Development Test - 30

This question sates tropical forest: The forest that possesses the maximum biodiversity is the Tropical Forests. It is interesting to note that they cover just around 2% of the surface of Earth and are still home to around half of the varieties of flora and fauna. The largely tropical Amazonian rain forest in South America has the greatest biodiversity on earth- it is home to more than 40,000 species of plants, 3,000 of fishes, 1,300 of birds, 427 of mammals, 427 of amphibians, 378 of reptiles and of more than 1,25,000 invertebrates. Hence we can state that biodiversity is found in tropical rain forest.

Navratna was title to public sector enterprise identified by government of india as ‘public sector companies that have cooperative advantages givinh them greater autonomy to compete global market so as  to support them to become global gaint, thus number of PSE having navratna status has been raised to 16 the most recent addition is oil india limited.

In a book “Why Socialism?” (1932), Jayaprakash Narayan explained why socialism would be right for India. In 1934, Jayaprakash and his friends formed the Congress Socialist Party under the Presidentship of Acharya Narendra Deva and Secretaryship of Jayaprakash himself.

Functional finance is a heterodox macroeconomic theory developed by Abba Lerner during World War II that seeks to eliminate economic insecurity (i.e., the business cycle) through government intervention in the economy. Functional finance emphasizes the result of interventionist policies on the economy. The functional finance rule says that the fall in private demand requires the government budget to move toward deficit. ... The sound finance rule, on the other hand, says that the response to a fall in private demand should be a reduction in the interest rate

Mashelkar Committee Report on India's National Auto Fuel Policy. The Government had formed a high powered Mashelkar Committee to decide about the National Auto Fuel Policy in the year 2003. Mashelkar was constituted by MOP&NG to recommend an Auto Fuel Policy for the country including major cities; to devise a road map for its implementation; to recommend suitable auto fuels and their specifications considering the availability and logistics of fuel supplies, the processing economics of automotive fuels,

NABARD role in rural development in India is phenomenal. National Bank For Agriculture & Rural Development (NABARD) is set up as an apex Development Bank by the Government of India with a mandate for facilitating credit flow for promotion and development of agriculture, cottage and village industries. NABARD is a Development Bank with a mandate for providing and regulating credit and other facilities for the promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts and other allied economic activities in rural areas

The BIFR was established under The Sick Industrial Companies (Special Provisions) Act, 1985 (SICA). BIFR: Board of Industrial and Financial Reconstruction, BIFR stands for Board of Industrial and Financial Reconstruction. It was an agency of Government of India and a part of the Department of Financial Services of the Ministry of Finance. The main function of the BIFR is to revive, rehabilitate and wind up the sick public sector units.

The Securities and Exchange Board of India was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992. Securities Exchange Board of India (SEBI) was established in 1988 to regulate the functions of securities market. SEBI promotes orderly development in the stock market. SEBI was set up with the main idea to keep a check on malpractices and protect the interest of investors.