The 'Finance Bill' is passed under which article of the Constitution? MCQ with Answer and Explanation

The 'Finance Bill' is passed under which article of the Constitution?
A. Article 117
B. Article 280
C. Article 110
D. Article 324
Answer: Option A
Solution (By JKSSB Mock Tests)
The Finance Bill is a Money Bill passed under Article 117.

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Practice More Economy Set 1 Questions

Question #1
The 'Know Your Customer' norms are aimed primarily at:
A. promoting bank loans
B. reducing interest rates
C. increasing bank profits
D. preventing money laundering and fraud

Correct Answer: Option D


Explanation:
KYC norms help banks verify customer identity to prevent money laundering and fraud.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Golden Revolution' in India is associated with:
A. milk production
B. horticulture and honey production
C. wheat production
D. gold production

Correct Answer: Option B


Explanation:
The Golden Revolution is associated with horticulture and honey production.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'International Solar Alliance' is headquartered in:
A. Geneva
B. New York
C. Paris
D. Gurugram, India

Correct Answer: Option D


Explanation:
The International Solar Alliance is headquartered in Gurugram, India.

This question belongs to: Economy GK Economy Set 1