Current Affairs

GK MCQs Section

Page-38 of GS-III: Economy & Economic Development

What are the UNDP indicators with reference to the planning process?

The United Nations Development Programme presented its 12th Annual Report in New Delhi in July, 2001. This report was based on making new techniques for development. The Human...

August 27, 2023

How Indian Economy has fared in the second quarter?

The Central Statistics Office (CSO) under the Ministry of Statistics and Programme Implementation has released the estimates of Gross Domestic Product (GDP) for the second quarter (July-September) Q2 of 2018-19....

August 25, 2023

To what extent the establishment of District Mineral Foundations (DMFs) is capable to alleviate the problems of the people living in mining affected areas? Examine in the light of recently amended Mines and Minerals Act.

Model Answer: Mines & Minerals (Development & Regulation) Amendment Act, 2015,  mandates establishment of District Mineral Foundations (DMFs) in all mining districts of the country by state governments....

August 24, 2023

“ICT has many potential applications in delivering agricultural extension and can bring new information services to rural areas.”Discuss

The potential of information & communication technology could play a crucial role in delivering agricultural extension and can bring new information services to rural areas. Precision farming is...

August 23, 2023

"The business model of the small finance banks is such that they are aimed to serve the small borrowers."Discuss differentiating them from Payment banks.

If we examine the business model of small finance banks and payment banks, we find that the Small Finance Banks model is for local players or niche players. For example,...

August 22, 2023

While putting latest budget figures in focus, examine the role of Income Tax in overall revenue mobilization. In the light of these figures, do you agree with the view that time has come to abolish the personal income-tax?

As per Economic survey only around 5.5% of earning Indians pay taxes. Due to this the taxpayers to voters ratio is around 4%, making India a poor performer...

August 22, 2023

There has been a paradigm shift in India's economic conditions and cropping patterns in last few decades. Critically discuss why there is an upward trend in horticulture production while downward trend in food grains production? Is it an opportunity or threat?

For the last few years, the horticultutual production in the country has outstripped the food grains output. Currently, horticulture is contributing over one third fraction of India’s agriculture...

August 22, 2023

The growth of servitisation" in recent years essentially demands that the government should redefine the term "industry"in its future Industrial Policy." Discuss.

Servitization is a business strategy adopted by manufacturers to provide service component along with traditional products as a package. This is a business mechanism of creating value by...

August 20, 2023

While analyzing the issues and challenges for the handloom industry, discuss the policy initiatives taken by the government towards its protection.|

Indian handloom sector is ancient and has served the economy well in terms of employment. Handloom industry is one of the largest cottage industry in the country. The...

August 20, 2023

Discuss the role played by Fisher Friend Project, mKrishi and other Mobile based initiatives towards Indian Agriculture.

Hint: Fisher Friend Project used mobiles to provide vital livelihood information to fisher folks of Tamil Nadu and Pondicherry. MKisan Application has been designed and developed by in-house...

August 18, 2023

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