INDIAN ECONOMIC POLICY & PLANNING (MCQS) FY B.COM

F.Y B.COM

SEMESTER - 2

MID SEMESTER EXAMINATION

INDIAN ECONOMIC POLICY & PLANNING

(IEPP)

MCQS - 2017

(1) The term 'Sustainable Development' was first used by the World Conservation Strategy in the year

(A) 1980

(B) 1994

(C) 1987

(D) 1990 

(2) Human Development Index is a composite index of

(A) Life Expectancy

(B) Education and a Decent Standard of Living

(C) Only (B) is correct

(D) Both (A) and (B) are correct

(3) Under Physical Planning, the resources are allocated in terms of

(A) Men, materials and machinery

(B) Money

(C) Finance is the main key to economic development

(D) None of the above

(4) Which of the following programmes were introduced under the NITI Aayog?

(A) Centrally Sponsored Scheme (CSS)

(B) Skill Development

(C) Swachh Bharat Mission

(D) All the above three

(5) Which one of the following is the fifth goal of the 17 Sustainable Development Goals?

(A) Gender Equality

(B) Quality Education

(C) Zero Hunger

(D) Clean Water and Sanitation 

(6) A variety of Structural and Institutional changes in the framework of economic activity refers to:

(A) Modernization

(B) Economic Growth

(C) Social Justice

(D) None of the Above

(7) How many indicators are used to calculate MPI?

(A) 3

(B) 4

(C) 6

(D)10

(8) Income index indicators are _______ and _______

(A) Real National Income and Gross National product

(B) Real per capita income and Human development index

(C) Real National income and Real Per capita income

(D) Human poverty index and Real per capita income

(9) The concept of HDI was popularized by

(A) Morris D Morris

(B) Keynes

(C) Adam Smith

(D) Mahbub UI Haq

(10) Longevity is a proxy for _______ in the Human Development Index

(A) Health and Nutrition

(B) Infant mortality

(C) Living standard

(D) Purchasing Power Parity

(11) The New HDI is the _______ of the three dimensional indices.

(A) Average

(B) Mean

(C) Geometric mean

(D) Ratio

(12) The Prime Minister Narendra Modi, in January 2015, reformulated the Planning Commission of India as

(A) National Planning Committee

(B) National Institute for Transforming India

(C) National Sample Survey Organization

(D) None of the above

(13) Which of following is not a component of MPI?

(A) Health

(B) Occupation

(C) Education

(D) Standard of living

(14) Reduction in dependence on foreign aid, reduction in imports implies _______?

(A) Import Substitution

(B) Self Dependence

(C) Exports Promotion

(D) Self Reliance 

(15) _______ development addresses both inter and intra generation equalities. 

  

(A) Sustainable Development

(B) Holistic

(C) Economic

(D) Equitable

(16) National Seeds Corporation of India was created in the year of _______? 

(A) 1969 

(B) 1965

(C) 1963

(D) 1970

(17) Which of the following states benefitted the most in Green Revolution?

(A) Eastern States

(B) Western States 

(C) Southern States 

(D) Northern states

(18) What is the role of National Crop Forecasting Center (NCFC)?

(A) Production Forecast

(B) Agriculture Research

(C) Development of HYV seeds

(D) Food storage

(19) Which one of the following is NOT an outcome of the Green Revolution

(A) It increases Agricultural Production

(B) It leads to increase in income and employment

(C) It reduces the gap between rich farmers and poor farmers

(D) It is confined to a few States only

(20) Deforestation generally decreases

(A) Global Warming

(B) Soil erosion

(C) Drought

(D) Rainfall

(21) Capital intensive techniques of the new agricultural strategy are supposed to be also at the same time _______

(A) Labor Intensive

(B) Technical Intensive

(C) Capital Intensive

(D) None of above  

(22) ATMA stands for

(A) Agriculture Technology Management Association

(B) Agriculture Transport Management Association

(C) Agriculture Technology Management Agencies

(D) Agriculture Transport Management Agencies

(23) Under the e-Choupal agricultural marketing ITC-trained local farmer is called

(A) Sanchalak

(B) Agricultural Technology Management Agencies

(C) Samyojak

(D) Macro Management of Agriculture

(24) Which of the following agency is established by Government to save Tribals from exploitation by private traders

(A) TRIFED 

(B) E-Choupal

(C) NAFED

(D) MMA

(25) The National Bank for Agriculture and Rural Development (NABARD) was established in the year _______ and is located in _______?

(A) 1970, Lucknow

(B) 1980, New Delhi

(C) 1975, Hyderabad

(D) 1982, Mumbai

(26) According to Planning Commission, Medium Irrigation Schemes is defined as

(A) Those with cultivable command areas 

of more than 10,000 hectares

(B) Those with cultivable command areas between 2000 and 10,000 hectares

(C) Those with cultivable command area up to 2000 hectares

(D) None of the above

(27) The Accelerated Pulses Production Programme was initiated in _______

(A) 2010

(B) 2011

(C) 2012

(D) 2014

(28) The need for Second Green Revolution is due to increase in income and health awareness among the people and it includes

(A) Dry land farming technology

(B) To cover horticultural products

(C) To include animal husbandry

(D) All the above

(29) MANAGE is located in _______.

(A) Bangalore

(B) Telangana

(C) Hyderabad

(D) Amrapur 

(30) National Food Security Mission (NFSM), launched in 2007, aims at additional production of

(A) Rice, Cereals, Pulses

(B) Rice, Wheat, Pulses

(C) Wheat, Cereals, Pulses

(D) Rice, Cereals, Wheat

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