World Bank and the Government of India jointly funded a scheme to strengthen the unorganised food processing sector concentrated in rural areas. It was named as;
Options
A. Pradhan Mantri Krishi Sinchai Yojana
B. Deen Dayal Upadhyaya Antyodaya Yojana
C. Pradhan Mantri Jeevan Jyoti Bima Yojana
D. Gram Samridhi Yojana
Correct Answer
Gram Samridhi Yojana
Explanation
Gram Samridhi Yojana, a Rs 3,000 crore scheme funded by the World Bank and the Government of India, is being worked upon by the Ministry of Food Processing Industries in order to strengthen the unorganised food processing sector concentrated in rural areas. World Bank will be giving Rs 1,500 crore and Rs 1,000 crore will be borne by the Centre while state governments will put in Rs 500 crore. The scheme will be run in Uttar Pradesh, Andhra Pradesh, Maharashtra and Punjab for a five-year period in the initial phase and thereafter in other states of the country. NITI Aayog has given its approval to the scheme and now the proposal is pending with the Expenditure Finance Committee for clearance.
More questions
1. Name the country which has agreed to strengthen economic co-operation with India.
India and the United States have agreed to strengthen economic co-operation and bilateral trade by ensuring greater collaboration amongst stakeholders, including government, businesses and entrepreneurs.
2. Name the country which won the Sultan Azlan Shah Cup 2019.
India was defeated by the South Korea in the penalty shootout of the final of Sultan Azlan Shah Cup 2019. 17th Ranked South Korea defeated World number 5, India to won the Sultan Azlan Shah Cup which was held at Azlan Shah Stadium in Ipoh, Malaysia.
3. Which of the following movies won the 74th Golden Globes Best Motion Picture Award in the Drama category?
State-owned Allahabad Bank announced a reduction in benchmark lending rate by 0.05 percentage points across various tenors. The marginal cost of funds-based lending rate (MCLR) for a one-year loan has been reduced to 8.60% from 8.65% effective May 14. Most of the loans including housing loans are benchmarked against MCLR for one year.
5. The Union Government in recent past revised the Mode of Moderation and Memorandum of Understanding to establish the Border Haats with this country.
6. Former Union Minister, Akhilesh Das Gupta passed away in Lucknow, Uttar Pradesh on 12 April 2017, after suffering from a heart attack. Which party did he serve under in the government?
Bank of Baroda (BoB) became the second largest public sector undertaking (PSU) bank after merging Dena Bank and Vijaya Bank into itself as part of the first three-way amalgamation. BoB is now the third-largest bank after State Bank of India (SBI) and HDFC Bank. Following the merger, the number of PSBs has come down to 18. The consolidated bank will have over 9,500 branches, 13,400 ATMs, 85,000 employees to serve 12 crore customers. The bank will have a business mix of Rs 15 lakh crore of balance sheet, with deposits and advances of Rs 8.75 lakh crore and Rs 6.25 lakh crore, respectively. Post-amalgamation, the bank will have a 22 per cent market share in Gujarat and 8-10 per cent market share in Maharashtra, Karnataka, Rajasthan and Uttar Pradesh.
10. As per an announcement by the Union Government, India's nuclear power generation capacity will be tripled by