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Indian EconomyMediumAsked in: UPSC Civil Services · CSE Prelims 2022, GS Paper I

In India, which one of the following compiles information on industrial disputes, closures, retrenchments and lay-offs in factories employing workers ?

  1. A.Central Statistics Office
  2. B.Department for Promotion of Industry and Internal Trade
  3. C.Labour Bureau
  4. D.National Technical Manpower Information System

Correct answer

C. Labour Bureau

Explanation

The correct answer is C, Labour Bureau. The Labour Bureau, an attached office of the Ministry of Labour and Employment, collects and publishes statistics on industrial disputes, closures, retrenchments and lay-offs. Set up in 1946 and headquartered in Shimla and Chandigarh, it gathers this data from State labour departments under the Industrial Disputes Act and releases it in publications such as Indian Labour Statistics. It is also known for compiling the Consumer Price Index for Industrial Workers (CPI-IW), which is used to revise dearness allowance, and for surveys on wages and employment. Option A is wrong because the Central Statistics Office, now part of the National Statistical Office, compiles national accounts, GDP and the Index of Industrial Production. Option B is wrong because DPIIT handles industrial policy, FDI policy, intellectual property and the Wholesale Price Index through its Economic Adviser. Option D is wrong because the National Technical Manpower Information System tracked the supply and demand of engineers and technical personnel. Exam tip: Labour Bureau compiles CPI-IW and industrial dispute data; NSO compiles GDP and IIP.

Practice Questions

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Q1.Indian EconomyAsked in: CDS · CDS-I 2020, GKEasy

Saubhagya, a Government of India Scheme, relates to which of the following areas?

  1. A.Achieving universal household electrification
  2. B.Providing clean cooking fuel to poor households
  3. C.Rationalizing subsidies on LPG
  4. D.Stopping female foeticide
Show answer
Correct answer: A. Achieving universal household electrification

Saubhagya, the Pradhan Mantri Sahaj Bijli Har Ghar Yojana, was launched in 2017 to give an electricity connection to every household in India.

Q2.Indian EconomyAsked in: CDS · CDS-II 2026, GKEasy

India's reliance on imported energy exposes it to geopolitical supply shocks. In this context, what is the most likely short-term impact of a major disruption in crude oil imports?

  1. A.Decrease in inflation
  2. B.Strengthening of the rupee
  3. C.Higher input costs and inflation pressure
  4. D.Increase in exports
Show answer
Correct answer: C. Higher input costs and inflation pressure

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

Q3.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2024, GS Paper IHard

With reference to the Digital India Land Records Modernisation Programme, consider the following statements: 1. To implement the scheme, the Central Government provides 100% funding. 2. Under the Scheme, Cadastral Maps are digitised. 3. An initiative has been undertaken to transliterate the Records of Rights from local language to any of the languages recognized by the Constitution of India. Which of the statements given above are correct ?

  1. A.1 and 2 only
  2. B.2 and 3 only
  3. C.1 and 3 only
  4. D.1,2 and 3
Show answer
Correct answer: D. 1,2 and 3

All three statements about the Digital India Land Records Modernisation Programme are correct.

Q4.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2026, GS Paper IHard

With reference to different Committees in India, consider the following details : (Committee — Objective — Organization under which it was formed) 1. R.N. Malhotra Committee — Comprehensive reforms of Insurance sector in India — Insurance Regulatory and Development Authority of India 2. L.C. Gupta Committee — Preparing a roadmap for introduction of derivatives trading in India — Securities and Exchange Board of India 3. Urjit R. Patel Committee — Preparing a roadmap for reforming bank lending to the Housing sector — Reserve Bank of India 4. Y.H. Malegam Committee — Preparing a roadmap for reforms in Microfinance sector in India — Reserve Bank of India In which of the above rows are all the details correctly matched ?

  1. A.2 only
  2. B.2 and 3
  3. C.1,3 and 4
  4. D.2 and 4
Show answer
Correct answer: D. 2 and 4

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

Q5.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2016, GS Paper IEasy

Pradhan Mantri MUDRA Yojana is aimed at

  1. A.bringing the small entrepreneurs into formal financial system
  2. B.providing loans to poor farmers for cultivating particular crops
  3. C.providing pensions to old and destitute persons
  4. D.funding the voluntary organizations involved in the promotion of skill development and employment generation
Show answer
Correct answer: A. bringing the small entrepreneurs into formal financial system

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