Indian Economy Mixed Practice — MCQs with Answers (Set 29)

A former school teacher, she led the farmer movement behind the crop’s revival, well before its GI tag or the new Mission.

District counts per State were set by net cropped area and number of operational holdings, ensuring every State was covered.

₹24,000 crore is the annual figure; ₹35,440 crore was the combined launch-day figure with the separate Pulses Mission.

36 schemes from 11 Union Ministries are coordinated together, rather than a new scheme being created from scratch.

1 February 2025 was its Budget announcement, and 16 July 2025 its Cabinet approval; the actual launch, at IARI New Delhi, came later.

Most such laws protect only breeders; India’s PPV&FR Act also protects farmers’ right to save and exchange seed.

The Seeds Act, 1966, along with the Seeds Rules, 1968, and the Seeds (Control) Order, 1983, regulates seed quality nationwide.

The outlay splits into a ₹1,584 crore Centre share and a ₹897 crore State share.

The Minister of State confirmed all three field-work phases were completed within the planned time frame.

86% of all holdings were small or marginal by 2015-16, reflecting decades of continuous land fragmentation.

Semi-medium holdings span 2 to 4 hectares; a 3-hectare holding falls squarely within that band.

It runs on a fixed 5-year cycle, jointly conducted by the Centre with every State and Union Territory.

Amul’s structure runs village dairy societies to district milk unions to a state-level federation, GCMMF, which markets the products.

West Bengal Chief Minister Suvendu Adhikari’s government, elected after BJP’s 2026 assembly election win, provided 30 acres of land free of cost for the project.

Amit Shah performed Bhoomi Pujan for the Amul Bengal Dairy Project, which will house the world’s largest curd manufacturing plant.

GCMMF was formed in 1973, to handle marketing for 18 district unions under the Amul brand.

The Kaira union was formally registered on 14 December 1946. Do not confuse this with 1949, when Kurien arrived, or 1955, when the brand name Amul was adopted.

The correct answer is The BioEconomy Growth Fund. It is a Rs 50,000 crore fund for 2026-2035, carved from the Rs 1 lakh crore RDI framework. It targets the valley of death between proof of concept and manufacturing. GOBARdhan is a different, bioenergy scheme. Memory hook: 50,000 crore to cross the valley.

The correct answer is $10 billion to about $195 billion. The bioeconomy grew from $10 billion in 2014 to $195.3 billion in 2025. The roadmap calls this 16-fold growth. It is 4.8% of GDP. Memory hook: 10 to 195, sixteen-fold.

The correct answer is Digital India 2.0. It is not a BioMission. The six BioMissions are GeneIndia, AgriBio 2.0, BioX Foundry, One Health Grid, Marine Biotechnology and BioPharmaNext. Memory hook: six missions, all about biology.

The correct answer is $2.6 trillion. The roadmap targets $691 billion by 2035 and $2.6 trillion by 2047. The 2025 figure is $195.3 billion. Memory hook: 691 for 2035, 2.6 trillion for 2047.

The correct answer is NITI Aayog. Its Frontier Tech Hub developed the roadmap with DBT, ABLE, industry and academia. Dr Jitendra Singh launched it on 16 July 2026. DBT, ICMR and CSIR are partners or mission leads, not the launching body. Memory hook: NITI plans, so NITI launched.

The correct answer is 99.2%. About 99.2% of phones used in India are made at home. India is the second-largest phone maker by volume. 60%, 75% and 85% are too low. Memory hook: 99.2, almost all.

The correct answer is PLI-LSEM. Its tenure ended on 31 March 2026, and MPMS follows it. The India Semiconductor Mission, Digital India and the National Electronics Policy are different programmes. Memory hook: PLI ends, MPMS begins.