Interesting Quiz On Economic And Social Development

10 Questions | By Jagranjosh | Updated: Mar 21, 2022 | Attempts: 2276

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If you are an economic student and in the previous classes, you got to understand the basics of economic and social development and identified some of the factors that affect these two types of developments. The quiz below is designed to help you see just how much you got to understand in those classes. Take it up and get to see just how much.

Questions and Answers

1.

Choose the correct statement:1. India's food policy seeks to avert famines by maintaining a buffer stock2. It encourages surplus production for the export marketCode:
- A.
  
  Only 1
- B.
  
  Only 2
- C.
  
  Both 1 and 2
- D.
  
  Neither 1 nor 2
2.

How is economic growth different from economic development?
- A.
  
  Economic development implies an increase in per capita income
- B.
  
  Economic development implies changes in institutions & attitudes
- C.
  
  Economic development implies concern for ecology & environment
- D.
  
  None of these
3.

Finance Ministry has initiated the concept of Outcome Budget from year 2005. Under this initiative, who will be held responsible for monitoring the outcomes?
- A.
  
  Finance Ministry and Planning Commission jointly
- B.
  
  Planning Commission
- C.
  
  Union Cabinet
- D.
  
  None of these
4.

The Central Bank of __________ has been assigned the accountability of controlling inflation and, in pursuing this objective, can even inflict limits on government borrowing?
- A.
  
  India
- B.
  
  Pakistan
- C.
  
  Afghanistan
- D.
  
  New Zealand
5.

Which initiative of Indian Government in the power sector is entitled for earning Certified Emission Reduction under the Clean Development Mechanism?
- A.
  
  Baohat Lamp Yojana
- B.
  
  Rajiv Gandhi Grameen Vidyutikaran Yojana
- C.
  
  Certification by the Bureau of Energy Efficiency
- D.
  
  None of these
6.

At the present rate of growth of population, by which year is India expected to overtake China?
- A.
  
  2045
- B.
  
  2015
- C.
  
  2020
- D.
  
  2060
7.

Which country had the 1st official family planning programme?
- A.
  
  India
- B.
  
  USA
- C.
  
  Australia
- D.
  
  None of these
8.

Which type of unemployment can occur even in a situation of full employment?
- A.
  
  Functional unemployment
- B.
  
  Structural unemployment
- C.
  
  Cyclical unemployment
- D.
  
  None of these
9.

With reference to which period is the usual status (US) unemployment calculated?
- A.
  
  5 years
- B.
  
  1 year
- C.
  
  1 month
- D.
  
  5 months
10.

How is Chronic unemployment measured?
- A.
  
  Using US data
- B.
  
  Using CWS data
- C.
  
  Both A and B
- D.
  
  Neither A nor B