The 'Aadhaar' number in India is issued by: MCQ with Answer and Explanation

Question

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The 'Aadhaar' number in India is issued by:

A. Unique Identification Authority of India

B. RBI

C. Ministry of Finance

D. Income Tax Department

Answer: Option A

Solution (By JKSSB Mock Tests)

Aadhaar is issued by UIDAI.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'investment multiplier' is greater when the marginal propensity to consume is:

A. zero

B. negative

C. lower

D. higher

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Correct Answer: Option D

Explanation:
The multiplier is higher when MPC is higher because more of each income increase is spent.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Goods and Services Tax' on services provided by RBI is:

A. 18%

B. exempt

C. 5%

D. 0%

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Correct Answer: Option B

Explanation:
RBI services are exempt from GST.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Goods and Services Tax' on passenger transport by air-conditioned buses is:

A. 5%

B. 0%

C. 18%

D. 12%

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Correct Answer: Option A

Explanation:
AC bus passenger transport attracts 5% GST.

This question belongs to: Economy GK Economy Set 1

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