The 'Estimates Committee' in Parliament examines: MCQ with Answer and Explanation

The 'Estimates Committee' in Parliament examines:
A. foreign policy
B. budget estimates and efficiency of expenditure
C. judicial appointments
D. CAG reports
Answer: Option B
Solution (By JKSSB Mock Tests)
Estimates Committee examines budget estimates and efficiency of expenditure.

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Practice More Economy Set 1 Questions

Question #1
The 'Keynesian cross' model shows equilibrium income where:
A. aggregate demand equals aggregate supply
B. interest rate equals inflation
C. money supply equals money demand
D. exports equal imports

Correct Answer: Option A


Explanation:
The Keynesian cross shows equilibrium where aggregate demand equals aggregate supply.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'standing deposit facility' was introduced by RBI as a tool for:
A. lending to banks
B. long-term investment
C. absorbing liquidity without collateral
D. export finance

Correct Answer: Option C


Explanation:
Standing Deposit Facility allows RBI to absorb liquidity from banks without providing collateral.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Atal Pension Yojana' provides a guaranteed pension ranging from:
A. Rs 5,000 to Rs 10,000
B. Rs 10,000 to Rs 20,000
C. Rs 1,000 to Rs 5,000
D. Rs 500 to Rs 1,000

Correct Answer: Option C


Explanation:
Atal Pension Yojana provides guaranteed pension from Rs 1,000 to Rs 5,000 per month.

This question belongs to: Economy GK Economy Set 1