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Option 3 : Only C

The correct answer is Option 3, i.e Only C.

  • Initially a growth target of 8.2% was kept by the 12th Five Year Plan (2012-2017).
  • Later, an 8% rate was approved by the National Development Council (NDC).
  • The government’s intention was to reduce poverty by 10% through the 12th Five Year Plan.
  • Among the many objectives of the 12th Five Year Plan, one was the creation of 50 million new work opportunities in the non-farm sector.
  • The document has pegged the aggregate Plan resources at Rs 37.16 lakh crore during the five year period starting 2012-13.
  • As regards the infrastructure sector, it said that efforts should be made to increase investment in this sector to 9 percent of the GDP by the end of the Plan period.
  • The other targets included increasing green cover by one million hectares every year and adding 30,000 MW of renewable energy generation capacity in the Plan period.
  • It also sought to reduce the emission intensity of the GDP in line with the target of 20-25 reduction by 2020 over 2005 levels.
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Related Questions

Two statements are followed by three Conclusions I, II and III. You have to consider the statements to be true, even if they seem to be at variance from commonly known facts. You are to decide which of the given conclusions can definitely be drawn from the given statements and indicate your answer accordingly. Statements: I. After a Pay Commission bonanza of 2% hike in dearness allowance in March, central government employees and pensioners can expect another round of salary increase with the government set to modify the index and base year for calculating dearness allowance.  II. The labour ministry is working on a new series of consumer price index for industrial workers (CPI-IW), which is used to determine dearness allowance (DA).  Conclusions: I. DA is a cost of living adjustment allowance paid to government employees, public sector employees and pensioners in the country. It is calculated as a percentage of an employee’s basic salary to mitigate the impact of inflation on people.  II. Since theindex is used to determine dearness allowance of all government employees and industrial workers there may be significant financial implication. III. The trend so far is that the weightage of transport, healthcare and housing has gone up many fold in the new series in the monthly expenditure of an industrial worker, especially consumption of petrol and diesel with the addition of cars to it, while there is decline in overall food basket which is being diversified.?
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