ECONOMY MCQs

1. Which of the following are the measures of Integrated Slum Development Programme adopted in India in the 11 Five Year Plan?

1. Creating and updating database on slums.

2. Using land as a resources for housing and shelter development for slum dwellers.

3. Asking slum dwellers to apply for house loan from government.

4. Granting tenure security to slum dwellers.

Select the correct answer using the code given below

(a)1,2 and 3
(b)1 and 2
(c)2 and 4
(d)1,2 and 4

Ans. (d)

2. Demographic divide refers to a rise in population
(a) between the age group of I to 14 years
(b) between the age group of 15 to 64 years
(c) between the age group of 65 to 74 years
(d) above 74 years

Ans. (b)

3. The total public sector outlay in the Eleventh Five Year Plan (Central, State and Union Territories) is estimated at about:
(a)Rs. 30 lakh crore
(b) Rs. 36 lakh crore
(c)Rs. 40 lakh crore
(d) Rs. 46 lakh crore

Ans. (b)

4. Which one of the following is the prescribed investment limit for medium enterprises in the manufacturing sector as per the Micro,Small and Medium Enterprises Development Act, 2006?
(a) More than Rs. 10 lakh and less than Rs. 2 crore
(b) More than Rs. 2 crore and less than Rs. 5 crore
(c) More than Rs. 5 crore and less than Rs. 10 crore
(d) More than Rs. 10 crore

Ans. (d)

5. Which one of the following statements regarding Aam Admi Bima Yojana (AABY) is not correct?
(a) It was launched in the year 2007
(b) The contribution of the Central Government and State Governments in the premium is in the ratio of 75 : 25
(c) The scheme is applicable to rural landless households
(d) It provides insurance against natural death as well as accidental death

Ans. (b)