The 'National Apprenticeship Training Scheme' is under: MCQ with Answer and Explanation

The 'National Apprenticeship Training Scheme' is under:
A. Ministry of Finance
B. Ministry of Agriculture
C. Ministry of Education
D. Ministry of Skill Development
Answer: Option C
Solution (By JKSSB Mock Tests)
The National Apprenticeship Training Scheme is under the Ministry of Education.

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Practice More Economy Set 1 Questions

Question #1
The 'Goods and Services Tax' on imports is levied as:
A. CGST only
B. SGST only
C. UTGST only
D. IGST plus customs duty

Correct Answer: Option D


Explanation:
Imports attract IGST in addition to basic customs duty.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Pigou effect' suggests that falling prices:
A. increase real wealth and consumption
B. reduce real wealth
C. increase unemployment
D. reduce money supply

Correct Answer: Option A


Explanation:
The Pigou effect states that lower prices raise real wealth and stimulate consumption.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Pradhan Mantri Jan Arogya Yojana' is the health insurance component of:
A. Ayushman Bharat
B. Digital India
C. Startup India
D. Skill India

Correct Answer: Option A


Explanation:
PM-JAY is the insurance component of Ayushman Bharat.

This question belongs to: Economy GK Economy Set 1