CURRENT CHALLENGES FACING INDIAN ECONOMY

The primary objective of NABARD is to:

• (A) Provide low-interest loans to large-scale industries.

• (B) Promote rural development by enhancing credit facilities for rural areas.

• (C) Fund large-scale agricultural projects in urban areas.

• (D) Provide direct subsidies to farmers.

Which of the following is a major challenge in rural marketing?

• (A) Homogeneous demand across all rural regions

• (B) Low distribution costs

• (C) Lack of proper infrastructure

• (D) High purchasing power of rural consumers

What is the primary goal of agricultural diversification?

• A) To increase production of a single crop

• B) To reduce dependence on a single crop

• C) To increase the use of chemical fertilizers

• D) To promote organic farming

What is the primary goal of organic farming?

• A) To increase crop yields

• B) To reduce the use of synthetic fertilizers and pesticides

• C) To promote the use of genetically modified organisms (GMOs)

• D) To reduce the cost of farming

The newly emerging jobs are found mostly in the

• (a) service

• (b) manufacturing

• (c) agriculture

• (d) All of these

Choose the correct option:

Assertion(A) :The government has taken up initiatives in generating employment opportunities particularly in the rural area.

Reason (R): In the last few decades, there has been rapid growth in the gross domestic product, but without simultaneous increase in employment opportunities.

• (a) A and B are true and R explains A

• (b) A and B are true and R does not explain A

• (c) A is true but R is false

• (d) A is false but R is true

Choose the correct option:

Statement- I: It While estimating the number of workers, all those who are engaged in economic activities are included as employed.

Statement-II: During 2017-18. India had about a 471 million strong workforce.

• (a) Both the statements are true.

• (b) Both The Statement are false

• (c) Statement-I is true, Statement-2 is false.

• (d) Statement 2 is true , Statement 1 is false

Choose the correct option

Statement I. The nature of employment has become more informal with only limited availability of social security measures to the worker.

Statement 2: Through various schemes and policies, the government takes initiatives to generate employment directly only.

• (a) Statement 1 is true and Statement 2 is false.

• (b) Statement 1 is false and Statement 2 is true.

• (c) Both statements 1 and 2 are true

• (d) Both statements 1 and 2 are false.

“Amazon” in India has hired 4000 graduate students." The given statement deals with sector employment.

• (a) Formal

• (b) Informal

• (c) Rural

• (d) Urban

What is meant by sustainable development?

• a) Growth that satisfies current demands without jeopardising future generation‟s ability to fulfil their own needs.

• b) Conserve mineral wealth and explore alternative energy sources while decreasing pollution and environmental impact.

• c) It is the process of creating land and building projects in such a way that they have a lower environmental effect.

• d) All the preceding