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GK MCQs Section

Page-7 of GS-III: Economy & Economic Development

Many opine that the process of Industrial development in India remained "growth oriented"and not "development oriented"during planning era. To what extent you agree with this view. Examine.

Hint: The process of industrial development in India remained confined to few states such as Maharashtra, Gujarat and Tamil Nadu neglecting major states and thus; it didn’t do...

April 18, 2024

Critically examine the structural transformation in the Industrial Sector of India since independence.

Contribution to GDP The contribution to GDP of the country changed in all the three sectors primary, secondary and tertiary of the economy. Industrial growth pattern Shift in...

April 18, 2024

Throw light on the functions and importance of food processing while differentiating the primary, secondary and tertiary processing.

Food processing refers to the transformation of agricultural products into consumable products, of different forms. It includes many forms of processing foods, like grinding grain to make raw...

April 17, 2024

The negative consequences of input-intensive and unsustainable agricultural practices in India can be nullified by transitioning to Low External Input Sustainable Agriculture (LEISA). Discuss.

The Green revolution catalyzed heavy use of chemical fertilizers, pesticides, herbicides, as well as water. Indian food security improved, yet there has been degradation of ecology and increasing...

April 17, 2024

In view of the upcoming introduction of CBDC (Central Bank Digital Currency) by RBI, discuss its concept, advantages and associated challenges.

The Reserve Bank of India has presented a concept paper on various issues related to introduction of CBDC in the country. The RBI is likely to introduce it...

April 17, 2024

Discuss the Industrial Policy in India immediately before independence. What role was played by ideals of Indian constitution in framing the Industrial Policy of the newly independent nation? Examine.

After the attainment of independence, the Government of India declared its first Industrial Policy on 6th April 1948.  The Industrial Policy 1948 was presented in the parliament by...

April 15, 2024

One of the pillars of the 1956 Industrial Policy was to check concentration of economic power in few individuals, groups or business houses. To what extent this policy was able to achieve this? Examine.

Hint: Industrial licensing policy was laid down under industrial development and regulation act 1951. The act made it mandatory for the central government’s permission for establishing a new...

April 12, 2024

Mega food parks could have been a game changer for the food processing sector in India, however they have not been able to achieve their potential so far. Discuss.

Mega food parks are based on hub and spoke model, integrating farms with food processing structures to provide vital linkages. Considered game changer: Better price at farm gates....

April 12, 2024

"The licensing policy was a conflict of objectives."Justify while throwing light on gradual reforms done in Industrial Licensing in India.

Hint: The major objectives behind Industrial policy 1956 were to reduce rural-urban divide, imbalance growth and other problems. But, the policy failed in their achievements due to several...

April 10, 2024

"Coal mines were nationalized because of the shortcomings in the way it was run by private parties."In the light of the above statement, critically discuss the implications of the enabling provisions made in Coal Mines (Special Provisions) Act, 2015 towards commercial mining of coal in India.

The Coal Mines special provision act 2015 allows government to allocate mines on competitive bidding for optimum utilization of coal resources. But, since there is no end use...

April 9, 2024

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