Poverty, Unemployment and Inclusive Growth - One Line Questions

1. The World Bank generally defines extreme poverty as living on less than how much per day (in 2011 PPP dollars)? — $1.90
2. Frictional unemployment refers to unemployment that occurs due to: — The time taken for workers to search for and find new jobs.
3. Which of the following is considered a 'disguised unemployment' scenario? — A farmer employing more family members than are needed for the farm's work.
4. The Gini Coefficient is a measure of: — Income inequality
5. Which committee in India recommended a shift from calorie-based poverty line to a more comprehensive approach considering nutritional needs and basic amenities? — Rangarajan Committee
6. The concept of 'trickle-down economics' suggests that economic benefits for the wealthy will eventually: — Trickle down to the poor.
7. The concept of 'poverty line' is often criticized for: — Not accounting for regional cost of living variations.
8. Which type of unemployment occurs when people are working in jobs that do not fully utilize their skills or education? — Underemployment
9. The Kuznets Curve hypothesis suggests that in the early stages of economic development, inequality tends to: — Increase
10. The concept of 'poverty trap' suggests that: — Poverty is self-perpetuating, making it difficult for individuals or communities to escape.
11. Inclusive growth means: — Economic growth that benefits all sections of society, especially the poor and marginalized.
12. The 'jobless growth' phenomenon refers to: — Economic growth that occurs without a corresponding increase in employment opportunities.
13. Which of the following is a cause of structural unemployment? — Technological advancements and changes in industry
14. The concept of 'equal opportunity' is fundamental to: — Inclusive growth.
15. Which of the following is a major challenge for achieving inclusive growth in the agricultural sector of India? — Small and fragmented landholdings.
16. Which of the following is a significant challenge for inclusive growth in developing economies? — High levels of income inequality and poverty.
17. The Rangarajan Committee's approach to poverty estimation in India was considered more comprehensive than previous methods because it: — Included expenditure on education and healthcare in its basket of goods and services.
18. The 'National Sample Survey Office' (NSSO) is a primary source for data on: — Poverty and unemployment in India.
19. Which of the following is a demographic factor that can influence poverty levels? — Rapid population growth.
20. The Multidimensional Poverty Index (MPI) considers deprivations in which of the following areas? — Health, education, and living standards
21. Which of the following is a measure to combat cyclical unemployment? — Implementing expansionary fiscal and monetary policies.
22. What is the main characteristic of 'open unemployment'? — Individuals are actively seeking work but cannot find any.
23. Seasonal unemployment is most prevalent in which sector of the Indian economy? — Agriculture
24. The concept of 'human capital' is crucial for inclusive growth because: — It emphasizes the development of skills and education for all individuals.
25. What does the term 'informal sector employment' typically imply? — Jobs often characterized by low wages, poor working conditions, and lack of social security.
26. The concept of 'relative poverty' refers to: — Having an income significantly lower than the average income in a society.
27. Which of the following is a non-economic dimension of poverty? — Lack of access to education and healthcare
28. Which of the following is a key indicator of the quality of employment? — Job security and benefits.
29. Which of the following is NOT a direct measure of poverty? — Gini Coefficient
30. Which government program aims to provide guaranteed wage employment in rural areas? — National Rural Employment Guarantee Act (NREGA)
31. Inclusive growth aims to reduce poverty by: — Creating more opportunities for the poor and marginalized to participate in and benefit from economic growth.
32. The 'Ayushman Bharat' scheme aims to contribute to inclusive growth by: — Improving access to quality healthcare services for all.
33. Which of the following is a commonly used method for measuring poverty in India? — Tendulkar Committee Methodology
34. Which factor is crucial for achieving sustainable inclusive growth? — Equitable distribution of resources and opportunities.
35. Which of the following is a demand-side factor contributing to unemployment? — Insufficient aggregate demand in the economy.
36. Which of the following is an example of a supply-side policy to reduce unemployment? — Investment in job training and education programs.
37. Which of the following is an example of a social safety net program? — Unemployment benefits.
38. Which of the following policies is most likely to promote inclusive growth? — Increased investment in education and healthcare for all.
39. Cyclical unemployment is primarily associated with: — Changes in the business cycle (recessions and expansions).
40. The 'Headcount Ratio' in poverty measurement represents: — The proportion of the population living below the poverty line.
41. The 'Poverty Gap Index' measures: — The depth of poverty experienced by those below the poverty line.
42. What does the term 'labor force participation rate' indicate? — The percentage of the working-age population that is either employed or actively seeking employment.
43. The 'employment elasticity' of an economy measures: — The percentage change in employment resulting from a one percent change in GDP.
44. Which of the following is a characteristic of a 'hardcore poor' population? — They face multiple, overlapping deprivations and are chronically poor.
45. What is the primary objective of 'Make in India' initiative concerning employment? — To promote manufacturing and create jobs.
46. What is the primary goal of financial inclusion? — To provide access to affordable financial services for all segments of society.
47. What is the main purpose of a 'skill development mission' in the context of employment? — To enhance the employability of individuals by equipping them with relevant skills.
48. What is the primary goal of a 'universal basic income' (UBI) policy? — To offer a regular, unconditional income to all citizens.
49. Which international organization publishes the Human Development Report, which includes measures of poverty and inequality? — United Nations Development Programme (UNDP)
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