Indian Economy Mixed Quiz: Set 36

The Pradhan Mantri Ayushman Bharat Health Infrastructure Mission, launched in October 2021, is the largest pan-India scheme for building up health infrastructure, and it works at all three levels of care.

Issue price is the subsidised rate at which grain from the government's buffer stock is sold through ration shops, and it is deliberately kept below the market price.

Morris gave equal weight to three indicators only, life expectancy at age one, the infant mortality rate and basic literacy, and the striking feature of his index is that income appears nowhere in it; he argued that income is a means and that the results of development should be measured…

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

Perfect competition assumes a homogeneous product, very many buyers and sellers, perfect knowledge and free entry and exit, and the visible result of all this is a single ruling price: the same good cannot sell at two prices at the same moment, because any buyer would move to the cheaper…

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.

The National Bank for Agriculture and Rural Development was set up on 12 July 1982 under the NABARD Act, 1981, as the apex institution for credit to agriculture and rural development, taking over the work of the Reserve Bank's Agricultural Credit Department and Rural Planning and Credit Cell and of…

The law of variable proportions divides short run production into three stages. In stage one, increasing returns, both total and marginal product rise because the fixed factor is still under used.

Bharat Heavy Electricals Limited is a public sector undertaking, which means the government holds the majority of its shares and controls its management.

Self-reliance, the goal set out in India's early plans, means building the capacity to produce at home what the country would otherwise have to buy abroad, so the true indicator is that imports of such goods are avoided.

The old rural housing scheme was restructured as PMAY-Gramin with effect from 20 November 2016, with beneficiaries now identified from the deprivation data of the Socio-Economic and Caste Census of 2011 and verified by the gram sabha instead of being chosen from the earlier below poverty line lists.

An intermediate good is bought by one producer to be used up or built into another good in the same year, while a final good is bought by the last user for consumption or investment.

The further the curve sags away from the straight diagonal of perfect equality, the greater the inequality, and the Gini coefficient measures exactly that gap on a scale from 0, perfect equality, to 1, perfect inequality.

The Pradhan Mantri Jeevan Jyoti Bima Yojana can be joined by anyone between 18 and 50 years of age who holds a savings bank account.

An oligopoly is a market in which a few large firms supply the whole output, so each must watch how the others will react to its price, and the cigarette industry is the standard example because a handful of companies hold almost the entire market.

E-Shakti was launched by NABARD in 2015 to put the accounts and records of self-help groups on a digital platform.

The Reserve Bank appointed the Committee to Review the Arrangements for Institutional Credit for Agriculture and Rural Development, known as CRAFICARD, in 1979 under the chairmanship of B. Sivaraman, and its recommendation led to the NABARD Act, 1981 and the creation of NABARD in 1982.

Launched on 25 June 2015 by the Ministry of Housing and Urban Affairs, AMRUT funds water supply, sewerage and septage management, storm water drains, urban transport and green spaces in selected cities, and AMRUT 2.0 followed on 1 October 2021 with an emphasis on recycled water and the rejuvenation of…

The Gender Inequality Index replaced the Gender Development Index and the Gender Empowerment Measure of 1995 and shows the human development cost of inequality between women and men in those three dimensions.

This form, analysed by Edward Chamberlin, keeps two features of perfect competition, a large number of firms and free entry and exit, but drops the third: each firm sells a differentiated or branded product, so it faces a downward sloping demand curve and has a little control over its own…