industries manufacturing & service sectors section 9 MCQ Questions & Answers Detailed Explanation

Answer: (c)

Pradhan Mantri Ujjwala Yojana (PMUY) is a scheme of the Ministry of Petroleum & Natural Gas for providing LPG connections (and not the cylinder, as cylinders were already subsidized before this scheme) to women from Below Poverty Line (BPL) households.

LPG connection under this Scheme shall be in the name of the women belonging to the BPL family.

The scheme aims to safeguard the health of women & children by providing them with a clean cooking fuel – LPG so that they do not have to compromise their health in smoky kitchens or wander in unsafe areas collecting firewood.

Till now there are more than 8 crore beneficiaries.

Answer: (c)

The meeting of the World Economic Forum (WEF) India-2013 in Nov. 2013 was held in Kochi.

World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.

Answer: (b)

SDR (Special Drawing Rights) is an international financing instrument created in 1970 by the International Monetary Fund (IMF).

It is also called paper gold, an SDR is neither paper nor gold but an accounting entry. It is not backed by any currency or precious metal and is used only among governments and IMF for the balance of payments settlements.

Answer: (c)

Answer: (b)

Prof. Tendulkar’s pioneering contribution was his extensive work on poverty and the estimation of people below the poverty line (BPL).

A committee was formed by the government of India in 2009, with Tendulkar as Chairman to 'report on methodology of estimation of poverty'.

In 2009, this committee came out with a new method to calculate poverty.

Answer: (a)

On 27 January 2005, the Government had decided to constitute a ‘National Investment Fund’ (NIF) into which realization from the sale of minority shareholding of the Government in CPSEs would be channelised.

This fund is managed by professionals and a part of it is used for use in the social sector – like education, health care and employment.