The 'Minimum Wages Act' in India was enacted in which year? MCQ with Answer and Explanation

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The 'Minimum Wages Act' in India was enacted in which year?

A. 1947

B. 1956

C. 1948

D. 1950

Answer: Option C

Solution (By JKSSB Mock Tests)

The Minimum Wages Act was enacted in 1948.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'World Intellectual Property Organization' is based in:

A. New York

B. Vienna

C. Paris

D. Geneva

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Correct Answer: Option D

Explanation:
WIPO is headquartered in Geneva.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'World Bank' headquarters is in:

A. Geneva

B. Paris

C. Washington D.C.

D. New York

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Correct Answer: Option C

Explanation:
World Bank headquarters is in Washington D.C.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Equalization Levy' in India is imposed on:

A. exports

B. digital transactions and online advertising services

C. all imports

D. agricultural income

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Correct Answer: Option B

Explanation:
Equalization Levy is imposed on specified digital transactions and online advertising services.

This question belongs to: Economy GK Economy Set 1

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