Q131. Which of the following is NOT an indicator used in the computation of the Gender Inequality Index?
Indian Economy: RAS Prelims MCQs
848 RAS Prelims practice MCQs on the Indian economy are on this page, in 10 chapters. They cover economic growth and development, the Human Development Index, monetary and fiscal policy and the Union Budget, fiscal federalism, agricultural development, industrial reforms and LPG, the service sector, energy and transport, skill development and employment, and social justice. Each question has an answer and an explanation.
Practice questions based on the RPSC RAS Prelims syllabus. They follow the exam pattern but are not past-paper questions.
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Q132. In the Gender Inequality Index, a value of 0 indicates:
Explanation
The scale for measuring gender inequality is designed such that the lowest possible score represents the ideal state. In this framework, a value of zero signifies that there is no disparity between men and women across the dimensions of health, empowerment, and labor market participation. Conversely, a value of one would represent the highest possible level of inequality between the sexes.
Q133. Consider the following statements regarding the Gender Inequality Index:
I. It highlights the loss in potential human development due to disparity between female and male achievements.
II. Empowerment is measured by the proportion of parliamentary seats occupied by females.
III. Empowerment is also measured by the proportion of adult females and males aged 25 years and older with at least some secondary education.
IV. The labor market dimension is measured by the wage gap between men and women.
V. It was introduced in 2010 to replace older gender inequality measures.
Which of the above combinations of statements is incorrect?
I. It highlights the loss in potential human development due to disparity between female and male achievements.
II. Empowerment is measured by the proportion of parliamentary seats occupied by females.
III. Empowerment is also measured by the proportion of adult females and males aged 25 years and older with at least some secondary education.
IV. The labor market dimension is measured by the wage gap between men and women.
V. It was introduced in 2010 to replace older gender inequality measures.
Which of the above combinations of statements is incorrect?
Explanation
This index measures the loss in development due to gender disparities in health, empowerment, and economic activity. Empowerment includes both parliamentary representation and secondary education levels. However, the economic dimension is assessed through labor force participation rates rather than the specific wage gap. This tool was introduced in 2010 to provide a more sophisticated understanding of how gender inequality hinders progress.
Q134. Match the items in List I with those in List II:
| Index | Specific Indicator Used |
|---|---|
| A. Human Development Index | i. Adolescent birth rate |
| B. Gender Inequality Index | ii. Ratio of female to male HDI |
| C. Multidimensional Poverty Index | iii. Gross National Income per capita |
| D. Gender Development Index | iv. Cooking fuel deprivation Options: |
Explanation
Various indices use specific indicators to assess different aspects of development. The standard human development measure utilizes national income per capita, while the gender inequality metric includes adolescent birth rates. Poverty is assessed multidimensionally by looking at household deprivations like cooking fuel. Additionally, the gender development index compares the relative achievements of women and men by taking the ratio of their scores.
Q135. The global Multidimensional Poverty Index was developed by the United Nations Development Programme in collaboration with which institution?
Explanation
The global measure for multidimensional poverty was created through a partnership between the United Nations Development Programme and a specialized research center at Oxford University. This collaboration aimed to develop a more nuanced way of identifying poverty that goes beyond simple income levels. The resulting index captures the various simultaneous deprivations individuals face in health, education, and living standards.
Q136. In which year was the global Multidimensional Poverty Index launched to replace the Human Poverty Index?
Explanation
A more comprehensive way to measure global poverty was launched in 2010 to replace the older human poverty index. This newer metric identifies overlapping deprivations at the household level across the same dimensions as the standard development index. Since its introduction, it has become a primary tool for international organizations to understand the complex nature of poverty in various countries.
Q137. Read the following statements carefully:
Statement I: The Multidimensional Poverty Index captures acute overlapping deprivations that people face at the same time.
Statement II: The Multidimensional Poverty Index relies strictly on income levels to determine poverty cut-offs.
Which of the following is correct?
Statement I: The Multidimensional Poverty Index captures acute overlapping deprivations that people face at the same time.
Statement II: The Multidimensional Poverty Index relies strictly on income levels to determine poverty cut-offs.
Which of the following is correct?
