The 'National Initiative for Developing and Harnessing Innovations' supports: MCQ with Answer and Explanation

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The 'National Initiative for Developing and Harnessing Innovations' supports:

A. innovation and entrepreneurship

B. banking technology

C. defence manufacturing only

D. agricultural research only

Answer: Option A

Solution (By JKSSB Mock Tests)

NIDHI supports innovation and entrepreneurship.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'India-UAE Comprehensive Economic Partnership Agreement' came into force in which year?

A. 2021

B. 2020

C. 2022

D. 2023

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Correct Answer: Option C

Explanation:
India-UAE CEPA came into force in May 2022.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Agricultural and Processed Food Products Export Development Authority' promotes exports of:

A. agricultural and processed food products

B. petroleum products

C. machinery

D. textiles

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Correct Answer: Option A

Explanation:
APEDA promotes exports of agricultural and processed food products.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Uruguay Round' of GATT negotiations concluded in:

A. 1990

B. 2000

C. 1994

D. 1986

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Correct Answer: Option C

Explanation:
The Uruguay Round concluded in 1994 and led to the creation of the WTO.

This question belongs to: Economy GK Economy Set 1

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