Question Discussion & Solution

The correct answer is Rs 10 Lakh.

• Cashless insurance of up to Rs 10 lakh for all families has been proposed under the Chief Minister Chiranjeevi Health Insurance Scheme.

Key Points

• Rajasthan government began cashless insurance of up to Rs 10 lakh under a universal health scheme for all families of Rajasthan.
  • It started on 1 May 2021 under the Chief Minister Chiranjeevi Health Insurance Scheme.
  • This scheme was announced during State Budget 2021-22. 
  • Salient features
    • Free insurance to all families under BPL, NFSA, and SECC categories.
    • Those families covered under Ayushman Bharat Mahatma Gandhi Rajasthan Swasthya Bima Yojana, along with contractual workers and small and marginal farmers, can also avail of this scheme for free.
    • Families not included in these categories will also be eligible for the benefits, although they have to pay 50 percent of the premium, which will come to around Rs 850 annually.

Confusion Points

• In 2021, a health cover of up to 5 lakh was proposed under this scheme.
• In Feb 2022, Rajasthan CM Ashok Gehlot has announced an increase in health cover from Rs 5 lakh to Rs 10 lakh per family in a year under the state government’s ambitious Chiranjeevi Health Insurance Scheme launched in 2021.

Additional Information

• Besides major diseases, the scheme will also include Covid-19 care and hemodialysis for the poor.
• The scheme is budgeted around Rs 3,500 crore.
• Once implemented, Rajasthan will become the first State in India to provide Universal Health Coverage for its citizens.

The correct answer is 1 only

Key Points

• Small Industries Development Bank of India (SIDBI)
  • SIDBI is the principal development financial institution for the promotion, financing and development of the Micro, Small and Medium Enterprises (MSME) sector in India.
  • It was established on April 2, 1990, through an Act of Parliament (thus, it is a statutory body).
  • It is headquartered in Lucknow, Uttar Pradesh.
  • SIDBI aims to facilitate and strengthen credit flow to MSMEs and address both financial and developmental gaps in the MSME eco-system across the country. Hence statement 1 is correct.
  • It coordinates functions of institutions engaged in similar activities.
  • Currently, the shares of SIDBI are held by Central Government and 29 other institutions including public sector banks (PSBs), insurance companies owned and controlled by Central Government.

• Functions of SIDBI:
  • It aims at emerging as a single-window to meet the developmental and financial needs of MSMEs in order to make them globally competitive, strong, vibrant and to protect the institution as a customer-friendly financial body. 
  • It also aims at enhancing the wealth of shareholders through the modern technology platform.
  • It is involved in the promotion and development of the MSME sector.
  • It is the principal institution for the development, promotion and financing of the MSME sector and for the coordination of functions of the institutions engaged in similar activities.
  • SIDBI retained its position in the top 30 Development Banks of the World in the ranking of The Banker, London.
     
• Note: Statement 2 is not correct, because SIDBI does not provide all type of loan to the agriculture sector.

The correct answer is Andhra Pradesh.

Key Points

• Andhra Pradesh
  • Andhra Pradesh had the largest area (2010) under tobacco cultivation.
  • With rich black soil and irrigation facilities, the state is bestowed with high-grade production of tobacco. 
  • It is next to Cuban tobacco which is considered rich in quality in the world.  
  • The tobacco research institute is situated at Rajahmundry in Andhra Pradesh state
  • Recently, Andhra Pradesh is the highest producer of tobacco in India and as per the government records, the tobacco production in this state is estimated to be at 110 million kilograms.

Additional Information

• Uttar Pradesh: The Uttar Pradesh state is famous for its wheat and sugar cane production.
  • It is the largest state in terms of population and as well area in India.
• Karnataka: The Karnataka state is the leading producer of coffee with rich climatic conditions.
  • It has many mineral resources like bauxite iron ore etc.
• Gujarat: The Gujarat state is famous for its cotton production, petrochemical complex, natural ports, fishing zones, etc.

The correct answer is All of the above.

Key Points

• Meaning of Economic Reforms:
  • Economic reforms refer to the fundamental changes that were launched in 1991 with the plan of liberalising the economy and quickening its rate of economic growth.
  • The Narasimha Rao Government, in 1991, started the economic reforms in order to rebuild internal and external faith in the Indian economy.
  • The reforms intended at bringing in larger cooperation of the private sector in the growth method of the Indian economy.
  • Policy changes were proposed with regard to technology up-gradation, industrial licensing, removal of restrictions on the private sector, foreign investments, and foreign trade.
  • The essential features of the economic reforms are – Liberalisation, Privatisation, and Globalisation, commonly known as LPG.
• Need for Economic Reforms
  • Poor performance of the industrial sector. Hence statement 1 is correct.
  • Adverse balance of payments. Hence statement 2 is correct.
  • The rise in the fiscal deficit. Hence statement 3 is correct.
  • Inflation. Hence statement 4 is correct.
  • The Gulf War

The correct answer is Revenue and Forest Department.

• Revenue and Forest Department will be the nodal agency in the Ghar-Ghar Aushadhi Yojana.

Key Points

• Ghar-Ghar Aushadhi Yojana:
  • The scheme aims for medicinal plant distribution by the district administration.
  • It was launched on 29 June 2021.
  • Under this, nurseries of medicinal plants like Tulsi, Giloy, Ashwagandha, etc. will be developed.
  • The plants will be made available to the interested persons.
  • The Forest Department will be the nodal department of the scheme.
  • For the implementation of the scheme, a district-level task force will be constituted under the chairmanship of the District Collector.
  • Whereas, a monitoring committee will be constituted at the Rajasthan state level under the chairmanship of the Chief Secretary.
    • This committee will review the plan every third month.