The 'National Commission for Scheduled Castes' is constituted under which article? MCQ with Answer and Explanation

Question
The 'National Commission for Scheduled Castes' is constituted under which article?
A. Article 338
B. Article 341
C. Article 342
D. Article 340
Answer: Option A
Solution (By JKSSB Mock Tests)
The National Commission for Scheduled Castes is constituted under Article 338.
This question belongs to: Economy GK Economy Set 1
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Practice More Economy Set 1 Questions

Question #1
Which of the following is an advantage of a flexible exchange rate regime?
A. Elimination of all exchange rate volatility
B. Automatic adjustment mechanism for balance of payments disequilibria
C. Complete insulation from all external shocks
D. No need for any foreign exchange reserves
Discuss
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Correct Answer: Option B

Explanation:
Under flexible exchange rates, the currency appreciates or depreciates automatically in response to balance of payments pressures, helping to restore equilibrium.
This question belongs to: Economy GK Economy Set 1
Question #2
The 'Employees' Provident Funds and Miscellaneous Provisions Act' was enacted in which year?
A. 1956
B. 1961
C. 1952
D. 1948
Discuss
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Correct Answer: Option C

Explanation:
EPF Act was enacted in 1952.
This question belongs to: Economy GK Economy Set 1
Question #3
Which of the following is a major structural challenge for the Indian economy?
A. Complete equality of income across regions
B. Self-sufficiency in all commodities without trade
C. Regional disparities, unemployment and informalisation of the workforce
D. Absence of an informal sector
Discuss
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Correct Answer: Option C

Explanation:
The Indian economy continues to face structural challenges such as regional imbalances, unemployment and underemployment, and a large informal sector.
This question belongs to: Economy GK Economy Set 1
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