The National Infrastructure Pipeline originally aimed to invest how much in infrastructure between 2020 and 2025? MCQ with Answer and Explanation

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The National Infrastructure Pipeline originally aimed to invest how much in infrastructure between 2020 and 2025?

A. Rs 50 lakh crore

B. Rs 25 lakh crore

C. Rs 200 lakh crore

D. Rs 100 lakh crore

Answer: Option D

Solution (By JKSSB Mock Tests)

The National Infrastructure Pipeline aimed at investments of Rs 111 lakh crore (about Rs 100 lakh crore) during 2020-25.

This question belongs to: Economy GK Economy Set 1

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Under GST, interstate supply of goods is subject to:

A. IGST

B. SGST only

C. CGST only

D. UTGST only

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Correct Answer: Option A

Explanation:
Interstate supply of goods and services is subject to Integrated GST.

This question belongs to: Economy GK Economy Set 1

Question #2

Opportunity cost is the value of:

A. the total money spent

B. the cheapest available alternative

C. the next best alternative foregone

D. all possible alternatives foregone

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Correct Answer: Option C

Explanation:
Opportunity cost is the value of the next best alternative forgone.

This question belongs to: Economy GK Economy Set 1

Question #3

The Fifteenth Finance Commission was headed by:

A. Y.V. Reddy

B. N.K. Singh

C. C. Rangarajan

D. Vijay Kelkar

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Correct Answer: Option B

Explanation:
The Fifteenth Finance Commission was headed by N.K. Singh.

This question belongs to: Economy GK Economy Set 1

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