MCQ Questions

MCQ Questions for Class 12 Economics Chapter 6 Rural Development with Answers

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Check the below NCERT MCQ Questions for Class 12 Economics Chapter 6 Rural Development with Answers Pdf free download. MCQ Questions for Class 12 Economics with Answers were prepared based on the latest exam pattern. We have provided Rural Development Class 12 Economics MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-12-economics-chapter-6-part-b/

Rural Development Class 12 MCQs Questions with Answers

I. Choose the correct alternative.

Rural Development Class 12 MCQ Chapter 6 Question 1.
Which among the following is an initiative taken for the development of rural India?
(A) Human Capital Formation
(B) Land Reforms
(C) Poverty Alleviation
(D) All of these

Answer

Answer: (D) All of these

Rural Development MCQ Chapter 6 Class 12 Question 2.
What was the growth rate of agricultural output during 2007-12?
(A) 32% per annum
(B) 6% per annum
(C) 1.5% per annum
(D) 5% per annum

Answer

Answer: (A) 32% per annum

Rural Development MCQ Class 12 Chapter 6 Question 3.
When was the National Bank for Agricultural and Rural Development set up?
(A) 1962
(B) 1972
(C) 1982
(D) 1992

Answer

Answer: (C) 1982

Rural Development Class 12 MCQ Questions Question 4.
Which of the following is an institutional source of rural credit?
(A) Moneylenders
(B) Regional Rural Banks
(C) Traders
(D) Landlords

Answer

Answer: (B) Regional Rural Banks

MCQ Of Rural Development Class 12 Question 5.
Which source of credit had emerged to fully integrate the formal credit system into the overall rural social and community development?
(A) Self-help Groups
(B) Regional Rural Banks
(C) Commercial Banks
(D) Land Development Banks

Answer

Answer: (A) Self-help Groups

MCQ On Rural Development Class 12 Question 6.
Which among the following is a process that involves the assembling, storage, processing, transportation, packaging, grading, and distribution of different agricultural commodities across the country?
(A) Agricultural Management
(B) Agricultural Banking
(C) Agricultural Diversification
(D) Agricultural Marketing

Answer

Answer: (D) Agricultural Marketing

Class 12 Rural Development MCQ Chapter 6 Question 7.
Which Indian state has been held as a success story in the efficient implementation of milk cooperatives?
(A) Punjab
(B) Gujarat
(C) Uttar Pradesh
(D) West Bengal

Answer

Answer: (B) Gujarat

Class 12 Economics Rural Development MCQ Question 8.
What is the name of the vegetable and fruit market in Andhra Pradesh?
(A) Apni Mandi
(B) Hadaspar Mandi
(C) Rythu Bazars
(D) Uzhavar Sandies

Answer

Answer: (C) Rythu Bazars

Rural Development MCQs Chapter 6 Question 9.
How much do the “inland sources” contribute to the total fish production in India?
(A) 64 percent
(B) 39 percent
(C) 50 percent
(D) 75 percent

Answer

Answer: (A) 64 percent

Rural Development Class 12 MCQs Chapter 6 Question 10.
Which status has been accorded to the retail chains and supermarkets for selling organic food?
(A) Eco Status
(B) Sustainable Status
(C) Nutritional Status
(D) Green Status

Answer

Answer: (D) Green Status

II. Fill in the blanks with the correct answer.

MCQ Of Chapter Rural Development Class 12 Question 1.
________ once said that the real progress of India did not mean simply the growth and expansion of industrial urban centres but mainly the development of the villages.

Answer

Answer: Mahatma Gandhi

MCQs On Rural Development Class 12 Question 2.
During 2007-12, agriculture output has grown at ________

Answer

Answer: 3.2 percent

MCQ Of Rural Development Chapter 6 Class 12 Question 3.
At the time of independence, moneylenders and traders _________ small and marginal farmers and landless labourers.

Answer

Answer: exploited

MCQ On Rural Development Chapter 6 Question 4.
The _______ was a harbinger of major changes in the credit system.

Answer

Answer: green revolution

Question 5.
By March 2003, _______ SHGs had been provided credit by the banking system.

