The 'Goods and Services Tax' on Pradhan Mantri Suraksha Bima Yojana premium is: MCQ with Answer and Explanation

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The 'Goods and Services Tax' on Pradhan Mantri Suraksha Bima Yojana premium is:

A. exempt

B. 0%

C. 5%

D. 18%

Answer: Option A

Solution (By JKSSB Mock Tests)

PMSBY premium is exempt from GST.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'Budget Division' in India is a part of which ministry?

A. Ministry of Statistics

B. NITI Aayog

C. Ministry of Commerce

D. Ministry of Finance

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Correct Answer: Option D

Explanation:
Budget Division is part of the Department of Economic Affairs, Ministry of Finance.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Atal Innovation Mission' is part of:

A. NITI Aayog

B. SEBI

C. Make in India

D. Ministry of Finance

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Correct Answer: Option A

Explanation:
Atal Innovation Mission is a NITI Aayog initiative.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'child sex ratio' in the Indian census is defined as the number of girls per how many boys in the age group 0-6?

A. 1,000

B. 10,000

C. 100,000

D. 100

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Correct Answer: Option A

Explanation:
Child sex ratio is expressed as girls per 1,000 boys in the 0-6 age group.

This question belongs to: Economy GK Economy Set 1

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