The 'National Bamboo Mission' is related to: MCQ with Answer and Explanation

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The 'National Bamboo Mission' is related to:

A. promoting bamboo cultivation and industry

B. fisheries development

C. wildlife conservation

D. silk production

Answer: Option A

Solution (By JKSSB Mock Tests)

National Bamboo Mission promotes bamboo cultivation, processing and marketing.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'Agriculture Marketing' in India is primarily regulated by:

A. State Agricultural Produce Marketing Committee Acts

B. RBI

C. NABARD

D. SEBI

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Correct Answer: Option A

Explanation:
Agricultural marketing is regulated by State APMC Acts.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is a feature of the Classical dichotomy?

A. Fiscal policy is the only effective tool

B. Real and nominal variables are interdependent

C. Money is neutral in the long run and affects only nominal variables

D. Wages and prices are sticky

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Correct Answer: Option C

Explanation:
Classical dichotomy refers to the separation of real and nominal variables, with money being neutral in the long run and affecting only the price level, not real output or employment.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' rate on IT services is:

A. 5%

B. 18%

C. 28%

D. 12%

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Correct Answer: Option B

Explanation:
IT services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

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