NIT Trichy All Questions

Correct Answer: Kerala

Solution : The correct answer is Kerala.

Kerala tops the list per the NITI Aayog's Sustainable Development Goals India Index 2019. Kerala is first positioned and followed by Himachal Pradesh, Tamil Nadu and Andhra Pradesh. Also, Chandigarh tops the list of the union territories. Kerala is a Southern state, and according to Census 2011, Kerala also tops the list in terms of literacy rate and sex ratio.

Correct Answer: National Sample Survey Organisation

Solution : The correct answer is the National Sample Survey Organisation.

The National Sample Survey Organisation's consumer expenditure surveys serve as the basis for measuring poverty. A household is considered impoverished if its expenditures fall below a designated poverty threshold. The Indian government's primary institution for estimating poverty was the former Planning Commission.

Correct Answer: Ministry of Finance

Solution : The correct answer is the Ministry of Finance.

The Economic Survey of India is a yearly report that examines changes in the Indian economy over the previous 12 months and is published by the Finance Ministry of the Indian Government. The Finance Minister typically presents the Economic Survey one day before the Union Budget's introduction in Parliament.

Correct Answer: NITI Aayog's Women Entrepreneurship Platform

Solution : The correct answer is NITI Aayog's Women Entrepreneurship Platform.

The Women Transforming India Awards is an annual initiative by NITI Aayog that aims to spotlight the remarkable contributions and pioneering efforts of women leaders and change-makers in India. The awards celebrate role models who have shattered barriers, making a positive impact on society. Since 2018, the Awards have been organized under NITI Aayog's Women Entrepreneurship Platform (WEP), with a particular emphasis on recognizing achievements in the field of entrepreneurship.

Correct Answer: Finance Commission

Solution : The correct answer is the Finance Commission.

According to Article 280 of the Indian Constitution, the Finance Commission of India is established every five years by the Indian President. It is an advisory body that deals with the distribution of tax revenues among the states and the federal government. Dr. N. K. Singh served as the commission's chairman, along with Ajay Narayan Jha, Prof. Anoop Singh, Ashok Lahiri, Prof. Ramesh Chand, and Arvind Mehta.

Correct Answer: World Resources Institute

Solution : The correct answer is the World Resources Institute.

On 8th September 2022, NITI Aayog and World Resources Institute (WRI), India, jointly launched e-FAST India (Electric Freight Accelerator for Sustainable Transport), the nation’s inaugural electric freight platform. With road freight transport anticipated to play a significant role in emissions, e-FAST India is a crucial step in developing a roadmap for India's transport sector decarbonisation in alignment with COP26 commitments.

Correct Answer: Central Statistics Office

Solution : The correct option is the Central Statistics Office.

The Ministry of Statistics and Programme Implementation oversees the Central Statistics Office (CSO), which compiles macroeconomic statistics, maintains statistical records, and calculates India's gross domestic product.

Correct Answer: 2015

Solution : The correct answer is 2015.

The Planning Commission of India, established on March 15, 1950, to formulate 5-year plans, was replaced by NITI Aayog on January 1, 2015. Prime Minister Narendra Modi announced this transformation on Independence Day. The Planning Commission, initially modeled on the USSR's system, aimed to estimate India's capital and resources. NITI Aayog inaugurated as a policy think tank, marked a shift towards a more dynamic and inclusive approach to economic planning.

Correct Answer: The Planning Commission

Solution : The correct answer is the Planning Commission.

The era of five-year plans in India began with the establishment of the Planning Commission. The Planning Commission of India was set up in March 1950, shortly after India gained independence. It played a central role in formulating and implementing the country's five-year plans, which were comprehensive development blueprints designed to promote economic growth, industrialisation, and social welfare.

Correct Answer: RBI

Solution : The correct answer is RBI.

The Repo Rate is determined every two months by the Monetary Policy Committee of the Reserve Bank of India.