MCQs on Poverty Alleviation in India
Which of the following is the primary objective of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)? A) To provide free education B) To ensure food security C) To…
Which of the following is the primary objective of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)? A) To provide free education B) To ensure food security C) To…
Introduction India, known for its agrarian roots, has a significant portion of its population dependent on agriculture for livelihood. The sector contributes approximately 17-18% to the country's GDP and employs…
Which of the following is a primary objective of the Green Revolution in India? A) Reducing rural poverty B) Increasing agricultural productivity C) Promoting organic farming D) Enhancing water conservation…
Introduction In the 21st century, the digital economy has emerged as a cornerstone of global development, redefining traditional economic models and creating new avenues for growth. India, with its unique…
Which of the following best defines the digital economy? A) An economy based solely on digital currencies B) An economy that uses digital technologies to facilitate business operations C) An…
Introduction The COVID-19 pandemic has reshaped economies globally, and India is no exception. Emerging as one of the world's largest economies, India faced unprecedented challenges as the virus spread across…
What was the primary economic impact of the COVID-19 pandemic on India in 2020? A) Economic growth B) Recession C) Inflation D) Trade surplus Answer: B) Recession Which sector was…
Introduction The Indian banking system is a vital pillar of the country's economic structure, facilitating the flow of capital, credit, and financial services that spur growth and development. With the…
Which of the following is the central bank of India? A) Reserve Bank of India (RBI) B) State Bank of India (SBI) C) Bank of India (BOI) D) Punjab National…
Introduction The informal sector, often referred to as the unorganized sector, plays a crucial role in the Indian economy. Comprising a vast array of businesses and workers, this sector is…
What is the primary characteristic of the informal sector? A) High wages B) Lack of formal contracts C) Government regulation D) Limited employment opportunities Answer: B) Lack of formal contracts…
Introduction India, a rapidly growing economy with a population exceeding 1.4 billion, faces a persistent and multifaceted unemployment crisis. This issue poses significant challenges not only to economic stability but…
What is the definition of unemployment? A) Individuals who are not working and are not seeking work B) Individuals who are actively seeking work but cannot find employment C) Individuals…
Introduction In the context of a rapidly evolving global economy, the significance of Micro, Small, and Medium Enterprises (MSMEs) in shaping the economic landscape of India cannot be overstated. MSMEs,…
Which of the following sectors do MSMEs primarily contribute to in India? a) Agriculture b) Manufacturing c) Services d) All of the above Answer: d) All of the above What…
Introduction In a rapidly evolving global economic landscape, countries strive to enhance their manufacturing capabilities to foster growth, create jobs, and increase competitiveness. India, with its demographic advantages and potential…
What is the primary objective of the 'Make in India' initiative? A) Promote foreign investments B) Boost manufacturing in India C) Enhance agricultural productivity D) Increase service sector contributions Answer:…
Introduction The Indian economy, one of the largest and fastest-growing economies in the world, has undergone significant transformations since its independence in 1947. The balance between the public and private…
Which of the following sectors is primarily owned and operated by the government in India? A) Private Sector B) Public Sector C) Cooperative Sector D) None of the above Answer:…
Introduction In July 2017, India embarked on a transformative journey by implementing the Goods and Services Tax (GST), a landmark reform aimed at simplifying the taxation landscape of the country.…
What does GST stand for? a) General Sales Tax b) Goods and Services Tax c) Global Sales Tax d) Goods and Services Transaction Answer: b) Goods and Services Tax When…