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Indian Economy ...

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  • Question 1
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    Consider the following statements about the LPG model of economic development process in India.
    1. Disinvestment of profit making public sector enterprises.
    2. Permitting private sectors to establish industrial units without taking a licence.
    3. Chronically sick industries were referred to BIFR for the formulation of revival or rehabilitation plan.
    Which of the processes given above is/are taken after adoption of LPG model?

  • Question 2
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    Consider the following statements
    $$1.$$ In India, imposition of taxes on the services as a separate services taxes has been started since independence.
    $$2.$$ BPO, ITeS and Software Products are only taxed by the Indian Government under Services Taxes.
    Which of the statements given above is/ are correct?

  • Question 3
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    What is the contribution of service sector to employment generation in India?

  • Question 4
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    Which one of the following is the correct sequence of employment generation by the different sectors of Indian Economy?

  • Question 5
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    The price at which the government purchases foodgrains for maintaining the public distribution system and for building up buffer stocks are known as

  • Question 6
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    Which one of the following Five Year Plans of Indian Economy  was terminated by the Janata Government?

  • Question 7
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    Consider the following statements 
    1. The Food Corporation of India conducts effective price support operations for safeguarding the interests of the farmers.
    2. FCI has an objective to make food grains available at reasonable prices, particularly to vulnerable section of the society.
    Which of the statements given above is/are true?

  • Question 8
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    Consider the following statements
    1. The state sets broad parameters and goals for the economy.
    2. The targets to be achieved are broadly set by the state.
    3. The plan is made for the specific time period of about 15 years.
    Which of the statements given above is/are correct about the Indicative Planning?

  • Question 9
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    Kisan Credit Card was launched by Indian Government to facilitate the short-term loan and cash delivery to farmers. Which one of the following agencies is not included in the operation of the Kisan Credit Cards?

  • Question 10
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    Consider the following statements:
    1. Agriculture and allied sectors contribute less than 20% of Gross Domestic Product of India.
    2. Around 60% of net sown agricultural area of India is dependent on rainfall. 
    Which of the statements given above is/are correct?

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