The 'Ayushman Bharat Pradhan Mantri Jan Arogya Yojana' provides health insurance coverage of: MCQ with Answer and Explanation

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The 'Ayushman Bharat Pradhan Mantri Jan Arogya Yojana' provides health insurance coverage of:

A. Rs 5 lakh per family per year

B. Rs 2 lakh per family per year

C. Rs 10 lakh per family per year

D. Rs 1 lakh per family per year

Answer: Option A

Solution (By JKSSB Mock Tests)

AB-PMJAY provides health cover of Rs 5 lakh per family per year for secondary and tertiary care.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'optimal currency area' theory was developed by:

A. Milton Friedman

B. Paul Krugman

C. Robert Mundell

D. John Maynard Keynes

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Correct Answer: Option C

Explanation:
Robert Mundell developed the theory of optimal currency areas.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Goods and Services Tax' has subsumed taxes like entry tax, which has helped reduce:

A. income tax

B. direct tax

C. check posts and barriers at state borders

D. customs duty

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Correct Answer: Option C

Explanation:
Subsuming entry tax reduced state border check posts and barriers.

This question belongs to: Economy GK Economy Set 1

Question #3

Loss assets are those where:

A. loss has been identified but the amount has not been written off

B. loss has been written off fully

C. no loss has been identified

D. assets are standard

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Correct Answer: Option A

Explanation:
Loss assets are assets where a loss has been identified but not yet fully written off.

This question belongs to: Economy GK Economy Set 1

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