Answer

Answer: 7 lakh

Question 6.
More than 10 percent of goods produced in farms are wasted due to lack of _______ (storage/transportation facilities)

Answer

Answer: storage

Question 7.
The alternate marketing channels in Punjab, Haryana, and Rajasthan are known as ________

Answer

Answer: Apni Mandi

Question 8.
Much of the agricultural employment activities are concentrated in the ________ season.

Answer

Answer: Kharif

Question 9.
Cattle and buffalo account for _______ of India’s total livestock in 2007.

Answer

Answer: 26 percent

Question 10.
________ relies heavily on chemical fertilizers and toxic pesticides.

Answer

Answer: Conventional farming

III. State whether the following statements are true or false.

Question 1.
Rural development mostly depends upon the development of agriculture.

Answer

Answer: True

Question 2.
Farmers borrow from various sources to meet their initial investment on seeds, fertilizers, implements, and other family expenses.

Answer

Answer: True

Question 3.
Institutional sources of credit include moneylenders, traders, employers, relatives, and friends.

Answer

Answer: False

Question 4.
The major achievement of rural banking over the years has been the effective recovery of loans.

Answer

Answer: False

Question 5.
Self-help groups have helped in the empowerment of women.

Answer

Answer: True

Question 6.
The current infrastructure facilities are sufficient to meet the growing demand in rural agricultural marketing.

Answer

Answer: False

Question 7.
At present, the livestock sector provides alternate livelihood options to over 70 million small and marginal farmers and landless labourers.

Answer

Answer: True

Question 8.
Horticulture is a branch of agriculture-related to the management and care of farm animals such as cattle, sheep, pigs, and goats.

Answer

Answer: False

Question 9.
Chemical-based fertilizers and pesticides used in agriculture are beneficial for the natural eco-systems.

Answer

Answer: False

Question 10.
The use of eco-friendly technologies such as organic farming is essential for sustainable development.

Answer

Answer: True

IV. Match the following.

Question 1.

Column-IColumn-II
1. Green revolution(A) 1982
2. NABARD(B) 1967-68
3. Land Reform(C) Conversion of scattered holdings into unified holdings
4. Consolidation of holding(D) Institutional reforms
5. Ceiling of landholding(E) Maximum holding size
Answer

Answer:

Column-IColumn-II
1. Green revolution(B) 1967-68
2. NABARD(A) 1982
3. Land Reform(D) Institutional reforms
4. Consolidation of holding(C) Conversion of scattered holdings into unified holdings
5. Ceiling of landholding(E) Maximum holding size

We hope the given NCERT MCQ Questions for Class 12 Economics Chapter 6 Rural Development with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 12 Economics Rural Development MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

MCQ Questions for Class 11 Accountancy Chapter 4 Recording of Transactions 2 with Answers

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Check the below NCERT MCQ Questions for Class 11 Accountancy Chapter 4 Recording of Transactions 2 with Answers Pdf free download. MCQ Questions for Class 11 Accountancy with Answers were prepared based on the latest exam pattern. We have provided Recording of Transactions 2 Class 11 Accountancy MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-11-accountancy-chapter-4/

Recording of Transactions 2 Class 11 MCQs Questions with Answers

MCQ Questions For Class 11 Accountancy Chapter 4 Question 1.
The first book of original entry is-
(a) Journal
(b) Ledger
(c) Trial Balance
(d)None of these.

Answer

Answer: (b) Ledger

Class 11 Accounts Chapter 4 MCQ Question 2.
‘Drawings’ falls under which account-
(a) Personal account
(b) Real account
(c) Nominal account
(d) None of these.

Answer

Answer: (a) Personal account

Chapter 4 Accounts Class 11 MCQ Question 3.
Income tax is treated as-
(a) Business Expense
(b) Direct Expense
(c) Personal Expense
(d) Indirect Expense.

Answer

Answer: (d) Indirect Expense.

Ch 4 Accounts Class 11 MCQ Question 4.
A cheque on which two parallel lines are drawn in the left top corner is called –
(a) Bearer cheque
(b) Traveller’s cheque
(c) Account payee cheque
(d) None of these.

Answer

Answer: (c) Account payee cheque

Recording Of Transactions 2 MCQ Chapter 4 Question 5.
Cash purchase of goods is recorded in-
(a) Purchase book
(b) Sales book
(c) Cash – book
(d) None of these.

