The 'Atal Incubation Centre' scheme supports: MCQ with Answer and Explanation

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The 'Atal Incubation Centre' scheme supports:

A. startups and entrepreneurs

B. foreign companies

C. large industries

D. government departments

Answer: Option A

Solution (By JKSSB Mock Tests)

Atal Incubation Centres support startups and entrepreneurs.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Employees' Provident Fund Organisation' operates under which ministry?

A. Ministry of Labour and Employment

B. Ministry of Social Justice

C. Ministry of Corporate Affairs

D. Ministry of Finance

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Correct Answer: Option A

Explanation:
EPFO operates under the Ministry of Labour and Employment.

This question belongs to: Economy GK Economy Set 1

Question #2

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The Doha Development Round of WTO negotiations primarily focused on:

A. exchange rate management

B. military alliances

C. intellectual property only

D. concerns of developing countries

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Correct Answer: Option D

Explanation:
The Doha Round focused on development concerns of developing countries.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Goods and Services Tax' on luxury cars is:

A. 28% plus cess

B. 12%

C. 5%

D. 18%

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Correct Answer: Option A

Explanation:
Luxury cars attract 28% GST plus cess.

This question belongs to: Economy GK Economy Set 1

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