The 'National Policy on Skill Development and Entrepreneurship' was released in which year? MCQ with Answer and Explanation

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The 'National Policy on Skill Development and Entrepreneurship' was released in which year?

A. 2018

B. 2015

C. 2009

D. 2020

Answer: Option B

Solution (By JKSSB Mock Tests)

The National Policy on Skill Development and Entrepreneurship was released in 2015.

This question belongs to: Economy GK Economy Set 1

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Question #1

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Which of the following is a major component of India's foreign exchange reserves?

A. Only equity shares of foreign companies

B. Only domestic currency

C. Only gold

D. Foreign currency assets, gold, SDRs and reserve position in IMF

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Correct Answer: Option D

Explanation:
India's foreign exchange reserves consist of foreign currency assets, gold, Special Drawing Rights and the reserve tranche position in the IMF.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Goods and Services Tax' on takeaway food from restaurants is:

A. 28%

B. 12%

C. 18%

D. 5%

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Correct Answer: Option D

Explanation:
Takeaway food from restaurants attracts 5% GST.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Financial Stability and Development Council' is chaired by:

A. Prime Minister

B. Union Finance Minister

C. SEBI Chairman

D. RBI Governor

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Correct Answer: Option B

Explanation:
The Financial Stability and Development Council is chaired by the Union Finance Minister.

This question belongs to: Economy GK Economy Set 1

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