Answer

Answer: (c) Cash – book

Class 11 Accountancy Chapter 4 MCQ Question 6.
Credit purchase of furniture shall be recorded in-
(a) Purchase book
(b) Journal book
(c) Cash – book
(d) None of these.

Answer

Answer: (b) Journal book

Question 7.
Who prepares a debit note-
(a) Seller
(b) Purchaser
(c) Cashier
(d) None of these.

Answer

Answer: (b) Purchaser

Question 8.
Return of goods by a customer is recorded in-
(a) Purchase book
(b) Sales book
(c) Sales return book
(d) Purchase return book.

Answer

Answer: (c) Sales return book

Fill in the blanks:

1. The amount which cannot be recovered from debtors is called ……………..

Answer

Answer: Bad debts

2. The account in which amount can be deposited or withdrawn daily and which allows no interest on deposit is called ……………..

Answer

Answer: Current account

3. The discount allowed on cash transactions is called ……………..

Answer

Answer: Cash discount

4. Sales account always shows …………….. balance.

Answer

Answer: Credit

5. The purchase of packing material along with goods purchased is recorded in ……………

Answer

Answer: Purchase book

6. Such transactions for which no separate subsidiary books are maintained are recorded in ……………..

Answer

Answer: Journal book

7. Sub – division of Journal is called …………….

Answer

Answer: Subsidiary book

8. Credit note is sent to …………….

Answer

Answer: Purchaser

State True or False:

1. Weekly information is sought from the subsidiary books.

Answer

Answer: False

2. Drawings account is a personal account.

Answer

Answer: True

3. Purchase account is always debited.

Answer

Answer: False

4. Order for sending goods is not a business transaction.

Answer

Answer: True

5. Cash A/c is a real A/c.

Answer

Answer: True

6. Purchase book is a principle book.

Answer

Answer: False

7. Preparation of sales account is not essential when sales book is maintained.

Answer

Answer: False

8. Goods received on consignment is recorded in purchase book.

Answer

Answer: False

9. Cash sale of asset is recorded in main journal book.

Answer

Answer: False

Match the following:

1.

Column AColumn B
1. Asset(a) Bank
2. Personal account(b) Furniture
3. income tax(c) Real account
4. Asset installation expense(d) Personal account.
Answer

Answer:

Column AColumn B
1. Asset(b) Furniture
2. Personal account(a) Bank
3. income tax(d) Personal account.
4. Asset installation expense(c) Real account

2.

Column AColumn B
1. Debit note(a) Purchase book
2. Credit note(b) Principle book/journal book
3. Credit sale of asset(c) Purchaser
4. Cash purchase of asset(d) Seller
5. Credit purchase of goods(e) Cash-book.
Answer

Answer:

Column AColumn B
1. Debit note(c) Purchaser
2. Credit note(d) Seller
3. Credit sale of asset(b) Principle book/journal book
4. Cash purchase of asset(e) Cash-book.
5. Credit purchase of goods(a) Purchase book

Answer in one word/sentence:

1. Under how many heads, the accounts have been categorised for the purpose of recording transactions in Journal?

Answer

Answer: Three

2. When a single journal entry is passed for two transactions of same nature on same date, such an entry is called?

Answer

Answer: Compound entry

3. Give an example of intangible asset?

Answer

Answer: Goodwill

4. The discount which is offered to increase sale and attract customers is called?

Answer

Answer: Trade discount

5. Mention the transaction which is not recorded in purchase book?

Answer

Answer: Cash transaction

6. Credit sale of goods is recorded in which book?

Answer

Answer: Sales book

7. Interest on capital is recorded in which subsidiary book?

Answer

Answer: Journal book

8. Which discount is recorded in purchase and sales book?

Answer

Answer: Trade discount

We hope the given NCERT MCQ Questions for Class 11 Accountancy Chapter 4 Recording of Transactions 2 with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Accountancy Recording of Transactions 2 MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

MCQ Questions for Class 12 Economics Chapter 5 Human Capital Formation in India with Answers

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Check the below NCERT MCQ Questions for Class 12 Economics Chapter 5 Human Capital Formation in India with Answers Pdf free download. MCQ Questions for Class 12 Economics with Answers were prepared based on the latest exam pattern. We have provided Human Capital Formation in India Class 12 Economics MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-12-economics-chapter-5-part-b/

Human Capital Formation in India Class 12 MCQs Questions with Answers

I. Choose the correct alternative.

Human Capital Formation Class 12 MCQ Question 1.
Which of the following is not a merit of human capital formation?
(A) Improves technical knowledge
(B) Enlarges the size of business
(C) Increases cost of production
(D) Changes social outlooks

Answer

Answer: (C) Increases cost of production

MCQ Of Human Capital Formation Class 12 Question 2.
Match and choose the correct combination.

