Skip to content
GK24
Prime
Indian EconomyMediumAsked in: NDA · NDA-I 2026, GAT

PM MITRA Parks relate to which one of the following industries?

  1. A.Automobile
  2. B.Shipbuilding
  3. C.Textile
  4. D.Pottery

Correct answer

C. Textile

Explanation

The correct answer is C, Textile. PM MITRA stands for PM Mega Integrated Textile Region and Apparel Parks, a scheme of the Ministry of Textiles to build large, world-class textile parks.

The scheme was announced in the Union Budget of 2021-22 and follows the '5F' vision of Farm to Fibre to Factory to Fashion to Foreign. Each park brings the whole textile value chain, from spinning and weaving to processing, dyeing, printing and garment making, to one place with common infrastructure, so that costs fall and exports become more competitive. Seven parks were approved, in Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh and Maharashtra, and they are developed by a special purpose vehicle owned by the Centre and the State.

A is wrong: the automobile sector is supported by the production-linked incentive scheme for automobiles and auto components, not PM MITRA. B is wrong: shipbuilding has its own financial assistance policy. D is wrong: pottery and other crafts are helped through the Khadi and Village Industries Commission and the PM Vishwakarma scheme.

Exam tip: PM MITRA = textile parks, 5F vision (Farm-Fibre-Factory-Fashion-Foreign), seven parks in seven states.

Practice Questions

View all
Q1.Indian EconomyAsked in: NDA · NDA-I 2022, GATEasy

Who among the following is the Chairperson of the Goods and Services Tax Council?

  1. A.The Prime Minister of India
  2. B.The Union Finance Minister
  3. C.The Speaker of the Lok Sabha
  4. D.The President of India
Show answer
Correct answer: B. The Union Finance Minister

Under Article 279A of the Constitution, the Union Finance Minister is the Chairperson of the GST Council. Article 279A was added by the Constitution (One Hundred and First Amendment) Act, 2016, which brought in the Goods and Services Tax.

Q2.Indian EconomyAsked in: NDA · NDA-I 2017, GATMedium

Which one among the following countries is the largest trading partner of India in external trade for the year 2015-2016 ?

  1. A.United States of America
  2. B.United Kingdom
  3. C.United Arab Emirates
  4. D.China
Show answer
Correct answer: D. China

In 2015-16 China was India's largest trading partner by total trade, that is exports plus imports. India's trade with China that year was about US$ 70 billion, but most of it was imports of electronics, machinery and chemicals, so India ran its largest bilateral trade deficit with China.

Q3.Indian EconomyAsked in: CDS · CDS-II 2024, GKHard

The Rangarajan Committee methodology for determining the poverty line incorporated which of the following ? 1. A food component 2. A normative level of expenditure for essential non-food items 3. A behaviourally determined expenditure for other non-food items Select the answer using the code given below :

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

The Rangarajan Committee built its poverty line basket from all three parts named in the question. The expert group headed by C. Rangarajan was set up in 2012 and reported in 2014, to review the Tendulkar method.

Q4.Indian EconomyAsked in: NDA · NDA-I 2026, GATEasy

The Atal Innovation Mission (AIM) is set up by the

  1. A.Department of Science and Technology, Government of India
  2. B.NITI Aayog
  3. C.Ministry of Statistics and Programme Implementation, Government of India
  4. D.Ministry of Corporate Affairs, Government of India
Show answer
Correct answer: B. NITI Aayog

The Atal Innovation Mission (AIM) was set up by NITI Aayog in 2016 as the Government of India's flagship programme to promote innovation and entrepreneurship.