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. 2009

B. 2020

C. 2015

D. 2018

Answer: Option C

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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The 'Farmers' Produce Trade and Commerce (Promotion and Facilitation) Act, 2020' was later:

A. amended only

B. implemented fully

C. repealed in 2021

D. extended to 2030

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Correct Answer: Option C

Explanation:
The three farm laws of 2020 were repealed in 2021.

This question belongs to: Economy GK Economy Set 1

Question #2

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Repo rate is the rate at which the Reserve Bank of India:

A. accepts deposits from public

B. lends to the government

C. lends short-term funds to commercial banks against government securities

D. borrows money from commercial banks

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Correct Answer: Option C

Explanation:
Repo rate is the rate at which the RBI lends short-term funds to banks against government securities.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Goods and Services Tax' on software services is:

A. 5%

B. 18%

C. 28%

D. 12%

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Correct Answer: Option B

Explanation:
Software services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

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