What is the primary objective of the 'National Education Policy 2020' with respect to the economy?

A. To increase government spending on defense research

B. To create a skilled and knowledgeable workforce to support India's economic development

C. To promote foreign investment in the education sector

D. To make higher education exclusively online

Answer: Option B

NEP 2020 emphasizes the development of cognitive, social, and emotional skills, as well as vocational training, to create a workforce that is better equipped for the demands of the modern economy.

1

Which of the following best describes the primary objective of India's economic planning since independence?

A. Maximizing GDP growth at all costs

B. Achieving self-reliance and social justice

C. Becoming a global superpower in manufacturing

D. Maintaining a balanced trade surplus

2

The concept of 'Hindu rate of growth' is often used to refer to:

A. The rapid economic expansion witnessed in the early 2000s

B. The relatively slow growth rate of the Indian economy in the decades following independence

C. The growth rate primarily driven by religious tourism and activities

D. The fluctuating nature of agricultural output due to monsoon dependence

3

Which of the following was a key recommendation of the Narasimham Committee I (1991)?

A. Strengthening the role of development financial institutions

B. Liberalizing the banking sector and reducing statutory reserve requirements

C. Promoting small-scale industries through reservations

D. Nationalizing all private sector banks

4

The 'Washington Consensus' generally advocates for which set of economic policies?

A. Increased state intervention and protectionism

B. Fiscal austerity, privatization, and trade liberalization

C. Emphasis on income redistribution and social welfare programs

D. Prioritizing agricultural development over industrialization

5

What is the primary function of the Goods and Services Tax (GST) Council in India?

A. To implement and administer the GST across the country

B. To adjudicate disputes between taxpayers and the government

C. To recommend rates of tax, exemptions, and thresholds under GST

D. To collect GST revenues on behalf of the states and the Union

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What is the primary objective of the 'National Education Policy 2020' with respect to the economy?

1

Which of the following best describes the primary objective of India's economic planning since independence?

2

The concept of 'Hindu rate of growth' is often used to refer to:

3

Which of the following was a key recommendation of the Narasimham Committee I (1991)?

4

The 'Washington Consensus' generally advocates for which set of economic policies?

5

What is the primary function of the Goods and Services Tax (GST) Council in India?

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What is the primary objective of the 'National Education Policy 2020' with respect to the economy?

1 Which of the following best describes the primary objective of India's economic planning since independence?

2 The concept of 'Hindu rate of growth' is often used to refer to:

3 Which of the following was a key recommendation of the Narasimham Committee I (1991)?

4 The 'Washington Consensus' generally advocates for which set of economic policies?

5 What is the primary function of the Goods and Services Tax (GST) Council in India?

Categories

Random Posts

Social Media

1

Which of the following best describes the primary objective of India's economic planning since independence?

2

The concept of 'Hindu rate of growth' is often used to refer to:

3

Which of the following was a key recommendation of the Narasimham Committee I (1991)?

4

The 'Washington Consensus' generally advocates for which set of economic policies?

5

What is the primary function of the Goods and Services Tax (GST) Council in India?