Indian Economy Quiz: Revision | 25 July, 2021

“Uruguay Round” negotiations are related to which of the following institution?

Consider the following statements regarding Indian Food processing sector:
1. India enjoys a ‘competitive advantage’ in food processing sector.
2. National Mission on Food Processing (NMFP) was launched as a centrally sponsored scheme to tap the potential food processing sector.
Which of the statements given above is/are correct?

Consider the following statements regarding Intensive Agriculture District Programme (IADP):
1. It is also known as package programme which is launched throughout India in 1960.
2. The major objective of the programme is to increase agriculture production.
Which of the statements given above is/are correct?

Consider the following statements regarding International Centre for Settlement of Investment Disputes (ICSID):
1. It was set up in 1966 is an investment dispute settlement body whose decisions are binding on the parties.
2. India is not a member of ICSID.
Which of the statements given above is/are correct?

Consider the following statements regarding Twenty Point Programme (TPP):
1. It is a central plan launched during Jawaharlal Nehru period.
2. The basic objective was of the plan is to improving the quality of life of the people those living below the poverty line.
Which of the statements given above is/are correct?

Which of the following International Institution releases the International Debt Statistics?

Which of the following is/are the initiatives of Industrial policy resolution 1980?
1. Liberal attitude followed towards the expansion of private industries.
2. The ‘MRTP Limit’ was revised upward to Rs. 50 crore to promote setting of bigger companies
Select the correct answer using the codes given below:

Which of the following parameter is NOT part of Ease of Doing Business of World Bank?

Which of the following subsidies is/are NOT covered under Amber Box of WTO?
1. Minimum support price.
2. Direct help to production related activities.
Select the correct answer using the codes given below: