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Indian Economy Test
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India Yearbook Level 6
Read Instructions for the test.
Negative marks are -0.33 per wrong answer
Right answer is 1 mark
No time limit but finish in 30 mins
Solution can be found at below chapters:
Test series is based on following chapters.
India Yearbook Chapter 11: FOOD AND SUPPLIES
India Yearbook Chapter 12: HEALTH AND FAMILY WELFARE
Q1: Closed ended procurement policy
farmers can only sell to the F.C.I if the price of his produce becomes less than the M.S.P.
farmers can only sell to the F.C.I if the price of his produce becomes more than the M.S.P.
farmers can only sell to the F.C.I if the price of his produce becomes equal to the M.S.P.
Q2: Negotiable warehouse receipts are issued
to farmers in lieu of the stored produce in warehouses registered with W.D.R.A.
N.W.R can be given to banks to obtain loans for next agriculture cycle
The farmers can be protected from distress sale of produce and banks will have a safety net for loans as they are issued against the N.W.R.
Q3: Sugarcane pricing policy
Under this the farmer is assured of fair price for his stock as well as a profit from the sale.
This system also rewards the farmers if there is a higher recovery of sugar from his stock.
MSP system for sugarcane was replaced by the FRP - Fair and Remunerative prices for sugarcane
Q4:FRP is determined by the
Cabinet committee on economic affairs
Comission for agriculture costs and prices
Food supplies ministry
Q5:Consumer Welfare Fund
operated by the Dept of Consumer Affairs
This fund is where the unclaimed central excise refunds go to.
All agencies which have worked in the field of consumer welfare for 5 years can be eligible for financial grant under this.
This is a three tier system of quasi judicial forum which settles disputes of consumers.
Cases should be filed within 2 years of occurance and receipt of defective goods or service is compulsory.
Q7: preventing spread of communicable diseases, promoting indigenous remedies is responsibilty of ministry of
drinking water, sanitation
Q8: National Health Mission
Providing low cost public sector healthcare to urban low income families
Expansion of teaching and training programs for healthcare professionals.
Research and development in healthcare
Q9: National Health Mission
HRD for healthcare
Developing IT systems for healthcare and improving accessibility
Create a framework for universal health care.
Q10: National Rural Health Mission
Establish fully functional, decentralised, community owned primary healthcare center
give access to affordable health care to rural people.
Q11: National Urban Health Mission
Providing access to quality healthcare to urban poor and vulnerable sections
covering all towns with population of 50000+ in a phased manner.
Q12:India Newborn Action Plan
To reduce stillbirth ratio to single digits by 2030
reduce neonatal mortality ratio to single digit by 2030.
Q13: Indira Gandhi Matritva Sahyog Yojana
all pregnant women except those that get paid maternity benefits from government or private employers are covered.
The scheme has conditional cash transfer for women [pregnant or lactating] aged 19 years and above for upto 2 living children
aims to promote institutional delivery and reduce maternal mortality rate by transferring Rs. 4000 to women who make institutional deliveries.
Q14:Indira Gandhi Matritva Sahyog Yojana
Ministry of Women and Child Development is the nodal ministry under this scheme.
aims to offset wage loss suffered by women during pregnancy.
This makes it very important for female workforce of the unorganized sector who make up 90% of total working women
Q15: Indira Gandhi Matritva Sahyog Yojana drawbacks
pre-condition that only upto 2 births are covered has excluded nearly 60% of the women especially from tribal and dalit communities
the insufficient budgetary allocation is a problem for implementation.
Q16: Which is true ?
The 60% of India's GDP comes from urban areas a
31% of India's population stays in urban areas as per census 2011. Out of that 19% is staying in slums
Ministry of Housing and Urban Poverty alleviation is concerned with solving the problems of urbanization
Q17: Housing for All
Launched in 2015 to achieve the governments vision of housing for everyone by 2022
The mission would target urban poor and people living in slums.
The components of this scheme include slum rehabilitation, interest subvention on loans, grants for construction projects of affordable housing via PPP mode
Q18: National Urban Livelihoods Mission
provide livelihood to urban poor and homeless
focus is on organizing urban poor into self help groups and creating opportunities for skill development leading to market based employment.
The support will be provided in form of access to credit to setup self employment ventures.
Q19: Sectors reserved for public sector are
Q20: compulsory licensing norms are present for few other sectors like
electronics of aerospace
hazardous chemicals, alcohol and tobacco products and substitutes.
Q21:National Manufacturing Policy
Enhancing share of manufacturing to 25% of GDP and generate 100 million jobs in the field of manufacturing.
Skill based training to workers making them employable
Easing compliance norms for industries. Simplify procedures
Q22: NIMZ shall be conceived as
large industry townships with state of the art infrastructure
land use based on zoning, governance structure, fiscal incentives, exit policy
skill training centers and clean, energy efficient technology.
Q23: PM Modi announced the Make in India policy on September 2014. It has the following four pillars:
New Infrastructure, New Sectors
Q24: Which is true ?
Decisions of Supreme court and High courts are binding on all within the jurisdiction
Ministry of Law and Justice is the oldest ministry of the government first established by the Charter Act 1833
Q25: Delimitation Commission
The readjustment of Lok Sabha and assembly constituencies is needed to ensure that all votes have an equal weight.
the Government asper its population policy has put a freeze on delimitation upto year 2026 to ensure that states pursue aggresively population stabilization measures
exercise of delimitation is for all states except J&K and the government cant veto the Delimitation orders. Even the Supreme court cant intervene in such matters.
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