Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Rural Development

Question:

Arrange the following in chronological order of their enactment.

(A) National bank for Agriculture and Rural Credit

(B) Right to Education Act

(C) Task Force on Projections of Minimum Needs and Effective Consumption Demand

(D) Nationalisation of Banks

Choose the correct answer from the options given below :

Options:

(A), (B), (C), (D)

(B), (C), (A), (D)

(D), (C), (A), (B)

(C), (D), (B), (A)

Correct Answer:

(D), (C), (A), (B)

Explanation:

The correct answer is option (3) : (D), (C), (A), (B)

The chronological order is based on the approximate timeline of the enactments :

1. (D) Nationalisation of Banks : The nationalization of banks in India occurred in two phases - first in 1969 .

2. (C) Task Force on Projections of Minimum Needs and Effective Consumption Demand : This task force was set up in 1979.

3. (A) National Bank for Agriculture and Rural Credit : This institution was established in 1982.

4. (B) Right to Education Act : The Right to Education Act was enacted in 2009.