The 'Financial Literacy' in India is promoted by RBI through: MCQ with Answer and Explanation

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The 'Financial Literacy' in India is promoted by RBI through:

A. financial education initiatives and awareness campaigns

B. stock exchanges

C. tax collection

D. import duties

Answer: Option A

Solution (By JKSSB Mock Tests)

RBI promotes financial literacy through various campaigns and initiatives.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

Primary deficit is equal to fiscal deficit minus:

A. tax revenue

B. capital expenditure

C. subsidies

D. interest payments

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Correct Answer: Option D

Explanation:
Primary deficit = fiscal deficit - interest payments.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'GDP at constant prices' in India uses which base year?

A. 2015-16

B. 2011-12

C. 2004-05

D. 2019-20

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Correct Answer: Option B

Explanation:
India's GDP constant price series currently uses base year 2011-12.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Customs duty' is levied on:

A. income of citizens

B. domestic production

C. imports and exports of goods

D. services only

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Correct Answer: Option C

Explanation:
Customs duty is levied on imports and, in some cases, exports of goods.

This question belongs to: Economy GK Economy Set 1

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