(i) Preventive medicine(A) medical intervention during illness
(ii) Curative medicine(B) vaccination
(iii) Social medicine(C) the spread of health literacy

(A) (i) – (B); (ii) – (A); (iii) – (C)
(B) (i) – (A); (ii) – (B); (iii) – (C)
(C) (i) – (C); (ii) – (B); (iii) – (A)
(D) (i) – (B); (ii) – (C); (iii) – (A)

Answer

Answer: (A) (i) – (B); (ii) – (A); (iii) – (C)

Human Capital Formation MCQ Chapter 5 Question 3.
Which of the following is not an indicator of education level?
(A) Years of schooling
(B) Life expectancy
(C) Teacher-pupil ratio
(D) Enrollment rate

Answer

Answer: (B) Life expectancy

Human Capital Formation MCQ Class 12 Question 4.
Which of the following institutes comes under the health sector?
(A) NCERT
(B) UGC
(C) AICTE
(D) ICMR

Answer

Answer: (D) ICMR

Class 12 Human Capital Formation MCQ Chapter 5 Question 5.
Which level of education takes a major share of total education expenditure in India?
(A) Elementary
(B) Secondary
(C) Higher
(D) Tertiary

Answer

Answer: (A) Elementary

Human Capital Formation In India Class 12 MCQ Question 6.
What was the share of education in total government expenditure in 2014?
(A) 7.92 percent
(B) 15.7 percent
(C) 0.64 percent
(D) 3.31 percent

Answer

Answer: (B) 15.7 percent

Human Capital Formation Class 12 MCQs Question 7.
What percent of GDP was invested in education in the year 1952?
(A) 7.92 percent
(B) 11.7 percent
(C) 0.64 percent
(D) 3.31 percent

Answer

Answer: (C) 0.64 percent

Human Capital Formation In India MCQ Class 12 Question 8.
When was Right to Education Act enacted?
(A) 2008
(B) 2009
(C) 2010
(D) 2012

Answer

Answer: (B) 2009

Human Capital Formation Class 12 MCQ Questions Question 9.
What was the average youth literacy rate in 2015?
(A) 89.5 percent
(B) 74 percent
(C) 88 percent
(D) 95.5 percent

Answer

Answer: (A) 89.5 percent

MCQ On Human Capital Formation Chapter 5 Class 12 Question 10.
Which of the following is not the role of on-the-job training?
(A) Eradicates inequality
(B) Encourages innovation
(C) Promotes modern methods
(D) Enhances productivity

Answer

Answer: (D) Enhances productivity

II. Fill in the blanks with the correct answer.

MCQs Of Human Capital Formation Class 12 Question 1.
Human capital formation is a _______ process.

Answer

Answer: social

Human Capital Formation MCQs Chapter 5 Question 2.
Individuals invest in education with the objective of increasing their future ________

Answer

Answer: income

MCQ On Human Capital Formation In India Class 12 Question 3.
_______ is the reason for the rural-urban migration in India.

Answer

Answer: Unemployment

Class 12 Economics Human Capital Formation MCQ Question 4.
________ capital is completely mobile between countries.

Answer

Answer: Physical

MCQ Of Human Capital Formation Chapter 5 Question 5.
Economic growth means the ________ in real national income of a country

Answer

Answer: increase

MCQ Of Chapter Human Capital Formation Class 12 Question 6.
Human capital considers education and health as a means to increase _________

Answer

Answer: productivity

Human Capital MCQ Class 12 Economics Chapter 5 Question 7.
Higher-income causes building of high level of ________ capital.

Answer

Answer: human

Question 8.
India has the potential to become a leading _______ economy.

Answer

Answer: knowledge-based

Question 9.
_______ is the prime funding authority for university education.

