INDIAN ECONOMY QUIZ – 14

Which of the following factors/policies were affecting the price of rice in India in the recent past?

1. Minimum Support Price
2. Government's trading

iii. Government's stockpilling

1. Consumer subsidies Select the correct answer using the code given below:

The targets of the Beti Bachao Beti Padhao Abhiyan is/are………..

2017. To provide girl's toilet in every school in 100 Child Sex Ratio (CSR) districts by 2017.
2018. To improve the Sex ratio at Birth in 100 gender critical districts by 10 points in a year.

iii. To increase the girl's enrollment in secondary Implementation of Protection of Children from Sexual Offences (POCSO) Act 2012.

Consider the following problems in the Indian Economy:

1. Persistence of the Twin Balance Sheet Problem.
2. Legacy issues of retroactive taxation.

Which of the following challenges of the Indian Economy are these manifestations of?

With respect to the Securities and Exchange Board of India, which of the following is/are the functions performed:

1. regulating the business in stock exchanges.
2. Prohibiting insider trading in securities.

iii. Promoting investors' education and training of intermediaries of securities markets.

1. Promoting insider trading in securities.

Select the correct answer using the code given below:

With reference to the Sharada Prasad Committee , consider the following statements-

1. It has been constituted by the Ministry of Skill Development and Entrepreneurship.
2. It has pointed out that there has been a marked increase in the skill level of the country post the launch of Skill India.

iii. It has recommended the Government to form an oversight mechanism to ensure the prevention of conflict of interest in NSDC's role.

Which of the following are correct?

National Skill Development Agency.

1. Is nodal agency for state skill development missions.
2. Will work under the guidance of National Council on skill development.

iii. Will be chaired by a person of the rank and status of a cabinet minister.

The salient features of Mahatma Gandhi National Rural Employment Guarantee Act, 2005 is/are……….

1. It mandates that at least a third of the workers under the scheme should be women.
2. It covers all the districts of the country.

iii. Panchayat Samiti recommends the work under the scheme.

1. Social audit of works by Gram Sabha has been made mandatory.

............../are part/s of the National Pension Scheme (NPS).

1. Central Government employees.
2. State Government employees.

iii. Employees of private organizations.

1. Employees of unorganized sectors.

With reference to the Competition Commission of India, consider the following Statements:

1. It aims to curb competition in the markets of India.
2. It is a statutory body.

iii. It works under the Ministry of Commerce and Industry

Select the correct answer using the code given below:

Which of the following are part of Swachh Bharat abhiyaan?

1. All the statutory towns will be covered.
2. It aims to remove the system of manual scavenging.

iii. It comes under the purview of both Ministry of Urban Development and Ministry of Drinking Water and Sanitation.

The construction of Human Development Index (HDI) on reference with:

1. Life expectancy at birth, real GDP per capita, gross enrollment ratio, adult literacy rate.
2. Life expectancy at birth, real GDP per capita, combined gross enrollment ratio, adult literacy rate.

iii. Life expectancy, GDP per capita, infant mortality rate, literacy rate.

1. GDP per capita, infant mortality rate, literacy rate.

Codes:

Consider the following statements with regard to power sector in India:

1. The demand for power is growing at a rate higher than the GDP growth rate.
2. The power generation from coal is least among all the sources of power.

iii. Commercial energy consumption is higher than non commercial energy consumption.

Which of the above, statements is/are correct?

Which of the following statements is/are correct regarding Essential Services Maintenance Act (ESMA)?

1. Its objective is to ensure continuous delivery of essential services.
2. The list of essential services is uniform across the States.

iii. Both Central and State Governments can ban strikes in essential services..

The government schemes related to minorities that are associated with skill development is/are.....

1. Jiyo Parsi
2. Seeko aur Kamao

iii. Hamari Dharohar

1. USTTAD

Which of the following statements is/are true regarding Development based budget?

1. It aims at improving the productivity of government departments and minimizes the wastages.
2. This form of budgeting assumes that there are no balances to be carried forward or there are no expenses that are pre-committed.

Select the correct option.

Jan Suraksha Yojana includes………….

1. Suraksha Bima Yojana
2. Jeevan Jyoti Bima Yojana

iii. Atal Pension Yojana

1. National Pension Scheme
2. Employee Provident Fund

Consider the following statements related to the different indexes launched by NITI Aayog:

1. National Index for Performance on Health Outcomes launched to rank States on the basis of their performance on measurable health indicators.
2. India Innovation Index launched in association with Department of Industrial Policy & Promotion and CII to make India an innovation-driven economy.

Which of the above statements is/are correct?

National Policy for Children...................

1. Recognises every person below the age of sixteen years as a child.
2. Identifies 'Survival' as an undeniable right of every child.

iii. Is monitored for its implementation by the National Commission for the Protection of Child Rights (NCPCR).

Which of the following statements is/are correct regarding Sansad Adarsh Gram Yojana (SAGY)?

1. There has not been any separate allocation of funds for this scheme.
2. Both nominated members and MPs representing

urban constituencies can choose a village from any district of the country.

iii. Implementation and monitoring of the scheme will be done by the Gram Panchayats.

Comprehend the following statements to justify "Make in India" programme.

1. It concentrates on 25 industries/sectors.

Ii.100 per cent FDI has been allowed in railway infrastructure projects.

Of the above,  which is/are correct?

With reference to the achievement of growth of Indian economy at a rate of 8-10 per cent, consider the following statements:

1. Addressing the exit problem faced by the companies will assist in growth of economy.
2. Investment in manufacturing and education sectors will assist in growth of economy.

iii. Reforms in a agriculture sector will assist in growth of economy.

Select the correct answer using the code given below.

Which of the following statements is/are true about the Securities and Exchange Board of India?

1990. It was established in the year 1988 and given statutory powers on 30 January 1990 through the SEBI Act, 1990.
1991. After an amendment of 1999, collective investment scheme brought under SEBI except NIDHI, chit fund and cooperatives.

iii. Ajay Tyagi was appointed chairman on 10 January 2017 replacing UK Sinha.

1. There is a Securities Appellate Tribunal which is a three-member tribunal and is headed by Mr. Justice Manjula Chellur, a former judge of the Bombay High Court.

In the context of Indian economy, which of the following is not an example of export of services?

1. An Indian tourist visiting Mauritius.
2. Bharti Airtel setting up its operations in Africa.

iii. An Indian IT company selling software to a Chinese firm.

1. A Canadian national visiting India for liver transplant.

Select the correct answer using the code given below.

Which of the following statements is/are correct?

1. The Exempt, Exempt, Exempt (EEE) model is likely to give higher returns on investment on Exempt, Tax (EET) model.
2. The EET model incentivizes postponement of consumption.

iii. EEE status is enjoyed by long term investment vehicles such as Public Provident Fund (PPF). 

Assertion (A): India has a big potential demographic dividend.

Reason (R): India's population growth rate is declining Codes: