Indian Economy-An overview – Test 3

India become a member of the World Trade Organization on-

Which year did 11th Five Year Plan start?

The Eleventh Plan (2007-2012) began in very favorable circumstance with the economy having growm at the rate of ______ per year in the Tenth Plan period.

At present, in terms of agricultural production, the country holds the ___________ position all over the world.

India agriculture sector employs about ________ of the entire manpower.

In_______, Agricultural Price Commission (now rechristened as Commission for Agricultural Costs and Prices (CACP) was set up to advice the Govenment from time to time on appropriate price policies for agricultural commodities.

NAP means-

In rain fed areas it is necessary to increase water use efficiency for optimum utilization of available water and to stabilize production for which a new centrally sponsored scheme “Micro irrigation” was approved in December,-

The National Development Council (NDC), in approving the Eleventh Plan, endorsed a target of ________ GDP growth for the country as a whole.

Due to which of the following reason there was slow growth in agriculture sector?

Agriculture sector faces the problem of –

Which of the following is part of land reform?

Which of the following is part of land reform?

Abolition of intermediaries and tenancy reforms are both parts of ………

Green Revolution means –

Green Revolution started in the year 1967-68 with the growth of production in-

Industrialization involves: …………..

The new industrial policy was introduced in –

The latest industrial policy reforms have reduced the industrial licensing requirements, removed restrictions on investment and expansion, and facilitated easy access to foreign technology and foreign direct investment.

FDI means-

Main objective(s) of industrial policy of Government is/are:-

Main objective(s) of industrial policy of Government is/are:-

Which of the following statement is correct about the new Industrial Policy, 1991?

Small-scale industry under IDRA, 1951, is one with an investment up to_______in plant and machinery, excluding land and building.

According to Section 7 of Micro, Small and Medium Enterprises Development Act, 2006, in the case of industry specifies in the First Schedule to the Industries (Development and Regulation) Act, 1951 where investment in plant & machinery does not exceed 25 lakh are classified as-