The 'GST Network' was incorporated in which year? MCQ with Answer and Explanation

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The 'GST Network' was incorporated in which year?

A. 2012

B. 2016

C. 2014

D. 2013

Answer: Option D

Solution (By JKSSB Mock Tests)

GSTN was incorporated in 2013.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Stand-Up India' scheme provides loans from Rs 10 lakh to:

A. Rs 5 crore

B. Rs 50 lakh

C. Rs 1 crore

D. Rs 10 crore

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Correct Answer: Option C

Explanation:
Stand-Up India provides loans from Rs 10 lakh to Rs 1 crore.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Multidimensional Poverty Index' uses how many indicators?

A. 12

B. 10

C. 20

D. 5

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Correct Answer: Option B

Explanation:
MPI uses 10 indicators across three dimensions.

This question belongs to: Economy GK Economy Set 1

Question #3

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The Multidimensional Poverty Index used by NITI Aayog includes which dimensions?

A. Agriculture and industry

B. Income and wealth

C. Employment and wages

D. Health, education and standard of living

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Correct Answer: Option D

Explanation:
The MPI has three dimensions: health, education and standard of living.

This question belongs to: Economy GK Economy Set 1

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