An economy where allocation of resources is determined by the operation of price mechanism is termed as:

RBI set up a high-level committee on agricultural credit chaired by Mr. R.V. Gupta, and he recommended: (A) Abolition of stamp duty on mortgage of agricultural land (B) Modify service area approach (C) Offer farmers a composite credit package (D) Devise a liquid savings package
Choose the correct answer from the options given below:

Liberalization, Privatization and Globalization (LPG) model of development was introduced by:

A process which aims at improving the well-being and self-realization of people living outside the urbanized area through collective processes is known as:

Match List-I with List-II:

List-I (Rural Development Programmes)	List-II (Year of Starting)
(A) Prime Minister Rozgar Yojana	(I) 2006
(B) Mahatma Gandhi National Rural Employment Guarantee Act	(II) 1999
(C) Swarnajayanti Gram Swarojgar Yojana	(III) 1989
(D) Integrated Watershed Development Programme	(IV) 15th August 1993

Choose the correct answer from the options given below:

Match List-I with List-II:

List-I (Schemes/Events)	List-II (Year)
(A) Lead Bank Scheme	(I) 1954
(B) All India Rural Credit Survey Committee	(II) 1975
(C) Regional Rural Banks	(III) 1989
(D) Service Area Approach	(IV) 1969

Choose the correct answer from the options given below:

The third amendment in the Indian Patent Act was introduced during:

Match List I with List II

LIST I		LIST II
A	Engel Curve	I. A good that is scarce
B	Consumer	II. Trade barriers
C	Free trade agreement	III. An individual that purchase goods or service
D	Economic good	IV. Relationship between income and quantity demanded

Match List I with List II

LIST I		LIST II
A	Price maker	I. Price of output is fixed
B	Price taker	II. Jointly determine the price by the firm
C	Collusion	III. Ability to influence the price of output
D	Cartel	IV. Several firms decide one price

In India, agencies that promote organic farming are – A. APEDA B. Ministry of Commerce C. National Steering Committee D. Agri Business Committee E. GEAC

Which free trade agreements are formed to reduce trade barriers between nations? A. World Trade Organization B. European Economic Community C. European Union D. North American Free Trade Agreement E. United States Department of Agriculture