Previous year MCQs

Economy UPPSC 2006 GS-I
Question

Which one of the following committees recommended the abolition of reservation of items for the small scale sector in industry?

Answer & Solution

Answer: (Detailed Solution Below)

Option A: Abid Hussain Committee

Detailed Solution:

The correct answer is “Abid Hussain Committee”.
The Abid Hussain Committee recommended the abolition of reservations for the small scale sector in industry in 1997. The committee also suggested replacing reservations with a policy to promote and strengthen small scale units.

Similar Questions:

What does the term "CerealYield" refer to?

1) The amount of cereal crops produced per unit area of harvested land.
2. The total production of cereal crops in a given country.

Select the correct answer from the codes given below:
  1. A) Both 1 and 2
  2. B) Neither 1 nor 2
  3. C) Only 1
  4. D) Only 2
Ashtadhayi was written by
  1. A) Vedavyas
  2. B) Panini
  3. C) Shukadeva
  4. D) Balmiki
Consider the following statements and select the correct answer from the code given below:

Assertion(A): The present Government of Uttar Pradesh is focussing on development of industry, infrastructure, energy generation etc.
Reason(R): Heavy investment facilitates economic development.

Codes:
  1. A) Both (A) and (R) are true and (R) is correct explanation of (A).
  2. B) Both (A) and (R) are true, but (R) is not the correct explanation of (A).
  3. C) (A) is true, but (R) is false.
  4. D) (A) is false, but (R) is true.
The Government of India has nationalised 14 banks of the country in:
  1. A) July, 1969
  2. B) August, 1971
  3. C) March, 1981
  4. D) July, 1991
Arrange the following Committees formed for small scale sector in a chronological order and select the correct answer from the codes given below:

I. Nayak Committee
II. Abid Hussain Committee
III. S.S. Kohli Committee
IV. Karve Committee

Codes:
  1. A) I, II, IV, III
  2. B) III, II, I, IV
  3. C) IV, I, II, III
  4. D) I, II, III, IV
As per recent nuclear agreement signed by George W. Bush, President of USA and Dr. Man Mohan1 Singh, Prime Minister of India, the number of nuclear reactors which India has agreed to open up for inspection by International Atomic Energy Agency is:
  1. A) 10
  2. B) 12
  3. C) 14
  4. D) 16
Which of the following pairs is not correctly matched?
  1. A) SEBI - Security market regulatory body
  2. B) RBI - Banking Regulatory Authority
  3. C) IDBI - World Bank
  4. D) SBI - Commercial Bank
Who among the following is constitutionally empowered to declare a geographic area as a scheduled area?
  1. A) Governor
  2. B) Chief Minister
  3. C) Prime Minister
  4. D) President
What is the effect of deficit financing on economy?
  1. A) Reduction in taxes
  2. B) Increase in wages
  3. C) Increase in money supply
  4. D) Decrease in money supply
Match List – I with List – II and select the correct answer from the code given below the lists.

List – I (Yojna/Programme) List-II (Launching Year)
A. National Rural Health Mission 1. 1995
B. National Social Assistance Programme 2. 2005
C. Swarn Jayanti Gram Swarojgar Yojna 3. 2001
D. Sampoora Grameen Rojgar Yojna 4. 1999
  1. A) 4 2 1 3
  2. B) 2 1 4 3
  3. C) 2 4 1 3
  4. D) 1 2 3 4
In 1950, India's share in global exports was 1.85 per cent, but today it is:
  1. A) 0.60 per cent
  2. B) 1.00 per cent
  3. C) 2.00 per cent
  4. D) 2.50 per cent
Foreign Corporation are governed by
  1. A) Special Act of Parliament
  2. B) Ministry of Foreign Affairs, Government o India
  3. C) Indian Companies Act, 1956
  4. D) None of the above