The 'National Industrial Corridor Development Programme' aims to: MCQ with Answer and Explanation

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The 'National Industrial Corridor Development Programme' aims to:

A. expand railway passenger services

B. build residential colonies

C. promote agriculture

D. develop industrial corridors and smart cities

Answer: Option D

Solution (By JKSSB Mock Tests)

National Industrial Corridor Development Programme develops industrial corridors and smart industrial cities.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Employees' Provident Fund Organisation' operates under which ministry?

A. Ministry of Social Justice

B. Ministry of Labour and Employment

C. Ministry of Finance

D. Ministry of Corporate Affairs

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Correct Answer: Option B

Explanation:
EPFO operates under the Ministry of Labour and Employment.

This question belongs to: Economy GK Economy Set 1

Question #2

Human capital formation mainly involves:

A. investment in education, health and skill development

B. accumulation of physical capital

C. increase in natural resources

D. increase in foreign exchange reserves

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Correct Answer: Option A

Explanation:
Human capital formation involves investment in education, health and skills.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' rate on admission to cultural events is:

A. 18%

B. 0%

C. 28%

D. 12%

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Correct Answer: Option A

Explanation:
Admission to cultural events generally attracts 18% GST, with some exemptions.

This question belongs to: Economy GK Economy Set 1

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