Indian Economy-Economics 163 Indian Economy - Economics 1 / 26 1.The Insolvency and Bankruptcy Board of India was established on________. 1st October, 2016 1st October, 2017 1st October, 2015 1st October, 2018 2 / 26 What is the primary objective of the National Educational Technology Forum (NETF)? (a) To regulate education institutions (b) To provide funding for education projects (c) To promote the use of technology in education (d) To conduct Common Entrance Exams for HEIs 3 / 26 In which sector has the Foreign Direct Investment (FDI) cap been increased to 100% with 49% through the automatic route? (a) Aviation (b) Telecom (c) Healthcare (d) Insurance 4 / 26 What is the target Gross Enrollment Ratio (GER) in higher education that India aims to achieve? (a) 30% (b) 40% (c) 50% (d) 60% 5 / 26 Which body is responsible for ensuring coordination and focusing on quality education in India? (a) Ministry of Education (MoE) (b) Higher Education Commission of India (HECI) (c) Central Advisory Board of Education (d) National Research Foundation (NRF) 6 / 26 According to RBI data, what was the value of India's service exports between April 2021 and September 2021? (a) US$ 68.81 billion (b) US$ 101.47 trillion (c) US$ 114.58 billion (d) US$ 19.93 billion 7 / 26 What percentage of India's total GVA did the services sector account for in FY21? (a) 11.43% (a) 11.43% (c) 54% (d) 68.81% 8 / 26 Which scheme aims to promote Indian exports and was introduced in the context of boosting India's exports? (a) National Action Plan for Promotion of Manufacturing (b) National Traders Welfare Board (c) Trade Infrastructure For Export Scheme (TIES) (d) Make in India campaign 9 / 26 . In the Union Budget 2023-24, what percentage increase has been allocated for the manufacturing sector compared to the previous year? (a) 35.4% (b) 20% (c) 10% (d) 5% 10 / 26 What is the primary goal of India's manufacturing sector as mentioned in the passage? (a) Achieving a GDP of US$ 2.5 trillion by 2020 (b) Becoming the world's largest manufacturing destination by 2020 (c) Implementing the Goods and Services Tax (GST) (d) Integrating industrial corridors and smart cities 11 / 26 In which sector did Wistron Corp. collaborate with India's Optiemus Electronics to manufacture products such as laptops and smartphones, contributing to the 'Make in India' initiative? (a) Textiles (b) Electronics (c) Agriculture (d) Mining 12 / 26 15.Which one of the following is the regulating authority for governing the insurance companies in India? PFRDA SEBI IRDA TRAI 13 / 26 What did the Union Cabinet approve on November 19, 2021, in Jhansi, worth Rs. 400 crore (US$ 53.73 million)? (a) Construction of modern fishing harbours (b) Start-up India Seed Fund scheme (c) Uttar Pradesh Defence Industrial Corridor project (d) Production of advanced chemical cell (ACC) batteries 14 / 26 Which government initiative aims to create a US$ 400 billion electronics manufacturing industry in India by 2025? (a) Mid-Term Review of Foreign Trade Policy (b) Make in India drive (c) National Policy on Electronics (NPE) (d) Operation Green scheme 15 / 26 What was the India Manufacturing Purchasing Managers' Index (PMI) in October 2021? (a) 51.7 (b) 55.9 (c) 72.0 (d) 134.0 16 / 26 As of December 2018, OnePlus anticipates that India will become its largest Research and Development (R&D) base within the next three years. What is the main focus of OnePlus in India? (a) Manufacturing smartphones (b) Developing industrial machinery (c) Expanding the textile industry (d) Setting up fabric processing units 17 / 26 Which sector of the economy is expected to become the fifth largest manufacturing country in the world by the end of 2020, according to the 'Make in India' program? (a) Primary sector (b) Quaternary sector (c) Tertiary sector (d) Secondary sector 18 / 26 In the Union Budget 2023-24, what is the targeted investment for the sub-scheme of the PM Matsya Sampada Yojana? (a) Rs. 2,000 crore (b) Rs. 5,000 crore (c) Rs. 6,000 crore (d) Rs. 10,000 crore 19 / 26 What is the aim of the 'Production-Linked Incentive Scheme for Food Processing Industry (PLISFPI)' with a budget of US$ 1.46 billion? (a) To promote natural farming (b) To develop global food manufacturing champions (c) To support fish vendors and fishermen (d) To create decentralized storage capacity 20 / 26 Which scheme aims to provide assistance and incentives for the movement of agricultural produce by air transport and will benefit farmers, freight forwarders, and airlines? (a) PM-Kisan (b) Dairy Sahakar (c) Krishi UDAN 2.0 (d) Agriculture Accelerator Fund 21 / 26 What is the main objective of the 'Dairy Sahakar' scheme launched in Anand, Gujarat? (a) Promoting agricultural exports (b) Boosting the dairy industry (c) Supporting fisheries development (d) Enhancing crop assessments 22 / 26 What is the aim of the Agriculture Export Policy, 2018 approved by the Government of India? (a) Increasing India's agricultural exports to US$ 100 billion by 2022 (b) Encouraging investment in the mining sector (c) Promoting digital technology in agriculture (d) Supporting startups in the agribusiness sector 23 / 26 What is the primary objective of the Pradhan Mantri Kisan Samman Nidhi Yojana (PM-Kisan)? (a) Boosting agriculture exports (b) Computerization of Primary Agricultural Credit Societies (PACS) (c) Providing financial assistance for transport and marketing of agriculture products (d) Providing income support to farmers 24 / 26 Which industry is the primary source of livelihood for a significant percentage of India's population? (a) Mining (b) Fishing (c) Forestry (d) Farming 25 / 26 . What is the key characteristic of the genetic industry within the primary sector? (a) Extraction of finite raw materials (b) Utilization of renewable resource technology (c) Enhanced through labor-intensive manufacture (d) Extraction of mineral fuels 26 / 26 Which sector of the economy involves activities like mining and agriculture, utilizing natural resources? (a) Tertiary sector (b) Secondary sector (c) Primary sector (d) Quaternary sector Your score is LinkedIn Facebook Twitter VKontakte
