The 'National Income' estimates in India are published with a base year of: MCQ with Answer and Explanation

The 'National Income' estimates in India are published with a base year of:
A. 2016-17
B. 2020-21
C. 2011-12
D. 2004-05
Answer: Option C
Solution (By JKSSB Mock Tests)
The national accounts series uses 2011-12 as the base year.

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Practice More Economy Set 1 Questions

Question #1
The 'Goods and Services Tax' on mineral water is:
A. 18%
B. 5%
C. 12%
D. 28%

Correct Answer: Option A


Explanation:
Mineral water attracts 18% GST.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Kisan Vikas Patra' is a:
A. small savings certificate scheme
B. bank account
C. crop insurance scheme
D. stock market instrument

Correct Answer: Option A


Explanation:
Kisan Vikas Patra is a small savings certificate scheme.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Aadhaar' number in India is issued by:
A. Unique Identification Authority of India
B. Income Tax Department
C. Ministry of Finance
D. RBI

Correct Answer: Option A


Explanation:
Aadhaar is issued by UIDAI.

This question belongs to: Economy GK Economy Set 1