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