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Economy

Banking, markets, budget, trade, agriculture economy. Filter by topic or year.

2 questions

  • 2019 · Question 48 · Industrial Policy

    Consider the following statements : 1. Coal sector was nationalized by the Government of India under Indira Gandhi. 2. Now, coal blocks are allocated on lottery basis. 3. Till recently, India imported coal to meet the shortages of domestic supply, but now India is self-sufficient in coal production. Which of the statements given above is/are correct?

    Choose your answer
    Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)
  • 2019 · Question 62 · Industrial Policy

    With reference to the management of minor minerals in India, consider the following statements : 1. Sand is a ‘minor mineral’ according to the prevailing law in the country. 2. State Governments have the power to grant mining leases of minor minerals, but the powers regarding the formation of rules related to the grant of minor minerals lie with the Central Government. 3. State Governments have the power to frame rules to prevent illegal mining of minor minerals. Which of the statements given above is/are correct?

    Choose your answer
    Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)