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

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The 'Antyodaya Anna Yojana' was launched in:

A. 2005

B. 1995

C. 2010

D. 2000

Answer: Option D

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 'Pradhan Mantri Jeevan Jyoti Bima Yojana' provides:

A. vehicle insurance

B. life insurance

C. health insurance

D. crop insurance

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Correct Answer: Option B

Explanation:
PMJJBY provides life insurance cover.

This question belongs to: Economy GK Economy Set 1

Question #2

The concept of 'Fiscal Dominance' refers to:

A. The absence of any deficit

B. Complete independence of the central bank

C. A situation in which fiscal policy constraints force the monetary authority to monetise deficits

D. Only the dominance of monetary policy

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Correct Answer: Option C

Explanation:
Fiscal dominance occurs when the fiscal authority’s need to finance deficits constrains or dictates the behaviour of the monetary authority, often leading to inflationary monetisation.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is classified under the primary sector?

A. Banking

B. Mining

C. Automobile manufacturing

D. Transport

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Correct Answer: Option B

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

This question belongs to: Economy GK Economy Set 1

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