The 'Farmers' Produce Trade and Commerce (Promotion and Facilitation) Act, 2020' was later: MCQ with Answer and Explanation

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The 'Farmers' Produce Trade and Commerce (Promotion and Facilitation) Act, 2020' was later:

A. extended to 2030

B. repealed in 2021

C. implemented fully

D. amended only

Answer: Option B

Solution (By JKSSB Mock Tests)

The three farm laws of 2020 were repealed in 2021.

This question belongs to: Economy GK Economy Set 1

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Question #1

The Bharatmala Pariyojana is related to:

A. development of national highways and roads

B. development of ports

C. expansion of railways

D. airport modernization

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Correct Answer: Option A

Explanation:
Bharatmala Pariyojana is a national highways and road development programme.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Inter-American Development Bank' is headquartered in:

A. Washington D.C.

B. New York

C. Brasilia

D. Mexico City

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Correct Answer: Option A

Explanation:
The Inter-American Development Bank is headquartered in Washington D.C.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Consumer Price Index for Industrial Workers' is compiled by the Labour Bureau and is used for:

A. GDP deflator

B. dearness allowance and wage revisions

C. stock market index

D. calculating inflation for urban consumers

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Correct Answer: Option B

Explanation:
CPI-IW is used for dearness allowance and wage revisions.

This question belongs to: Economy GK Economy Set 1

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