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

The 'National Digital Library of India' provides:
A. passport services
B. banking services
C. digital educational resources
D. land records
Answer: Option C
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
The 'Goods and Services Tax' on event management services is:
A. 28%
B. 12%
C. 5%
D. 18%

Correct Answer: Option D


Explanation:
Event management services attract 18% GST.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Goods and Services Tax' rate on restaurant services in AC restaurants was initially 18%, but later revised to:
A. 5% without ITC
B. 28%
C. 18%
D. 12%

Correct Answer: Option A


Explanation:
Restaurant services were rationalized to 5% without input tax credit.

This question belongs to: Economy GK Economy Set 1
Question #3
Gross National Product at market prices equals GDP at market prices:
A. minus depreciation
B. plus net factor income from abroad
C. plus depreciation
D. minus net factor income from abroad

Correct Answer: Option B


Explanation:
GNP = GDP + net factor income from abroad.

This question belongs to: Economy GK Economy Set 1