Indian Economy
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Question 1 of 5
1. Question
2 pointsWhich of the following statements about inflation is/are correctly stated?
- The existence of a parallel economy causes demand pull inflation.
- Increased agricultural production can also lead to demand pull inflation.
- Reduced public expenditure can dampen inflationary pressures.
Select the correct answer using the code given below:
Correct
ANSWER: B
Incorrect
ANSWER: B
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Question 2 of 5
2. Question
2 pointsWhich of the following is/are the feature/s of the Paramparagat Krishi Vikas Yojana?
- Reduction in dependence on fertilizers and agricultural chemicals
- Improvement of the soil health while increasing the yields.
- Organic food, thus produced will be linked with modern marketing tools and local markets.
Select the correct answer using the code given below:
Correct
ANSWER: C
Explanation:
What is the Paramparagat Krishi Vikas Yojana (PKVY)? – A traditional farming improvement programme, PMKY was launched in 2015. It is an extended component of Soil Health Management (SHM) under the National Mission on Sustainable Agriculture (NMSA).
With the help of PKVY, the government aims to support and promote:
- Organic farming
- Reduction in dependence on fertilizers and agricultural chemicals
- Improvement of the soil health while increasing the yields.
- Organic food, thus produced will be linked with modern marketing tools and local markets.
The revamped PKVY promotes organic farming through the adoption of an organic village by cluster approach and the Participatory Guarantee System of certification.
Incorrect
ANSWER: C
Explanation:
What is the Paramparagat Krishi Vikas Yojana (PKVY)? – A traditional farming improvement programme, PMKY was launched in 2015. It is an extended component of Soil Health Management (SHM) under the National Mission on Sustainable Agriculture (NMSA).
With the help of PKVY, the government aims to support and promote:
- Organic farming
- Reduction in dependence on fertilizers and agricultural chemicals
- Improvement of the soil health while increasing the yields.
- Organic food, thus produced will be linked with modern marketing tools and local markets.
The revamped PKVY promotes organic farming through the adoption of an organic village by cluster approach and the Participatory Guarantee System of certification.
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Question 3 of 5
3. Question
2 pointsConsider the following statements about the ‘Stand Up India’ scheme
- The scheme is intended to assist SC/ST/OBC and women entrepreneurs.
- At least one women entrepreneur per bank branch is supported.
- The support is available only for green field enterprises.
Which of the statements given above is/are correct?
Correct
ANSWER: D
Incorrect
ANSWER: D
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Question 4 of 5
4. Question
2 pointsForeign Direct Investment (FDI) in India has shown a distinct preference for:
Correct
ANSWER: C
Incorrect
ANSWER: C
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Question 5 of 5
5. Question
2 points‘Currency War’ refers to a situation in which countries indulge in:
Correct
ANSWER: C
Incorrect
ANSWER: C
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