The 'Investment Facilitation Cell' under Invest India assists: MCQ with Answer and Explanation

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The 'Investment Facilitation Cell' under Invest India assists:

A. domestic farmers

B. investors in obtaining approvals

C. stock brokers

D. pensioners

Answer: Option B

Solution (By JKSSB Mock Tests)

Invest India's Investment Facilitation Cell helps investors with approvals and clearances.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Special Drawing Right' value is calculated based on a basket of currencies that includes which five currencies?

A. US dollar, euro, franc, pound, yuan

B. US dollar, euro, yen, pound, rupee

C. US dollar, euro, yen, pound, yuan

D. US dollar, euro, rupee, pound, yen

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Correct Answer: Option C

Explanation:
The SDR basket comprises US dollar, euro, Chinese yuan, Japanese yen and British pound.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Rashtriya Uchchatar Shiksha Abhiyan' is related to:

A. higher education

B. adult literacy

C. primary education

D. skill development

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Correct Answer: Option A

Explanation:
RUSA is a centrally sponsored scheme for higher education.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Goods and Services Tax' on digital advertising is:

A. 5%

B. 28%

C. 18%

D. 12%

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Correct Answer: Option C

Explanation:
Digital advertising services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

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