The Narasimham Committee was associated with reforms in: MCQ with Answer and Explanation

Question

Share Report Error

The Narasimham Committee was associated with reforms in:

A. agriculture

B. banking and financial sector

C. labour laws

D. taxation

Answer: Option B

Solution (By JKSSB Mock Tests)

The Narasimham Committee recommended banking and financial sector reforms.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

The 'IMF' publishes which report?

A. World Development Report

B. Global Competitiveness Report

C. Human Development Report

D. World Economic Outlook

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
IMF publishes World Economic Outlook.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Goods and Services Tax' is collected by:

A. only state governments

B. local bodies

C. both central and state governments

D. only central government

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
GST is collected by both central and state governments depending on the component.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is classified under the primary sector?

A. Mining

B. Automobile manufacturing

C. Banking

D. Transport

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
The primary sector includes agriculture, mining, fishing and forestry.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs