Which of the following is the primary objective of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)? A) To provide free education B) To ensure food security C) To guarantee 100 days of wage employment in a financial year D) To promote skill development Answer: C) To guarantee 100 …

Introduction India, known for its agrarian roots, has a significant portion of its population dependent on agriculture for livelihood. The sector contributes approximately 17-18% to the country’s GDP and employs about 58% of the workforce. However, the agricultural sector faces numerous challenges, including stagnating productivity, inadequate infrastructure, and a lack …

1. What was the primary reason for the demonetization policy implemented in India on November 8, 2016? a) Boosting foreign investments b) Promoting digital literacy c) Curbing black money and counterfeit currency d) Increasing agricultural productivity Answer: c) Curbing black money and counterfeit currency 2. Which denominations of currency notes …

Introduction Agriculture has been the lifeblood of the Indian economy for centuries, forming the foundation of its socioeconomic fabric. Despite the rapid growth of the industrial and services sectors, agriculture continues to play an indispensable role in sustaining the livelihood of a significant portion of the Indian population. With over …

What percentage of India’s workforce is employed in agriculture? a) 20% b) 50% c) 30% d) 70% Answer: b) 50% Which of the following is the primary crop of India? a) Wheat b) Cotton c) Rice d) Tea Answer: c) Rice Which sector contributes the most to India’s GDP? a) …

Introduction In 1991, India embarked on a transformative economic journey through sweeping reforms that altered the course of its economic trajectory. Faced with a severe Balance of Payments (BoP) crisis, the government, under the leadership of then Prime Minister P.V. Narasimha Rao and Finance Minister Dr. Manmohan Singh, introduced a …

1. The Economic Reforms of 1991 in India were primarily aimed at: A) Reducing the fiscal deficit B) Promoting industrial growth C) Liberalizing the economy D) Enhancing agricultural productivity Answer: C) Liberalizing the economy 2. The 1991 economic reforms introduced the concept of: A) License Raj B) Globalization, Liberalization, and …