JAIIB · IEIFS · Chapter 11

Issues Facing Indian Economy

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Indian Economy and Indian Financial System — JAIIB.

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Q

Health?

A

Nutrition, Child & Adolescent Mortality, Maternal Health (India-specific).

Q

Education?

A

Years of Schooling, School Attendance.

Q

Standard of Living?

A

Cooking Fuel, Sanitation, Drinking Water, Electricity, Housing, Assets, Bank Account (India-specific).

Q

Gini coefficient?

A

0 (perfect equality) to 1 (perfect inequality).

Q

Palma ratio?

A

top 10% share ÷ bottom 40% share.

Q

Quintile/decile shares?

A

top 1%, 10%, 50% shares of income/wealth.

Q

(True/False) NITI Aayog's National MPI uses the Alkire-Foster method across 3 dimensions and 12 indicators, with the data drawn from the National Family Health Survey (NFHS)?

A

TRUE — .

Q

(True/False) As per PLFS 2023-24, India's female labour force participation rate is 41.7%, well above the world average of 47%?

A

FALSE — Female LFPR has improved to 41.7% but is still below the world average of ~47%.

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