CBSE Class 12 (Commerce) Current Challenges Facing the Indian Economy — practice questions
70 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice CBSE Class 12 (Commerce) Current Challenges Facing the Indian Economy in the app →India's Tendulkar methodology defines poverty mainly in terms of what?What does absolute poverty mean?In which year did the Tendulkar Committee submit its poverty report?By the Tendulkar method, how many Indians were below the poverty line in 2011–12?By the Rangarajan method, what share was below the poverty line in 2009–10?Dandekar and Rath in 1971 defined the poverty line using how many daily calories?The 1979 Task Force said an average rural dweller needed about how many calories daily?The election slogan Garibi Hatao of the 1970s called for what?In which year was the Bonded Labor System Act passed to end debt bondage?In October 2015 the World Bank set its international poverty line at what daily amount?Which daily line did the World Bank adopt after its 2005 cost-of-living studies?The World Bank's 2025 brief says India's extreme poverty fell from 16.2% to what share?UNDP said India lifted how many people out of extreme poverty from 2005–06 to 2015–16?British-era policies that cut artisan manufacturing caused what process in India?Which famine of 1943 killed millions despite rising farm output in South Asia?The National Planning Committee of 1936 set what nutrition target per adult worker?The 1936 planning goals set housing at how much space per capita?What did the 2022–23 Household Consumption Expenditure Survey aim to estimate?MGNREGA guarantees how many days of employment a year?In which year was the Mahatma Gandhi National Rural Employment Guarantee Act passed?Which school scheme is cited, with MGNREGA, as a welfare driver of poverty decline?Aadhaar-enabled direct benefit transfers had saved how much by March 2023?How does India set a household's poverty line?Which had the lowest rural monthly poverty threshold in 2011–12?How often does the NSSO generally report employment and unemployment results?Who led the 2017 panel that urged more frequent employment surveys than the five-yearly ones?Which urban segment covers self-employment and casual wage workers?The rural and informal sectors accounted for what share of employment in 2011?What does the term jobless growth describe?The leaked 2017–18 NSSO survey put unemployment at what four-decade high?The 2017–18 jump in unemployment was possibly linked to which 2016 step?The ILO projected India's unemployment rate for 2018 and 2019 at about what?The Indian labour force grows by roughly how many people each year?Urban unemployment (age 15 and above) in October–December 2022 was what?Unemployment shot up to what rate in the week ending May 16, 2021?Which sector is described as the most labour absorbing in the economy?Which ministry launched the National Career Service portal?On which day does the weekly Employment News come out?The National Rural Employment Programme gives jobs especially in times of what?Employment growth between 2004–05 and 2011–12 averaged what per annum?In 1991 foreign exchange reserves could cover imports for how long?Which 1990–91 event raised oil prices and cut Gulf remittances to India?Who was India's finance minister during the 1991 reforms?The 1991 New Industrial Policy kept licensing for how many industries?The 1991 policy pre-approved foreign equity participation up to what level?The 1991 policy scrapped the concept of which kind of company?By how much was the rupee devalued against the dollar in the 1991 budget?The Narasimham Committee suggested cutting the SLR from 38.5% to what?What happened to the rupee in the 1966 liberalisation attempt?Which 1984 policy eased technology imports and helped software exports?In which year was NASSCOM established?Combined fiscal deficits in the late 1980s rose to what share of GDP?India's external debt in 1989–90 stood at about how much?Which two firms left India under the Janata government's partnership rule?India's exports of goods and services were what share of GDP in 2000?Foreign investment in 1995–96 had risen to about how much?GST, approved in 2017, was first proposed in which year?Which 2016 law created time-bound insolvency resolution for firms?The 2019 cut lowered the base corporate tax rate from 30% to what?The Make in India campaign sought to encourage investment in what?In which year was the Planning Commission dismantled?A US Federal Reserve rate hike tends to do what to the US dollar?According to CMIE, India's workforce has been stuck at about how large since 2018?Which post-independence industrial strategy stressed state monitoring and protection?Nehru's exposure to which ideology shaped early economic policy?Which group has the largest weight in India's WPI basket?Demand-side inflation occurs when too much money chases what?Which situation causes supply-side inflation?Which curve links inflation with employment generation and growth?Food Articles make up what share of the total WPI weight?