Answer

Answer: UGC

Question 10.
Expenditure per student in _______ education is higher than that of elementary.

Answer

Answer: tertiary

III. State whether the following statements are true or false.

Question 1.
Education and health are the two major sources of human capital in a country.

Answer

Answer: True

Question 2.
Preventive medicine includes medical practices which are designed to avoid or avert diseases.

Answer

Answer: True

Question 3.
Physical capital is inseparable from its owner.

Answer

Answer: False

Question 4.
Human capital treats humans as ends in themselves.

Answer

Answer: False

Question 5.
Higher-income leads to the development of the high level of human capital and vice-versa.

Answer

Answer: True

Question 6.
Indian Council for Medical Research is responsible for the promotion of health and family welfare programmes.

Answer

Answer: False

Question 7.
Improper planning for human capital formation has resulted in a shortage of manpower in the health and education sectors.

Answer

Answer: True

Question 8.
Elementary education takes a major share of total education expenditure in India.

Answer

Answer: True

Question 9.
The level of unemployment among educated youth is the highest.

Answer

Answer: True

Question 10.
The differences in literacy rates between males and females are widening.

Answer

Answer: False

IV. Match the following.

Question 1.

Column-IColumn-II
1. Human capital(A) Movement of individuals from one place to another
2. Sources of human capital(B) Humans are ends in themselves
3. Migration(C) An economic and technical process
4. Human development(D) Education, health, and training
5. Physical capital(E) Stock of knowledge and skills
6. NCERT(F) 1949
7. ICMR(G) 1961
8. Preventive medicine(H) Medical intervention during illness
9. Curative medicine(I) Vaccination
10. Social medicine(J) The spread of health literacy
Answer

Answer:

Column-IColumn-II
1. Human capital(E) Stock of knowledge and skills
2. Sources of human capital(D) Education, health, and training
3. Migration(A) Movement of individuals from one place to another
4. Human development(B) Humans are ends in themselves
5. Physical capital(C) An economic and technical process
6. NCERT(G) 1961
7. ICMR(F) 1949
8. Preventive medicine(I) Vaccination
9. Curative medicine(H) Medical intervention during illness
10. Social medicine(J) The spread of health literacy

We hope the given NCERT MCQ Questions for Class 12 Economics Chapter 5 Human Capital Formation in India with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 12 Economics Human Capital Formation in India MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

MCQ Questions for Class 12 Economics Chapter 4 Poverty with Answers

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Check the below NCERT MCQ Questions for Class 12 Economics Chapter 4 Poverty with Answers Pdf free download. MCQ Questions for Class 12 Economics with Answers were prepared based on the latest exam pattern. We have provided Poverty Class 12 Economics MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-12-economics-chapter-4-part-b/

Poverty Class 12 MCQs Questions with Answers

I. Choose the correct alternative.

Poverty MCQ Class 12 Economics Chapter 4 Question 1.
More than _______ of the world’s poor live in India.
(A) half
(B) one-third
(C) one-fourth
(D) one-fifth

Answer

Answer: (D) one-fifth

Poverty Class 12 MCQ Economics Chapter 4 Question 2.
What was the percentage of the population below the poverty line in India in 2011-12?
(A) 26.1%
(B) 19.3%
(C) 22%
(D) 32%

Answer

Answer: (C) 22%

MCQ Of Poverty Class 12 Chapter 4 Question 3.
Which of the following is the poverty determination measure?
(A) Head Count Ratio
(B) Sen Index
(C) Poverty Gap Index
(D) All of these

Answer

Answer: (D) All of these

Poverty MCQ Economics Chapter 4 Class 12 Question 4.
When was the Task Force on Projections of Minimum Needs and Effective Consumption Demand was formed?
(A) 1969
(B) 1979
(C) 1989
(D) 1999

Answer

Answer: (B) 1979

MCQ On Poverty Class 12 Economics Chapter 4 Question 5.
Those who regularly move in and out of poverty are called
(A) Chronically poor
(B) Churning poor
(C) Occasionally poor
(D) Transient poor

Answer

Answer: (B) Churning poor

Class 12 Poverty MCQ Chapter 4 Question 6.
In 2011-12, poverty line was defined worth ________ as consumption per person a month for rural areas and _______ for urban areas.
(A) ₹816 and ₹1,000
(B) ₹1,012 and ₹1,210
(C) ₹550 and ₹860
(D) ₹860 and ₹673