Explanation
The multidimensional poverty index is designed to identify the various overlapping deprivations that people experience at the same time. Unlike traditional measures, it does not rely on income levels to determine who is poor. Instead, it looks at specific gaps in health, education, and living standards. This approach provides a clearer picture of the actual hardships faced by individuals and households.
Q138. Given below are two statements, one is labelled as Assertion (A) and the other is labelled as
Reason (R).
Assertion (A): The Multidimensional Poverty Index is calculated using the Alkire-Foster method which employs a dual-cutoff approach.
Reason (R): The method requires individuals to first be deprived in specific indicators, and then collectively be deprived in at least one-third of the weighted indicators to be considered multidimensionally poor.
Reason (R).
Assertion (A): The Multidimensional Poverty Index is calculated using the Alkire-Foster method which employs a dual-cutoff approach.
Reason (R): The method requires individuals to first be deprived in specific indicators, and then collectively be deprived in at least one-third of the weighted indicators to be considered multidimensionally poor.
Explanation
This poverty measurement technique identifies the poor by looking at multiple deprivations simultaneously. An individual must first be deprived in specific indicators, and then the total weight of these deprivations must reach a certain threshold, typically one-third. This dual-cutoff method ensures that the index identifies those experiencing acute poverty across several dimensions of life, rather than just one.
Q139. Under the global Multidimensional Poverty Index framework, an individual is classified as living in "severe multidimensional poverty" if their deprivation score is at least:
Explanation
Individuals are categorized based on the intensity of the deprivations they experience. While a person is considered multidimensionally poor if their deprivation score is at least one-third, they are classified as living in severe poverty if that score reaches or exceeds one-half. This distinction helps policymakers prioritize interventions for those facing the most extreme and overlapping hardships in their daily lives.
Q140. Which of the following correctly identifies the two indicators used to assess the health dimension in the global Multidimensional Poverty Index?
Explanation
To assess the health dimension of poverty, two specific indicators are evaluated at the household level. Nutrition is measured by looking at whether any adult or child is undernourished. Child mortality is assessed based on whether any child has died in the family within a specific timeframe. These indicators provide insight into the basic health and survival challenges faced by poor households.Answer key for these questions
| Q | Correct answer |
|---|---|
| 131 | (b) Female life expectancy at birth |
| 132 | (b) Perfect gender equality |
| 133 | (c) IV only |
| 134 | (a) A-iii, B-i, C-iv, D-ii |
| 135 | (d) Oxford Poverty and Human Development Initiative |
| 136 | (b) 2010 |
| 137 | (c) Statement I is correct but Statement II is incorrect |
| 138 | (a) Both A and R are true and R is the correct explanation of A. |
| 139 | (c) 50% |
| 140 | (c) Nutrition and child mortality |
Key facts from Indian Economy
- The RPSC syllabus lists economic concepts and the Indian economy as the first part of the Economy paper, followed by the economy of Rajasthan.
- Concept questions test definitions: nominal and real GDP, GNP and NDP, per capita income and the value-added method.
- Policy questions pair a tool with its effect, for example a rise in CRR reduces the lendable resources of banks.
- Scheme questions ask for the target group, ministry or year of schemes such as PMKVY, NAPS, PM SVANidhi and PM-SYM.
- Questions on Finance Commission and GST link the body to its Article, such as Article 280.
Frequently asked questions
How many RAS Prelims practice MCQs are there on Indian Economy?
This page has 848 practice MCQs on Indian Economy. Each has the correct answer, and most have an explanation.
Which chapters does the Indian economy set cover?
Ten chapters: economic growth, development and sustainable development; measurement of development (HDI); monetary and fiscal policy and the Union Budget; fiscal federalism and the Finance Commission; agricultural development; industrial growth and LPG reforms; the service sector; energy, transport and communication; skill development and employment; and social justice and empowerment.
Is the Indian economy in the RAS Prelims syllabus?
Yes. RPSC lists Economic Concepts and the Indian Economy as the first part of the Economy paper. The second part covers the economy of Rajasthan, which is on its own page.
How should I revise economy for RAS Prelims?
Learn the definitions and the cause-and-effect chains first, then the schemes with their year, ministry and target group. Attempt each chapter, read every explanation and keep a one-line note for each scheme and body.