Current Affairs Question - 02 September 2019

National Development Processes And The Development Industry

North East Rural Livelihood Project


Recently, astudy found that North East Rural Livelihood Project (NERLP) improves livelihoods of 300,000 households in various districts of North Eastern States.Consider the following statements regarding the NERLP:

  1. NERLP is Asian Development Bank (ADB) aided, multi-state livelihood project under the Ministry of Development of North Eastern Region (DoNER), launched in 2012.
  2. It is being implemented in the districts of Mizoram, Arunachal Pradesh, Tripura and Meghalaya.
  3. It has focussed on five development strategies, namely, social empowerment, economic empowerment, partnership development, project management and livelihood & value chain developments.

Choose the correct answer from the codes given below:

A
Only 1
B
Only 3
C
1, 2 and 3
D
None of the above

India Watch

Eight Core Industries


According to recent government data, growth of eight core industries has been slowed down to 2.1 percent in July, 2019 as against 7.3 percent in the same month last year. Considerthe following statements regarding eight core industries:

  1. The eight core sector industries consist of coal, crude oil, natural gas, refinery products, fertiliser, steel, textile and food processing.
  2. These core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).

Choose the correct answer from the codes given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 and 2

International Intergovernmental Organizations, International Institutions, Agencies & Fora

New Development Bank


Recently, a one-day Joint India - New Development Bank(NDB) workshop on Enhancing NDB’s engagement with the India private and public sector was held in New Delhi. Consider the following statements regarding NDB:

  1. The idea to form a new Development Bank to mobilize resources for infrastructure and sustainable development projects was mobilized at fifth annual BRICS summit, held in Durban, South Africa in 2013.
  2. As of now, NDB’s approved loan proportion to India is 18%, the third highest after China and Russia amongst the BRICS countries.

Which of the following statements given above is/are correct?

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2
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