Indian Economy Mixed Quiz: Set 31

It places on the State the duty to raise the level of nutrition and the standard of living of its people and to improve public health, and a health assurance scheme such as Ayushman Bharat, which gives a cover of five lakh rupees a family a year for hospital treatment…

Coal India, the largest coal producing company in the world, was granted Maharatna status in 2011 and remains on the list.

GATT was signed in 1947 by twenty three countries, India among them, and came into force on 1 January 1948 as a treaty with a small secretariat rather than a full organisation.

It is the micro-finance scheme under which women borrow small sums at a concessional rate of interest, so the rebate in interest is built into the scheme itself.

Sukanya Samriddhi was opened in 2015 as part of the Beti Bachao Beti Padhao campaign: a guardian may open an account in the name of a girl child below the age of ten at a post office or a bank, deposit a small sum every year, and draw the maturity…

The National Housing Bank is one of the central nodal agencies through which the Centre passes the interest subsidy of the Credit Linked Subsidy Scheme of Pradhan Mantri Awas Yojana (Urban) down to the lenders.

The World Economic Outlook is the IMF's survey of the world economy, carrying growth, inflation and current account projections for its member countries, and the Fund also publishes the Global Financial Stability Report and the Fiscal Monitor.

The marginal product of a variable factor first rises, reaches a peak and then falls, so the curve traced out is an inverted U. This is the law of variable proportions at work.

The National Rural Employment Guarantee Act of 2005, renamed after Mahatma Gandhi in 2009, gives every rural household whose adult members are willing to do unskilled manual work a legal right to 100 days of such work in a financial year, with work to be provided within fifteen days of…

All four of these countries sit in the G20, so this is the only group in which no name falls outside the forum.

The correct answer is C, the IDA, the International Development Association, founded in 1960 to lend to the poorest countries on concessional terms, that is interest free credits and grants with long repayment periods, which is why it is called the soft loan window of the World Bank.

Statement I is right, because a government security, or G-Sec, is a tradeable debt instrument issued by the central government or by a state government and can be bought and sold in the secondary market before it matures.

The scheme offered every household a zero balance savings account with a RuPay debit card, built-in accident insurance, a small overdraft facility after satisfactory operation, and the plumbing for direct benefit transfer of subsidies and pensions.

The Aatmanirbhar Bharat Rojgar Yojana was announced in October 2020 as part of the Aatmanirbhar Bharat package, to bring back the jobs lost during the Covid-19 lockdown.

The Special Drawing Right, created by the IMF in 1969 as a supplementary reserve asset, takes its value from a basket of five currencies only: the US dollar, the euro, the Chinese renminbi, the Japanese yen and the pound sterling.

The Mahatma Gandhi National Rural Employment Guarantee Act, 2005 promises every rural household at least 100 days of unskilled manual wage work in a financial year.

The scheme, launched in 2016, fixed a uniform maximum premium for the farmer and left the remaining actuarial premium to be shared by the Centre and the State: two per cent of the sum insured for kharif food crops and oilseeds, one and a half per cent for rabi crops…

It is composed of the trade ministers of all member countries, meets at least once every two years and may take decisions on any matter covered by the WTO agreements; the first conference was held at Singapore in 1996 and the one at Doha in 2001 launched the Doha Development…

The correct answer is B, Ballia in Uttar Pradesh, from where the scheme was launched on 1 May 2016 to give deposit-free liquefied petroleum gas connections to adult women of poor households, so that cooking on firewood and dung cakes, with the smoke it puts into a kitchen, could be…

TRIPS is one of the agreements that came out of the Uruguay Round and is administered by the WTO; it lays down minimum standards for patents, copyright, trademarks and geographical indications, and it is enforceable through the WTO dispute settlement system, which is what makes it different from earlier treaties.