Questions · Page 1 of 2

1 Marks Each

🎯

Test yourself on this topic

50 questions · timed · auto-graded

Question 21 Mark
Which kind of expenditure is included by Tendulkar Committee for poverty line ?
Answer
As per Tendulkar Committee, the different expenditure to be included for calculating poverty line are nutritive and balanced food, health, electricity, kitchen fuel, clothing, educational expenditure, housing, etc.
View full question & answer
Question 31 Mark
Explain the concept of Relative Poverty.
Answer
The condition in which people lack the minimum amount of income needed in order to maintain the average standard of living in the society in which they live is called relative poverty.
View full question & answer
Question 41 Mark
What is Poverty Line?
Answer
When a certain minimum level of per capita consumption and expenditure is required to decide the minimum basic needs of people it is known as poverty line.
View full question & answer
Question 51 Mark
What is Gini? 
Answer
Gini means a statistical measure of the degree of variation represented in a set value, used especially in anlysing income inequality. It's value is between $0$ to $1.$
View full question & answer
Question 61 Mark
How per capita consumption expenditure is measured?
Answer
The market value of goods and service purchased by a family in a year is divided by total population. It is called per capita consumption expenses.
View full question & answer
Question 71 Mark
Give the meaning of productivity per labour?
Answer
During a fixed time duration the production and service produced by a person is called productivity per labor.
View full question & answer
Question 81 Mark
What is Literacy Rate?
Answer
According to Indian population the person who can read and write at $7$ years and above age is called literacy rate.
View full question & answer
Question 91 Mark
Which type of work is done by $FAO?$
Answer
$FAQ$ is Food and Agricultural Organization. This agency is of United Nation. It is special agency. It work to reduce starvation at international level.
View full question & answer
Question 101 Mark
Which insurance yojana was started under Prime Minister security yojana?
Answer
Jivan Jyoti Insurance Yojana was started under Prime Minister Security Yojana.
View full question & answer
Question 111 Mark
Which social security yojana started for unorganized sector from may, $2015?$
Answer
Atal Pension Yojana was started on May $2015$ for social security to unorganised sector.
View full question & answer
Question 121 Mark
Which scheme started from $2015$ for Urban poor?
Answer
Prime Minister Awas Yojana is started for urban poor in $2015.$
View full question & answer
Question 131 Mark
Give the use of Lorenz curve.
Answer
The Lorenz curve is graphical presentation of the distribution of income or of wealth. It was developed by Max $0.$ Lorenz in $1905.$
View full question & answer
Question 141 Mark
What is main objective of $NREGA?$
Answer
To provide minimum $100$ days employment to rural poor, urban poor and lower middle class people through manufacturing public sector.
View full question & answer
Question 151 Mark
When was the National Guarantee Act accepted in India?
Answer
The National Guarantee Act was accepted in the year $2005.$
View full question & answer
Question 161 Mark
Programmes are included in Self-Employment?
Answer
$IRDP$ and $SGSY$ programmes are included in self-employment.
View full question & answer
Question 171 Mark
Which schemes were included in wage employment scheme?
Answer
$JRY$ and $EAS$ were included in wage employment scheme.
View full question & answer
Question 181 Mark
What is the main objective of Wage-Employment?
Answer
The main objective of self-employment is to give direct job to poor who have ability for only physical work.
View full question & answer
Question 201 Mark
To provide Training for self-employment to youngster which scheme started under the title of startup India.
Answer
"Prime Minister Skill Development Scheme" started for self-employment under start up India.
View full question & answer
Question 211 Mark
In which scheme $TRYSEM$ was merged?
Answer
On April, $1999\ TRYSEM$ was merged with $SGSY\ ($Suvarna Jayanti Gram Swarojgar Yojana$).$
View full question & answer
Question 221 Mark
What was the main objective of $TRYSEM?$
Answer
To provide employment to rural youth and to give them technological knowledge and management skill was the main objective of $TRYSEM.$
View full question & answer
Question 231 Mark
Why poverty does not reduce after $1991$ economic reforms, even though there increacse in per capita income?
Answer
After $1991$ economic reforms where per capita income increased but due to unequal distribution of income poverty is not reduced.
View full question & answer
Question 241 Mark
Who is called Literate has per World Bank?
Answer
