MCQs on Indian Year Book 2017 – Basic Economic Data

MCQs on Indian Year Book 2017 – Basic Economic Data

(UPSC CIVIL SERVICES EXAMINATION & OTHER COMPETITIVE EXAMINATIONS)

Q1. Consider the following Statements regarding Central Statistics Office:

  1. It is an attached office of the Finance Ministry and coordinates the statistical activities in the country and evolves statistical standards.
  2. Its activities inter-alia, include compilation of National Accounts, Index of Industrial Production, Consumer Price Indices (Urban/Rural/ Combined), Human Development Statistics etc.

Identify the correct statements:
a) 1 only
b) 2 only
c) All are correct
d) None

Q2. Consider the following Statements regarding Consumer Price Index (Rural/Urban):

  1. The weighing diagram for the revised CPI series is based on the results of the NSS 68th round Consumer Expenditure Survey (2011-12).
  2. Collection of data for CPI (Rural) is done by the Department of Posts, whereas the Field Operation Division of National Sample Survey Office NSSO (FOD)] and specified Directorates of Economics and Statistics are engaged for collection of data for CPI (Urban).

Identify the correct statements:
a) 1 only
b) 2 only
c) All are correct
d) None

Q3. Consider the following Statements regarding Services Sector:

  1. The share of services in India’s Gross Value Added (GVA) at basic prices (at current prices) increased from 49 per cent in 2011-12 to 53.2 per cent in 2015-16.
  2. The ‘financial, real estate, and professional services’ as a group is the largest contributor to GVA followed by ‘trade, hotels, transport, communication and services related to broadcasting’

Identify the correct statements:
a) 1 only
b) 2 only
c) All are correct
d) None

Q4. Which of following is covered under Annual Survey of Industries:

  1. all factories registered under the Factories Act, 1948.
  2. bidi and cigar manufacturing establishments registered under the relevant act.
  3. cold storage, water supply, repair of motor vehicles and of other consumer durables like watches, etc.
  4. Defence establishments, oil storage and distribution depots, restaurants, hotels, cafe and computer services and the technical training institutes.
  5. The electricity undertakings registered with the CEA are not being covered under ASI with effect from 1998-99.

Identify the correct statements:
a) 1 , 2 & 3 only
b) 2, 3 & 4 only
c) All are correct
d) 1, 3, 4 & 5 only

Q5. Consider the following Statements regarding Twenty Point Programme:

  1. The thrust of the programme, restructured in 2006, is to eradicate poverty and improve the quality of life of the poor and the underprivileged people all over the country.
  2. The Ministry of Statistics and Programme Implementation monitors the programmes/schemes covered under TPP-2006 on the basis of performance reports received from state governments/UT administrations and Central Nodal Ministries.

Identify the correct statements:
a) 1 only
b) 2 only
c) All are correct
d) None

Q6. Consider the following Statements regarding Members of Parliament Local area Development Scheme:

  1. Initially, Ministry of Rural Development was the Nodal Ministry for this scheme. In October, 1994 this scheme was transferred to the Ministry of Statistics and Programme Implementation.
  2. The funds released under the Scheme lapse on year end.
  3. The elected Lok Sabha Members can recommend works in their respective constituencies. The elected members of the Rajya Sabha can recommend works anywhere in the state from which they are elected. Nominated members of the Lok Sabha and Rajya Sabha can recommend works for implementation, anywhere in the country.

Identify the correct statements:
a) 1 & 3 only
b) 2 & 3 only
c) All are correct
d) 3 only

Solutions:

Ques.Sol.Explanation
1bIt is an attached office of the Ministry of Statistics and Programme Implementation.
2c
3c
4aThe electricity undertakings registered with the CEA are not being covered under ASI with effect from 1998-99.
5cThe programme covers various socio-economic aspects like poverty, employment, education, housing, agriculture, drinking water, afforestation and environment protection, energy to rural areas, welfare of weaker sections of the society, etc.
6aIt was launched in 1993. The objective of MPLAD Scheme is enable Hon’ble MPs to recommend works of developmental nature with emphasizes on creation of durable community assets in the areas of national priorities. At present, the annual entitlement per MP/constituency is 5 crore. The role of the Members of Parliament is limited to recommend works and it is the responsibility of the district authority to sanction, execute and complete the works. The funds released under the Scheme are non-lapsable

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