The e-NAM platform is a national network for: MCQ with Answer and Explanation

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The e-NAM platform is a national network for:

A. railway booking

B. banking transactions

C. tax payments

D. agricultural marketing

Answer: Option D

Solution (By JKSSB Mock Tests)

e-NAM is an electronic national agricultural market platform to integrate agricultural mandis.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The headcount ratio of poverty measures:

A. the income gap of the poor

B. the depth of poverty

C. inequality among the poor

D. the proportion of the population below the poverty line

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Correct Answer: Option D

Explanation:
The headcount ratio measures the proportion of population living below the poverty line.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Finance Bill' is passed under which article of the Constitution?

A. Article 110

B. Article 280

C. Article 324

D. Article 117

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Correct Answer: Option D

Explanation:
The Finance Bill is a Money Bill passed under Article 117.

This question belongs to: Economy GK Economy Set 1

Question #3

Devaluation of a currency refers to:

A. market-determined fall in the value of a currency

B. buying of foreign currency by the central bank

C. official lowering of the value of a currency under a fixed exchange rate system

D. a rise in domestic interest rates

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Correct Answer: Option C

Explanation:
Devaluation is the official lowering of a currency's value under a fixed exchange rate system.

This question belongs to: Economy GK Economy Set 1

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