The 'National Cooperative Development Corporation' promotes: MCQ with Answer and Explanation

Question

Share Report Error

The 'National Cooperative Development Corporation' promotes:

A. stock trading

B. imports

C. only banking

D. cooperative societies across sectors

Answer: Option D

Solution (By JKSSB Mock Tests)

NCDC promotes cooperative societies in various sectors.

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

Share Report

Which of the following is a feature of the long-run average cost curve under constant returns to scale?

A. Continuously falling

B. U-shaped due to fixed factors

C. Continuously rising

D. Horizontal

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
Under constant returns to scale, long-run average cost remains constant as output expands, resulting in a horizontal LAC curve.

This question belongs to: Economy GK Economy Set 1

Question #2

Share Report

The 'UPI' transaction limit per transaction set by NPCI is generally:

A. Rs 5,00,000

B. Rs 10,000

C. Rs 10,00,000

D. Rs 1,00,000

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
The general UPI transaction limit is Rs 1 lakh per transaction, though it varies by bank/category.

This question belongs to: Economy GK Economy Set 1

Question #3

Share Report

Which of the following is a characteristic of the Indian tax structure post-GST?

A. Multiple cascading taxes on the same value addition

B. Origin-based taxation without input credit

C. Only central taxes without state participation

D. Destination-based consumption tax with input tax credit

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
GST is a destination-based consumption tax that allows seamless input tax credit, thereby eliminating cascading and creating a unified market.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs