The 'Digital India' programme was launched in: MCQ with Answer and Explanation

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The 'Digital India' programme was launched in:

A. 2016

B. 2015

C. 2018

D. 2012

Answer: Option B

Solution (By JKSSB Mock Tests)

Digital India was launched in July 2015.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Impossible Trinity' in international economics is also called:

A. the fiscal trilemma

B. the development trilemma

C. the trade trilemma

D. the monetary policy trilemma

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Correct Answer: Option D

Explanation:
The Impossible Trinity is also known as the monetary policy trilemma.

This question belongs to: Economy GK Economy Set 1

Question #2

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Which of the following is NOT a type of market structure?

A. Perfect competition

B. Oligopoly

C. Monopsony of labour only

D. Monopoly

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Correct Answer: Option C

Explanation:
Monopsony refers to a market with a single buyer. While monopsony is a market structure, the option 'Monopsony of labour only' incorrectly restricts it. Standard market structures are perfect competition, monopoly, monopolistic competition and oligopoly.

This question belongs to: Economy GK Economy Set 1