The 'Antyodaya Anna Yojana' was launched in: MCQ with Answer and Explanation

The 'Antyodaya Anna Yojana' was launched in:
A. 2000
B. 1995
C. 2010
D. 2005
Answer: Option A
Solution (By JKSSB Mock Tests)
Antyodaya Anna Yojana was launched in December 2000.

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Practice More Economy Set 1 Questions

Question #1
In the context of public debt, 'Internal Debt' refers to:
A. Only IMF loans
B. Debt owed to domestic creditors
C. Only short-term external borrowings
D. Debt owed to foreign creditors

Correct Answer: Option B


Explanation:
Internal debt is the portion of public debt that is owed to lenders within the country, such as market borrowings, treasury bills and other domestic liabilities.

This question belongs to: Economy GK Economy Set 1
Question #2
Which of the following is a feature of 'Multi-Sided Platforms'?
A. They serve only one group of users
B. They intermediate between two or more distinct groups of users and must solve the chicken-and-egg problem of attracting both sides
C. They never exhibit network effects
D. They are identical to traditional linear firms

Correct Answer: Option B


Explanation:
Multi-sided platforms bring together two or more distinct customer groups that need each other and whose interactions are mediated by the platform; pricing and design must balance the interests of all sides.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Appropriation Bill' is passed by Parliament to:
A. regulate banks
B. declare war
C. impose new taxes
D. authorize withdrawal of funds from the Consolidated Fund of India

Correct Answer: Option D


Explanation:
The Appropriation Bill allows the government to withdraw funds from the Consolidated Fund of India.

This question belongs to: Economy GK Economy Set 1