Question: 11 -
Which bank is limited to the needs of agriculture and rural finance ?
-
RBI
-
SBI
-
NABARD
-
IFC
Answer:
NABARD
Solution:
National Bank for Agriculture and Rural Development (NABARD) was established on 12 July 1982 by a special act by the parliament and its main focus was to uplift rural India by increasing the credit flow for elevation of agriculture & rural non-farm sector.
It has been accredited with “matters concerning policy, planning and operations in the field of credit for agriculture and other economic activities in rural areas in India”.
National Bank for Agriculture and Rural Development (NABARD) was established on 12 July 1982 by a special act by the parliament and its main focus was to uplift rural India by increasing the credit flow for elevation of agriculture & rural non-farm sector.
It has been accredited with “matters concerning policy, planning and operations in the field of credit for agriculture and other economic activities in rural areas in India”.
Question: 12 -
Which Five Year Plan is not correct among the following ?
-
Fouth 1966-71
-
Third 1961-66
-
First 1951-56
-
Second 1956-61
Answer:
Fouth 1966-71
Solution:
The time period of Fourth Five Year Plan was 1969- 1974. Three annual plans preceded it.
The time period of Fourth Five Year Plan was 1969- 1974. Three annual plans preceded it.
Question: 13 -
Per capita income is obtained by dividing National Income by
-
Total population of the country
-
Area of the country
-
Total working population
-
Volume of capital used
Answer:
Total population of the country
Solution:
Per capita income or average income or income per person is the mean income within an economic aggregate, such as a country or city.
It is calculated by taking a measure of all sources of income in the aggregate (such as GDP or Gross National Income) and dividing it by the total population.
Per capita income or average income or income per person is the mean income within an economic aggregate, such as a country or city.
It is calculated by taking a measure of all sources of income in the aggregate (such as GDP or Gross National Income) and dividing it by the total population.
Question: 14 -
HRIDAY scheme launched by Urban Development Ministry aims at
-
Urban sewage treatment
-
Development of heritage sites
-
Development of smart cities
-
Education of girl child
Answer:
Development of heritage sites
Solution:
National Heritage City Development and Augmentation Yojana (HRIDAY) was launched on 21 January 2015 with the aim of bringing together urban planning, economic growth and heritage conservation in an inclusive manner to preserve the heritage character of each Heritage City.
The Scheme shall support the development of core heritage infrastructure projects for heritage assets such as monuments, Ghats, temples etc. along with reviving certain intangible assets.
National Heritage City Development and Augmentation Yojana (HRIDAY) was launched on 21 January 2015 with the aim of bringing together urban planning, economic growth and heritage conservation in an inclusive manner to preserve the heritage character of each Heritage City.
The Scheme shall support the development of core heritage infrastructure projects for heritage assets such as monuments, Ghats, temples etc. along with reviving certain intangible assets.
Question: 15 -
The most appropriate measure of a country’s economic growth is its
-
Net Domestic Product
-
Gross Domestic Product
-
Net National Product
-
Per capita Real Income
Answer:
Per capita Real Income
Solution:
The most appropriate measure of a country’s economic growth is its per capita real income.
Per capita income is average income, a measure of the wealth of the population of a nation. It is used to measure a country’s standard of living thus a better indicator of economic growth.
The most appropriate measure of a country’s economic growth is its per capita real income.
Per capita income is average income, a measure of the wealth of the population of a nation. It is used to measure a country’s standard of living thus a better indicator of economic growth.