The 'Account Aggregator' framework in India deals with: MCQ with Answer and Explanation

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The 'Account Aggregator' framework in India deals with:

A. tax collection

B. sharing of financial data with user consent

C. deposit insurance

D. merging bank accounts

Answer: Option B

Solution (By JKSSB Mock Tests)

Account Aggregator framework enables consent-based sharing of financial information.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

Which of the following is a stock variable?

A. Investment expenditure

B. Capital stock

C. National income

D. Government expenditure

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Correct Answer: Option B

Explanation:
Capital stock is measured at a point of time and is therefore a stock variable.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Group of 77' is a coalition of:

A. European countries

B. developing countries

C. oil-exporting countries

D. developed countries

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Correct Answer: Option B

Explanation:
The G77 is a coalition of developing countries at the United Nations.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is classified under the primary sector?

A. Mining

B. Banking

C. Transport

D. Automobile manufacturing

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Correct Answer: Option A

Explanation:
The primary sector includes agriculture, mining, fishing and forestry.

This question belongs to: Economy GK Economy Set 1

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