The 'Economic Survey' is the annual flagship document of: MCQ with Answer and Explanation

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The 'Economic Survey' is the annual flagship document of:

A. NITI Aayog

B. RBI

C. SEBI

D. Ministry of Finance

Answer: Option D

Solution (By JKSSB Mock Tests)

Economic Survey is the flagship annual document of the Ministry of Finance.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'BIMSTEC' grouping includes how many member countries?

A. 5

B. 8

C. 10

D. 7

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Correct Answer: Option D

Explanation:
BIMSTEC has 7 member countries.

This question belongs to: Economy GK Economy Set 1

Question #2

In India, the two most commonly used price indices for measuring inflation are:

A. IIP and PMI

B. WPI and CPI

C. BSE and NSE

D. GDP deflator and HDI

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Correct Answer: Option B

Explanation:
The Wholesale Price Index and Consumer Price Index are the two main inflation measures in India.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' on online gaming is:

A. 12%

B. 18%

C. 5%

D. 28%

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Correct Answer: Option D

Explanation:
Online gaming services attract 28% GST.

This question belongs to: Economy GK Economy Set 1

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