Make in India initiative was launched in which year? MCQ with Answer and Explanation

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Make in India initiative was launched in which year?

A. 2016

B. 2012

C. 2014

D. 2018

Answer: Option C

Solution (By JKSSB Mock Tests)

Make in India was launched in September 2014 to promote manufacturing.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'Letter of Credit' in foreign trade is issued by:

A. the exporter

B. the customs authority

C. the WTO

D. the importer's bank

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Correct Answer: Option D

Explanation:
A letter of credit is issued by the importer's bank guaranteeing payment to the exporter.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'UNDP' publishes which report?

A. Human Development Report

B. Global Financial Stability Report

C. Global Competitiveness Report

D. World Development Report

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Correct Answer: Option A

Explanation:
UNDP publishes Human Development Report.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'FRBM Act' requires the government to present a 'Medium Term Fiscal Policy Statement' along with the budget to Parliament.

A. True

B. Only for states

C. False

D. Only in election years

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Correct Answer: Option A

Explanation:
The FRBM Act requires the government to present a Medium Term Fiscal Policy Statement, Fiscal Policy Strategy Statement and Macroeconomic Framework Statement.

This question belongs to: Economy GK Economy Set 1

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