The 'e-Way Bill' is generated on the GST portal for movement of goods whose consignment value exceeds: MCQ with Answer and Explanation

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The 'e-Way Bill' is generated on the GST portal for movement of goods whose consignment value exceeds:

A. Rs 25,000

B. Rs 50,000

C. Rs 5 lakh

D. Rs 1 lakh

Answer: Option B

Solution (By JKSSB Mock Tests)

E-way bill is required for goods movement valued above Rs 50,000.

This question belongs to: Economy GK Economy Set 1

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Question #1

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Which of the following is NOT a type of unemployment recognised in economics?

A. Cyclical unemployment

B. Structural unemployment

C. Frictional unemployment

D. Nominal unemployment

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Correct Answer: Option D

Explanation:
The main types of unemployment are frictional, structural, cyclical and seasonal. 'Nominal unemployment' is not a standard classification.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Sustainable Development Goals' were adopted by the United Nations in which year?

A. 2016

B. 2000

C. 2020

D. 2015

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Correct Answer: Option D

Explanation:
The Sustainable Development Goals were adopted in 2015.

This question belongs to: Economy GK Economy Set 1

Question #3

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Real GDP differs from nominal GDP because real GDP:

A. includes indirect taxes

B. is measured at current year prices

C. is measured at base year prices

D. includes depreciation

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Correct Answer: Option C

Explanation:
Real GDP is valued at constant base year prices to remove the effect of inflation.

This question belongs to: Economy GK Economy Set 1

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