The 'India-UAE Comprehensive Economic Partnership Agreement' came into force in which year? MCQ with Answer and Explanation

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The 'India-UAE Comprehensive Economic Partnership Agreement' came into force in which year?

A. 2020

B. 2021

C. 2022

D. 2023

Answer: Option C

Solution (By JKSSB Mock Tests)

India-UAE CEPA came into force in May 2022.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'G20' comprises how many members?

A. 20 countries

B. 24 countries

C. 22 countries

D. 19 countries plus EU

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Correct Answer: Option D

Explanation:
G20 comprises 19 countries and the European Union.

This question belongs to: Economy GK Economy Set 1

Question #2

MSME classification in India is based on:

A. export earnings

B. location only

C. investment in plant and machinery or equipment and turnover

D. number of employees only

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Correct Answer: Option C

Explanation:
MSMEs are classified based on investment in plant and machinery/equipment and annual turnover.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Employees' State Insurance Corporation' provides medical benefit to insured workers from:

A. after one year

B. after retirement

C. first day of employment

D. day one of insurable employment for certain benefits

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Correct Answer: Option D

Explanation:
ESIC medical benefit is available from day one of insurable employment.

This question belongs to: Economy GK Economy Set 1

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