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Economy question from JKAS Prelims, 2021 by JKPSC

Which of the following is not a step under Atma Nirbhar Bharat?

Last updated May 13, 2026
Correct Answer: Option B — Increase in borrowing limits of Private banks account from RBI.
Analysis of the Options:
A) Disallowing Global tenders up to 200 crores: This was a key step under the Atmanirbhar Bharat Abhiyan to support MSMEs (Micro, Small, and Medium Enterprises) by protecting them from foreign competition in government procurement.

B) Increase in borrowing limits (Incorrect): While the central government increased the borrowing limits for State Governments (from 3% to 5% of GSDP), there was no specific "Atmanirbhar Bharat" step defined as increasing borrowing limits specifically for private banks from the RBI in this context.

C) Elimination of regulatory assets: This is part of the power sector reforms under the package, aimed at improving the financial health of power distribution companies (DISCOMs).

D) One Nation One Ration Card: This was a major pillar for migrant workers and urban poor to ensure food security and portability of benefits across India.
Answer verified by Quintessence Classes faculty — Karan Nagar, Srinagar.

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JKPSC JKAS 2021 Prelims

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Exam JKPSC
Recruitment JKAS
Stage Prelims
Year 2021
Subject Economy
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