UPSC Prelims Mini Mock Test: 265

With reference to the National Project on Organic Farming (NPOF), consider the following objectives:

1. Financial support for the production of biofertilizers
2. Training and certification on organic farming practices
3. Development of organic farming standards

Which of the above is / are included under the major objectives of the NPOF?

Which of the following statements is/are correct regarding Minimum Alternate Tax (MAT)?

1. Foreign companies with income sources in India are liable under MAT
2. It is not applicable to infrastructure and power sectors
3. MP Shah committee was set up to review MAT issue

Select the correct answer from the codes given below:

Consider the following statements about the Non-Banking Financial Company (NBFC):

1. It is a company registered under the Companies Act, 1956
2. It cannot accept demand deposits
3. It does not form part of the payment and settlement system
4. Deposit Insurance and Credit Guarantee Corporation are not available to depositors of NBFC

Which of the above statements is/are correct?

Consider the following statements about the Price Stabilisation Fund (PSF) Scheme:

1. It aims to control the price of perishable agri-horticultural commodities
2. The fund is managed by NABARD

Which of the above statements is/are correct?

As of 2025, the Government of India has established Export Promotion Councils (EPCs) for which of the following sectors:

1. Pharmaceuticals
2. Cashew
3. Carpet

Select the correct option from the codes given below: