The National Development Council in India is headed by: MCQ with Answer and Explanation

Question

Share Report Error

The National Development Council in India is headed by:

A. President

B. Home Minister

C. Finance Minister

D. Prime Minister

Answer: Option D

Solution (By JKSSB Mock Tests)

The National Development Council is headed by the Prime Minister.

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

The 'Goods and Services Tax' on railway freight is:

A. 0%

B. 12%

C. 18%

D. 5%

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
Rail freight attracts 5% GST.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'General Agreement on Tariffs and Trade' was signed in which year?

A. 1955

B. 1947

C. 1995

D. 1944

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
GATT was signed in 1947 and came into force in 1948.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is a major source of tax revenue for the Central Government?

A. Corporation tax, income tax and central GST

B. Only entertainment tax

C. Only property tax collected by local bodies

D. Only professional tax

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
The major sources of central tax revenue include corporation tax, personal income tax, and the central share of GST, along with customs duties.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs