Step 1: Understanding the Concept:
Infrastructure is broadly divided into two categories:
\[\begin{array}{rl} \bullet & \text{Economic Infrastructure: This includes facilities and services that directly support economic production and distribution, such as energy, transport, communication, and finance.} \\ \bullet & \text{Non-economic (or Social) Infrastructure: This includes facilities and services that improve the quality of human resources and contribute indirectly to economic development, such as education, health, sanitation, and housing.} \\ \end{array}\]
Step 2: Detailed Explanation:
Based on the definitions:
\[\begin{array}{rl} \bullet & \text{Finance, Energy, and Communication are all part of the economic infrastructure as they directly facilitate economic activities.} \\ \bullet & \text{Education is a part of the social or non-economic infrastructure because it focuses on human development, which in turn enhances productivity and economic growth in the long run.} \\ \end{array}\]
Step 3: Final Answer:
Education is a part of non-economic (social) infrastructure.
Arrange the following financial institutions as per their year of establishment in chronological order, starting from the oldest to latest:
(A) National Bank for Agriculture and Rural Development (NABARD)
(B) The Industrial Finance Corporation of India (IFCI)
(C) The Industrial Reconstruction Bank of India (IRBI)
(D) The Industrial Development Bank of India (IDBI)
Choose the correct answer from the options given below:
Match List-I with List-I
| List-I | List-II |
|---|---|
| (A) Make in India | (I) 1991 |
| (B) New Economic Policy | (II) 1948 |
| (C) General Agreement on Trade and Traffic (GATT) | (III) 2015 |
| (D) NITI Ayog | (IV) 2014 |
Choose the correct answer from the options given below: