The 'MGNREGA' initially covered how many districts in its first phase? MCQ with Answer and Explanation

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The 'MGNREGA' initially covered how many districts in its first phase?

A. 600

B. 100

C. 200

D. 300

Answer: Option C

Solution (By JKSSB Mock Tests)

MGNREGA was initially implemented in 200 districts.

This question belongs to: Economy GK Economy Set 1

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The 'ICRA' in India is a:

A. insurance company

B. bank

C. stock exchange

D. credit rating agency

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Correct Answer: Option D

Explanation:
ICRA is a credit rating agency.

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Question #2

Which of the following is a feature of the 'Random Walk Hypothesis' of stock prices?

A. Technical analysis can systematically generate excess returns

B. Successive price changes are independent and stock prices fully reflect available information

C. Only fundamental analysis is irrelevant

D. Stock prices are predictable based on past patterns

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Correct Answer: Option B

Explanation:
The random walk hypothesis, closely related to the efficient market hypothesis, asserts that successive price changes are independent and that prices incorporate information so rapidly that future changes are unpredictable.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Eighth Five Year Plan' period was:

A. 1987-1992

B. 1992-1997

C. 1997-2002

D. 1990-1995

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Correct Answer: Option B

Explanation:
The Eighth Five Year Plan covered 1992-1997.

This question belongs to: Economy GK Economy Set 1

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