The 'Agricultural and Processed Food Products Export Development Authority' promotes exports of: MCQ with Answer and Explanation

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The 'Agricultural and Processed Food Products Export Development Authority' promotes exports of:

A. machinery

B. textiles

C. petroleum products

D. agricultural and processed food products

Answer: Option D

Solution (By JKSSB Mock Tests)

APEDA promotes exports of agricultural and processed food products.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Rashtriya Madhyamik Shiksha Abhiyan' was launched in:

A. 2005

B. 2012

C. 2009

D. 2014

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Correct Answer: Option C

Explanation:
Rashtriya Madhyamik Shiksha Abhiyan was launched in 2009.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is a characteristic of a developed money market?

A. Presence of a wide range of instruments and high liquidity

B. Absence of short-term instruments

C. Only long-term government securities

D. High transaction costs and low participation

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Correct Answer: Option A

Explanation:
A developed money market features a variety of short-term instruments, high liquidity, low transaction costs and active participation by financial institutions.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' was launched in India on which date?

A. 1 April 2017

B. 1 July 2017

C. 15 August 2017

D. 1 January 2017

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Correct Answer: Option B

Explanation:
GST was launched on 1 July 2017.

This question belongs to: Economy GK Economy Set 1

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