Current Affairs

GK MCQs Section

Page-41 of GS-III: Economy & Economic Development

As most steps taken so far to fight the problem of non-performing assets in banks fail, the idea of a Public Sector Asset Rehabilitation Agency (PARA) seems to be promising as well as optimistic. Do you agree? Argue.

Non Performing Assets have been rising since past years and have reached 9.2% of all bank loans. In wake of dismissal performance of other debt resolution mechanism like...

August 1, 2023

Assess the significance of coastal regions in the economic development of India.

The total coastal length of the Indian mainland is about 7517 kilometers. A total of 9 states of the Indian mainland has a coastline i.e. Gujarat, Maharashtra, Tamil...

August 1, 2023

Both demand and supply of agriculture produce are inelastic."Explain throwing light on importance of agricultural marketing in India.

Hint: When the quantity bought doesn’t change as much as the price does; the demand is inelastic. Similarly, when the quantity supplied does not change as much as...

July 27, 2023

"Agricultural produce undergoes a series of exchanges from one hand to another before it finally reaches the consumer."With this reference discuss the facilities needed for efficient agricultural marketing?

Hint: The following basic facilities are required by a farmer. Proper storing facilities. Holding capacity – to wait till best prices are fetched. Adequate and cheap transport facilities...

July 26, 2023

Government has mandated all indigenous producers of Urea to produce 100% of urea as Need coated urea only. What are advantages of Need Coated Urea? Examine.

Hint: Neem coating leads to more gradual release of urea, helping plants gain more nutrients and resulting in higher yields. Lower underground water contamination due to leaching of...

July 26, 2023

What do you understand by precision Farming? Discuss the key challenges to Precision Farming in India.

Precision Farming is the precise application of agricultural inputs based on soil, weather, and crop requirement in order to enhance sustainable productivity, quality, and profitability.  It uses the...

July 26, 2023

Present a roadmap for improving farm productivity and profitability in perpetuity without ecological harm in India.

The improvement of farm productivity and profitability in perpetuity without ecological harm implies meeting society’s present food and textile needs, without affecting the ability for current or future...

July 25, 2023

What is drip irrigation? Why is it considered the most efficient method of irrigation?

India’s irrigated area accounts for nearly 49% of the total agricultural land. The remaining 51% is rainfed and don’t have any irrigation Infrastructure. Micro-irrigation Micro-irrigation is a type...

July 24, 2023

What is Plant variety Protection? Examine the role of Pressure Groups and NGOs in ensuring the Farmer's Rights in the legislation of Protection of Plant Varieties and Farmer's Rights Act 2001.

The breeding activities and exploitation of new varieties are the decisive factors for improving rural income and their overall economic development. Since the process of plant breeding is...

July 24, 2023

“The Cost Risk structure in Indian agriculture must be paid attention while framing policies.” Discuss.

The agriculture practice in India has been there since the time of the Indus Valley Civilization. About 50% of the workforce in India is associated with agricultural sectors...

July 23, 2023

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