The 'maternity benefit' under the Maternity Benefit Act provides paid leave of how many weeks? MCQ with Answer and Explanation

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The 'maternity benefit' under the Maternity Benefit Act provides paid leave of how many weeks?

A. 14 weeks

B. 12 weeks

C. 30 weeks

D. 26 weeks

Answer: Option D

Solution (By JKSSB Mock Tests)

The Maternity Benefit Amendment Act 2017 increased paid maternity leave to 26 weeks.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Account Aggregator' framework in India deals with:

A. merging bank accounts

B. tax collection

C. deposit insurance

D. sharing of financial data with user consent

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Correct Answer: Option D

Explanation:
Account Aggregator framework enables consent-based sharing of financial information.

This question belongs to: Economy GK Economy Set 1

Question #2

The term 'Green Field Investment' refers to:

A. Setting up of new production facilities from scratch

B. Portfolio investment in bonds

C. Investment in existing companies through stock markets

D. Mergers and acquisitions only

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Correct Answer: Option A

Explanation:
Greenfield investment is a form of foreign direct investment where a parent company establishes new operations and facilities in a foreign country from the ground up.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' on luxury cars is:

A. 5%

B. 28% plus cess

C. 18%

D. 12%

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Correct Answer: Option B

Explanation:
Luxury cars attract 28% GST plus cess.

This question belongs to: Economy GK Economy Set 1

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