Eco Survey (Economy Related)

Question 1

What is the world’s largest direct benefit transfer programme in case of LPG?

Answer 1

Pradhan Mantri Jan Dhan Yojan (PMJDY)

Question 2

What does the world largest DBT programme intend to do?

Answer 2

Creation of bank accounts for over 200 million people under PMJDY

Question 3

1) Number of beneficiaries in DBT LPG scheme
2) Amount being received by them & the infrastructure being created for extending JAM(Jan Dhan Aadhar Mobile) agenda to other govt programmes & subsidies

Answer 3

1) 151 million beneficiaries

2) Rs. 29,000 crore

Question 4

India’s GDP growth rate range for 2016-17

Answer 4

7 - 7.75%

Question 5

True or False
Increase in Wages and Benefits Recommended by the 7th Pay Commission are not likely to Destabilize Prices and will have little impact on Inflation ?

Answer 5

TRUE

Question 6

4R’s required to comprehensively resolve the twin balance sheet challenge of public sector banks (PSBs) & corporate houses

Answer 6

4 R : Recognition, Recapitalization, Resolution, and Reform

Question 7

Keep updating this card

CAD has declined & foreign exchange (Forex) reserve has risen to US $_________ in early Feb,2016

Answer 7

USD 351.5 billion

Question 8

Direct tax grew by____ percent in first __ months of 2015-16 while indirect taxes were also buoyant

Answer 8

10.7% in the first 9 months

Question 9

JAM Trinity (Full Form) can help govt. to implement large-scale, technology-enabled and _________ to improve economic lives of India’s poor.

Answer 9

• Jandhan, Aadhar, Mobile

* Real-time Direct Benefit Transfers (DBTs)

Question 10

Percentage decrease in leakage after JAM-PAHAL scheme of transferring LPG subsidies via DBT

Answer 10

24pc’

Question 11

ES divides JAM in three componenets:

Answer 11

1. Identification or First-Mile: Identification of beneficiaries by government
2. Transfer or Middle-Mile: Transfer of fund to beneficiaries by government
3. Access or Last-Mile: Access of fund by beneficiaries

Question 12

Service Sector: Percentage Contribution of becoming the important net foreign exchange earner & the most attractive sector for FDI (Foreign Direct Investment) inflows

Answer 12

66.1pc’ of its gross value added in 2015-16

Question 13

Country showcasing the fastest service sector growth (CAGR terms) & was followed at 2nd position by which country

Answer 13

1st: India, with 8.6pc’ growth
2nd: China at 8.4pc’

Question 14

Trade deficit (TD) declines to _____USD in April-January 2015-16 from ______USD in corresponding period 2014-15.

Answer 14

106. 8 billion US dollars

119. 6 billion US dollars