IASbaba's Daily Static Quiz
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UPSC Static Quiz - 2020 : IASbaba's Daily Static Quiz - ECONOMY [Day 12]
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Question 1 of 10
1. Question
Consider the following statements
- Transient poor are those who regularly move in and out of poverty.
- Churning poor who are rich most of the time but may sometimes have a patch of bad luck.
Which of the statements given above is/are NOT correct?
Correct
Solution (c)
Churning poor are those who regularly move in and out of poverty (example: small farmers and seasonal workers)
Hence Statement 1 is incorrect.
Transient poor who are rich most of the time but may sometimes have a patch of bad luck.
Hence Statement 2 is incorrect.
Incorrect
Solution (c)
Churning poor are those who regularly move in and out of poverty (example: small farmers and seasonal workers)
Hence Statement 1 is incorrect.
Transient poor who are rich most of the time but may sometimes have a patch of bad luck.
Hence Statement 2 is incorrect.
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Question 2 of 10
2. Question
Consider the following statements
- Total formal employment in the economy increased from 18 per cent in 2011-12 to 20 per cent in 2017-18.
- India is ranked above China in Human Development Index (HDI) 2018.
Which of the statements given above is/are correct?
Correct
Solution (d)
Total formal employment in the economy increased from 8 per cent in 2011-12 to 9.98 per cent in 2017-18.
Hence Statement 1 is incorrect.
India is ranked below China in Human Development Index (HDI) 2018. India’s rank—129, China’s Rank—85)
Hence Statement 2 is incorrect.
Incorrect
Solution (d)
Total formal employment in the economy increased from 8 per cent in 2011-12 to 9.98 per cent in 2017-18.
Hence Statement 1 is incorrect.
India is ranked below China in Human Development Index (HDI) 2018. India’s rank—129, China’s Rank—85)
Hence Statement 2 is incorrect.
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Question 3 of 10
3. Question
Consider the following statements
- ‘Own account workers’ are those who ran their enterprise by hiring labourers.
- According to Periodic Labour Force Survey (PLFS) unpaid family labour comes under the self-employed category.
Which of the statements given above is/are correct?
Correct
Solution (b)
Own account workers include those who operated their enterprises on their own account or with one or a few partners and ran their enterprise without hiring any labour during the reference period while employers are those own account workers who ran their enterprise by hiring labourers.
Hence Statement 1 is incorrect.
According to Periodic Labour Force Survey (PLFS) unpaid family labour comes under the self-employed category.
Unpaid family labourers/helpers included those who were engaged in their household enterprises, working full or part time and did not receive any regular salary or wages in return for the work performed during the reference period.
Hence Statement 2 is correct.
Incorrect
Solution (b)
Own account workers include those who operated their enterprises on their own account or with one or a few partners and ran their enterprise without hiring any labour during the reference period while employers are those own account workers who ran their enterprise by hiring labourers.
Hence Statement 1 is incorrect.
According to Periodic Labour Force Survey (PLFS) unpaid family labour comes under the self-employed category.
Unpaid family labourers/helpers included those who were engaged in their household enterprises, working full or part time and did not receive any regular salary or wages in return for the work performed during the reference period.
Hence Statement 2 is correct.
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Question 4 of 10
4. Question
Consider the following statements:
- Female Labour Force Participation Rate (LFPR) is higher in rural areas as compared to urban areas.
- Female Labour Force Participation Rate (LFPR) for productive age group has shown a decline in 2017-18 compared to 2011-12 levels.
Which of the statements given above is/are NOT correct?
Correct
Solution (d)
Female LFPR is higher in rural areas as compared to urban areas.
Hence Statement 1 is correct.
According to NSO-EUS and PLFS estimates, female labour force participation rate (LFPR) for productive age-group (15-59 years) as per usual status shows a declining trend. Female labour force participation declined by 7.8 percentage points from 33.1 per cent in 2011-12 to 25.3 per cent in 2017-18.
Hence Statement 2 is correct.
Incorrect
Solution (d)
Female LFPR is higher in rural areas as compared to urban areas.
Hence Statement 1 is correct.
According to NSO-EUS and PLFS estimates, female labour force participation rate (LFPR) for productive age-group (15-59 years) as per usual status shows a declining trend. Female labour force participation declined by 7.8 percentage points from 33.1 per cent in 2011-12 to 25.3 per cent in 2017-18.
Hence Statement 2 is correct.
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Question 5 of 10
5. Question
Consider the following statements:
- Prime Minister Employment Generation Programme (PMEGP) is one among the Core of the Core schemes.
- PMEGP scheme is implemented by Khadi and Village Industries Commission (KVIC) functioning as the nodal agency at the national level.
Which of the statements given above is/are correct?
Correct
Solution (b)
Prime Minister Employment Generation Programme (PMEGP) is one among the Major Central Sector schemes.
(Classification of schemes—Core of the Core Schemes, Core Schemes, Major Central Sector schemes
Hence Statement 1 is incorrect.
PMEGP scheme is implemented by Khadi and Village Industries Commission (KVIC) functioning as the nodal agency at the national level.
At the state level, the scheme is implemented through State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs), District Industries Centres (DICs) and banks.
Hence Statement 2 is correct.
Incorrect
Solution (b)
Prime Minister Employment Generation Programme (PMEGP) is one among the Major Central Sector schemes.
(Classification of schemes—Core of the Core Schemes, Core Schemes, Major Central Sector schemes
Hence Statement 1 is incorrect.
