The 'National Manufacturing Policy' aims to create how many additional jobs? MCQ with Answer and Explanation

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The 'National Manufacturing Policy' aims to create how many additional jobs?

A. 100 million

B. 200 million

C. 500 million

D. 50 million

Answer: Option A

Solution (By JKSSB Mock Tests)

The National Manufacturing Policy aims to create 100 million additional jobs by 2022.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Ayushman Bharat Yojana' has two components: Health and Wellness Centres and:

A. Pradhan Mantri Mudra Yojana

B. Pradhan Mantri Awas Yojana

C. Pradhan Mantri Ujjwala Yojana

D. Pradhan Mantri Jan Arogya Yojana

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Correct Answer: Option D

Explanation:
Ayushman Bharat includes Health and Wellness Centres and PM-JAY.

This question belongs to: Economy GK Economy Set 1

Question #2

The Laffer Curve illustrates the relationship between:

A. Interest rates and investment

B. Money supply and inflation

C. Inflation and unemployment

D. Tax rates and tax revenue

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Correct Answer: Option D

Explanation:
The Laffer Curve shows that beyond a certain point, increasing tax rates may lead to a decrease in total tax revenue due to reduced economic activity and tax evasion.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'General Budget' in India was separated from the Railway Budget in which year?

A. 1921

B. 1950

C. 1947

D. 1924

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Correct Answer: Option D

Explanation:
Railway Budget was separated from the General Budget in 1924 on the Acworth Committee recommendation.

This question belongs to: Economy GK Economy Set 1

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