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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. National Agricultural Insurance Scheme was launched in the year
2. Which of the following are the objectives of the commission for Agricultural costs and prices
(CACP)?
1. To stabilise agricultural prices.
2. To ensure meaningful real income levels to the farmers.
3. To protect the interest of the consumers by providing essential agricultural commodities at reasonable rates though public distribution system.
4. To ensure maximum price for the farmer. Choose the corret answer from the codes given below. Code
3. 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)
4. Concept of 'Joint Sector' for industrial development of India was envisaged in Industrial Policy Resolution of
5. Which one of the following is the objective of National Renewal Fund?
6. Reason for low-productivity in Indian agriculture is
7. What is/are the recent policy initiative(s) of government of India to promote the growth of manufacturing sector?
1. Setting up of National Investment and manufacturing Zones.
2. Providing the benefits of 'single window clearance'.
3. Establishing the technology acquisition and development fund. Select the correct answer using the codes given below.
8. Among the following, which one is related to Blue Revolution in India?
9. Who is known as 'Father of White Revolution' in India?
10. 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.
11. Consider the following statements.
1. Regarding the procurement of food grains, Government of India following a procurement target rather than open-ended procurement policy.
2. Government of India announces minimum support prices only for cereals.
3. For distribution under Targeted Public Distribution System (TPDS), Wheat and rice are issued by the government of India at uniform central issue prices to the State/Union Territories. Which of the statement(s) given above is/are correct?
12. Green revolution had the greatest impact on
13. Eleventh Five Year Plan emphasised on
14. 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
15. Long-term agricultural credit is provided by
16. Actively associated with Green Revolution
17. Some time back, the Government of India, decided to delicense 'White goods industry'. White goods includes
18. 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.
19. Public procurement of food grains at support prices insures the following.
1. Stability in farm prices
2. Remunerative prices to the farmers
3. Building food stocks for public distribution Which of the above statements are correct?
20. Which one of the following led the Malegam committee to recommend for interest rate cap for micro-finance institutions?
21. 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?
22. As per Micro, Small and Medium Enterprises Development Act 2006, medium enterprises are defined as those with the investment of
23. Which one of the following is the primary sector of India's economy?
24. 'Operation Flood' is associated with
25. White revolution is related to