The 'Atal Pension Yojana' provides a guaranteed pension ranging from: MCQ with Answer and Explanation

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The 'Atal Pension Yojana' provides a guaranteed pension ranging from:

A. Rs 5,000 to Rs 10,000

B. Rs 500 to Rs 1,000

C. Rs 1,000 to Rs 5,000

D. Rs 10,000 to Rs 20,000

Answer: Option C

Solution (By JKSSB Mock Tests)

Atal Pension Yojana provides guaranteed pension from Rs 1,000 to Rs 5,000 per month.

This question belongs to: Economy GK Economy Set 1

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Question #1

Which of the following is an example of an automatic stabiliser in the economy?

A. Progressive income tax

B. Discretionary government spending

C. Open market operations

D. Change in repo rate

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Correct Answer: Option A

Explanation:
Automatic stabilisers are features of the fiscal system that automatically dampen economic fluctuations without new legislation. Progressive income tax reduces disposable income during booms and increases it during recessions.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'National Skill Development Corporation' was set up as a:

A. government department

B. public-private partnership

C. regulatory body

D. state-owned company only

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Correct Answer: Option B

Explanation:
NSDC is a public-private partnership for skill development.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Planning Commission' was replaced by NITI Aayog in which year?

A. 2013

B. 2016

C. 2017

D. 2015

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Correct Answer: Option D

Explanation:
The Planning Commission was replaced by NITI Aayog in 2015.

This question belongs to: Economy GK Economy Set 1

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