NITI Aayog was established in 2015 to replace: MCQ with Answer and Explanation

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NITI Aayog was established in 2015 to replace:

A. National Development Council

B. Planning Commission

C. Economic Advisory Council

D. Finance Commission

Answer: Option B

Solution (By JKSSB Mock Tests)

NITI Aayog replaced the Planning Commission in 2015.

This question belongs to: Economy GK Economy Set 1

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Question #1

Balance of Trade refers to the difference between:

A. exports and imports of goods and services

B. capital inflows and outflows

C. foreign exchange reserves and gold

D. exports and imports of goods only

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Correct Answer: Option D

Explanation:
Balance of Trade is the difference between a country's exports and imports of goods only.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Stand-Up India' scheme was launched in which year?

A. 2018

B. 2014

C. 2017

D. 2016

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Correct Answer: Option D

Explanation:
Stand-Up India was launched in 2016.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Bharatmala Pariyojana' was announced in which year?

A. 2017

B. 2014

C. 2019

D. 2018

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Correct Answer: Option A

Explanation:
Bharatmala Pariyojana was announced in 2017.

This question belongs to: Economy GK Economy Set 1

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