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Standard XII
Economics
New Approaches to Alleviation
The governmen...
Question

The government planned to double the number of schemes under DBT to ___ by March 2017 for paying subsidy directly via bank accounts of beneficiaries.

A
147
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B
157
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C
167
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D
177
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E
None of these
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Solution

The correct option is A 147
The government planned to double the number of schemes under DBT to 147 by March 2017 for paying subsidy directly via bank accounts of beneficiaries.

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Q. National Food Security Management Scheme was launched by the Government of India to achieve which of the following?
(A) Demonstration of improved production technology.
(B) Distribution of high-yield variety seeds.
(C) To distribute fertilisers subsidy to farmers directly in cash.
Q. Through which of the following schemes can cash amounts be transferred directly to people's bank accounts so that they can buy the foodgrains they need directly from the market?
Q. Raghav & Co. have two bank accounts. Account No. I and Account No. II. From the following particulars relating to Account No. I, find out the balance on that account of March 31, 2017 according to the cash book of the firm.
(i)
Cheques paid into bank prior to March 31, 2017, but not credited for Rs 10,000.
(ii)
Transfer of funds from account No. II to account no. I recorded by the bank on March 31, 2017 but entered in the cash book after that date for Rs 8,000.
(iii)
Cheques issued prior to March 31, 2017 but not presented until after that date for Rs 7,429.
(iv)
Bank charges debited by bank not entered in the cash book for Rs 200.
(v)
Interest Debited by the bank not entered in the cash book Rs 580.
(vi)
Overdraft as per Passbook Rs 18,990.
Q. The implicit subsidies on savings schemes of government tend to benefit high income earners over low income earners
Q. Assertion (A): If the central government desires to allocate funds under any schemes to the states, it uses banks for the financial transactions.

Reason (R): Like individuals and businesses, it is a bank that facilitates financial transactions of the state and central governments.
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