introduction to indian economy section 6 Practice Questions Answers Test with Solutions & More Shortcuts

Answer: (b)

The Indian Institute of Foreign Trade (IIFT) is an autonomous public business school established in 1963 by the government of India to help professionalize the country’s foreign trade management and increase exports by developing human resources, generating, analyzing and disseminating data. It is located in New Delhi, India.

Answer: (d)

Answer: (c)

When the Annapurna Scheme was launched in April 2000, the beneficiaries were to be given 10 Kg. of food grains per month free of cost. It aims at providing food security to meet the requirement of those Senior Citizens who through eligible have remained uncovered under the National Old Age Pension Scheme (NOAPS).

Answer: (c)

The Planning Commission is an institution in the Government of India, which formulates India’s five-year Plans, among other functions.

It was set up on 15 March 1950, with Prime Minister Jawaharlal Nehru as the chairman. Planning Commission though is a non-statutory as well extra-constitutional body, i.e. has been brought by executive order.

The Planning Commission does not derive its creation from either the Constitution or statute but is an arm of the Central/Union Government.

Answer: (c)

Agricultural labourers are those who cultivate the land of others but own no (or very little) land of their own. Owner cultivators are those who own and cultivate their own land.

Landowners are those who own land but do not cultivate it themselves. So basically, a cultivator is an agricultural labourer who tills the land of others.