The 'National Bamboo Mission' is related to: MCQ with Answer and Explanation

Question
The 'National Bamboo Mission' is related to:
A. fisheries development
B. promoting bamboo cultivation and industry
C. silk production
D. wildlife conservation
Answer: Option B
Solution (By JKSSB Mock Tests)
National Bamboo Mission promotes bamboo cultivation, processing and marketing.
This question belongs to: Economy GK Economy Set 1
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Practice More Economy Set 1 Questions

Question #1
Which of the following is a feature of the classical theory of employment?
A. Possibility of underemployment equilibrium
B. Full employment as a normal condition
C. Liquidity trap
D. Importance of effective demand
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Correct Answer: Option B

Explanation:
Classical theory assumes that the economy always tends towards full employment through flexible wages and prices. Underemployment equilibrium and liquidity trap are Keynesian concepts.
This question belongs to: Economy GK Economy Set 1
Question #2
The 'Keynesian cross' model shows equilibrium income where:
A. aggregate demand equals aggregate supply
B. interest rate equals inflation
C. money supply equals money demand
D. exports equal imports
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Correct Answer: Option A

Explanation:
The Keynesian cross shows equilibrium where aggregate demand equals aggregate supply.
This question belongs to: Economy GK Economy Set 1
Question #3
Which of the following is a major challenge in the Indian agricultural sector?
A. Excessive mechanisation across all farms
B. Complete absence of market risk
C. Small and fragmented land holdings and dependence on monsoon
D. Uniform high productivity in all regions
Discuss
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Correct Answer: Option C

Explanation:
Indian agriculture faces structural challenges including predominance of small and fragmented holdings, monsoon dependence, and low productivity in many regions.
This question belongs to: Economy GK Economy Set 1
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