The 'Full Budget' is presented after the interim budget when: MCQ with Answer and Explanation

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The 'Full Budget' is presented after the interim budget when:

A. elections are complete and the new government takes office

B. the President orders

C. the Supreme Court orders

D. the RBI requests

Answer: Option A

Solution (By JKSSB Mock Tests)

The new government presents a full budget after taking office.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Agricultural Produce Market Committee' is a:

A. statutory body under state APMC Act

B. cooperative society

C. private market

D. central government body

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Correct Answer: Option A

Explanation:
APMCs are statutory market committees established under state APMC Acts.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Index of Industrial Production' in India is released by:

A. Ministry of Statistics and Programme Implementation

B. Ministry of Finance

C. RBI

D. NITI Aayog

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Correct Answer: Option A

Explanation:
IIP is released by MoSPI.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'United Nations Sustainable Development Solutions Network' publishes which report?

A. Global Competitiveness Report

B. Human Development Report

C. World Happiness Report

D. Global Hunger Index

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Correct Answer: Option C

Explanation:
UN SDSN publishes World Happiness Report.

This question belongs to: Economy GK Economy Set 1

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