Answer

Answer: (A) ₹816 and ₹1,000

Class 12 Economics Poverty MCQ Question 7.
Which of the following is an action adopted under the provision of minimum basic amenities to the people?
(A) Prime Minister’s RozgarYojna
(B) Swarna Jayanti Shahari RozgarYojna
(C) Pradhan Mantri Gramodaya Yojna
(D) National Rural Livelihood Mission

Answer

Answer: (C) Pradhan Mantri Gramodaya Yojna

Poverty MCQs Chapter 4 Class 12 Question 8.
In 2011-12, which state had the highest poverty rate in India?
(A) Odisha
(B) Bihar
(C) Madhya Pradesh
(D) West Bengal

Answer

Answer: (A) Odisha

MCQ On Poverty Chapter 4 Class 12 Question 9.
NFWP was launched in:
(A) November 2004
(B) December 2003
(C) November 2002
(D) December 2005

Answer

Answer: (A) November 2004

MCQs Of Poverty Class 12 Chapter 4 Question 10.
Which of the following programmes provide assistance to elderly people are given under?
(A) VAMBAY
(B) NSAP
(C) PMGY
(D) PMRY

Answer

Answer: (B) NSAP

II. Fill in the blanks with the correct answer.

Poverty Class 12 MCQ Questions Chapter 4 Question 1.
Poverty is the inability to secure the ________ consumption requirements for life, health, and efficiency.

Answer

Answer: minimum

MCQ Poverty Class 12 Chapter 4 Question 2.
Absolute poverty determines the minimum physical quantities of the requirement for a subsistence level, with the help of ______

Answer

Answer: poverty line

MCQ Of Poverty Chapter 4 Class 12 Question 3.
______ and hunger are the key features of the poorest households.

Answer

Answer: Starvation

MCQs On Poverty Chapter 4 Class 12 Question 4.
Task Force on Projections of Minimum Needs and Effective Consumption Demand’ was formed in _________

Answer

Answer: 1979

Poverty Multiple Choice Questions And Answers Chapter 4 Question 5.
______ includes those who are usually poor but who may sometimes have relatively more money.

Answer

Answer: Chronic poor

Question 6.
_________ is the proportion of persons living below the poverty line.

Answer

Answer: HeadCount Ratio

Question 7.
Amartya Sen, noted Nobel Laureate, has developed an index known as _________

Answer

Answer: Sen Index

Question 8.
The proportion of poor to the population in India was ______ percent in 2011-12.

Answer

Answer: 22

Question 9.
Under the British, India began to export food grains and, as a result, as many as ________ people died in famines between 1875 and 1900.

Answer

Answer: 26 million

Question 10.
There exists a direct relationship between _________ and poverty.

Answer

Answer: Unemployment

III. State whether the following statements are true or false.

Question 1.
More than one-fifth of the worlds poor live in India.

Answer

Answer: True

Question 2.
Absolute poverty refers to a lack of resources in relation to different classes, regions, and countries.

Answer

Answer: False

Question 3.
Transient poor covers those people who are rich most of the time but may sometimes suffer bad luck are said to be occasionally poor.

Answer

Answer: False

Question 4.
The minimum calorie intake was estimated at 2,400 calories for a rural person and 2,100 for a person in the urban area.

Answer

Answer: True

Question 5.
Uttar Pradesh, Bihar, Madhya Pradesh, West Bengal, and Orissa account for about 70 percent of India’s poor.

Answer

Answer: True

Question 6.
Britain’s main goals from the Raj were to provide a market for British exports.

Answer

Answer: True

Question 7.
The poverty ratio estimates the minimum level of income that is considered appropriate to secure basic necessities of life.

Answer

Answer: False

Question 8.
The government of India adopted a five-dimensional approach as an attempt to reduce poverty.

Answer

Answer: True

Question 9.
National Food for Work Programme aims at improving the food and nutritional status of the poor.

Answer

Answer: False

Question 10.
Due to unequal distribution of land and other assets, mostly non-poor appropriate the benefits from direct poverty alleviation programmes.

Answer

Answer: True

IV. Match the following.

Question 1.

