The 'National Digital Library of India' provides: MCQ with Answer and Explanation

The 'National Digital Library of India' provides:
A. banking services
B. land records
C. passport services
D. digital educational resources
Answer: Option D
Solution (By JKSSB Mock Tests)
National Digital Library of India provides digital educational resources.

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Practice More Economy Set 1 Questions

Question #1
Which of the following is NOT a type of public debt?
A. Internal debt
B. Tax revenue
C. External debt
D. Market borrowings

Correct Answer: Option B


Explanation:
Tax revenue is a receipt, not debt. Public debt includes internal debt (market borrowings, treasury bills) and external debt.

This question belongs to: Economy GK Economy Set 1
Question #2
Under NPA classification, a substandard asset is one that has remained NPA for:
A. more than 5 years
B. 12 months or less
C. only 30 days
D. less than 6 months

Correct Answer: Option B


Explanation:
A substandard asset is one that has remained NPA for up to 12 months.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'consumption function' in Keynesian economics is usually expressed as:
A. Y = C + I
B. MV = PT
C. C = a + bY
D. S = I

Correct Answer: Option C


Explanation:
The Keynesian consumption function is C = a + bY, where a is autonomous consumption and b is MPC.

This question belongs to: Economy GK Economy Set 1