The 'Multi-State Cooperative Societies Act' was enacted in which year? MCQ with Answer and Explanation

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The 'Multi-State Cooperative Societies Act' was enacted in which year?

A. 2006

B. 2002

C. 1984

D. 2012

Answer: Option B

Solution (By JKSSB Mock Tests)

The Multi-State Cooperative Societies Act was enacted in 2002.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

When marginal product is zero, total product is:

A. minimum

B. maximum

C. negative

D. equal to average product

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Correct Answer: Option B

Explanation:
Total product is maximum when marginal product is zero.

This question belongs to: Economy GK Economy Set 1

Question #2

The primary objective of the Reserve Bank of India's monetary policy is to:

A. manage government expenditure

B. eliminate fiscal deficit

C. maximize exports

D. maintain price stability while keeping in mind the objective of growth

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Correct Answer: Option D

Explanation:
The RBI's monetary policy aims primarily to maintain price stability while supporting economic growth.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'PM Formalization of Micro Food Processing Enterprises' scheme is associated with which sector?

A. Textiles

B. Steel

C. IT services

D. Food processing

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Correct Answer: Option D

Explanation:
PM FME scheme supports micro food processing enterprises.

This question belongs to: Economy GK Economy Set 1

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