The 'Bharatmala Pariyojana' was announced in which year? MCQ with Answer and Explanation

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The 'Bharatmala Pariyojana' was announced in which year?

A. 2014

B. 2017

C. 2019

D. 2018

Answer: Option B

Solution (By JKSSB Mock Tests)

Bharatmala Pariyojana was announced in 2017.

This question belongs to: Economy GK Economy Set 1

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Question #1

The Food Corporation of India is responsible for:

A. procurement, storage and distribution of food grains

B. controlling inflation

C. providing crop loans

D. regulating stock exchanges

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Correct Answer: Option A

Explanation:
FCI handles procurement, storage and distribution of food grains for the public distribution system.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'GST compensation cess' was originally applicable for how many years from 2017?

A. 15 years

B. 10 years

C. 5 years

D. 2 years

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Correct Answer: Option C

Explanation:
GST compensation cess was initially applicable for five years from 2017 to 2022, later extended.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Integrated Goods and Services Tax' applies to:

A. inter-state supplies

B. exports only

C. imports only

D. intra-state supplies

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Correct Answer: Option A

Explanation:
IGST applies to inter-state supplies and imports.

This question belongs to: Economy GK Economy Set 1

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