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Indian EconomyMediumAsked in: NDA · NDA-I 2025, GAT

Which one among the following is NOT included in the National Food Security Mission Commercial Crops (NFSM-CC)?

  1. A.Cotton
  2. B.Coffee
  3. C.Jute
  4. D.Sugar cane

Correct answer

B. Coffee

Explanation

The correct answer is B, Coffee. The commercial-crops component of the National Food Security Mission covers cotton, jute and sugarcane, while coffee is a plantation crop handled by the Coffee Board. The National Food Security Mission began in 2007-08 to raise the output of rice, wheat and pulses through better seeds, demonstrations and farm machinery, and it later added coarse cereals and nutri-cereals. From 2014-15 a separate commercial-crops part, NFSM-CC, was added to improve the yield of cotton, jute and sugarcane through front-line demonstrations and training run with research institutes. Coffee, tea, rubber and spices come under commodity boards of the Ministry of Commerce, not this mission. Option A is wrong because cotton is one of the three NFSM-CC crops. Option C is wrong because jute is covered too, with its fibre-quality programmes. Option D is wrong because sugarcane is the third crop of the component. Exam tip: NFSM-CC = cotton, jute, sugarcane; plantation crops = commodity boards.

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Q1.Indian EconomyAsked in: CDS · CDS-II 2018, GKHard

The Fourteenth Finance Commission assigned different weights to the following parameters for distribution of tax proceeds to the States :

1. Income distance

2. Population

3. Demographic changes

4. Area

Arrange the aforesaid parameters in descending order in terms of their weights.

  1. A.1-2-3-4
  2. B.1-2-4-3
  3. C.1-3-2-4
  4. D.4-3-2-1
Show answer
Correct answer: B. 1-2-4-3

Income distance had the highest weight, followed by population, area and demographic change. The Fourteenth Finance Commission, chaired by Y.V.

Q2.Indian EconomyAsked in: CDS · CDS-II 2024, GKHard

Which one of the following statements for a firm's equilibrium in Perfect Competition is not correct ?

  1. A.The market price must be greater or equal to average variable cost in the short run.
  2. B.The market price must be equal to marginal cost.
  3. C.The market price must be equal to average cost in the long run.
  4. D.The marginal cost decreases at the equilibrium output.
Show answer
Correct answer: D. The marginal cost decreases at the equilibrium output.

This statement is not correct, because at the equilibrium of a competitive firm marginal cost must be rising. A firm in perfect competition is a price taker, so the price it gets equals its marginal revenue.

Q4.Indian EconomyAsked in: CDS · CDS-II 2024, GKEasy

Which of the following is not included in the Capital Account of the Balance of Payments of a country?

  1. A.Foreign Direct Investment
  2. B.Commercial Borrowing
  3. C.Invisibles
  4. D.External Assistance
Show answer
Correct answer: C. Invisibles

Invisibles are part of the current account of the balance of payments, not the capital account. The balance of payments records all of a country's transactions with the rest of the world and has two main parts.

Q5.Indian EconomyAsked in: CDS · CDS-II 2024, GKEasy

Which one among the following was the focus of the Twelfth Five-Year Plan?

  1. A.Sustainable and Inclusive Growth
  2. B.Social Justice and Equality
  3. C.Food, Work and Productivity
  4. D.Attainment of Self-reliance
Show answer
Correct answer: A. Sustainable and Inclusive Growth

The Twelfth Five-Year Plan (2012-17) had the theme "Faster, More Inclusive and Sustainable Growth". It continued the inclusive-growth idea of the Eleventh Plan (2007-12), whose theme was "Towards Faster and More Inclusive Growth", and added sustainability as a stated goal.