NABARD was established in 1982 based on the recommendations of: MCQ with Answer and Explanation

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NABARD was established in 1982 based on the recommendations of:

A. Narasimham Committee

B. Sivaraman Committee

C. Rangarajan Committee

D. Kelkar Committee

Answer: Option B

Solution (By JKSSB Mock Tests)

NABARD was established on the recommendation of the Sivaraman Committee.

This question belongs to: Economy GK Economy Set 1

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Question #1

Which Sustainable Development Goal relates to decent work and economic growth?

A. SDG 13

B. SDG 17

C. SDG 5

D. SDG 8

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Correct Answer: Option D

Explanation:
SDG 8 promotes sustained, inclusive economic growth and decent work for all.

This question belongs to: Economy GK Economy Set 1

Question #2

In the context of economic reforms, 'Disinvestment' refers to:

A. Nationalisation of private companies

B. Complete closure of all PSUs

C. Increase in government investment in PSUs

D. Sale of government equity in public sector enterprises

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Correct Answer: Option D

Explanation:
Disinvestment involves the sale of government-held shares in public sector enterprises to private entities or the public, reducing government ownership.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' on health insurance premiums is:

A. 12%

B. 5%

C. 18%

D. 0%

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Correct Answer: Option C

Explanation:
Health insurance premiums attract 18% GST.

This question belongs to: Economy GK Economy Set 1

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