The 'Governing Council' of NITI Aayog includes: MCQ with Answer and Explanation

Question

Share Report Error

The 'Governing Council' of NITI Aayog includes:

A. Chief Ministers and Lieutenant Governors

B. only finance secretaries

C. only central ministers

D. only RBI Governor

Answer: Option A

Solution (By JKSSB Mock Tests)

The Governing Council includes Chief Ministers and Lieutenant Governors along with the Prime Minister and central ministers.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

The 'Washington Consensus' refers to a set of policies emphasizing:

A. nationalization

B. import substitution and state control

C. trade barriers

D. liberalization, privatization and macroeconomic stability

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
The Washington Consensus emphasized liberalization, privatization and macroeconomic stability.

This question belongs to: Economy GK Economy Set 1

Question #2

The term 'Special Economic Zone' (SEZ) is associated with:

A. Reducing agricultural production

B. Increasing import tariffs

C. Restricting foreign investment

D. Promoting exports and attracting investment

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
SEZs are designated areas that offer incentives such as tax benefits and simplified procedures to promote exports, attract domestic and foreign investment, and generate employment.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Economic Survey' is usually authored by:

A. Chief Economic Adviser's team in the Ministry of Finance

B. RBI

C. SEBI

D. NITI Aayog

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
The Economic Survey is prepared by the Chief Economic Adviser's team.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs