F.Y B.COM
SEMESTER - 2
MID SEMESTER EXAMINATION
INDIAN ECONOMIC POLICY & PLANNING
(IEPP)
MCQS - 2018
(1) The Multidimensional Poverty Index is a measure of poverty developed by the _______
(A) UNCTAD
(B) Work Bank
(C) Oxford Poverty and Human Development Initiative [OPHI] and the UNDP
(D) IMF
(2) Which one of the following is NOT an outcome of the Green Revolution?
(A) It increases agricultural production
(B) It reduces the gap between rich & poor farmers
(C) It leads to increase in income & employment
(D) It is confined to a few states only
(3) The value of new HDI is based on:
(A) Geometric value of only two indices
(B) Average mean of four indicators
(C) Average mean of three indices
(D) Geometric value of three indices
(4) Who was the chief architect of Green Revolulion that significantly improved the agricultural yield in the country?
(A) V.Kurien
(B) M.S. Swaminathan
(C) Jawaharlal Nehru
(D) Morarji desai
(5) In case of _______ there is shift from agriculture to industrial sector.
(A) Economic Development
(B) Economic Growth
(C) Green Revolution
(D) None of the above
(6) Crop rotation, multiple cropping, short duration crops are components of _______.
(A) Digital india
(B) Greater Intensity of cropping
(C) GDP
(D) None of the above
(7) FCI was established in the year _______.
(A) 1965
(B) 1970
(C) 1963
(D) 1960
(8) In financial planning the allocation of resources and measurement of resources is made in terms of:
(A) Machinery
(B) Building
(C) Saving
(D) Money
(9) Which of the following is NOT an objective of planning in India?
(A) Economic Growth
(B) Poverty Alleviation
(C) Employment Generation
(D) Heavy taxation
(10) The elimination of poverty as an objective of economic planning was mentioned in the _______ five year plan.
(A) Third
(B) Fifth
(C) Sixth
(D) Fourth
(11) Which crop had 10 million tons additional production target under National Food Security Mission?
(A) Jowar
(B) Rice
(C) Pulses
(D) Wheat
(12) The need for Second Green Revolution due to increase in income and health awareness among the people & it includes:
(A) To include animal husbandary
(B) Dry land farm technology
(C) To cover horticultural products
(D) all the above
(13) Which definilion of economic planning addresses the Central Economic Problems?
(A) Planning Commission of India
(B) Dr. Dalton
(C) HD. Dickinson
(D) None of the above
(14) The Green Revolution in India has contributed to:
(A) Intes- regional inequalily
(B) Inter crop inequality
(C) Inter-personal inequality
(D) All the above
(15) Mixed economy means an economy where _______
(A) Government makes all of the economic decisions
(B) There is co - existence of public sector along with private sector
(C) Co - existence of the rich and poor
(D) Both agriculture and Industry are equally prohibited by government
(16) Which crops require less water?
(A) Wheat
(B) Rice
(C) Pulses
(D) Cotton
(17) Harmful consequences of Green Revolution has been that it promoted
____.
(A) Labour inequalities
(B) Capital inequalities
(C) Technical inequalities
(D) Regional inequalities
(18) Economic growth is a _____________ process.
(A) Multidimensional
(B) Unidimensional
(C) Quasi-dimensional
(D) Two dimensional
(19) Farmers, NGOs & Stakeholders are active participants of which agency?
(A) Kisan Credit Card
(B) ATM
(C) ATMA
(D) AIR
(20) Which one of the following is the fifth goal of the 17 Sustainable Development Goals?
(A) Gender Equality
(B) Zero Hunger
(C) Quality Education
(D) Clean Water & Sanitation
(21) HDI was created by Mahbul-ul-Haq & __________.
(A) J. M. Kyenes
(B) Kaushik Basu
(C) Amartya Sen
(D) Adam Smith
(22) Economic Survey is published by ____________.
(A) Reserve Bank of India
(B) Planning Commission of India
(C) Ministry of Finance, Governement of India
D) Ministry of Industries, Government of India
(23) In the new HDI, the minimum life expectancy is reduced to:
(A) 20 years
(B) 40 years
(C) 25 years
(D) None
(24) _____ to provide agricultural information to the farming community
through toll free telephone lines.
(A) Kisan credit centre
(B) Kisan call centre
(C) Krishi call centre
(D) Farmer Media Support
(25) As per old HDI, there were two indices in Total Education Index. Which
of the following is /are correct?
I. Adult Literacy Index.
II. Gross Enrolment Index (GEI).
III. Expected Years of Schooling Index.
IV. Mean Year of Schooling Index.
(A) Both I & II
(B) Both I & IV
(C) Both II & IV
(D) Both II & III
(26) Which of the following is NOT characteristic of Green Revolution
(A) Multiple Cropping
(B) Stash and Burn
(C) Mechanized agriculture
(D) All of the Above
(27) Which type of correction between life expectancy and literacy rate shows improvement in PQLI & Economic Development.
(A) No Correlation
(B) Negative
(C) Positive
(D) Both
(28) With reference to HPI, consider the following statements:
I. It is used by the UNDP to measure Human Develppment.
II. It is a non-income measure
III. HPI-1 is related to OECD countries and HPI-2 is related to developing countries.
Which of the above given statements is / are correct?
(A) I and III only
(B) I only
(C) II and III only
(D) I and II only
(29) Which one of the following is NOT correct?
(A) Sustainable Development emphasizes on environmental protection
(B) Economic Growth is quantitative.
(C) Development means only increase in economic welfare.
(D) Both growth & development refer to changes over a period of time.
(30) The main objective of the twelfth five year plan is:
(A) Growth and poverty reduction
(B) Faster, more inclusive and sustainable growth
(C) Growth with social justice and equity
(D) Growth with stability & progressive achievement of self-reliance
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