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

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The 'Antyodaya Anna Yojana' was launched in:

A. 1995

B. 2010

C. 2000

D. 2005

Answer: Option C

Solution (By JKSSB Mock Tests)

Antyodaya Anna Yojana was launched in December 2000.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'Demands for Grants' are part of:

A. Union Budget

B. foreign trade policy

C. monetary policy

D. stock market

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Correct Answer: Option A

Explanation:
Demands for Grants are part of the Union Budget.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is an example of a counter-cyclical fiscal policy?

A. Increasing taxes during a recession

B. Reducing taxes during a recession

C. Increasing government spending during a boom

D. Reducing government spending during a recession

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Correct Answer: Option B

Explanation:
Counter-cyclical fiscal policy aims to stabilise the economy by increasing spending or cutting taxes during downturns and doing the opposite during booms.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' exemption limit for registration of service providers is:

A. Rs 20 lakh

B. Rs 10 lakh

C. Rs 50 lakh

D. Rs 40 lakh

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Correct Answer: Option A

Explanation:
General GST registration threshold for services is Rs 20 lakh (Rs 10 lakh in special category states).

This question belongs to: Economy GK Economy Set 1

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