The 'Forward Markets Commission' was merged with which organization in 2015? MCQ with Answer and Explanation

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The 'Forward Markets Commission' was merged with which organization in 2015?

A. IRDAI

B. NITI Aayog

C. SEBI

D. RBI

Answer: Option C

Solution (By JKSSB Mock Tests)

The Forward Markets Commission was merged with SEBI in 2015.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Delhi-Mumbai Industrial Corridor' is being developed with cooperation from:

A. Japan

B. USA

C. France

D. Germany

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Correct Answer: Option A

Explanation:
The Delhi-Mumbai Industrial Corridor is being developed with Japanese cooperation.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Atal New India Challenge' is an initiative of:

A. Atal Innovation Mission, NITI Aayog

B. SEBI

C. Ministry of Defence

D. Ministry of Finance

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Correct Answer: Option A

Explanation:
Atal New India Challenge is an initiative of Atal Innovation Mission under NITI Aayog.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' rate on railway passenger transport is:

A. 12%

B. 0%

C. 18%

D. 5%

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Correct Answer: Option B

Explanation:
Railway passenger transport is exempt from GST.

This question belongs to: Economy GK Economy Set 1

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