Correct Answer : Option (B) - India

India is the world’s largest consumer of fuelwood. The country¿s consumption of fuelwood is about five times higher than what can be sustainably removed from forests, however, a large percentage of this fuelwood is grown and managed outside forests. Fuelwood meets about 40 percent of the energy needs of the country. About 70 percent of the fuelwood is used by households and the rest by commercial and industrial units. Around 80 percent of rural people and 48 percent of urban people use fuelwood.

Correct Answer : Option (A) - Atal Mission for Rejuvenation and Urban Transformation

AMRUT is the Atal Mission for Rejuvenation and Urban Transformation. It aims to build basic public amenities and make 500 cities in India more livable and inclusive.

Correct Answer : Option (D) - 3 months

The maximum maturity period for Inter Bank Term money is 3 months. The call money has maximum maturity of 14 days.

Correct Answer : Option (C) - Ajay Tyagi

As of 2020, Ajay Tyagi is the chairman of SEBI. The headquarters of SEBI is at Mumbai.

Correct Answer : Option (D) - Competition Commission of India

The Competition Commission of India (CCI) was set up to replace the anachronistic Monopolies and Restrictive Trade Practices Commission (MRTPC). It was established to eliminate practices that adversely affect competition in different industries/areas and protect interests of consumers and ensure freedom of trade. The Competition Act of 2002 called for the creation of CCI. However, it was established in 2003 and became fully functional only by 2009. The CCI is a quasi-judicial body which gives opinions to statutory authorities and also deals with other cases. It has one chairman and six members. It is the youngest and the only cross-sector regulator in India.

Correct Answer : Option (B) - trade-distorting subsidies

Doha round of negotiations has remained stalled since 2008, primarily over the issue of huge trade-distorting subsidies being given to farmers by the rich countries. The fundamental objective of the DDA was to improve trading prospects for developing nations. It included issues such as agriculture, greater market access in industrial products, enhanced foreign direct investments, regulations relating to services trade, trade-related aspects of intellectual property rights, rules on anti-dumping, subsidies and trade facilitation. While India and other developing nations want a reaffirmation to conclude the DDA first, developed countries seek to mostly dilute the negotiations and widen the mandate with new issues, including e-commerce and global value chain.

Correct Answer : Option (C) - Aggregate economic activity

Macroeconomics is a branch of economics that studies how an overall economy the market systems that operate on a large scale behaves. It deals with the performance, structure, behavior, and decision-making of an economy as a whole. Its features are Employment, national income, poverty etc.

Correct Answer : Option (A) - 10%

Agriculture accounts for about 10% of the total export earnings and provides raw material to a large number of Industries (textiles, silk, sugar, rice, flour mills, milk products).

Correct Answer : Option (A) - Maharashtra

Dependence of fuelwood on forests is highest in the State of Maharashtra, whereas, for fodder, small timber and bamboo, dependence is highest in Madhya Pradesh.

Correct Answer : Option (B) - Economic federation

Industrial Policy of 1980 aimed to promote Economic federation. It also aimed to raise the efficiency of the public sector.