The 'Belt and Road Initiative' was announced by China in which year? MCQ with Answer and Explanation

The 'Belt and Road Initiative' was announced by China in which year?
A. 2013
B. 2015
C. 2017
D. 2008
Answer: Option A
Solution (By JKSSB Mock Tests)
Belt and Road Initiative was announced in 2013.

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Practice More Economy Set 1 Questions

Question #1
The 'Goods and Services Tax' on print media advertising is:
A. 18%
B. 12%
C. 5%
D. 0%

Correct Answer: Option C


Explanation:
Advertising in print media attracts 5% GST.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Ways and Means Advances' are given by RBI to:
A. foreign governments
B. central and state governments to bridge temporary mismatches in receipts and expenditures
C. commercial banks
D. NBFCs

Correct Answer: Option B


Explanation:
Ways and Means Advances are short-term advances by RBI to governments to bridge temporary mismatches.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Goods and Services Tax' on accounting services is:
A. 5%
B. 12%
C. 28%
D. 18%

Correct Answer: Option D


Explanation:
Accounting services attract 18% GST.

This question belongs to: Economy GK Economy Set 1