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Economy Previously Asked Questions: Main Sectors of Indian Economy
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Economy Previously Asked Questions: Main Sectors of Indian Economy
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25 Questions

1. Which of the following agencies is not engaged in exporting agricultural goods from India?
2. Import procedure begins with
3. 'Super Rice' was developed by
4. Yellow Revolution is concerned with the production of
5. Concept of 'Joint Sector' for industrial development of India was envisaged in Industrial Policy Resolution of
6. Following are the statements associated with RAJFED. Choose the correct answer from the codes given below. Statement A: RAJFED is working in the state to make available HYV seeds, fertilizers and pesticides to farmers at fair prices. Statement B: RAJFED is working in the state to ensure fair prices to farmers for their crops. Statement C: RAJFED is working in the state as apex development bank for agriculture.
7. Eleventh Five Year Plan emphasised on
8. The Meera Seth Committee was concerned with
9. Consider the following.
1. Area nut
2. Barley
3. Coffee
4. Finger millet
5. Groundnut
6. Sesamum
7. Turmeric The Cabinet Committee on Economic Affairs has announced the Minimum Support Price for which of the above?
10. Among the following, which one is related to Blue Revolution in India?
11. With reference to the provisions made under the National Food Security Act, 2013, consider the following statements.
1. The families coming under the category of 'below poverty line (BPL)' only are eligible to receive subsidised food grains.
2. The eldest women in a household of age 18 years or above, shall be the head of the household for the purpose of issuance of a ration card.
3. Pregnant women and lactating mothers are entitled to a 'takehome ration' of 1600 calories per day during pregnancy and for six months thereafter. Which of the statement(s) given above is/are correct?
12. Consider the following statements. Small-Scale industries are in most cases not as efficient and competitive as the large-scale ones. Yet the Government provides preferential treatment and reservation in a range of products to the small firms because small scale-industries.
1. Provide higher employment on per unit capital development basis.
2. Promote a regional dispersion of industries and economic activities.
3. Have performed better in export of manufactured products than the large scale ones.
4. Provide jobs to low skill workers who otherwise may not find employment avenues else where. Which of the above statements are correct?
13. Which of the following is included in National Food Security Mission
(NFSM)?
14. Which one of the following is the primary sector of India's economy?
15. In relation to Agricultural Finance and Refinance which institution is the biggest?
16. Shanta Kumar Committee has submitted its report on restructuring of Food Corporation of India (FCI) to Mr. Modi. Read the following recommendations and find the incorrect ones.
1. FCI procurement should focus on the western belt, where farmers get the minimum support price.
2. FCI should hand over the procurement of wheat and rice to four states which include Punjab, Haryana, Andhra Pradesh and Chattisgarh.
3. Proposed uniform tax of minimum 3% and maximum 4% on wheat and rice and the same to be included in the minimum support price.
17. Micro-finance is the provision services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under micro-finance is/are
1. Credit-facilities
2. Saving facilities
3. Insurance facilities
4. Fund transfer facilities Select the correct answer using the codes given below.
18. Consider the following statements.
1. The Food Safety and Standards Act, 2006 replaced the Prevention of Food Adulteration Act, 1954.
2. The Food Safety and Standards Authority of India (FSSAI) is under the charge of Director General of Health Services in the Union Ministry of Health and Family Welfare. Which of the statement(s) given above is/are correct?
19. Which one of the following is the objective of National Renewal Fund?
20. The farmers are provided credit from a number of sources for their short and long-term needs. The main sources of credit to the farmers include
21. In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
22. Who among the following is associated with 'White revolution'?
23. Match the following plans and programmes List-I (Plan)
(a) 1st plan (b) 2nd plan
(c) 3rd plan (d) 4th plan
(e) 5th plan List-II (Programmes)
1. Rapid Industrialisation
2. Community Development
3. Expansion of basic industries
4. Minimum Needs programme
5. Achievement of self reliance and growth with stability Select the correct answer from the codes below. Code
(a) (b) (c) (d) (e)
24. Which one of the following led the Malegam committee to recommend for interest rate cap for micro-finance institutions?
25. In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?