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Why was public sector given a leading role in industrial development during the planning period?
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Though public sector is very essential for industries, many public sector undertakings incur huge losses and are a drain on the economy’s resources. Discuss the usefulness of public sector undertakings in the light of this fact.
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Explain how import substitution can protect domestic industry.
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Why and how was private sector regulated under the IPR 1956?
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‘Information technology plays a very significant role in achieving sustainable development and food security’ — comment.
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What is organic farming and how does it promote sustainable development?
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Identify the benefits and limitations of organic farming.
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Enlist some problems faced by farmers during the initial years of organic farming.
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Which of the following steps promoted the growth of the economy as a whole by stimulating the development of industrial and tertiary sectors?
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How many industries have been reserved for the public sector under Industrial Policy Resolution, 1956?
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Which of the following industry was not reserved for the government in Industrial Policy Resolution, 1956?
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There were 29 industries under public sector out of which how many industries were under schedule A?
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Which status has been accorded to the retail chains and supermarkets for selling organic food?
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Industrial Policy Resolution (IPR) 1956 formed the basis of the ____________ Five Year Plan.
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From the following given sets of statements in columns I and II, choose the correct pair of statements.
| Column I | Column II | ||
| A | Exports of goods and services | i | Excess of Exports of goods over the Imports of goods |
| B | Trade Surplus | ii | An element of invisible items |
| C | Current Transfers to rest of the world | iii | Recorded as a positive item in the BOP account |
| D | Portfolio Investments | iv | Foreign Institutional Investors |
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“Income method” is also known as ______.
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Read the following hypothetical text and answer the given question:
India’s Micro, Small and Medium Enterprises (MSME) sector is poised for a mega transformation in 2020, with the launch of an Alibaba-like e-marketplace, trendy yet affordable khadi products to appeal to the masses and digital data-based credit ratings to help entrepreneurs avail loans. However, the MSME sector, often considered the bulwark of the economy as it contributes around 29% to the GDP and 48% to the Indian exports. There is an urgent need of major reforms and policy interventions towards ensuring timely availability of low cost credit, improving ease of doing business and technological up gradation, to take on the formidable challenge of creating millions of jobs, ensure equitable distribution of national income and achieving large-scale import substitution. The World Bank has recently approved loan worth $750 million to address the immediate liquidity and credit needs of India’s MSME sector that has been severely impacted by the Covid-19 crisis. This will give a push to the Atmanirbhar Bharat vision of the government.
Identify which of the following is not an advantage of the MSME sector?
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Read the following hypothetical text and answer the given question:
India’s Micro, Small and Medium Enterprises (MSME) sector is poised for a mega transformation in 2020, with the launch of an Alibaba-like e-marketplace, trendy yet affordable khadi products to appeal to the masses and digital data-based credit ratings to help entrepreneurs avail loans. However, the MSME sector, often considered the bulwark of the economy as it contributes around 29% to the GDP and 48% to the Indian exports. There is an urgent need of major reforms and policy interventions towards ensuring timely availability of low cost credit, improving ease of doing business and technological up gradation, to take on the formidable challenge of creating millions of jobs, ensure equitable distribution of national income and achieving large-scale import substitution. The World Bank has recently approved loan worth $750 million to address the immediate liquidity and credit needs of India’s MSME sector that has been severely impacted by the Covid-19 crisis. This will give a push to the Atmanirbhar Bharat vision of the government.
MSME sector suffered to a large extent in COVID-19 pandemic situation due to ______.
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Read the following hypothetical text and answer the given question:
India’s Micro, Small and Medium Enterprises (MSME) sector is poised for a mega transformation in 2020, with the launch of an Alibaba-like e-marketplace, trendy yet affordable khadi products to appeal to the masses and digital data-based credit ratings to help entrepreneurs avail loans. However, the MSME sector, often considered the bulwark of the economy as it contributes around 29% to the GDP and 48% to the Indian exports. There is an urgent need of major reforms and policy interventions towards ensuring timely availability of low cost credit, improving ease of doing business and technological up gradation, to take on the formidable challenge of creating millions of jobs, ensure equitable distribution of national income and achieving large-scale import substitution. The World Bank has recently approved loan worth $750 million to address the immediate liquidity and credit needs of India’s MSME sector that has been severely impacted by the Covid-19 crisis. This will give a push to the Atmanirbhar Bharat vision of the government.
Read the following statements - Assertion (A) and Reason (R)
Assertion (A): Small scale industries ensure a more equitable distribution of national income and wealth.
Reason (R): The ownership of small scale industries is more wide spread than the ownership of large scale industries.
Select the correct alternative from the following:
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Read the following hypothetical text and answer the given question:
India’s Micro, Small and Medium Enterprises (MSME) sector is poised for a mega transformation in 2020, with the launch of an Alibaba-like e-marketplace, trendy yet affordable khadi products to appeal to the masses and digital data-based credit ratings to help entrepreneurs avail loans. However, the MSME sector, often considered the bulwark of the economy as it contributes around 29% to the GDP and 48% to the Indian exports. There is an urgent need of major reforms and policy interventions towards ensuring timely availability of low cost credit, improving ease of doing business and technological up gradation, to take on the formidable challenge of creating millions of jobs, ensure equitable distribution of national income and achieving large-scale import substitution. The World Bank has recently approved loan worth $750 million to address the immediate liquidity and credit needs of India’s MSME sector that has been severely impacted by the Covid-19 crisis. This will give a push to the Atmanirbhar Bharat vision of the government.
State whether the given statement is true or false:
Small Scale Industries are the largest employer of the labour force in India.
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