The 'National Food Security Act' provides legal entitlement to subsidized food grains to: MCQ with Answer and Explanation

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The 'National Food Security Act' provides legal entitlement to subsidized food grains to:

A. only urban poor

B. covered households under priority and Antyodaya categories

C. only farmers

D. all citizens

Answer: Option B

Solution (By JKSSB Mock Tests)

NFSA provides subsidized food grains to priority households and Antyodaya Anna Yojana households.

This question belongs to: Economy GK Economy Set 1

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SEBI was given statutory status in which year?

A. 1995

B. 1988

C. 2000

D. 1992

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Correct Answer: Option D

Explanation:
SEBI was established in 1988 and given statutory status in 1992.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is included in the current account of the Balance of Payments?

A. External commercial borrowing

B. Foreign direct investment

C. Trade in goods and services

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Correct Answer: Option C

Explanation:
The current account includes trade in goods and services, income and current transfers.

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Question #3

The 'Fifth Five Year Plan' period was:

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Correct Answer: Option B

Explanation:
The Fifth Five Year Plan covered 1974-1979.

This question belongs to: Economy GK Economy Set 1

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