A
2 only
B
Neither 1 nor 2
C
1 only
D
Both 1 and 2
Correct answer: (c) 1 only
Explanation
Statement 1 is correct as NLMC is a 100% government-owned SPV under the Department of Public Enterprises, Ministry of Finance. Statement 2 is incorrect because NLMC's mandate is to monetize surplus/non-core land and building assets of Central Public Sector Enterprises (CPSEs), not acquire agricultural land for highways.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.
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2016 · Q71 · General Studies · 2 marks
What is/are the purpose/purposes of Government's 'Sovereign Gold Bond Scheme' and 'Gold Monetization Scheme'? 1. To bring the idle gold lying with Indian households into the economy. 2. To promote FDI in the gold and jewellery sector. 3. To reduce India's dependence on gold imports. Select the correct answer using the code given below -
2015 · Q7 · GS III · 12 marks
Craze for gold in Indian has led to surge in import of gold in recent years and put pressure on balance of payments and external value of rupee. In view of this, examine the merits of Gold Monetization scheme. -
2026 · Q56 · General Studies · 2 marks
Which of the following statements with regard to the persons with disabilities in India is/are correct? 1. The Rights of Persons with Disabilities Act, an Act passed by the Parliament of India in 2018, mandates reservation in education and employment, places a legal duty on Governments to ensure accessibility and non-discrimination. 2. The Sugamya Bharat Abhiyan focuses on achieving universal accessibility for Persons with Disabilities across three key domains - built infrastructure, transport systems and information and communication technology. 3. The National Divyangjan Finance and Development Corporation (NDFDC) is a public sector organisation set up by the Ministry of Corporate Affairs as a not-for-profit company to promote entrepreneurship among Persons with Disabilities (PwDs). Select the answer using the code given below: -
2026 · Q99 · General Studies · 2 marks
Consider the following statements about the Non-Banking Financial Companies (NBFCs) in India: 1. NBFCs cannot accept demand deposits. 2. All the NBFCs operating in India have to be registered with the RBI. 3. NBFCs form part of the payment and settlement system and can issue cheque drawn on itself. 4. Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation (DICGC) is not available to the depositors of deposit taking NBFCs. Which of the statements given above is/are correct? -
2022 · Q32 · General Studies · 2 marks
With reference to Web 3.0, consider the following statements: 1. Web 3.0 technology enables people to control their own data. 2. In Web 3.0 world, there can be blockchain based social networks. 3. Web 3.0 is operated by users collectively rather than a corporation. Which of the statements given above are correct?