IAS 2004 — Economy

Consider the following statements: 1. Regarding the procurement of food grains, Government of India follows a procurement target rather than an open-ended procurement policy. 2. Government of India announces minimum support prices only for cereals. 3. For distribution under Targeted Public Distribution System (TPDS), wheat and rice are issued by the Government of India at uniform central issue prices to the States/Union Territories. Which of the statements given above is/are correct?

Consider the following statements: 1. Reserve Bank of India was nationalized on 26 January, 1950. 2. The borrowing programme of the Government of India is handled by the Department of Expenditure, Ministry of Finance. Which of the statements given above is/are correct?

Consider the following statements: 1. The National Housing Bank (NHB), the apex institution of housing finance in India, was set up as a wholly owned subsidiary of the Reserve Bank of India. 2. The Small Industries Development Bank of India (SIDBI) was established as a wholly owned subsidiary of the Industrial Development Bank of India (IDBI). Which of the statements given above is/are correct?