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47. Economic Growth, Development, Inclusive Growth MCQs for SSC Examination
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1.
In which situation does investment increase, according to the accelerator principle?
Increase in output and increase in capital stock
Decrease in output and increase in capital stock
Increase in output and decrease in capital stock
Decrease in output and decrease in capital stock
2.
Pump priming mainly deals with which of the following?
Increased government expenditure during recession
Decreased government expenditure during recession
Increased government income during recession
Decreased government income during recession
3.
What is the primary operational role of MUDRA (SIDBI) Bank?
Provide direct loans to micro enterprises up to ₹10 lakh
Undertake refinance and support services like portal management and data analysis
Establish foreign direct investment channels for Indian MSMEs
Finance only high-growth manufacturing startups
4.
What does a decreasing agricultural sector share in GDP generally indicate for a country?
The country is undergoing structural transformation toward a more industrial and service-based economy
The country is becoming a developing nation
The country is becoming less developed
Agricultural production has completely stopped
5.
What mainly makes national income calculation difficult in India? (UPSC Prelims 1983)
Large population growth
Very low per capita income
Existence of non-monetized sectors
Insufficient government infrastructure
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These questions have been sourced from GKToday's "40000+ GK / General Studies MCQs for SSC & State PCS Exams" App Exclusive Course in GKToday Android Application which provides more than 40K General Knowledge and General Studies questions with explanations asked in all Competitive Exams of India.
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