PMEGP scheme is implemented by Khadi and Village Industries Commission (KVIC) functioning as the nodal agency at the national level.
At the state level, the scheme is implemented through State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs), District Industries Centres (DICs) and banks.
Hence Statement 2 is correct.
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Question 6 of 10
6. Question
Arrange following committee’s w.r.t. Poverty Alleviation in chronological order:
- Lakadwala Committee
- Y K Alag Committee
- C Rangarajan Committee
- Suresh Tendulkar Committee
- N C Saxena Committee
Select the correct answer using the code given below:
Correct
Solution (d)
- Y K Alag Committee
- Lakadwala Committee
- Suresh Tendulkar Committee
- N C Saxena Committee
- C Rangarajan Committee
Incorrect
Solution (d)
- Y K Alag Committee
- Lakadwala Committee
- Suresh Tendulkar Committee
- N C Saxena Committee
- C Rangarajan Committee
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Question 7 of 10
7. Question
Which of the following categories comes under MGNREGA Special Category Of Workers?
- Persons with disabilities
- Primitive Tribal Groups
- Women in special circumstances
- Senior citizens above 65 years of age
- HIV positive persons
Select the correct answer using the code given below:
Correct
Solution (d)
MGNREGA special categories list:
- Persons with disabilities
- Primitive Tribal Groups
- Nomadic Tribal Groups
- De-notified Tribes
- Women in special circumstances
- Senior citizens above 65 years of age
- HIV positive persons
- Internally displaced persons
Incorrect
Solution (d)
MGNREGA special categories list:
- Persons with disabilities
- Primitive Tribal Groups
- Nomadic Tribal Groups
- De-notified Tribes
- Women in special circumstances
- Senior citizens above 65 years of age
- HIV positive persons
- Internally displaced persons
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Question 8 of 10
8. Question
Consider the following statements with reference to MGNREGA.
- Daily unemployment allowance has to be paid if the employment is not given within 15 days of application for work.
- Job card of the MGNREGA workers cannot be cancelled under any circumstances.
Which of the statements given above is/are correct?
Correct
Solution (a)
Employment is to be given within 15 days of application for work, otherwise daily unemployment allowance has to paid by the respective State.
Hence Statement 1 is correct
Job card cannot be cancelled except where it is found to be a duplicate, or if the entire household has permanently migrated to a place outside the Gram Panchayat and no longer lives in the village.
Hence Statement 2 is incorrect.
Incorrect
Solution (a)
Employment is to be given within 15 days of application for work, otherwise daily unemployment allowance has to paid by the respective State.
Hence Statement 1 is correct
Job card cannot be cancelled except where it is found to be a duplicate, or if the entire household has permanently migrated to a place outside the Gram Panchayat and no longer lives in the village.
Hence Statement 2 is incorrect.
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Question 9 of 10
9. Question
Consider the following statements with respect to the Gini Coefficient.
- It is a measure of income distribution and is derived from the Lorenz Curve.
- A rich country and a poor country can have the same Gini coefficient.
- A Gini coefficient of zero expresses perfect equality.
Which of the above statements is/are correct?
Correct
Solution (d)
Gini Coefficient is a measure of income inequality. It is derived from the Lorenz Curve.
Hence Statement 1 is correct.
A rich country and a poor country can have the same Gini-coefficient, as it does not measure the absolute income levels but the distribution of wealth.
Hence Statement 2 is correct.
A Gini coefficient of zero expresses perfect equality, where all values are the same (for example, where everyone has the same income). One represents complete inequality. However no country has a score of either zero or one, actual figures are somewhere in between.
Hence Statement 3 is correct.
Incorrect
Solution (d)
Gini Coefficient is a measure of income inequality. It is derived from the Lorenz Curve.
Hence Statement 1 is correct.
A rich country and a poor country can have the same Gini-coefficient, as it does not measure the absolute income levels but the distribution of wealth.
Hence Statement 2 is correct.
A Gini coefficient of zero expresses perfect equality, where all values are the same (for example, where everyone has the same income). One represents complete inequality. However no country has a score of either zero or one, actual figures are somewhere in between.
Hence Statement 3 is correct.
-
Question 10 of 10
10. Question
Consider the following Statements with reference to the Rangarajan Committee report on Poverty.
- It computed the average requirements of calories, proteins and fats based on ICMR norms to derive the normative levels of nourishment.
- The Rangarajan Committee goes back to the idea of Tendulkar Committee method of calculating Rural and Urban Poverty Separately.
Which of the above statements is/are correct?
Correct
Solution (a)
The Expert Group (Rangarajan) computed the average requirements of calories, proteins and fats based on ICMR norms differentiated by age, gender and activity for all-India rural and urban regions to derive the normative levels of nourishment.
Hence Statement 1 is correct.
The Rangarajan Committee goes back to the idea of Lakdawala committee method of calculating Rural and Urban Poverty Separately.
Hence Statement 2 is incorrect.
Incorrect
Solution (a)
The Expert Group (Rangarajan) computed the average requirements of calories, proteins and fats based on ICMR norms differentiated by age, gender and activity for all-India rural and urban regions to derive the normative levels of nourishment.
Hence Statement 1 is correct.
The Rangarajan Committee goes back to the idea of Lakdawala committee method of calculating Rural and Urban Poverty Separately.
Hence Statement 2 is incorrect.
