The Mahatma Gandhi National Rural Employment Guarantee Act guarantees how many days of wage employment in a financial year? MCQ with Answer and Explanation

The Mahatma Gandhi National Rural Employment Guarantee Act guarantees how many days of wage employment in a financial year?
A. 120 days
B. 150 days
C. 100 days
D. 90 days
Answer: Option C
Solution (By JKSSB Mock Tests)
MGNREGA guarantees 100 days of wage employment in a financial year to rural households.

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Practice More Economy Set 1 Questions

Question #1
The 'consumer price index' for rural and urban areas separately is compiled by:
A. Ministry of Finance
B. RBI
C. National Statistical Office
D. Labour Bureau

Correct Answer: Option C


Explanation:
CPI-Rural and CPI-Urban are compiled by the NSO.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Finance Secretary' in India is under the:
A. NITI Aayog
B. Ministry of Finance
C. Ministry of Commerce
D. RBI

Correct Answer: Option B


Explanation:
Finance Secretary is the administrative head of the Ministry of Finance.

This question belongs to: Economy GK Economy Set 1
Question #3
Price discrimination is most commonly possible under which market structure?
A. Oligopoly
B. Monopolistic competition
C. Monopoly
D. Perfect competition

Correct Answer: Option C


Explanation:
A monopolist can practise price discrimination because it has market power and can prevent resale.

This question belongs to: Economy GK Economy Set 1