Q. Which of the following correctly explains thatIndia is an underdeveloped economy? 1. Inequitable distribution of income 2. High dependency ratio 3. Slower rate of increase in national income 4. Change in banking and financial sector Select the correct answer using the codes given below: (a) 1, 3 and 4 (b) 1, 2 and 4 […]
Q. It will be true to classify India as? (a) A food-deficit economy (b) A labour-surplus economy (c) A trade-surplus economy (d) A capital-surplus economy Answer: b India is classified as a labour-surplus economy because ofits large population and with an unlimited number of workerswilling to work at a subsistence wage. India is projected tohave
Q. Which of the following is main characterstics of Indian Economy? (a) Capitalist economy (b) Socialist economy (c) Mixed economy (d) None of the above Answer: c Read more: Must Read Books for Competitive Exams Indian economy is a prominent example of mixed economy. Amixed economic system is a system that combines aspects ofboth capitalism and
Q. “Golden Revolution” is responsible for the development of which of the following agricultural sectors in India? “स्वर्ण क्रांति” भारत में निम्नलिखित में से किस कृषि क्षेत्र में विकास के लिए जिम्मेदार है ? (A) Horticulture (B) Potato production (C) Petroleum production (D) Oilseed production Answer: A Honey production and horticulture are linked to the
Q. Who approves the Fair and Remunerative Price (FRP) of sugarcane? (A) Directorate of Marketing and Inspection, Ministry of Agriculture (B) National Sugar Institute, Kanpur (C) Cabinet Committee on Economic Affairs (D) Commission for Agricultural Costs and Prices Answer: C Cabinet Committee on Economic Affairs. The proposal in respect of determination of ‘Fair and Remunerative
NABARD Grade A Exam Analysis 2023, Prelims 16th October 2023, All Shifts: NABARD Grade A Exam Analysis 2023 for Prelims Exam conducted on 16th October 2023 will be discussed here with section-wise good attempts, questions asked, and difficulty level. Today, the National Bank for Agriculture and Rural Development (NABARD) has conducted the NABARD Grade A
The Coffee Board of India is an organisation managed by the Ministry of Commerce and Industry, Government of India to promote coffee production in India. The Coffee Board of India was established by an act of Parliament in 1942. Until 1995 the Coffee Board marketed the coffee of a pooled supply. Later, coffee marketing became
India is one of the largest tea producers in the world, although over 70 percent of its tea is consumed within India itself. A number of renowned teas, such as Assam and Darjeeling, also grow exclusively in India. The Indian tea industry has grown to own many global tea brands and has evolved into one