Unit-2,3

Question 1

Poverty line of WB

Answer 1

$2.15 per day

Question 2

NITI Aayog report on poverty

Answer 2

25 cr moved out of multi-dimensional poverty in last 9 yrs(2013-2022)

Question 3

% living in extreme poverty in India

Answer 3

2.4%(World Poverty Clock)

3.44 Cr people

Question 4

Formal skills stat

Answer 4

5.4% of workforce have formal skill/vocational training( India Skills Report 2023)

Question 5

Unemployment rate

Answer 5

3.2% in 2022-23(Annual PLFS survey)

Question 6

Youth unemployment

Answer 6

44.5% of youth aged 20-24 unemployed(CMIE data)

Question 7

Qualitative tools of RBI

Answer 7

Credit Rationing
Moral suasion
Selective credit control
Direct action

Question 8

Quantitative tools of RBI

Answer 8

LAF(Repo,Reverse repo)
Reserve reqts(CRR,SLR)
OMOs
MSS
Bank rate
MSF
SDF

Question 9

Employment elasticity

Answer 9

0.15

Question 10

Gig workers stat

Answer 10

Presently 10 mn
25 mn by 2030(NITI Aayog)

Question 11

Human Poverty Index(HPI) indicators(3)

Answer 11

Longevity
Knowledge
Decent std of living

Question 12

NRLM Prog for 1st gen entreprenuers

Answer 12

SVEP(Startup Village Enterprise Prog)

Question 13

PCA parameters

Answer 13

PCA
Profitability
Capital Adequacy Norms
Asset Quality