Column-IColumn-II
1. Poverty(A) Proportion of persons living below the poverty line
2. Poverty line(B) Poverty is measured in monetary terms
3. Absolute poverty(C) Poverty is measured with respect to various classes
4. Relative poverty(D) Inability to secure the basic needs
5. Headcount ratio(E) 1999
6. Food for Work Programme(F) Divides people into poor and non-poor
7. Swaran Jayanti Gram Swarozgar Yojana(G) 1970
8. Sampoorna Grameen Rozgar Yojana(H) 2001
9. NFW programme(I) Never poor
10. Non-poor(J) 2004
Answer

Answer:

Column-IColumn-II
1. Poverty(D) Inability to secure the basic needs
2. Poverty line(F) Divides people into poor and non-poor
3. Absolute poverty(B) Poverty is measured in monetary terms
4. Relative poverty(C) Poverty is measured with respect to various classes
5. Headcount ratio(A) Proportion of persons living below the poverty line
6. Food for Work Programme(G) 1970
7. Swaran Jayanti Gram Swarozgar Yojana(E) 1999
8. Sampoorna Grameen Rozgar Yojana(H) 2001
9. NFW programme(J) 2004
10. Non-poor(I) Never poor

We hope the given NCERT MCQ Questions for Class 12 Economics Chapter 4 Poverty with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 12 Economics Poverty MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

MCQ Questions for Class 12 Economics Chapter 3 Liberalisation, Privatisation and Globalisation: An Appraisal with Answers

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Check the below NCERT MCQ Questions for Class 12 Economics Chapter 3 Liberalisation, Privatisation and Globalisation: An Appraisal with Answers Pdf free download. MCQ Questions for Class 12 Economics with Answers were prepared based on the latest exam pattern. We have provided Liberalisation, Privatisation and Globalisation: An Appraisal Class 12 Economics MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-12-economics-chapter-3-part-b/

Liberalisation, Privatisation and Globalisation: An Appraisal Class 12 MCQs Questions with Answers

I. Choose the correct alternative.

Liberalisation Privatisation And Globalisation Class 12 MCQ Question 1.
In which year did India adopt the economic reforms?
(A) 1991
(B) 1993
(C) 1998
(D) 2001

Answer

Answer: (A) 1991

LPG MCQ Class 12 Economics Chapter 3 Question 2.
Why there was a need for economic reforms in India?
(A) Due to fiscal deficit
(B) Due to adverse BOP
(C) Rise in prices
(D) All of the above

Answer

Answer: (D) All of the above

Liberalisation Privatisation Globalisation Class 12 MCQ Question 3.
When did the Gulf Crisis take place?
(A) 1985
(B) 1990-91
(C) 1995
(D) 1975

Answer

Answer: (B) 1990-91

LPG Class 12 MCQ Chapter 3 Question 4.
How much loan was provided by World Bank and IMF during the nineties to bail India out of the crisis?
(A) $10 million
(B) $10 billion
(C) $7 billion
(D) $20 billion

Answer

Answer: (C) $7 billion

Liberalisation Privatisation And Globalisation MCQ Question 5.
What is the main feature of New Economic Policy?
(A) Liberalisation
(B) Privatisation
(C) Globalisation
(D) All of the above

Answer

Answer: (D) All of the above

Chapter 3 Indian Economy Class 12 MCQ Question 6.
For how many industries, licensing is still necessary?
(A) 7
(B) 6
(C) 9
(D) 10

Answer

Answer: (B) 6

MCQ On Liberalization, Privatization And Globalization Pdf Class 12 Question 7.
How many industries are entirely reserved for the public sector?
(A) 6
(B) 10
(C) 2
(D) 4

Answer

Answer: (C) 2

MCQ Of Liberalisation Privatisation And Globalisation Chapter 3 Question 8.
What is the investment limit in small scale industries?
(A) 50 lakh
(B) 1 crore
(C) 25 lakh
(D) 75 crore

Answer

Answer: (B) 1 crore

MCQ On Liberalization, Privatization And Globalization Class 12 Question 9.
When was VAT introduced in most of the States of India?
(A) 1995
(B) 2001
(C) 2005
(D) 2006

Answer

Answer: (C) 2005

Liberalisation, Privatisation And Globalisation MCQ Chapter 3 Question 10.
How many countries are the members of WTO?
(A) 164
(B) 120
(C) 96
(D) 48

