The 'National Development Council' was constituted in which year? MCQ with Answer and Explanation

The 'National Development Council' was constituted in which year?
A. 1956
B. 1969
C. 1950
D. 1952
Answer: Option D
Solution (By JKSSB Mock Tests)
The National Development Council was constituted in 1952.

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Practice More Economy Set 1 Questions

Question #1
The Phillips curve shows an inverse relationship between:
A. inflation and interest rates
B. inflation and unemployment
C. output and employment
D. money supply and price level

Correct Answer: Option B


Explanation:
The Phillips curve suggests a short-run trade-off between inflation and unemployment.

This question belongs to: Economy GK Economy Set 1
Question #2
NABARD was established in 1982 based on the recommendations of:
A. Narasimham Committee
B. Sivaraman Committee
C. Kelkar Committee
D. Rangarajan Committee

Correct Answer: Option B


Explanation:
NABARD was established on the recommendation of the Sivaraman Committee.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Startup India' action plan was launched in:
A. 2016
B. 2017
C. 2018
D. 2014

Correct Answer: Option A


Explanation:
Startup India was launched in January 2016.

This question belongs to: Economy GK Economy Set 1