Previous year MCQs

Economy UPPSC 2006 GS-I
Question

Consider the following statements and select the correct answer using the code given below:

Assertion (A): Educated unemployment increases with high rate of economic growth.
Reason (R): It happens only when there is lack of professional education.

Code:

Answer & Solution

Answer: (Detailed Solution Below)

Option A: Both A and R are correct and R is the correct explanation of A

Detailed Solution:

The correct answer is “Both A and R are correct and R is the correct explanation of A”.
Educated unemployment can increase with a high rate of economic growth. As the economy grows, more individuals may seek higher education, leading to an increase in the number of educated individuals in the workforce

Educated unemployment often occurs when there is a lack of professional education or when the skills possessed by the educated workforce do not match the requirements of the available job opportunities.

Similar Questions:

Devaluation of currency means:
  1. A) Reduction in the value of a currency vis-a-vis major internationally traded currencies
  2. B) Permitting a currency to seek its worth in the international market
  3. C) Fixing the value of currency with the help of IMF and WB
  4. D) None of the above
Trade related intellectual property rights over the following:

1. trademarks
2. industrial designs
3. geographical indications
4. Labour standards

Choose the correct answer with the aid of the code given below:
Code:
  1. A) 1 only
  2. B) 1 and 2
  3. C) 1, 2 and 3
  4. D) all of the above
Who authored the book "The Challenge of World Poverty"?
  1. A) Adam Smith
  2. B) Amartya Sen
  3. C) Gunnar Myrdal
  4. D) Jean Dreze
The reason for increase in price of food grain distributed through public distribution system is to:
  1. A) Allow farmers to receive remunerative prices
  2. B) To control the consumption of food grain
  3. C) Lessen the burden of subsidy involved in scheme
  4. D) Earn profit out of scheme
A city has a population of 3,00,000 out of which 1,80,000 are males, 50% of the population is literate. If 70% of the males are literate, the number of literate females is:
  1. A) 20,000
  2. B) 24,000
  3. C) 30,000
  4. D) 34,000
The Dependency Ratio in India is declining because:
  1. A) Population of 0-14 years is relatively high
  2. B) Population of 60 years and above is relatively high
  3. C) Population of 15-59 years is relatively high
  4. D) Population of 0-14 years and 60 years and above together are relatively high
Select the one which is not the responsibility of Gram Sabha under the "Rural Employment Guarantee Act 2005":
  1. A) To recommend projects to the Gram Panchayat and prepare list of possible works
  2. B) To receive applications for work and issue a dated receipt
  3. C) To monitor the execution of works with in the Gram Panchayat
  4. D) To conduct regular social audits of all the projects taken up within the Gram Panchayat
The most toxic metal pollutant of auto mobile exhaust is
  1. A) Copper
  2. B) Lead
  3. C) Cadmium
  4. D) Mercury
The Bank rate is the rate at which:
  1. A) a bank lends to the public
  2. B) the RBI lends to the public
  3. C) the RBI gives credit to the commercial banks
  4. D) the Government of India lends to other countries.
Which of the following Institution/office bring out the Wholesale Price (WPI) data in India?
  1. A) The Reserve Bank of India
  2. B) The Ministry of Commerce and Industry
  3. C) The Ministry of Finance
  4. D) The Ministry of Consumer Affairs, Food and Public Distribution
As per recommendations of the Twelfth Finance Commission, percentage share of states of the shareable central taxes is:
  1. A) 28.5
  2. B) 29.5
  3. C) 30.5
  4. D) 32.4
Ripening hormone is:
  1. A) Gibberellin
  2. B) Morphactin
  3. C) Ethylene
  4. D) I.B.A.