Indian Economy Mixed Quiz: Set 83

After the Third Five Year Plan (1961-66) ran into trouble, India ran three one-year Annual Plans from 1966 to 1969 before the Fourth Plan began.

An option gives its buyer the right, but not the obligation, to buy or sell the underlying asset at the strike price on or before a stated date, and for this right the buyer pays a premium to the seller, who is called the writer.

When crude supply is disrupted, oil prices rise, and almost every good in India becomes costlier to make and move.

In an SIP the same sum is invested at fixed intervals, so it automatically buys more units when the NAV is low and fewer when it is high; over a full market cycle the average cost per unit therefore works out lower than a lump sum invested at a high…

A wider deficit financed by borrowing tends to push up inflation and interest rates, and higher interest rates can slow private investment.

The Act of 2019 devotes a separate chapter to it, making a manufacturer, a product seller or a product service provider liable to pay compensation for harm caused by a defective product or a deficient service, whether the defect lies in manufacture, design, the deviation from specifications, a warranty or…

Maternal health and bank account are the two indicators India added on its own, so they are not common to both indices.

It was established in 1602 by the Dutch East India Company, whose shares were traded there continuously, and it is therefore counted as the world's first stock exchange; the exchange is now part of Euronext.

Pradhan Mantri MUDRA Yojana gives collateral-free loans to small and micro business owners so that they can borrow from banks instead of moneylenders.

The Delhi Mumbai Industrial Corridor was conceived in 2006 as a project to be built with Japanese technical and financial cooperation, and Japanese agencies have funded both the Western Dedicated Freight Corridor and several of the corridor's nodes.

Mission Indradhanush is the Union Health Ministry's drive to fully immunise children and pregnant women against vaccine-preventable diseases. The mission was launched on 25 December 2014 to reach children who had missed their routine vaccines or had received them only partly, especially in districts with low coverage.

The correct answer is B, the Department for Promotion of Industry and Internal Trade, known as DPIIT, which works under the Ministry of Commerce and Industry and is the nodal department for both programmes; it also recognises startups and maintains the national single window system.

All details are right only in rows 2 and 4. The L.C.

It works under the Ministry of Statistics and Programme Implementation, gathers production returns from more than a dozen source agencies spread across ministries, and publishes the IIP every month as a Quick Estimate that is revised as fuller data come in.

A Participatory Note, or P-Note, lets a foreign investor gain exposure to Indian shares through an FPI that is registered with SEBI, without registering in India itself.

The World Intellectual Property Organization was set up by a convention signed in 1967, became a specialised agency of the United Nations in 1974, and has its headquarters at Geneva in Switzerland, where it administers the Paris and Berne Conventions, the Patent Cooperation Treaty and the Madrid system.

The Occupational Safety, Health and Working Conditions Code, 2020 brought together the Factories Act, 1948, the Plantations Labour Act, 1951 and other laws on safety and working conditions.

Pradhan Mantri Gram Sadak Yojana, launched on 25 December 2000, is the oldest of the four schemes. PMGSY was started to give all-weather road connectivity to unconnected rural habitations, and it is fully centrally sponsored.

India is not a member of the G7; it attends some summits only as an invited guest country. The Group of Seven is an informal grouping of seven major advanced economies: the United States, the United Kingdom, France, Germany, Italy, Japan and Canada.

The scheme tells farmers what their soil lacks so that they apply only the fertilizer it needs.