 2. The Multidimensional Poverty Index (MPI) covers deprivation of health, education, standard of living, i.e., assets and services at household level. Which of the statements given above is/are correct?

1 only

2 only

1 and 2 both

None

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Author
Recent Posts

Hemant Bhatt

Chief Mentor at Oracle IAS

Hemant Bhatt is a B. Tech from Pantnagar University and has studied Social Sciences at SciencesPo, Paris. He teaches at Oracle IAS, Dehradun.
He is a bibliophile and a fitness enthusiast.