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Flashcards: Industry & Infrastructure 32 Flashcards 
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The Indian economy required immediate attention in the sectors of ___, ___, and ___ post-independence. |
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Industry, infrastructure, and higher education |
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True or False: The Industrial Policy Resolution of 1948 established a mixed economy model for India. |
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True |
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Fill in the blank: The New Industrial Policy of 1991 initiated the process of ___ in the Indian economy. |
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Market liberalization |
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True or False: The 'Licence-Quota-Permit' regime was completely abolished with the Industrial Policy Resolution of 1986. |
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False; it was simplified but not abolished. |
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The Production-Linked Incentive (PLI) scheme aims to promote ___ in various sectors. |
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Domestic manufacturing |
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Card: 11 / 32
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Fill in the blank: The UDAY scheme was launched to ensure the financial and operational turnaround of ___ in India. |
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DISCOMs |
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Card: 13 / 32
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What key change did the Mineral Laws (Amendment) Act, 2020 introduce regarding coal block allocation? |
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Card: 14 / 32
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It allowed the private sector to bid for coal blocks, promoting commercial mining. |
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True or False: The Smart Cities Mission aims to improve the quality of life by enabling local area development through technology. |
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True |
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Fill in the blank: The PM Gati Shakti initiative focuses on improving ___ across the country. |
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Logistics |
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What was the primary objective of the Start-Up India scheme? |
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To build a strong ecosystem for nurturing innovation and generating large-scale employment opportunities. |
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Fill in the blank: The National Steel Policy 2017 aims for a crude steel production target of ___ million tonnes by 2030-31. |
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300 |
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True or False: The government’s focus on renewable energy includes a commitment to achieve zero emissions by 2050. |
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False; the target is set for 2070. |
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What is one of the main challenges faced by the Indian pharmaceutical industry? |
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Competition from global markets and price control regulations. |
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Fill in the blank: The government has allowed up to ___% FDI in the defence sector under the automatic route. |
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74 |
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Card: 29 / 32
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What is the significance of the Digital India program? |
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To transform India into a digitally empowered society and knowledge economy. |
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Fill in the blank: The National Infrastructure Pipeline aims to achieve an investment of ___ trillion dollars by 2025. |
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Card: 32 / 32
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1.4 |
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 Completed! Keep practicing to master all of them. |
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