The 'G20' comprises how many members? MCQ with Answer and Explanation

The 'G20' comprises how many members?
A. 20 countries
B. 19 countries plus EU
C. 24 countries
D. 22 countries
Answer: Option B
Solution (By JKSSB Mock Tests)
G20 comprises 19 countries and the European Union.

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Practice More Economy Set 1 Questions

Question #1
The 'Goods and Services Tax' replaced which of the following central taxes?
A. Wealth tax
B. Corporate tax
C. Service tax
D. Income tax

Correct Answer: Option C


Explanation:
GST subsumed service tax.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Goods and Services Tax' on health insurance premiums is:
A. 5%
B. 0%
C. 18%
D. 12%

Correct Answer: Option C


Explanation:
Health insurance premiums attract 18% GST.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Green Revolution' in India was mainly introduced during the tenure of which Prime Minister?
A. Morarji Desai
B. Lal Bahadur Shastri
C. Indira Gandhi
D. Jawaharlal Nehru

Correct Answer: Option B


Explanation:
The Green Revolution was initiated during Lal Bahadur Shastri's tenure in the mid-1960s.

This question belongs to: Economy GK Economy Set 1