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EconomyEasy

The Khadi and Village Industries Commission (KVIC) works under which Union ministry?

  1. A.Ministry of Textiles
  2. B.Ministry of Rural Development
  3. C.Ministry of Micro, Small and Medium Enterprises
  4. D.Ministry of Commerce and Industry

Correct answer

C. Ministry of Micro, Small and Medium Enterprises

Explanation

The correct answer is the Ministry of Micro, Small and Medium Enterprises. KVIC is the commission placed under that ministry, and its chairman Manoj Goel spoke in that capacity when he put the khadi and village industries sector's turnover above Rs 1.87 lakh crore with employment of more than 2.04 crore people. Option A is wrong: although khadi is a handspun cloth, the commission that promotes it is not a body of the Ministry of Textiles. Option B is wrong because the Ministry of Rural Development runs rural livelihood and employment programmes but does not house KVIC, even though the commission's work strengthens the village economy. Option D is wrong because the Ministry of Commerce and Industry deals with trade and industrial policy rather than this commission. The pairing of KVIC with the MSME ministry is a frequently asked static fact, and it is worth remembering along with the name of the sitting chairman.

Read the full article: KVIC Puts Khadi Sector Turnover Above 1.87 Lakh Crore

Q1.EconomyEasy

What was the turnover of India's khadi and village industries sector in the 2025-26 financial year, as stated by KVIC?

  1. A.More than Rs 1.34 lakh crore
  2. B.More than Rs 1.87 lakh crore
  3. C.More than Rs 2.04 lakh crore
  4. D.More than Rs 2.51 lakh crore
Show answer
Correct answer: B. More than Rs 1.87 lakh crore

The Khadi and Village Industries Commission said the sector's turnover crossed that mark in the 2025-26 financial year, and that the same year it gave work to more than 2.04 crore people.

Q4.EconomyMedium

In which block and district is the Integrated Manufacturing Cluster of about 1,670 acres located?

  1. A.Barachatti block, Nawada district
  2. B.Dobhi block, Gaya district
  3. C.Bihta block, Patna district
  4. D.Dhobi block, Jehanabad district
Show answer
Correct answer: B. Dobhi block, Gaya district

Its location is convenient for industry because it lies close to National Highways 22 and 19 and Gaya airport is roughly 39 kilometres away, giving access to major industrial and commercial centres.

Q5.EconomyMedium

BIMCGL is a joint venture between which two bodies?

  1. A.BIADA and the National Industrial Corridor Development and Implementation Trust
  2. B.BIADA and the Bihar State Industrial Development Bank
  3. C.NICDC and the Gaya Municipal Corporation
  4. D.NITI Aayog and the Bihar Chamber of Commerce
Show answer
Correct answer: A. BIADA and the National Industrial Corridor Development and Implementation Trust

BIMCGL was incorporated on 6 January 2025 as the dedicated implementing agency for the Gaya cluster and will handle coordinated planning, infrastructure work, statutory clearances, utility connectivity and investor facilitation.