Practice Movk

Question 1

Process of using mental shortcuts to arrive addresses at decisions. Solve problems and make judgements quickly and efficiency. These rule of thumb strategies short and diseases making time .
The process is?

Answer 1

Heuristic decision making

By Herbert A. Simon in 1950s.

Question 2

Highest GSDP in india?

Answer 2

1. Maharashtra $366.67 billion

Mumbai is also known as economic capital of the country.

2. Tamilnadu
3. Gujrat

Richest states in India

Question 3

Indian government pass the order to merge the NSSO with the cso to form the NSO full stop the government stated that the NSO will be headed by

Answer 3

Ministry of statistics and program implementation

Question 4

Agriculture and the allied sector 22 to be the most resilient to the coconut in short as it registered a growth of 3.6% in 2020 hip and 21 and improve to 3.9% in 2021 high 1022

The overall India’s economy real GDP expansion of 9.2% in 2021-22.

Answer 4

Growth in the allied sector is the line with the recommendation of the committee on doubling farmers income.

Agriculture light sector is the largest employee of the work for sensitive 18.8% in GVA of the country.

Question 5

Which committee recommended the new monetary policy framework?

Answer 5

Urjit Patel committee

made in 2016 towards flexible inflation targeting in a 6 member monetary policy committee was constituted for setting the policy repo rate.

Question 6

Nodal ministry for implementation of MGNREGA ?

Answer 6

M o Rural Development.

2005

100 days of employment

Question 7

Government announce extension of its schemes for employment generation

PM employment generation program PMEGP(2008-09)

over the 15th finance commission cycle from 2021-22 to 2025-26 with an outlay of

Answer 7

13,554.42 crore.

Modification such as
* increasing the maximum financial assistance from existing 25,00,000 to rupees 50 lakh to enterpreneur for setting up new manufacturing units and

• from existing rupees 10 lakh to rupees 20 lakh for new service units.

Khadi and village industries commission KVIC is the model agency of the scheme.

Under MSME ministry

Question 8

NRLM provides revolving fund to self help groups of______ as Corpus to make the members credit needs directly and as catalytic capital for leverageing repeat Bank finance.

Answer 8

10000 to 15000

Community investment fund as seed capital to self help group federations at cluster level to meet credit meets of the member .
Revolving fund has been practicing panchSutra
1. regular meeting
2. regular saving
3. regular interloaning
4. timely repayment
5. up to date Book of accounts.

Vulnerability reduction fund to self helpful federation at village level to address vulnerability health securities , food security, etc

Question 9

As per yes economic survey India’s external that rose to _____ at September 2021 from US dollar 556.8 billion a year earlier, reflecting additional SDR allocation by IMF coupled with higher commercial borrowing.

Answer 9

US $ 593.1. billion

Foreign exchange reserve crossed US dollar 600 billion in the first half of 20 21 high film 22 and touched US dollar 633.6 billions as on December 31st dec, 2021.

In nov 2021 , India was the fourth largest forex reserve holder in the world after China Japan and Switzerland.

Question 10

As per budget 2022-23______. Of direct payment was made to 1.63 crore farmers for procurement of wheat and paddy.

Answer 10

2.37 lakh crore

Nabard to facilitate fund with blended capital to finance startups for agriculture and rural enterprise.

Question 11

Ken betwa link project

Answer 11

1400 crore outlay for implementation of the Ken betwa link project

9.08 lakh hectares of farmers land to receive irrigation benefits by Ken betwa link project.

Question 12

The global multidemensonal poverty index is released by

Answer 12

Oxford poverty with

human development initiative and UN development program.

Global multi dimensional poverty index is an international measure of acute multi dimensional poverty covering over 100 developing countries.

It compliment traditional monetary poverty measures by capturing the acute deprivation in health education and leaving standard that a person faces simultaneously.

Question 13

Category of unemployment arising from the mismatch between the jobs available in the market and skills of available workers in the market.

Answer 13

Structural unemployment

Disguised unemployment
Seasonal unemployment
Cyclical unemployment
Technological unemployment
Frictional unemployment
Vulnerable unemployment

Question 14

Nirmala sitharaman inaugurated a project “My pad, my right” initiated by NABARD and NABFoundation at killa village in which district

Answer 14

Killa village, Gomati district.

Question 15

National panchayati Raj day

Answer 15

24th April

Question 16

National social assistance programme Central scheme of the Government of India provide financial assistance to the elderly widows and person with disabilities in the form of social pensions.

Answer 16

NSAP stands for National social assistance program and was launched on 15th August 1995.

NSAP represent a significant step towards fullfillment of the directive principles in article 41 and 42 of the constitution recognising the concurrent responsibility of the centre and state government in the matter.

On 1st April 2000 a new scheme known as annpurna scheme was launched. This scheme aimed at providing food security to meet the requirement of those senior citizens who the eligible have remained uncovered under the NOAPS.

In February 2009 to schemes known as Indira Gandhi National widow pension scheme and Indira Gandhi National disability pension scheme were introduced.

Question 17

Presently National social assistance program comprises of five schemes namely

Answer 17

1. Indira Gandhi National old age pension scheme 2. Indira Gandhi National widow pension scheme 3. Indira Gandhi National disability pension scheme
2. National family benefits scheme and
3. Annapurna.

Question 18

Pradhanmantri vaya Vandana Yojana

Answer 18

Is a pension scheme announced by Goi exclusively for senior citizens age 60 years

Scheme is now extended up to 31st March 2023 for the period of 3 years beyond 31st March 2020

For financial 2021-22 scheme provided an assured pension of 7.40% per annum payable monthly.

This assured rate of pension shall be payable for the full policy term of 10 years for all the policy is purchased till 31st March 2022.

This scheme is exempted from GST.

Loan up to 75% of purchased by shall be allowed after three policy years.

On death of the pensioner during the policy term of 10 years the purchase price shall be paid to the beneficiary.

Question 19

Periodic Labour Force survey

Answer 19

2019-20 was 4.8%

2020-21 is 4.2 %

Those working or seeking or available for work in the level force was the highest in 4 years as 39.3% in 2020-21 as was the worker population ratio at 36.3%.

Question 20

Census 2021 was postponed owing to the outbreak of COVID 19. Census 2021 represents which edition of census in India?

Answer 20

16th edition census 2021

It will be the first digital census also with the provision for self enumeration.

For the first time that information of household headed by a person from the transgender community and members living in the family will be collected

Question 21

As per SECC 2011, how many households in rural areas are landless deriving a major part of their income from manual labour?

Answer 21

5.37 crore

29.97% household

in rural areas are landless driving a major part of their income from manual labour.

Question 22

Which committee was set up to provide recommendation for doubling farmers income DFI by 2020?

Answer 22

Ashok dalvai

DFI strategy as recommended by the committee including 7 sources of income growth;
1. improvement in crop productivity
2. improvement in livestock productivity
3. resource use efficiency or savings in the cost of production
4. increase in the cropping intensity
5. diversification towards high value crops
6. improvement in the real prices received by farmers
7. Shift from farm to non farm occupations.

An intermistrial committee in April 2016 to examine issue related to DFI under leadership of Ashok dalwai.