The 'National Mission on Education through Information and Communication Technology' was launched to enhance: MCQ with Answer and Explanation

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The 'National Mission on Education through Information and Communication Technology' was launched to enhance:

A. education through ICT

B. banking technology

C. defence technology

D. agricultural technology

Answer: Option A

Solution (By JKSSB Mock Tests)

NMEICT aims to enhance education through ICT.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'Customs duty' is levied on:

A. income of citizens

B. services only

C. imports and exports of goods

D. domestic production

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Correct Answer: Option C

Explanation:
Customs duty is levied on imports and, in some cases, exports of goods.

This question belongs to: Economy GK Economy Set 1

Question #2

The term 'Reverse Repo Rate' is the rate at which:

A. Banks borrow from the public

B. RBI lends to banks

C. Banks lend to RBI

D. Government borrows from banks

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Correct Answer: Option C

Explanation:
Reverse Repo Rate is the rate at which the RBI borrows money from commercial banks, absorbing excess liquidity from the system.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'national income' can be expressed as NNP at factor cost, which equals NNP at market prices minus:

A. direct taxes

B. indirect taxes plus subsidies

C. subsidies

D. depreciation

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Correct Answer: Option B

Explanation:
NNP at factor cost = NNP at market prices - indirect taxes + subsidies.

This question belongs to: Economy GK Economy Set 1

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