The Atal Mission for Rejuvenation and Urban Transformation focuses on: MCQ with Answer and Explanation

Question
The Atal Mission for Rejuvenation and Urban Transformation focuses on:
A. urban infrastructure and basic services
B. rural roads
C. agricultural markets
D. railway electrification
Answer: Option A
Solution (By JKSSB Mock Tests)
AMRUT focuses on urban infrastructure and basic services.
This question belongs to: Economy GK Economy Set 1
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Practice More Economy Set 1 Questions

Question #1
The 'Multi-State Cooperative Societies Act' was enacted in which year?
A. 2006
B. 1984
C. 2002
D. 2012
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Correct Answer: Option C

Explanation:
The Multi-State Cooperative Societies Act was enacted in 2002.
This question belongs to: Economy GK Economy Set 1
Question #2
The 'Farmers' Produce Trade and Commerce (Promotion and Facilitation) Act, 2020' was later:
A. repealed in 2021
B. amended only
C. extended to 2030
D. implemented fully
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Correct Answer: Option A

Explanation:
The three farm laws of 2020 were repealed in 2021.
This question belongs to: Economy GK Economy Set 1
Question #3
Which of the following is a characteristic of the 'New Classical' policy ineffectiveness proposition?
A. Fiscal policy is always effective
B. Monetary policy is always effective
C. Anticipated monetary policy systematically affects real output
D. Only unanticipated monetary policy can affect real output
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Correct Answer: Option D

Explanation:
Under rational expectations and continuous market clearing, only unanticipated policy shocks can affect real variables; anticipated policy is neutral.
This question belongs to: Economy GK Economy Set 1
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