The 'National Dairy Development Board' is headquartered in: MCQ with Answer and Explanation

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The 'National Dairy Development Board' is headquartered in:

A. Mumbai

B. Kolkata

C. Delhi

D. Anand

Answer: Option D

Solution (By JKSSB Mock Tests)

NDDB is headquartered in Anand, Gujarat.

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 a feature of a socialist economy?

A. Market determination of prices

B. Private ownership of means of production

C. Profit maximisation as the sole motive

D. Collective ownership of means of production

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Correct Answer: Option D

Explanation:
In a socialist economy, the means of production are owned collectively or by the state, and economic decisions are largely centralised.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Rs 2000 note' in India was introduced after demonetization in:

A. 2020

B. 2014

C. 2018

D. 2016

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Correct Answer: Option D

Explanation:
Rs 2000 note was introduced in November 2016 after demonetization.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is a feature of the Indian banking system?

A. No role for foreign banks

B. Dual regulation of cooperative banks by RBI and state governments

C. Absence of priority sector lending norms

D. Complete absence of NBFCs

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Correct Answer: Option B

Explanation:
Urban and rural cooperative banks in India are subject to dual regulation by the Reserve Bank of India and the respective state governments.

This question belongs to: Economy GK Economy Set 1

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