According to the world bank pepole in the age groupe of $15$ years and above who can read and write is called literate person.
View full question & answer
Question 251 Mark
How many $\%$ of Indian families have toilets facility?
Answer
$66\%$ of Indian family have toilets in their houses in India.
View full question & answer
Question 261 Mark
How many $\%$ of $AIDS$ deceased people are there in developing countries?
Answer
$90\%\ AIDA$ deceased pe0ple are there in developing countries.
View full question & answer
Question 271 Mark
What is the meaning of Infant Mortality Rate?
Answer
The number of infants who die out of every $1000$ infants before completing there first year is know has infants moortality rate.
View full question & answer
Question 281 Mark
What is the meaning of Life Expectancy?
Answer
Number of years a new born baby can live is called life expectancy.
View full question & answer
Question 291 Mark
Which new name is replaced for $NREGA$ in $2009?$
Answer
In $2009, NREGA$ was changed to Mahatma Gandhi National Rural Employment Guarantee Act.
View full question & answer
Question 301 Mark
Which awas scheme is started for rural poor?
Answer
$(i)\ IAS$ Indira Awas Yojana and
$(ii)\ RAY$ Rajiv Awas Yojana are started rural poor.
View full question & answer
Question 311 Mark
Which type of workers are included in unorganised sector?
Answer
Vegetable seller, agricultural labour, manufacturing labour etc. are included in unorganised sector.
View full question & answer
Question 331 Mark
Who provide loan to small scale industries in India?
Answer
On $8,$ April $2015, MUDRA ($Micro Units Development and Refinance Agency Ltd.$)$ is established to provide loan to small scale industries in India.
View full question & answer
Question 341 Mark
According to report of $FAO,$ what is the position of India in malnutrition in the world?
Answer
According to $FAO$ report India is at second position in malnutrition in the world.
View full question & answer
Question 351 Mark
What is meant by Malnutrition?
Answer
Malnutrition is such a situation in which the food taken by individual lacks calories, proteins, carbohydrates, Vitamins and Minerals.
View full question & answer
Question 361 Mark
What is per capita expenditure of India as compared to $U.S.$ and $U.K.?$
Answer
Indian per capita expenditure as compared to $U.S.$ and $U.K.$ was almost fourth part.
View full question & answer
Question 371 Mark
What is called indicator of poverty?
Answer
The different factors showing poverty of a country is called indicator of poverty.
View full question & answer
Question 381 Mark
The minimum and maximum poor state in India on $2013.$
Answer
According to $2013$ report, Goa has minimum poverty and Chhattisgadh has have maximum poverty.
View full question & answer
Question 391 Mark
According to the $68th$ round of $NSSO$ how many percentage of poor were there in India in $2011-12?$
Answer
As per $68th$ round in Tendulkar committee $25.7\%$ in rural sector and $13.7\%$ in urban sector means so total $39.4\%$ poor were there in India in $2011-12.$
View full question & answer
Question 401 Mark
What is Poverty?
Answer
The situation arise in society in which one class of society cannot even satisfied by their Primary needs is called "Poverty."
View full question & answer
Question 421 Mark
What is Absolute Poverty?
Answer
People having income or expenditure are below poverty line are said to be absolutely poor.
View full question & answer
Question 431 Mark
Which things are included in $HDI$ and $HPI?$
Answer
Knowledge, health and standard of living are included in $HDI$ and $HPI.$
View full question & answer
Question 441 Mark
According to which concept poverty is scarcity problem?
Answer
According to traditional concept poverty is scarcity problem.
View full question & answer
Question 451 Mark
In how many types poverty concept can be divided?
Answer
Poverty concept can be divided in two types: $(i)$ Traditional poverty $(ii)$ Modern poverty
View full question & answer
Question 461 Mark
Which type of concept the poverty is?
Answer
Poverty is a relative concept and it is changed according to time, place and society.
View full question & answer
Question 471 Mark
In how many parts poverty are measured by economist to understand it?
Answer
Economist divided poverty into two parts: $(i)$ Relative Poverty $(ii)$ Absolute Poverty.
View full question & answer
Question 481 Mark
From when the planning commission has taken steps to reduce poverty ?
Answer
In fifth five year plan and after that the strategical step are taken to reduce poverty.
View full question & answer
Question 501 Mark
How international poverty line concept is useful?
Answer
With the help of international poverty line absolute poverty for different nations can be measured using uniform method.
View full question & answer
1 Marks Each - Economics STD 12 Commerce Questions - Vidyadip