The 'National Food Security Act, 2013' provides subsidized food grains under which category? MCQ with Answer and Explanation

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The 'National Food Security Act, 2013' provides subsidized food grains under which category?

A. Priority households and Antyodaya Anna Yojana households

B. All income groups equally

C. Farmers only

D. Urban households only

Answer: Option A

Solution (By JKSSB Mock Tests)

NFSA covers priority households and Antyodaya Anna Yojana households with subsidized food grains.

This question belongs to: Economy GK Economy Set 1

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The 'Index of Industrial Production' is published with a time lag of about:

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B. one month

C. one week

D. six weeks

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Correct Answer: Option B

Explanation:
IIP is released with a lag of about one month.

This question belongs to: Economy GK Economy Set 1

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The 'Bharat Bill Payment System' is operated by:

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Correct Answer: Option B

Explanation:
BBPS is operated by NPCI for bill payments.

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The quantity theory of money is expressed by which equation?

A. S = I

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Correct Answer: Option C

Explanation:
The quantity theory of money is expressed as MV = PT.

This question belongs to: Economy GK Economy Set 1

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