Economic Scenario (Bihar)

Total Questions: 32

21. The economy in Chotanagpur was primarily based on- [42nd B.P.S.C. (Pre) 1997]

Correct Answer: (b) Forests
Solution:Economy in Chhotanagpur was primarily based on forests.
It is a plateau region so it was very tough to carry out agriculture here.

22. ‘JEEVIKA’ is an initiative of Bihar Govt. for: [60th to 62nd B.P.S.C. (Pre) 2016]

Correct Answer: (c) Poverty Attenuation
Solution:‘JEEVIKA’ is an initiative of Bihar Government to enhance the social and economic empowerment of the rural poor in Bihar. Bihar Rural Livelihoods Promotion Society (BRLPS), an autonomous body under the Department of Rural Development, is spearheading this World Bank aided Bihar Rural Livelihood Project (BRLP), locally known as JEEVIKA for Poverty Alleviation.

23. 'SPUR' project in Bihar relates to: [60th to 62nd B.P.S.C. (Pre) 2016]

Correct Answer: (e) None of the above/More than one of the above
Solution:SPUR (Support Programme for Urban Reforms) is a six-year technical assistance programme designed to accelerate economic growth and poverty reduction by Government of Bihar and United Kingdom Department for International

24. Choose the correct statement regarding the Vibrant Village Programme. [67th B.P.S.C. (Pre) 2021]

Correct Answer: (d) It is for the development of border villages on the northern border.
Solution:According to the budget speech, 2022-23, the Northern Border Villages are those places where the population is very sparse (very less), they have very limited connectivity and basic amenities and have been left out of the benefits of development, will be brought under this new 'Vibrant Village Programme'. The activities here include provision of village infrastructure, housing, construction of tourism centers, road connectivity, decentralized renewable energy, provision of direct to home access for Doordarshan and educational channels and assistance for livelihood generation. Additional funds will be made available for these activities. The existing schemes will be merged into one.

25. Bihar Government launched a new scheme 'Satat Jivikoparjan Yojana' in August 2018. The objective of this scheme is: [66th B.P.S.C. (Pre) 2020]

Correct Answer: (c) to provide sustainable income generating assets to extremely poor households
Solution:The Government of Bihar formally launched the Satat Jeevikoparjan Yojana (SJY) in August 2018 with a budgetary outlay of INR 840 crore. The objective of this programme is to empower ultra-poor households traditionally engaged in production, transportation and selling of country liquor toddy; ultra-poor from SC/ST and other communities through diversification of livelihoods, capacity building and improved access to finance.

26. Bihar State has the highest number of people below the poverty line due to: [43rd B.P.S.C. (Pre) 1994]

Correct Answer: (d) all of these
Solution:

Bihar is one of the poorest states of India. The main reason for poverty in Bihar has been the failure of land reforms due to lack of political willpower. There is also an abundance of laborers as the state lags behind industrially to provide them employment. Thus, the reason given in all the three options are responsible for poverty and backwardness of the state of Bihar.

27. Choose the correct order of the Bihar State districts in descending order of per capita income. [67ᵗʰ B.P.S.C. (Pre) 2021]

Correct Answer: (a) Nawada > Kishanganj > East Champaran > Araria > Sheohar
Solution:

It is not mentioned in the given question that in which year, what is the descending order of the alternative districts in terms of per capita income? According to the date released in the Bihar Economic Survey, 2012-22, the descending order of the districts in term of per-capita income in the given options is as follows Nawada (Rs. 23351) > Kishanganj (Rs. 23222) > East Champaran (Rs. 22306) > Araria (Rs. 20613) > Sheohar (Rs. 19592). According to Bihar Economic Survey 2023-24, the descending order of the district in term of per capita income in the given options are as follows - Kishanganj (Rs. 24942) > Nawada (Rs. 22450) > East Champaran (Rs. 21625) > Araria (Rs. 19795) > Sheohar (Rs. 18980).

28. Which is the prominent financial institution to give industrial financial aid in Bihar: [41ˢᵗ B.P.S.C. (Pre) 1996]

Correct Answer: (c) Bihar State Finance Corporation
Solution:

Bihar State Financial Corporation was established in the year 1954 to promote small and medium scale industries by way of providing financial assistance.

29. Bihar Government has introduced the Comprehensive Financial Management System (CFMS) on 1st April, 2019. This system [66ᵗʰ B.P.S.C. (Pre) 2020]

Correct Answer: (e) None of the above/More than one of the above
Solution:

In attempt to improve efficiency in the financial management the state government of Bihar introduced Comprehensive Financial Management System (CFMS) in 2019 which will make all financial activities in the state Online and paperless. CFMS has been rolled out by connecting all departments, treasuries, DDO's, RBI and other government offices to provide real time information regarding receipts, expenditure, debt and investments and ways and means advances to facilitate office wise and agency specific policy decisions.

30. The outstanding liability of the State of Bihar is: [45ᵗʰ B.P.S.C. (Pre) 2001]

Correct Answer: (e) Rs. 42483 crore rupees.
Solution:Data regarding the outstanding debt of the state of Bihar is not available for the mentioned period. According to a white paper on debts on the state of Bihar presented by the then deputy chief Minister Sushil Kumar Modi in 2006, outstanding debt on the state at that time was 42483 crore rupees.