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With reference to India,consider the following statements:

1. The Wholesale Price Index (WPI) in India is available on a monthly basis only.

2. As compared on Consumer Price Index for Industrial Workers [CPI (IW)], the WPI gives less weight to food articles.

Which of the statement(s) given above is/are correct?

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Important Questions on Indian Economy

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ln the context of India's Five-Year Plans, a shift in the pattern of Industrialisation, with lower emphasis on heavy industries and more on infrastructure begins in:

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Two of the schemes launched by the Government of India for women's development are Swadhar and Swayam Siddha. As regards with the difference between them, consider the following statements:

1. Swayam Siddha is meant for those in difficult circumstances such as women survivors of natural disasters or terrorism, women prisoners released from jails, mentally challenged women etc whereas, Swadhar is meant for holistic empowerment of women through Self Help Groups (SHGs).

2. Swayam Siddha is implemented through Local Self Government bodies or reputed Voluntary Organisations whereas Swadhar is implemented through the ICDS units set up in the states.

Which of the statements given above is/are correct?

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Micro-finance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/ services rendered under micro-finance is/are:

1. Credit facilities  2. Savings facilities.

3. Insurance facilities  4. Fund transfer facilities.

Select the correct answer using the codes given below:

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In the context of global oil prices; 'Brent crude oil' is frequently referred to in the news. What does this term imply?

1. It is a major classification of crude oil.

2. It is sourced from North sea.

3. It does not contain sulphur.

Which of the statement(s) given above is/are correct?

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With what purpose is the Government of India promoting the concept of 'Mega Food Parks'?

1. To provide good infrastructure facilities for the food processing industry.

2. To increase the processing of perishable items and reduce wastage.

3. To provide emerging and Eco-friendly food processing technologies to entrepreneurs.

Select the correct answer using the codes given below:
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Which of the following can aid in furthering the government's objective of inclusive growth?

1. Promoting Self-Help Groups.

2. Promoting Micro, Small and Medium Enterprises;

3. Implementing the Right to Education Act.

Select the correct answer using the codes given below:
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Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)?

1. The government intends to use the revenue earned from the disinvestment mainly to pay back the external debt.

2. The government no larger intends to retain the management control of the CPSEs.

Which of the statement(s) given above is/are correct?

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Economic growth is usually coupled with: