Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Employment - Growth, Informalisation and Other Issues

Question:

Arrange the following events related to identifying the poor in India in order of their occurrence :

(A) Mahatma Gandhi National Rural Employment Guarantee Act

(B) Task force on projections of minimum needs and effective consumption demand

(C) Jan-Dhan Yojana

(D) Planning commission formed a study group

(E) Concept of "Jail cost of living"

Choose the correct answer from the options given below :

Options:

(E), (D), (B), (A), (C)

(D), (E), (B), (C), (A)

(A), (B), (D), (E), (C)

(D), (A), (B), (E), (C)

Correct Answer:

(E), (D), (B), (A), (C)

Explanation:

The correct answer is option (1) : (E), (D), (B), (A), (C)

(E) Concept of "Jail cost of living" : In pre-independent India, Dadabhai Naoroji was the first to discuss the concept of a Poverty Line. He used the menu for a prisoner and used appropriate prevailing prices to arrive at what may be called ‘jail cost of living’.

(D) Planning commission formed a study group : In 1962

(B) Task force on projections of minimum needs and effective consumption demand : 1979

(A) Mahatma Gandhi National Rural Employment Guarantee Act :2005

(C) Jan-Dhan Yojana : 2014

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This question is from old NCERT.