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Prime Minister Narendra Modi announced the 'Aatmanirbhar Bharat Abhiyan' (Self-Reliant India Mission) on:
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Answer: Option D — 12 May 2020
Detailed Solution
Prime Minister Narendra Modi announced the 'Aatmanirbhar Bharat Abhiyan' (Self-Reliant India Mission) on:
- 1 February 2021
- 24 March 2020
- 15 August 2020
- 12 May 2020
Quick tip
Remember: Aatmanirbhar Bharat Abhiyan = announced 12 May 2020 (package of about 20 lakh crore rupees, about 10 per cent of GDP; "Vocal for Local"; five pillars); first lockdown = 24 March 2020; Make in India = 25 September 2014.
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This question tests your understanding of Economic Reforms & Foreign Trade, a key topic in the General Knowledge section. The detailed solution above uses a step-by-step approach to show the reasoning, and where available, a shortcut that helps you solve similar questions in under 90 seconds during the actual exam.
This topic covers the 1991 economic reforms (liberalisation, privatisation and globalisation), industrial policies, foreign trade and India's main trading partners, balance of payments, current and capital accounts, exchange rates, FDI and FPI, and foreign trade policy. Common questions ask what LPG stands for, what the current account includes, the difference between FDI and FPI, and what devaluation of the rupee means. The 1991 reforms were introduced by the government of P. V. Narasimha Rao, with Manmohan Singh as Finance Minister. Practise the economic reforms and foreign trade questions below, written in the style of the general awareness sections of exams such as SSC, banking, railways, CUET GAT, MAH CET and CLAT. Each question comes with a detailed explanation that adds related facts, so every question helps you revise more than one point.