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Poverty and Unemployment MCQ Question with Answer

Poverty and Unemployment MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

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Question No : 29
Consider the following statements: [IAS 2004]
1. The loans disbursed to farmers under Kisan Credit Card Scheme are covered under Rashtriya Krishi Beema Yojna of Life Insurance Corporation of India.
2. The Kisan Credit Card holders are provided personal accident insurance of Rs.50000 for accidental death and Rs. 25000 for permanent disability.
Which of the statement given above is/are correct?

1 only
2 only
Both 1 and 2
Neither 1 or 2
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Question No : 30
Consider the following statements with reference to Indira Gandhi National Old Age Pension Scheme [IGNOAPS]
1. All persons of 60 years or above belonging to the households below poverty line in rural areas are eligible.
2. The Central Assistance under this Scheme is at the rate of Rs. 300 per month per beneficiary. Under the Scheme, States have been urged to give matching amounts.
Which of the statements given above is/are correct? [IAS 2008]

1 only
2 only
Both 1 and 2
Neither 1 nor 2
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Question No : 31
Which one of the following statements is not correct? [IAS 2004]

Under the Targeted Public Distribution System, the families Below Poverty Line are provided 50 kg. of food grains per month per family at subsidised price
Under Annapurna Scheme, indigent senior citizens of 65 years of age or above eligible for National Old Age Pension but not getting pension can get 10 kg of food grains per person per month free of cost
Ministry of Social Justice and Empowerment has scheme in which indigent people living in welfare institutions like orphanges are given 15 kg of food grains per person per month at BPL rates
Ministry of Human Resource Development gives financial support to Mid-Day Meal Scheme for the benefit of class I to V students in Government or Government aided Schools
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Question No : 32
Absolute Poverty means:

poverty in terms of absolute number of people
poverty in terms of the basic minimum calorie requirements
poverty in terms of the prevailing price level
poverty in terms of the absolute level of unemployment
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Question No : 33
The Govt. of India has launched a number of poverty alleviation programmes. This is done with the view that poverty is the root cause of social insecurity. In addition to that UNO has also launched Millennium Development Goals to be achieved by 2015.Which of the following is NOT one of those goals? [Punjab & Sindh Bank 2011]

Improve mental health
Combat HIV/AIDS, Malaria
Reduce marriageable age for males to 18 yr
Promote gender equality and empower women
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Question No : 34
Unemployment in a developing country generally takes place due to :

switch over from one job to another
lack of effective demand
seasonal factors
lack of complementary factors of production
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Question No : 35
Under Indira Gandhi National Old Age Pension Scheme (lGNOAPS), the benefits are available to the people having minimum age of ____ [Bank of India PO 2010]

50 years
55 years
65 years
60 years
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