Tag: economics

Questions Related to economics

Fill in the blanks from the alternatives given.
__________ poverty refers to the absence of minimum subsistence.

  1. Absolute

  2. Relative

  3. Mass

  4. None of these


Correct Option: A

Fill in the blanks from the alternatives given.
According to the tenth plan, the population below poverty line in 1999 - 2000 was ________.

  1. 20%

  2. 26%

  3. 30%

  4. 36%


Correct Option: B

Life expectancy at birth according to 2011 census is ________.

  1. 66.8 years

  2. 60 years

  3. 90 years

  4. none of these


Correct Option: A

As per the newspaper reports, Standard & Poor's (S&P) has changed India's sovereign rating from 'Negative' to 'Stable'. This means
A. India's economic condition has improved a lot.
B. There is no pressure of inflation on the economy as it is well under control.
C. India's economic condition has further gone down as it has failed to control the fiscal deficit.

  1. Only (A)

  2. Only (B)

  3. Only (C)

  4. Only (A) and (B)


Correct Option: D

Fill in the blanks from the alternatives given.
___________ poverty is found even in the rich countries.

  1. Absolute

  2. Relative

  3. Mass

  4. None of these


Correct Option: B

Fill in the blanks from the alternatives given.
According to the World Bank Report _________% of India live below poverty line.

  1. 40

  2. 50

  3. 30

  4. none of these


Correct Option: A

Fill in the blanks from the alternatives given.
According to 1999 - 2000 prices, ________ % of India's population lived below poverty line.

  1. 26.1

  2. 38.4

  3. 68.4

  4. none of these


Correct Option: A

Fill in the blanks from the alternatives given.
Relative poverty reveals the _________ of income.

  1. Inequalities

  2. Equalities

  3. Increases

  4. None of these


Correct Option: A

 "A circular constellation of forces tending to act and react upon one another in such a way to keep a poor country in a state of poverty" is a description of ________________.

  1. Under-development

  2. Deep-rooted poverty

  3. Stagnation

  4. Vicious circle of poverty


Correct Option: D

_______ is the mean distance below the poverty line expressed as a proportion of poverty line.

  1. Poverty Gap Index (PGI)

  2. HDI

  3. HDI-1

  4. GDI


Correct Option: A