Answer

Answer: (A) 164

Ch 3 Indian Economy Class 12 MCQ Question 11.
When was WTO established?
(A) 1996
(B) 1998
(C) 2000
(D) 1995

Answer

Answer: (D) 1995

MCQ On Liberalization Privatization And Globalization Class 12 Question 12.
Where is the headquarters of WTO located?
(A) Italy
(B) Geneva
(C) New York
(D) Washington

Answer

Answer: (B) Geneva

II. Fill in the blanks with the correct answer.

MCQ Of LPG Class 12 Chapter 3 Question 1.
India met with an economic crisis in 1991 as it failed to repay its _______ from abroad.

Answer

Answer: borrowings

Liberalization Privatization And Globalization MCQ Chapter 3 Question 2.
_______ is the excess of expenditure (borrowings) over income.

Answer

Answer: Deficit

Liberalisation Privatisation Globalisation MCQ Chapter 3 Question 3.
To overcome the crisis, India approached IMF and World Bank for _________

Answer

Answer: loan

Liberalisation, Privatisation And Globalisation Class 12 MCQ Question 4.
Economic reforms refer to all those measures that aim at rendering the economy more efficient, competitive and _________

Answer

Answer: developed

MCQs On Liberalisation Privatisation And Globalisation Class 12 Question 5.
Fiscal policy refers to the revenue and expenditure policy of the government to achieve _______ development in the economy.

Answer

Answer: balanced

Class 12 Liberalisation Privatisation And Globalisation MCQ Question 6.
Financial sectors were allowed to take decisions on various matters, without consulting ________

Answer

Answer: RBI

Class 12 Economics Liberalisation Privatisation And Globalisation MCQ Question 7.
Trade policy reforms led to the removal of export duties to ________ India’s competitive position.

Answer

Answer: increase

Question 8.
India has become an important destination for global ______ since the reforms.

Answer

Answer: outsourcing

Question 9.
Trade between two countries is called ________ trade.

Answer

Answer: bilateral

Question 10.
The industrial sector has experienced _______ in growth pattern.

Answer

Answer: fluctuations

III. State whether the following statements are true or false.

Question 1.
Despite efficient management of the Indian economy, India faced an economic crisis in 1991.

Answer

Answer: False

Question 2.
The crisis led to a rise in the prices of essential goods.

Answer

Answer: True

Question 3.
Reserve Bank of India announced New Economic Policy as a condition to support the Indian economy.

Answer

Answer: False

Question 4.
Opening up the economy by removing restrictions on the private sector is called globalisation.

Answer

Answer: False

Question 5.
Industrial licensing was abolished on all products except on those which were important from a profit point of view.

Answer

Answer: False

Question 6.
The rupee was devalued to resolve the balance of payments crisis.

Answer

Answer: True

Question 7.
A fixed exchange rate system was adopted to avoid rigidity in the foreign exchange market.

Answer

Answer: False

Question 8.
Private ownership is capable of utilising capital and other resources more efficiently.

Answer

Answer: True

Question 9.
GATT is the successor to the WTO.

Answer

Answer: False

Question 10.
Opening up the economy resulted in a rapid increase in FDI and foreign exchange reserves.

Answer

Answer: True

IV. Match the following.

Question 1.

Column-IColumn-II
1. Economic Reforms(A) 1995
2. Gulf Crisis(B) 2005
3. WTO(C) 1990-91
4. VAT(D) 1991
5. GATT(E) 1948
6. Liberalisation(F) Sale of public sector shares
7. Privatisation(G) Abolition of licensing
8. Globalisation(H) Integration of domestic economy with rest of the world
9. GST(I) Stripping a currency unit
10. Demonetization(J) An indirect tax
Answer

Answer:

Column-IColumn-II
1. Economic Reforms(D) 1991
2. Gulf Crisis(C) 1990-91
3. WTO(A) 1995
4. VAT(B) 2005
5. GATT(E) 1948
6. Liberalisation(G) Abolition of licensing
7. Privatisation(F) Sale of public sector shares
8. Globalisation(H) Integration of domestic economy with rest of the world
9. GST(J) An indirect tax
10. Demonetization(I) Stripping a currency unit

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