Poverty, inequality and unemployment. - One Line Questions
1.
The World Bank's poverty line is currently set at approximately what amount per day in 2011 PPP dollars? —
$1.90
2.
Which of the following is an example of cyclical unemployment? —
A construction worker losing his job during an economic recession
3.
Which of the following is a primary cause of structural unemployment? —
A mismatch between the skills of workers and the skills demanded by employers
4.
The Rangarajan Committee (2014) suggested a poverty line based on: —
A minimum consumption basket of food and non-food items
5.
The Gini coefficient is a measure of statistical dispersion intended to represent the income or wealth distribution of a nation's residents, and is named after: —
Corrado Gini
6.
The 'working poor' are individuals who: —
Are employed but earn wages insufficient to lift them out of poverty
7.
The term 'underemployment' refers to: —
Working in a job for which one is overqualified or working fewer hours than desired
8.
The Tendulkar Committee (2009) proposed a new methodology for poverty estimation based on: —
Calorie norms and the MRP method
9.
The 'Kuznets Curve' hypothesis suggests that as an economy develops, inequality: —
Initially increases and then decreases
10.
The term 'hidden unemployment' is often used interchangeably with: —
Disguised unemployment
11.
Which of the following is a multidimensional measure of poverty developed by the Oxford Poverty and Human Development Initiative (OPHI)? —
Multidimensional Poverty Index (MPI)
12.
Which indicator measures the extent to which people fall below the poverty line? —
Poverty Gap Index
13.
Which of the following is NOT a dimension considered in the Multidimensional Poverty Index (MPI)? —
Income
14.
Which of the following is a major cause of poverty in rural India? —
Over-reliance on agriculture with low productivity and landlessness
15.
Which of the following is a social consequence of poverty? —
Higher crime rates and social instability
16.
The 'Capability Approach' to poverty, advocated by Amartya Sen, focuses on: —
The freedom and opportunities individuals have to achieve well-being
17.
The 'Poverty Elimination Programme' launched by the Indian government aims to: —
Reduce the number of people living below the poverty line
18.
Which of the following is a consequence of high unemployment? —
Social unrest and increased poverty
19.
Which of the following is a policy measure to reduce poverty? —
Implementing Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)
20.
Which of the following is a government initiative to promote financial inclusion and reduce poverty? —
Pradhan Mantri Jan Dhan Yojana
21.
The 'poverty trap' is a situation where: —
Individuals are unable to escape poverty due to a lack of resources and opportunities
22.
Which of the following is a characteristic of the informal sector employment in India? —
Low wages, poor working conditions, and lack of job security
23.
The 'Social Exclusion' approach to poverty emphasizes: —
Lack of access to opportunities and participation in society
24.
The concept of 'relative poverty' refers to: —
Having an income significantly lower than the median income in a society
25.
The 'urban poverty' in India is often associated with: —
Lack of access to basic services and informal employment
26.
The concept of 'human capital' is crucial in understanding unemployment because: —
Low human capital can lead to lower employability
27.
Disguised unemployment is most prevalent in which sector of the Indian economy? —
Agriculture Sector
28.
The National Sample Survey Office (NSSO) is responsible for collecting data on: —
Consumer Expenditure and Employment-Unemployment
29.
The Rangarajan Committee's poverty line was higher than the Tendulkar Committee's because it included: —
A broader basket of food and non-food items
30.
The 'Multidimensional Poverty Index' (MPI) provides a more comprehensive picture of poverty than the income-based poverty line because it considers: —
Deprivations across multiple dimensions like health, education, and living standards
31.
The 'Poverty Line' in India is generally defined based on: —
Per capita consumption expenditure
32.
The Gini coefficient ranges from 0 to 1. A value of 0 represents: —
Perfect equality
33.
The 'double burden of poverty' refers to: —
Poverty and inequality simultaneously
34.
The concept of 'inter-generational poverty' refers to: —
Poverty that persists across generations within a family
35.
Which of the following schemes aims to provide guaranteed wage employment to rural households? —
Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)
36.
Which of the following is a measure to address inequality in education? —
Implementing reservation policies
37.
Which of the following is a measure to combat unemployment? —
Promoting skill development programs
38.
Which of the following is a policy instrument to reduce income inequality? —
Progressive taxation and wealth redistribution
39.
The National Commission for Enterprises in the Unorganised Sector (NCEUS) was established to: —
Address the challenges faced by the informal sector
40.
The concept of 'absolute poverty' is best described as: —
Inability to meet basic survival needs
41.
The problem of unemployment in India is largely characterized by: —
High levels of disguised and underemployment
42.
Which type of unemployment occurs when workers are between jobs or are searching for new employment opportunities? —
Frictional Unemployment
43.
Which type of unemployment is characterized by a temporary fall in demand for labor during certain periods of the year? —
Seasonal Unemployment
44.
Which committee recommended a shift from calorie-based poverty line to a minimum basic needs approach? —
Dandekar and Rath Committee
45.
Which committee in India recommended the concept of a 'poverty line' based on a minimum level of consumption? —
Alagh Committee
46.
The 'Headcount Ratio' (HCR) measures: —
The proportion of the population living below the poverty line
47.
The Lorenz curve is a graphical representation of: —
The distribution of income or wealth
48.
The 'Poverty Gap Index' (PGI) measures: —
The depth of poverty
49.
The concept of 'lump of labour' fallacy suggests that: —
There is a fixed amount of work to be done, so more automation leads to more unemployment
50.
Which factor significantly contributes to income inequality in India? —
Skill-biased technological change and unequal access to education