ICSA 2011 GS Indian Econ Q & A Session--III, Dated 7 May, 2011

1. Using which of the following approaches NSSO collects data on employment and unemployment in India
(a) Usual Status; (b) Current Weekly Status; (c) Current Daily Status; (d) All of these
2. The proportion of the country’s population that is engaged actively in the labour market either by working or by seeking work is known as
(a) Work Participation Rate;
(b) Labour Force Participation Rate; (c) Unemployment Rate;
(d) None of these
3. Under Current Daily Status, a person is considered employed for the full day if he/she worked during the day for
(a) at least 8 hours; (b) at least 6 hours; (c) at least 4 hours; (d) None of these
4. In which of the following age groups, CDS unemployment rate of urban female was the highest
in 2004-2005
(a) 15-19 ; (b) 20-24 ; (c) 25-29; (d)30-34
5. Which of the following categories of workers are considered to be self-employed
a) Own account workers; b) Employers; c) Helpers; d) All of these.
6. As per NSSO estimate, the percentage of urban work force who were self-employed in 2004-05 is
a) 45.4 % ; b) 54.5%; c) 60.2%; d) 39.9%
7. What percentage of rural female workers is engaged in agriculture in 2004-05?
a) 66.2% b) 84.1% c) 81.4; d)71.2%
8. In which of the following states, the percentage of regular employment to total employment is less than 10%
a) Uttar Pradesh ; b) Himachal Pradesh; c) Madhya Pradesh; d) Andhra Pradesh
9. The labour productivity of Japan is approximately _____ times of that in India
a) 4 ; b) 6; c) 8 d) 12
10. Which of the following countries has the highest level of labour productivity ?
a) United Kingdom ; b) Australia; c) United States of America; d) Germany
11. Unorganised sector workers are covered by
(a) The Maternity Benefits Act, 1961; (b) The Payment of Gratuity Act, 1972; (c) The Employees’ State Insurance Act,1948; (d) None of these
12. As per NSSO estimate, the share of unorganised sector in total employment is
(a) 66% ; (b) 76%; (c) 84%; (d)94%
13. Match the columns:
Column A Column B
(A) Wall Street Crash (i) 2008
(B) Black Monday (ii) 2000
(C) Dot-com bubble (iii) 1987
(D) Stock Market Crash (iv) 1929
(a) A-i; B-ii; C-iii; D-iv; (b) A-iv; B-iii; C-ii; D-i; (c) A-ii; B-i; C-iv; D-iii; (d) A-iv; B-ii; C-iii; D-i;
14. Match the columns:


Column A Column B
(A) SSE Composite (i) Czech Republic
(B) Case 30 (ii) Pakistan
(C) KSE 100 (iii) Egypt
(D) PX Index (iv) China
(a) A-i; B-ii; C-iii; D-iv;
(b) A-iv; B-iii; C-ii; D-i;
(c) A-ii; B-i; C-iv; D-iii;
(d) A-iv; B-ii; C-iii; D-i;
15. SEBI headquarters is located at
(a) New Delhi; (b) Chennai; (c) Bengaluru; (d) Mumbai
16. Who was the first Chairman of SEBI?
(a) S.A.Dave; (b) G.V.Ramkrishna; (c)S.S.Nadkarni; (d) D.R.Mehta
17. The percentage of a year’s real GDP that must be forgone to reduce inflation by 1 percentage point is
known as
(a) Phillips Ratio; (b) GDP Deflator; (c) Sacrifice Ratio; (d) None of these
18. Major schemes in Elementary Education include
(a) Sarva Shiksha Abhiyan;
(b) Sarva Shiksha Abhiyan, Mid-Day Meals in Schools;
(c) Sarva Shiksha Abhiyan, Mid-Day Meals in Schools, Mahila Samakhya;
(d) Sarva Shiksha Abhiyan, Mid-Day Meals in Schools, Mahila Samakhya, Infrastructure Development in Minority Institutions;
19. Sarva Shiksha Abhiyan was launched in
(a) 2001-02; (b) 2000-01; (c) 1999-2000; (d) None of these
20. AIE stands for
(a) All India Education ; (b) Alternative and Innovative Education; (c) Appropriate Indian
English; (d) None of these
21. What was the national average dropout rate in 2007-08
(a) 43.03%; (b) 44.04%; (c) 45.05%; (d) 46.06%;
22. Rashtriya Madhyamik Shiksha Abhiyan (RMSA) is a major scheme launched in March, 2009 with the objectives of
(a) making secondary education of good quality available,
(b) accessible and affordable to all young persons in the age group 15-16 years,
(c) achieving a GER of 75 per cent in secondary education in a period of five years,
(d) all the above
23. "MARG Swarnabhoomi" is a mega infrastructure project with world class telecommunication facilities. MARG Limited (integrated infrastructure company) signed an MOU with which of the following India's telecommunication giants for this project ?
(a)Tata Indicom; (b)BSNL; (c) Bharti Airtel; (d) None of these
24. In which of the following states the World Bank-assisted National Cyclone Risk Management Project(NCRMP) is being implemented?
(a)West Bengal; (b) Orissa; (c)Andhra Pradesh; (d) Tamil Nadu;
25. Union Government has suggested all states in the country to adopt Water and Sanitation Management Organisation (WASMO) model for achieving drinking water security through community participation used by which state?
(a)Maharastra; (b) Gujarat; (c)Rajasthan; (d) West Bengal
26. Recently which Insurance company has launched a micro-insurance scheme 'Grameen Shakti' in the
Northeastern States?
(a)ICICI Prudential; (b)SBI Life Insurance; (c) LIC; (d) NIC
27. The Asian Development Bank (ADB) sanctioned a soft loan for khadi development in the country. What was the amount of the Loan?
(a)Rs. 750 crore; (b)Rs. 500 Crore; (c)Rs. 450 Crore; (d) Rs.200 Crore
28.Biocon Limited, India's pioneering biotechnology company, has recently launched the Biocon Cell for Innovation Management (BCIM) to promote innovation in business in which of the following Prestigious Business School of the country ?
(a)Indian Institute of Management , Ahmadabad; (b)Indian School of Business , Hyderabad; (c)Indian Institute of Foreign Trade , New Delhi; (d) None of these
29. "Harit Rajasthan' which is a flagship programme of Chief Minister of Rajasthan Ashok Gehlot is a scheme to _________?
(a) provide irrigation from canals to the desert areas of the state; (b) planting of saplings over vacant lands (c) hand pumps & tube well facilities in areas lacking drinking water; (d) none of these;
30. "Arogya Sri" is a Insurance coverage programme for poor people , under the aegis of the state government of ________?
(a) Gujarat ; (b) Andhra Pradesh; (c)Karnataka; (d) Jharkhand.

For Answers, visit this Blog on or after 21 May, 2011