Question Discussion & Solution

The correct answer is 2nd October 2011.

• Mukhya Mantri Nishulk Dava Yojana:
  • The scheme was launched by the then Rajasthan Chief Minister Ashok Gehlot on October 2, 2011.
  • The Rajasthan government's budget announcement 2011-2012 mentions the formation of Rajasthan Medical Services Corporation.
  • Through this corporation, a centralized system will be implemented for the purchase of generic drugs, surgical and diagnostic equipment for all medical institutions in the state.
  • The most used medicines are being provided free of cost to all the patients coming to the state hospital from 02 October 2011.
  • In addition, medical facilities are also being provided free of cost to the patients of Thalassemia and Haemophilia in state hospitals.

Key Points

• The scheme has mainly two components
  • Free Medicines - Making available the commonly used medicines free of cost to patients visiting government health institutions.
  • Free Tests - Ensuring free trial of patients coming to government health institutions.
• Rajasthan Medical Services Corporation Limited (RMSCL) was incorporated/incorporated as a Public Limited Company for successful implementation of the scheme.

Additional Information

• Rajasthan Annapurna Rasoi Yojana:
  • The scheme was launched by Chief Minister Vasundhara Raje on 15 December 2016.
  • The rickshaw pullers, the elderly, and the needy have benefited a lot from the introduction of this scheme.
  • Food will be made available to the people through mobile vans.
  • Breakfast for just ₹ 5 and lunch and dinner for ₹ 8 will be provided.
  • Keeping food hygiene in mind, maximum food will be made by machines.

The correct answer is Kota.

Key Points 

• Kota industrial Hub
  • Surrounded by the water of River Chambal, power plants, and natural resources Kota has been a centre of attraction for different industries.
  • Kota city is the trade centre for industries which includes Kota stone oilseed milling, handloom textile weaving, distilling, dairy product, manufacturing of metal handicrafts, fertilizers, chemicals, and engineering equipment.
  • Kota is a hub of Kota Doria sarees in Kaithoon, & C.F.C. is established for the development of weavers.​

Additional Information

• About Kota
  • Kota is one of the eastern districts of Rajasthan and is something like Dumbly shape.
  • The country slopes gently Northward from the high tableland of Malwa in Madhya Pradesh.
  • It is well watered, drained by rivers flowing in north and northeastern directions.
  • There are hills in the south, north, and eastern portion of the district and it is generally fertile. 

The correct answer is 2005-06.

• Magra Regional Development Programme was started in 2005-06.

Key Points

• ​Objective-
  • Social and economic development of the Magra region.
  • Infrastructure development in this region like- enhance health and education facilities in this region.
  • Employment generation in this region.
• Covered districts- Ajmer, Bhilwara, Chittorgarh, Pali, Rajasamand
• Total Panchayat Samiti covered- 16
• Total village covered- 1715
• Financed by - State Government

The correct answer is Option 4.

Key Points

• The new industrial policy, announced by the government on 23 July 1991 had initiated a bigger process of economic reforms in the country, seriously
  motivated towards the structural readjustment naturally obliged to ‘fulfil’ IMF conditions.
• The major highlights of the policy are as follows:
  • De-reservation of the Industries. Hence, statement 1 is correct.
  • De-licencing of the Industries. Hence, statement 3 is correct.
    • There are only five industries that carry the burden of compulsory licensing-
      • Aerospace and defence-related electronics
      • Gun powder, industrial explosives, and detonating fuse
      • Dangerous chemicals
      • Tobacco, cigarette and related products
      • Alcoholic drinks
  • Abolition of the monopolistic and restrictive trade practices (MRTP) Limit. Hence, statement 2 is correct.
  • Promotion to Foreign Investment.
  • Foreign Exchange Regulation Act (FERA) Replaced by the Foreign Exchange Management Act (FEMA). Hence, statement 4 is incorrect.

The correct answer is 1 only

Key Points

• Small Industries Development Bank of India (SIDBI)
  • SIDBI is the principal development financial institution for the promotion, financing and development of the Micro, Small and Medium Enterprises (MSME) sector in India.
  • It was established on April 2, 1990, through an Act of Parliament (thus, it is a statutory body).
  • It is headquartered in Lucknow, Uttar Pradesh.
  • SIDBI aims to facilitate and strengthen credit flow to MSMEs and address both financial and developmental gaps in the MSME eco-system across the country. Hence statement 1 is correct.
  • It coordinates functions of institutions engaged in similar activities.
  • Currently, the shares of SIDBI are held by Central Government and 29 other institutions including public sector banks (PSBs), insurance companies owned and controlled by Central Government.

• Functions of SIDBI:
  • It aims at emerging as a single-window to meet the developmental and financial needs of MSMEs in order to make them globally competitive, strong, vibrant and to protect the institution as a customer-friendly financial body. 
  • It also aims at enhancing the wealth of shareholders through the modern technology platform.
  • It is involved in the promotion and development of the MSME sector.
  • It is the principal institution for the development, promotion and financing of the MSME sector and for the coordination of functions of the institutions engaged in similar activities.
  • SIDBI retained its position in the top 30 Development Banks of the World in the ranking of The Banker, London.
     
• Note: Statement 2 is not correct, because SIDBI does not provide all type of loan to the agriculture sector.