MCQ Test: India Unveils New Financial Aid, Policy Reforms, and Development Initiatives

What is the primary objective of the newly announced ₹1 Lakh credit scheme for bank account holders?

A) To boost the stock market performance. B) To provide financial relief and support to low-income families. C) To encourage investment in public sector banks. D) To fund large-scale industrial projects.

Which of the following banks are mentioned as participants in the new ₹1 Lakh credit scheme?

A) HDFC Bank, ICICI Bank, Axis Bank B) State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BOB) C) Yes Bank, IndusInd Bank, Kotak Mahindra Bank D) Reserve Bank of India (RBI), NABARD, SIDBI

What is the main goal behind India's consideration to lower barriers between Special Economic Zones (SEZs) and the domestic market?

A) To increase imports into SEZs. B) To restrict the flow of goods and services from SEZs. C) To enhance competitiveness, boost exports and manufacturing, and integrate SEZs with the local economy. D) To convert all SEZs into domestic tariff areas.

In which Indian state did Prime Minister Narendra Modi recently inaugurate and lay foundation stones for development projects valued at over ₹8,000 crore?

A) Himachal Pradesh B) Uttar Pradesh C) Uttarakhand D) Sikkim

Along with the development projects, financial assistance was released to farmers in Uttarakhand under which government scheme?

A) Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) B) Pradhan Mantri Fasal Bima Yojana (PMFBY) C) Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) D) National Food Security Mission (NFSM)

When was the National Social Assistance Programme (NSAP) introduced in India?

A) 1985 B) 1995 C) 2005 D) 2015

Which Union Ministry is responsible for implementing the National Social Assistance Programme (NSAP)?

A) Ministry of Finance B) Ministry of Social Justice and Empowerment C) Ministry of Rural Development D) Ministry of Women and Child Development

The National Social Assistance Programme (NSAP) is described as which type of scheme?

A) State-funded scheme B) Centrally Sponsored Scheme (CSS) C) Public-Private Partnership (PPP) scheme D) State-specific scheme

Which of the following is NOT a sub-scheme under the National Social Assistance Programme (NSAP)?

A) Indira Gandhi National Old Age Pension Scheme (IGNOAPS) B) National Family Benefit Scheme (NFBS) C) Annapurna D) Pradhan Mantri Jan Dhan Yojana (PMJDY)

Which Indian state's cabinet recently approved a bill aimed at prohibiting polygamy?

A) Uttar Pradesh B) Bihar C) Assam D) Rajasthan

The Assam Prohibition of Polygamy Bill, 2025, includes an exception for which specific areas?

A) Urban areas B) Rural areas C) Special Economic Zones D) Sixth Schedule areas

What is the primary reason cited for the Centre's review of Quality Control Orders (QCOs)?

A) To increase customs duties on imported goods. B) To address industry complaints regarding implementation challenges and additional costs. C) To introduce stricter quality standards across all sectors. D) To promote domestic consumption over exports.

A panel led by which Niti Aayog member recommended scrapping several Quality Control Orders (QCOs)?

A) Amitabh Kant B) Rajiv Kumar C) Rajeev Gauba D) Arvind Panagariya

The government's move to ease Quality Control Orders (QCOs) primarily aims to ensure uninterrupted supply chains and apply norms to a more focused set of products while still maintaining what?

A) Maximum profit margins B) Minimum quality standards C) Export quotas D) Import restrictions

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India Unveils New Financial Aid, Policy Reforms, and Development Initiatives

Your Score: 0 / 0

What is the primary objective of the newly announced ₹1 Lakh credit scheme for bank account holders?

Which of the following banks are mentioned as participants in the new ₹1 Lakh credit scheme?

What is the main goal behind India's consideration to lower barriers between Special Economic Zones (SEZs) and the domestic market?

In which Indian state did Prime Minister Narendra Modi recently inaugurate and lay foundation stones for development projects valued at over ₹8,000 crore?

Along with the development projects, financial assistance was released to farmers in Uttarakhand under which government scheme?

When was the National Social Assistance Programme (NSAP) introduced in India?

Which Union Ministry is responsible for implementing the National Social Assistance Programme (NSAP)?

The National Social Assistance Programme (NSAP) is described as which type of scheme?

Which of the following is NOT a sub-scheme under the National Social Assistance Programme (NSAP)?

Which Indian state's cabinet recently approved a bill aimed at prohibiting polygamy?

The Assam Prohibition of Polygamy Bill, 2025, includes an exception for which specific areas?

What is the primary reason cited for the Centre's review of Quality Control Orders (QCOs)?

A panel led by which Niti Aayog member recommended scrapping several Quality Control Orders (QCOs)?

The government's move to ease Quality Control Orders (QCOs) primarily aims to ensure uninterrupted supply chains and apply norms to a more focused set of products while still maintaining what?

India Unveils New Financial Aid, Policy Reforms, and Development Initiatives

Your Score: 0 / 0

What is the primary objective of the newly announced ₹1 Lakh credit scheme for bank account holders?

Which of the following banks are mentioned as participants in the new ₹1 Lakh credit scheme?

What is the main goal behind India's consideration to lower barriers between Special Economic Zones (SEZs) and the domestic market?

In which Indian state did Prime Minister Narendra Modi recently inaugurate and lay foundation stones for development projects valued at over ₹8,000 crore?

Along with the development projects, financial assistance was released to farmers in Uttarakhand under which government scheme?

When was the National Social Assistance Programme (NSAP) introduced in India?

Which Union Ministry is responsible for implementing the National Social Assistance Programme (NSAP)?

The National Social Assistance Programme (NSAP) is described as which type of scheme?

Which of the following is NOT a sub-scheme under the National Social Assistance Programme (NSAP)?

Which Indian state's cabinet recently approved a bill aimed at prohibiting polygamy?

The Assam Prohibition of Polygamy Bill, 2025, includes an exception for which specific areas?

What is the primary reason cited for the Centre's review of Quality Control Orders (QCOs)?

A panel led by which Niti Aayog member recommended scrapping several Quality Control Orders (QCOs)?

The government's move to ease Quality Control Orders (QCOs) primarily aims to ensure uninterrupted supply chains and apply norms to a more focused set of products while still maintaining what?

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